How Do You Withdraw Money From A Greendot Card
Greendot prepaid cards are no less than a blessing with their outstanding features like online bill payment, quick money transfers, and much more.
However, to make the best use of the you need to know how to transfer money from Greendot card to bank account and how to proceed with other type of fund exchange.
You may not be aware of these procedures yet but that's what we are here to do! By the end of this reading, you will be flipping your Greendot prepaid card like a pro.
Quick Overview of How To Transfer Money From Greendot Card To Bank Account
To transfer money from Greendot card to Paypal or bank account you must be aware of its routing number and your account number.
These are specific and should be provided by the card issuer himself. If you are not aware of the data, you can log in to your card's account and learn the information following the protocol below.
- Open your card account.
- Click on Add Money.
- Scroll down to find Account number and Routing number.
You can easily use it to transfer money to your friends and relatives without incurring any charges. Visit paybis.com, it simple, easy, and straightforward.
Another approach is to link you card to a bank account and then use that account to make transfers. This may sound complicated but it really isn't.
The verification process will require you to make small transfers to ensure that the card and the account are, in fact, set up.
After that you can transfer the cash of your choice to your prepaid card. Following pointers sum of the transfer process.
- Enter the amount you want to send.
- Choose the account you want to send it to.
- Choose the card you have to use.
Basics of How Greendot Cards Work
Greendot prepaid cards let you accept government deposits, make transfers, or receive paychecks. You can also use the online card account to deposit checks safely.
Since this is a prepaid card, you need to load money on to it. Once you have sufficient funds, you can use it just like debit cards. It works at all locations nationwide where VISA card is applicable.
Did You Know? There are few locations that allows free cash withdrawal from the account when you check out. This includes 7-Eleven and Kroger.
You can withdraw $500 from the card in a day. However, this amount might change depending on the prepaid card that you are using.
For example, you can withdraw $500 with Walmart Money Card at the ATM. On the other hand, Walmart register lets you take out $1000 per day.
Pros and Cons of Owning a Greendot Prepaid Card
What's good and what's bad? Let us take a look!
Transfer Money From One Account To Another
Perhaps the biggest advantage of this service is that you can transfer money to which ever account you want as long as it exists within the US.
All you need is the recipients information such as email ID and mobile number. The transfer is quick and the money is made accessible right away.
Easily Load Money To Your Card Using Another Bank Account
It is easy to keep this card up and running as you can make deposits to it through any other bank account. Other parties such as your friends and families can send you money as well.
Greendot does not charge for this service but fees may apply depending on the bank you are using to make the transfer.
Avoid Monthly Charges
Is the though of monthly charges weighing you down? No need to worry because you can avoid it simply by depositing at least $1,000 every month.
Note! Greendot monthly charges are set at $7.95.
Free of Overdraft Fees
You are allowed to make an overdraft via prepaid card without any fee. However, we suggest you are careful with any such move because you will be charged if the balance falls below $0.
No Credit Checks
The credit card application does not require you to present a decent credit report or even a credit history.
It is specifically meant for people who could not afford a credit card due to poor score. You can quickly get accepted for this card and then make use of its features right away.
No Expensive Check-Cashing Services
Greendot lets you avail cash checks for free. You can make a direct or online deposit via the app and choose to subscribe to alert services that keep you informed about account activity.
Free of Cost Online Bill Payment
This is another convenient feature that you can enjoy with Greendot prepaid card. It will let you surpass the need for expensive paper checks and even allow you to schedule bill payments without any additional charges.
VIP Program
Its VIP program is open to all (of course, with some extra charges!). You will be waived off ATM fee and withdrawal charges by joining VIP member list. On top of that, you will also become company's preferred customer for support and service.
Charges on ATM Transactions
Since Green dot does not own an ATM network of its own, it charges an addition fee when using another bank for this action.
Penalty Fee If Balance Falls Below $0
Users have to deposit funds to the prepaid card in order to use it. If the existing balance falls below $0, the company will charge additional fee. This would be deducted when you again top-up your account.
Expensive Paper Checks
This may come as a surprise but Greendot charged a lot for paper check. A dozen will cost around $5.95 which is considerably higher compared to other similar services. Moreover, you need to get them approved via mobile app before use.
How To Get Your Green Dot Prepaid Card Right Now
Are you ready to become Greendot prepaid cardholder? You can get yourself registered at the closest retail store. We will walk you through the procedure in easy words but before that you must check if you fulfil the eligibility criteria. This includes:
- You must be a legal resident in the US.
- You must have valid social security number.
- All applicants are required to be of age 18 years or more.
Now here is what you need to do in order to apply:
- Visit the official Greendot website.
- Click on Other Products.
- Click on Prepaid cards.
- Choose the card you want to apply for and click on Learn More to become aware of terms and conditions.
- Move forward by providing personal information such as full name, residential address, contact number, date of birth, social security number, etc.
You might have to visit the nearest store to obtain your prepaid card.
Greendot Prepaid Card Features – Highlights
You can start using the card as soon as you receive it. Some of the benefits you get to enjoy immediately are listed below.
- Monthly fee waiver on deposit of $1000 every month.
- Access to impeccable mobile app.
- Direct deposit via online account.
- Extremely supportive customer service.
Transferring Money With Greendot Cards
Greendot Prepaid card can serve as a ready-to-use source of money that you can refill online and use it to transfer funds to other accounts as well.
Below we will talk about some of the money transfers associated with the card and how you can perform them.
Transfer Money From Green Dot To PayPal
You can quickly transfer money from Greendot to Paypal account as well as other bank accounts as per your need. The send money feature is easily accessible and you can avail of it any time you need.
All you need is a personalized Greendot card in order to complete this exchange. Moreover, carefully enter the recipient's information so you don't end up sending it to the wrong person.
MoneyPak also allows you to link Greendot and PayPal account. This is quite helpful when you have to make purchases at eBay, Walmart, or Amazon.
Note! Greendot card allows up to $1100 per load. This amount can vary from one retailer to another.
When you wish to transfer funds to account of several different account, you will be asked to provide routing number.
Transfer Money From Greendot To Cash App
This one's easy! Here are the steps you should follow to move funds from your Greendot account to Cash App.
- Create Cash App on your smartphone. The procedure is same for Android and iPhone.
- Click on Building's icon.
- Tap on My Cash.
- Locate Cash and Bitcoin section.
- Press + Add Bank under this section.
- Choose whether you wish to add debit card or credit card.
- Enter your card's information on the next window that opens.
- Press Add Card.
You card will be linked to Cash App immediately.
Transfer Money To Greendot Card Using a Credit Card
A Greendot debit card can be obtained much like a credit card. It is affiliated with VISA and MasterCard. Furthermore, this is one of the easiest card to be approved for and it helps you improve your credit score quickly.
Since this is a debit card, you would need to transfer funds to it in order to use them later on. Only with adequate funds can you use the card to make purchases. You can load money to your card in two different ways.
Method 1: Visit Nearby Register
Reloading Greendot card at the Register is one of the most convenient method to get this done. Retail locations where reload is possible are present at various spots and we are sure you can find one closest to you.
Just make sure that you have your card with you at the time of the reload and inform the cashier the amount you wish to deposit.
Method 2: Use MoneyPak
Unfortunately, the only website of Greendot does not have card reload feature yet. Although we are hopeful the improvement will be made soon, there is another way to deposit funds to your card online.
MoneyPak.com!
You can use this service to refill Greendot card. The funds are transferred immediately. Since MoneyPak is available to all, it can be used by students and teenagers to transfer funds as well.
Transfer Money Off Greendot Card At Walmart
You can make immediate purchase with your card at Walmart. The cashing service will transfer the pay roll or the check to your account so you don't need to worry about carrying cash with you.
Cashing fee, limits, reload fee, and card balance limits are applicable. Also keep in mind that these services are not available in all stores and states.
Accept Money On Greendot Card From Someone's Account
You can receive funds on your Greendot card from another account. The process is similar to how you transfer funds from the card. The steps include:
- Log in your Greendot card account.
- Navigate to Pay Bills and People.
- Select Pay People.
- Type in the required information of the recipient. You would be asked to provide name, email ID, contact information, etc.
- Lastly, choose the amount you wish to send.
- Click on Continue.
- Review data and press Send Money.
Send Money From Greendot Card To Someone's Account
At some point you might need to share the money you have in your card with a friend or a relative. You can easily do that as long as you are a legal resident in the US and have a valid email ID or mobile number.
- Open your Greendot card account.
- Navigate to Pay Bills and People.
- Choose Pay People option.
- Provide recipient's information including name, email ID, mobile number, etc.
- Choose the amount you wish to send.
- Click Continue.
- Review the information one more time and then tap Send Money.
How to add Another Card to Green Dot Account
Luckily Enjoy the amazing option to another card linked with Green Dot account, you need to call this number (866) 291-0818. You will be asked the identification and complete details like social security number, phone number and card holder's relation with you to link the card.
Wrap Up
Online banking has made it easier to move funds from one account to another. However, in order to that correctly and securely, you must have the right knowledge of how it works. Hopefully, this article could teach you a thing or two about how to transfer money from Greendot card to bank account.
It is easy to see why so many customers currently own a Greendot card: there is not credit history requirement yet it is a perfect choice to rebuild credit score. Hopefully, it would help you manage your finances in simple and straightforward manner.
Frequently Asked Questions About How to Transfer Money From Greendot Card To Bank Account
How much do I pay when I load on Green Dot card?
You have to pay at least $1.95 as a general fee with this card. On top of that, $7.95 service fee implies. This can be waived off if you choose to deposit at least $1000 every month.
Can I increase the amount that is possible to withdraw from Greendot card?
Yes. It is possible to increase the amount you can withdraw at the ATM by calling (866) 795-7597 customer support team.
Can I send money from my Greendot card to Cash app?
Yes you can easily do this by tapping on My Cash in Cash App and clicking + Add Bank. Then provide your card information and select Add Card. Once the two accounts are linked, you can continue to transfer money to Cash App.
How Do You Withdraw Money From A Greendot Card
Source: https://www.thegigcity.com/transfer-money-from-greendot-card-to-bank-account/
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