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finder.com’s rating: 3.7 / 5.0
★★★★★
GO2bank is a two-in-one spend and save account that comes with cashback rewards and earns 4.5% APY on up to $5,000 kept in your savings account. But you’ll need to set up direct deposits to avoid the $5 monthly fee and the overdraft protection, which protects you up to $200, isn’t all it’s cracked up to be.$5 per month
Fee
Up to 4.50%
APY
$20
Minimum deposit to open
APY | 4.50% on balances of to $5,000 4.50% Annual Percentage Yield (APY) paid quarterly on savings up to $5,000.. |
---|---|
Fee | $5 per month |
To waive the fee | No monthly fees with eligible direct deposit, otherwise $5 per month |
Minimum deposit to open | $20 |
ATMs | Over 55,000 in-network ATMs nationwide within the Allpoint ATM network |
ATM transaction fee | $0 |
Out-of-network ATM fee | $3 |
Foreign transaction fee | 3% |
Overdraft fee | $15 |
Disclaimer | is a Finder advertising partner. |
Learn more | Apply now |
Review by
Cassidy Horton is a writer for Finder, specializing in banking and kids’ debit cards. She’s been featured on Legal Zoom, MSN, and Consolidated Credit and has a Bachelor of Science in Public Relations and a Master of Business Administration from Georgia Southern University. When not writing, you can find her exploring the Pacific Northwest and watching endless reruns of The Office.
The GO2bank card is light on fees, but there are a few you’ll want to watch out for. For instance, there’s a $5 monthly fee for individuals who don’t set up direct deposit. You’ll also pay a $15 fee if you opt in for its overdraft protection, overdraw on your account and don’t replace the funds within 24 hours.
Fees & limits | Amount |
---|---|
Monthly fee |
|
Cash deposit | Up to $4.95 by the retailer |
Overdraft fee |
|
Out-of-network ATM withdrawal | $3 |
Teller cash withdrawal | $3 |
Foreign transaction fee | 3% per transaction |
Expedited delivery for replacement debit card | $24.95 |
Maximum account balance | $50,000 |
Maximum daily cash deposits | $3,000 |
Daily ATM withdrawal limit | $500 |
Monthly ATM withdrawal limit | $3,000 |
Daily purchase limit | $10,000 |
You can open a GO2bank account through the website or mobile app. Follow these steps to apply online.
You can open a GO2bank account when you meet the following requirements.
If you don’t want to worry about monthly fee requirements, compare free checking accounts.
Use your GO2bank debit card to withdraw cash for free at any Allpoint ATM nationwide. If you use an ATM outside of this network, you’ll pay a $3 fee.
Use this table to compare GO2bank to other popular accounts. Sort the table by minimum deposit to open, ATMs and more to find the account that’s right for you.
There are several ways to access money in your GO2bank account.
How does GO2bank‘s cash back work?
Unlike most rewards debit cards, you’ll only earn cashback when you buy e-gift cards from select retailers from Go2Bank’s app or the merchant’s website. To use GO2bank‘s cash back, follow these steps.
How does the GO2bank savings vault work?
You can create up to five savings vaults in your GO2bank account and use them to save for anything from emergencies to your next vacation. You’ll earn 4.5% interest on up to $5,000 in combined vault balances, paid quarterly.
★★★★★ — Excellent
★★★★★ — Good
★★★★★ — Average
★★★★★ — Subpar
★★★★★ — Poor
We analyze top checking accounts and rate them one to five stars based on factors that are most important to you. These factors include: monthly fees, the ease at which monthly fees can be waived, the breadth of ATM access, ATM and overdraft fees, and customer service.