With features like online bill payment, easy money transfers, and more, Green Dot prepaid cards are nothing short of a blessing.
To get the most out of it, you'll need to know how to transfer money from Green Dot card to your bank account and how to handle various types of financial transfers with the card.
Green Dot, headquartered in Pasadena, California, is a financial technology and bank holding company. In terms of market capitalization, Green Dot Corporation is the world's largest prepaid debit card issuer. This makes it easy to send money from a Green Dot card to a bank account and this is what we will be doing today.
That said, by the end of this guide, you will know how to transfer money from Green Dot card to a bank account as a pro and without hassle.
How Does Green Dot Card Works?
Accepting government deposits, making transfers, and receiving paychecks are all possible with Green Dot prepaid cards. You can also deposit checks safely using the online card account.
You must add money onto this prepaid card because it is a prepaid card. You can use it just like a debit card once you have enough funds. It works at any VISA-accepting location in the United States.
There are only a few places that allow you to withdraw money from your account for free when you check out. 7-Eleven and Kroger are two examples.
In a single day, you can withdraw $500 from the card. This amount, however, may vary based on the prepaid card you're using.
For example, you can use your Walmart Money Card to withdraw $500 from an ATM. On the contrary, you can cash out up to $1000 per day if you are registered on Walmart.
Which Prepaid Cards Does Green Dot Offers?
Green Dot offers three different types of prepaid debit cards that can be used at a variety of locations. They are as follows:
1. Green Dot Visa Debit Card
This card lets you save money by moving funds to the Money Vault. If you don't move the money back to your card account, you won't be able to withdraw it. The card also allows you to set aside emergency cash to be used in the event of an emergency, such as an accident, illness, or the need to travel urgently, among other things.
You can use the Green Dot Visa Debit Card to withdraw money from ATMs. You can also pay for things online at places like Amazon and Walmart. The card comes with a number of fees that you must pay. You must pay $4.95 to recharge at one of the participating stores.
Withdrawals from ATMs and teller machines cost $3 per transaction. If you want to check your balance at an ATM, you'll have to pay $0.50. In addition, if you wish to replace your card, you'll have to pay $5. The price of a 12-pack of paper checks was $5.95. All of these costs are unavoidable, and you will have to pay them as long as you have the card.
There are a few extra costs that you can avoid in some way. If you make a direct deposit of at least $500, you can avoid a $7.95 monthly maintenance cost. If you use the card within the first ninety days of application, you can avoid a one-time inactivity fee of $7.95.
2. Green Dot Cash Back Visa Debit Card
On mobile and online transactions, the card offers a 2% rebate. There are no limits to the amount of cashback you can earn, and you can earn as much as you want. You'll also get a fee-free savings account with a 2% annual interest rate. You'll be able to deposit money for free at participating merchants if you have the card. Withdrawals from ATMs are, once again, free. You must use in-network ATMs to take advantage of the free ATM withdrawals.
The Green Dot Cash Back Visa Debit Card, unlike the Green Dot Visa Debit Card, does not have access to Money Vault, thus you cannot save. The card comes with a number of fees that you should be aware of. The cost of purchasing a card is $2.95.
You will be charged a $3 fee per transaction if you withdraw money from an ATM outside of the network. Inquiry costs $0.50 if you don't have enough money in your account. Withdrawals from a teller cost $3 each transaction, while replacing a card costs $5. A 12-pack of paper checks will set you back $5.95.
Furthermore, there is a $9.95 monthly maintenance fee that you cannot avoid in any way. If you complete a transaction at least once within the first 90 days of receiving the card, you can avoid the $9.95 inactivity fee.
3. Green Dot Pay As You Go Visa Debit Card
The Green Dot Pay As You Go Card works in the same way as the Green Dot Visa Debit Card. Free bank transfers are available with the Visa Debit Card, allowing you to save as much as possible. You can also make free direct payments to your card account and put some money aside in a Money Vault.
There are a variety of fees associated with the card, including $1.50 per transaction, $3 for ATM and teller withdrawals, and $0.50 for balance inquiries. You'll have to pay $5 for a replacement card and $9.95 for an inactivity fee, which you can avoid by using the card frequently.
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How to Get a Green Dot Prepaid Card Instantly
Are you ready to apply for a Green Dot prepaid card? You can register at the nearest retail shop. We'll lead you through the process in simple terms, but first make sure you meet the qualifying requirements. This includes the following:
- 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.
Once you got all of the above required information, you can apply for a Green Dot card by following the steps outlined below:
- Go to the Green Dot official 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 will have to visit the nearest store to get your Green Dot prepaid card.
Green Dot Prepaid Card Features
As soon as you receive the card, you can begin using it. The following are some of the initial advantages you will enjoy with the card:
- Monthly fee waiver on deposit of $1000 every month.
- Access to impeccable mobile app.
- Direct deposit via online account.
- Extremely supportive customer service.
Can I Transfer Money from Green Dot Card to Bank Account?
Yes you can. You can use an ACH Transfer to transfer money from a Green Dot card to a bank account. However, you will need to link a bank account to your Green Dot before being able to transfer the money. An account and routing number are crucial for the linking process.
How to Transfer Money from Green Dot Card to a Bank Account
ACH transfers allow you to move money from your Green Dot account to a bank account. ACH transfers are processed through the Automated Clearing House network. It's a safe way to transfer money from your Green Dot account to your bank account and back.
When transferring cash, you must do the following steps.
How to Transfer Money from Green Dot Card to Bank Account Step by Step
- Log into your Green Dot card account online
- Navigate to Add money or transfer money
- Select transfer money
- Add the bank details where you want to send the money
- Follow the other instructions
You can also use your linked bank account to deposit funds into your Green Dot card account, which you can then use for a variety of transactions. Transfers from Green Dot to banks can take up to four business days to complete. Green Dot also allows you to send money to other payment platforms like PayPal and Cash App.
How Long Does it Takes to Transfer Money from Green Dot Card to Bank Account
A complete transfer of funds from Green Dot to a bank account may take up to 4 business days to complete. However, the length of time might depend on your bank and the time they might take to process the money before attributing it to your account.
How to Get Money Off/Withdraw Money from Green Dot Without the Card
You can withdraw money from Green Dot without the card by using a linked bank account. All you have to do is to link a bank account to green dot using the account and routing number of your bank account and then withdraw money to without having to use the card.
Here's how to get money off a temporary Green Dot card.
A guide on how to transfer money from Green Dot to Chime bank shows how this withdrawal can be done.
Other Money Transfers Involving Green Dot Cards
Green Dot Prepaid card can be used as a ready-to-use money source that you can top up online and transfer money to other accounts.
We'll go over some of the card's money transfers and how to complete them below.
Transfer Money from Green Dot to PayPal
You can rapidly transfer money from your Green Dot account to your PayPal account or other bank accounts, depending on your needs. The transfer money feature is simple to use and may be used whenever you need it.
To complete this exchange, all you need is a customized Green Dot card. Also, make sure you enter the recipient's information carefully so you don't send it to the wrong person.
You can also link your Green Dot and PayPal accounts with MoneyPak. This is extremely useful when making purchases on eBay, Walmart, or Amazon.
Note! The Green Dot card provides for a maximum load of $1100. This amount varies depending on the retailer.
A routing number is required to transfer money from one account to another.
Transfer Money from Green Dot to Cash App
This is a simple one! To transfer funds from your Green Dot account to Cash App, follow the instructions below.
- 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.
Your card will be instantly linked to Cash App and from there, you can withdraw money from Green Dot to Cash App to complete the transfer.
Can I Transfer Money from Green Dot to Venmo?
Transfer Money to Green Dot Card Using Credit Card
A Green Dot debit card works similarly to a credit card. It is a VISA and MasterCard partner. Furthermore, this is one of the easiest cards to obtain approval for, and it aids in the rapid improvement of your credit score.
Because this is a debit card, you'll need to transfer funds to it before you can use it. You can only use the card to make purchases if you have enough money on it. You have two options for loading money onto your card.
1. Use Nearby Cashier
One of the most convenient ways to do this is to reload your Green Dot card at the retailer. Retail outlets where reloading is available can be found in a variety of locales, and we are confident that you will be able to discover one near you.
Simply make sure you have your card with you when you reload, and tell the cashier how much you want to deposit.
2. Use MoneyPak
Unfortunately, Green Dot's website does not yet support card reloading. Although we believe that the situation will improve soon, there is another alternative to deposit funds to your card via the internet.
This service can be used to reload your Green Dot card. The money is transferred right away. MoneyPak can be used by students and teenagers to transfer funds because it is open to anyone.
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Transfer Money Off Green Dot Card At Walmart
At Walmart, you can use your card to make an instant transaction. You won't have to worry about having cash with you because the cashing service will send the pay stub or check to your account.
Limits on cashing, reloading, and card balance are all in effect. Also keep in mind that not all retailers and states offer these services.
Receive Money on Green Dot Card from Someone's Account
You can accept money from one account to your Green Dot card. The procedure is identical to how funds are transferred from a credit card. The steps are as follows:
- Log in your Green Dot 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 Green Dot Card to Someone's Account
You may need to send the money on your card with a friend or relative at some point. As long as you are a legal resident of the United States and have a legitimate email address or phone number, you can easily do so.
- Open your Green Dot 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
Fortunately, you can enjoy the fantastic option of adding another card to your Green Dot account by dialing (866) 291-0818. To link the card, you will be asked for identification and full facts such as your social security number, phone number, and the cardholder's relationship with you.
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Final Thoughts on How to Transfer Money from Green Dot Card to Bank Account
Transferring money from one account to another has become much easier thanks to online banking. However, in order to do it correctly and safely, you must first understand how it works. Hopefully, this guide has taught you how to transfer money from your Green Dot card to your bank account.
To transfer money from your Green Dot prepaid debit card account to a bank account, you'll need the recipient bank account's account and routing numbers. You can use the two sets of numbers to set up an ACH transfer to your bank account. You can also add money onto your Green Dot card from your bank account. Additionally, you can transfer funds from one Green Dot card to another instantly.