Green Dot and Walmart Launch GoBank Checking Accounts
Walmart, the America’s largest retailer, and Green Dot Corp. announced the rollout of GoBank, a checking account product available to almost anyone over 18 who passes an ID check. The accounts will be available nationwide by the end of October.
The checking account is designed to be a low-cost alternative to traditional bank checking accounts. GoBank will have no fees for overdrafts or bounced checks and no minimum account balance. There will be a bunch of modern features, which will help you to manage your everyday finances with ease, and a linked MasterCard debit card.
GoBank will cost $8.95 a month if monthly deposits will be less than $500. So, most people on Social Security or fixed pensions will be able to use this account for free. No other checking account is that affordable.
In addition to low costs, GoBank offers benefits of a FDIC-insured checking account that is loaded with features and functions. The most notable features are: instant person-to-person payment, pay-anyone bill pay, budgeting tools, integrated bank account, low and transparent fees, high availability, quick account set-up, and advices on spending.
GoBank, a full-featured checking account, is offered as part of Walmart’s checking alternatives category and will be available exclusively on the retailer’s shelves. To open a GoBank account you will need to go through an identification check, after that the account promised to be open in minutes.
Latest Bad Credit Card News
If you have less than a perfect credit, a limited credit history, or recent derogatory marks on your credit report, you may have trouble applying for many of the credit card options currently available on the market. But there is another way to prove that you can handle credit responsibly: a secured credit card. Since […]
On the threshold of the most romantic holiday, WalletHub published the results of the so-called Valentine’s Day Spending Survey. 1,000 men and women from across the U.S. participated in the poll. The questions concerned not only the expenses and expectations before February 14, but also how the financial situation may affect a relationship. The most […]
The numbers of co-branded credit cards have grown again. It seems that any more or less large company now strives to launch its own credit or at least debit card. Just remember the Apple Card. This time it’s Verizon’s turn. Starting today, June 26, its new Verizon Visa Card is officially released and available for […]
As a new online Bankrate survey of almost 2,5 thousand respondents shows, 84% of Americans face financial product denials. The bigger part of millennials (22-36 years old), namely 58%, was rejected for a credit card or another credit product at least once. The reason is their bad credit score.
People are seriously worried about the security of their bank accounts due to the suspicious e-mails they received this Monday. The notifications’ sender was marked as Synchrony Bank. Some of the e-mails contained information about a newly opened Amazon Credit Builder account. Others informed the customers that some transactions are proceeding between Synchrony Bank and Credit Builder accounts, and that a trial deposit had been made.