Is Green Dot Better Than NetSpend?

Is Green Dot a real bank?

Green Dot Bank is an online bank offering an unlimited cash back bank account and high-yield savings account.

Green Dot Bank is held by Green Dot Corporation, which also owns Bonneville Bank and GoBank.

Green Dot has been around since 1999, with its first prepaid debit card coming on the market in 2001..

What bank is associated with green dot?

GoBankGoBank is a brand and trademark of Green Dot Bank , Member FDIC, which also operates under the brands Green Dot Bank and Bonneville Bank .

Do prepaid credit cards build your credit?

Does Using a Prepaid Card Affect Your Credit? With a prepaid card, you aren’t borrowing any money. Prepaid credit cards don’t have a credit line attached to them, and they aren’t reported to the credit reporting agencies, so they won’t help improve your credit scores.

Does netspend take your money?

With a Netspend Prepaid Debit Card, you can make purchases at stores, over the phone and online. Use it anywhere Debit Mastercard and Visa debit cards are accepted. Withdraw cash at ATMs worldwide. Pay bills, rent and other necessities.

Can you transfer money from Greendot to cash App?

You currently can’t use a prepaid card on Cash App to add funds to your account. Cash App accepts linked bank accounts and credit or debit cards backed by Visa, American Express, Discover, or MasterCard.

Is Green Dot a good prepaid card?

Prepaid credit cards are easier to get approved for, making them popular with younger people or folks with poor credit. With a low activation fee, free direct deposit, and a flat rate monthly service fee structure, the Green Dot Prepaid Visa® card makes it to the top of the list for best prepaid cards out there.

Which prepaid debit card is the best?

The Best Prepaid Debit Cards of 2021Bluebird by American Express: Best Overall, Best for No Monthly Fee.American Express Serve FREE Reloads: Best for Cash Reloads.Walmart MoneyCard: Best for Walmart Shoppers.American Express Serve Cash Back: Best for Rewards.FamZoo Prepaid Debit Card: Best for Tweens/Teens.

Can I use Green Dot to reload netspend?

Kendall Morris, Credit Cards Moderator You can check whether you can load your NetSpend Visa card with a Green Dot MoneyPak here. All you have to do is enter the first 9 digits of the account number for the card onto which you want to deposit the money.

What are the top 10 prepaid cards?

The 7 Best Prepaid Debit Cards of 2021American Express Serve FREE Reloads: Best for Cash Reloads.American Express Serve Cash Back: Best for Cash Rewards.Netspend Prepaid: Best for Direct Deposits.Starbucks Rewards Visa Prepaid Card: Best for No Fees.Akimbo Prepaid MasterCard: Best for Budgeting.More items…

Which bank does Green Dot use?

Bonneville BankGreen Dot is proud to partner with Bonneville Bank and the U.S. Treasury to help more Americans enter the financial mainstream with their own prepaid debit card account and avoid the cost and the time involved in otherwise waiting for and cashing a tax refund check,” said Steve Streit, Chairman and CEO, Green Dot …

Does netspend ask for SSN?

Unlike credit and debit cards, Netspend does not require a Social Security Number to open an account. The company only requires a name, address, and email address to enroll on its website.

How much money can you put on a prepaid card?

The daily cash load limit doesn’t apply to other methods of adding money to the prepaid debit card, like direct deposit, bank transfers, or mobile check deposits. Cash load limits range from $500 per day to as much as $10,000.

Is Green Dot bank safe?

High-Yield Savings Account Like all banks covered by the Federal Deposit Insurance Corporation (FDIC), money held in Green Dot accounts is FDIC-insured up to $250,000 per depositor.

Do Green Dot cards affect your credit?

Green Dot credit cards carry relatively low interest rates compared with competing secured credit cards, and unlike with most other issuers, applying for one won’t impact your credit. (Green Dot doesn’t do a hard pull on your credit report.)

Is NetSpend a ripoff?

This company is a scam, don’t use them. They stole my stimulus check, locked my account when I reported a card stolen, I kept getting charged double with Uber and Lyft.

Which prepaid card has the highest limit?

5 No Limit/High Limit Prepaid Debit CardsWhy a High Limit Card?Best No Limit/High Limit Prepaid Debit Cards.PayPal Prepaid Mastercard – $15,000.Brink’s Prepaid Mastercard – $15,000 Limit.Netspend Prepaid Visa – $15,000.NexsCard Prepaid Visa – $20,000 Limit.CashPass Visa – $20,000 Limit.

Is Green Dot FDIC insured?

That being said, Green Dot’s accounts are FDIC-insured, and customers have access to a free ATM network and are able to make free cash deposits at national Green Dot retailers, like Walmart. The account has no minimum deposit requirement, and no overdraft or penalty fees.

Why does Green Dot want my Social Security number?

Green Dot then states “A Social Security Number is required to get a reloadable Personalized Card with ATM access.” Next was space to enter the SSN. … If you do not have a Social Security Number or do not wish to provide it, you can continue with the registration of only your Temporary Card.

Can Green Dot be traced?

Like wire transfers, money sent through MoneyPaks is not traceable and Green Dot is not responsible if consumers are defrauded, he said. … Green Dot now has fraud prevention tips on its web site, and is partnering with law enforcement and consumer agencies,the company said.

What is the best card to put money on?

Best Reloadable Credit Cards Online in 2021PayPal Prepaid Mastercard®: Best for Direct Deposit. … NetSpend® Visa® Prepaid Card: Best for Everday Use. … NetSpend® Visa® Prepaid Card: Best for Flexibility. … BlueBird® by American Express®: Best for Budgeting. … American Express® Serve®: Best for Onsite Shopping.More items…•

Can I sue netspend?

Your Contract probably says you can’t sue NetSpend in any court except Small Claims Court, thanks to an arbitration clause. While this can be complicated and time consuming, when you sue NetSpend in small claims court you usually get what you want.

What bank is netspend?

Netspend, a TSYS® Company, is a registered agent of The Bancorp Bank, Axos Bank, MetaBank, and Republic Bank & Trust Company. The Netspend Visa Prepaid Card may be used everywhere Visa debit cards are accepted.

How much money can you deposit on a green dot card?

The most you can deposit to your account in cash is $2,999 in the aggregate in any day. You also may not deposit cash to your account at any time your account balance exceeds $2,999.

Does Walmart own green dot?

Green Dot also owns and operates the Green Dot Network, the nation’s leading prepaid card reload network. Green Dot products are available online at http://www.greendot.com and at more than 55,000 retail stores, including Walmart, Walgreens, CVS/pharmacy, Rite Aid, 7-Eleven, Kroger, Kmart, Meijer, and Radio Shack.