Available nationwide, Green Dot Unlimited Cash Back Bank Account is offering a generous 2.00% APY Rate + 2% Cash Back. Keep reading to learn everything you need to know about Green Dot Bank.
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About Green Dot
Green Dot provides millions of people reliable, affordable debit accounts that make everyday banking hassle-free. Additionally, they offer businesses an all-in-one platform that seamlessly builds banking into their brand.
They reward consumers and businesses with competitive features that make banking more convenient and a better value, all without ever becoming a bank.
I’ll review Green Dot Savings below.
Green Dot Unlimited Cash Back Account Summary
With the Unlimited Cash Back Bank Account by Green Dot, you can earn 2% APY on your savings up to $10,000 (may change anytime) PLUS 2% cash back on online and mobile purchases (at Amazon, Uber, Walmart.com and more).
Visit GreenDot.com for terms and conditions.
Green Dot Unlimited Cash Back Bank Account
Every time you make an online or in-app purchase using your Unlimited Cash Back Bank Account Visa Debit Card, Green Dot Bank will pay you a 2% cashback bonus on the amount you spent.
- Account Type: Unlimited Cash Back Bank Account
- Interest Rate: 2.00% APY (Savings Account)
- Minimum Balance: Must be positive
- Maximum Balance: $10,000 for the Savings Account
- Availability: Nationwide
- Credit Inquiry: Unknown
- Opening Deposit: None listed
- Credit Card Funding: Unknown. Let us know.
- Monthly Fee: Monthly Fee will be waived if you spend $1,000 or more using your Card in the previous monthly period (for the Cash Back Account)
- Early Termination Fee: None listed
American Express® High Yield Savings Account - You earn 0.40% interest rate along with no minimum deposits or monthly fees. Amex High Yield Savings account has been my favorite Hub account for the past 7 years. Using this account to Pull/Push your money is absolutely necessary when you have many accounts. Here's why:
*No dollar limitations for ACH transfers - When you find a top bank rate account, you don't want to be limited to just $5K or $10K transfers. Amex Savings will let you transfers as much as you want whether you are pulling or pushing money from and to an external bank account.
*1 to 2 business days ACH transfers speed - With top-notch user interface, you get your money to another external account or pull money from another bank account within a day or two.
*No loss of interest during transfers - On the day you initiate your transaction on the high yield savings account website, the funds will be reflected in your Current Balance and begin earning interest.
Some other features from American Express High Yield Savings Account include Free Wire Transfers, 3 maximum linked accounts, and maximum 6 ACH withdrawals per month.
Savings account offers are frequently updated. Find the best nationwide Savings/Money Market rates here, and the best Savings account bonuses here. The Axos Bank and CIT Bank accounts offer great rates available nationwide which I recommend.
|Discover Bank Online Savings||$200 Bonus + 0.40% APY||Review|
|Aspiration||1.00% APY + $150 Cash||Review|
|Axos Bank High Yield Savings||Up to 0.61% APY||Review|
|Quontic Bank High Yield Savings||0.55% APY||Review|
|CIT Bank Money Market||0.45% APY||Review|
|American Express High Yield Savings||0.40% APY||Review|
Green Dot ACH Capabilities & Limits
|ACH Type||Speed||Daily $ Limit||Monthly $ Limit||Notes|
Editor’s Note: Help us with the table above in the comment section if you have experience with Green Dot’s ACH capabilities.
How to Earn Green Dot Rate
- Register your Unlimited Cash Back Bank Account and you’ll be eligible to receive unlimited 2% cash back when you spend online and through apps
- Whenever you make a purchase online or through an app using your Unlimited Cash Back Bank Account, Green Dot will pay you a 2% Cash Back Bonus on what you buy online and with apps based on the amount of your purchase.
Why You Should Sign Up For This Account
- Get your pay up to 2 days before payday with ASAP Direct Deposit™
- Shop everywhere Visa® Debit is accepted in the U.S.
- No overdraft fees, ever.
I recommend checking out Green Dot and opening an Unlimited Cash Back Savings Account by Green Dot while you can to earn a generous rate when you sign up!
Let us know about your experience with this bank and comment below.
For more bank offers, see the complete list of Best Bank Rates!
Check back often to see the latest info on Green Dot Unlimited Cash Back Savings Account.
Other Cash Back Options
The Chase Freedom Unlimited Card offers a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening. Earn unlimited 1.5% cash back on all purchases.
In addition, you can earn:
• Earn 5% cash back on grocery store purchases (not including Target or Walmart purchases) on up to $12,000 spent in the first year.
• Earn unlimited 1.5% cash back on all other purchases.
• Earn 5% on Chase travel purchased through Ultimate Rewards, 3% on dining and drugstores, and 1.5% on all other purchases.
There is no minimum to redeem for cash back & your cash back rewards do not expire as long as your account is open.
This card comes with no annual fee and you'll get a free credit score that is updated weekly with Credit JourneySM.