Published on January 8th, 2019 | by Chuck47
GoBank Prepaid Card $100 Signup Bonus
Offer at a glance
- Max Bonus Amount: $100
- Availability: Nationwide
- Additional requirements: One purchase per month for 12 months
- Hard/soft pull: No hard pull
- Credit card funding: Unknown
- ChexSystems: Unknown
- Monthly fees: Waivable
- Expiration date: 1/31/2019
The Fine Print
GoBank charges $8.95 per month, waivable when you have a $500 direct deposit post to the account each month. Ordinary ACH transfer have worked in the past for this.
GoBank is a full-service prepaid card similar to the Serve, and some people use it for Walmart loads and the like. It’s run by GreenDot who has always been known to be shutdown happy, but people have used this successfully, probably by using in moderation.
I don’t see this as being worth it for the $100 bonus since you’ll have to deal with the $500 monthly direct deposits, the monthly purchase, and you’ll only get the bonus in a year. But for those interested in the card for other reasons, this seems like a sweet added bonus.
There’s a similar deal from Green Dot on other prepaid cards as well. Those are less interesting for use, but the signup offer is a bit better since it also gives 5% back on purchases, up to $250 per year.
Hat tip to @covwhodat
Important Note: A reader says that the cards purchased online do not get free loads, only those purchased in Walmart. If anyone can collaborate this info, please do. I believe you can still get the $100 bonus by purchasing at Walmart and then activating through the promo page.