• Features: ★★★★☆ 4/5
  • User Interface: ★★★★★ 5/5
  • Mobile Bill Pay: ★★★★★ 5/5
  • Ease of Signup: ★★★★★ 5/5
  • Fees: ★★★★☆ 4/5
  • Customer Satisfaction: ★★★☆☆ 3/5

2022's GO2bank Review [How Good Is It?]

  • Features: ★★★★☆ 4/5
  • User Interface: ★★★★★ 5/5
  • Mobile Bill Pay: ★★★★★ 5/5
  • Ease of Signup: ★★★★★ 5/5
  • Fees: ★★★★☆ 4/5
  • Customer Satisfaction: ★★★☆☆ 3/5

Best For

Clients who want a digital banking account and need to rebuild their credit score


  • Direct deposits can arrive 2 to 4 days early
  • Credit cardholders can pay their bills through the GO2bank app
  • High interest rate


  • A $5 monthly fee applies for not meeting direct deposit requirements
  • Overdraft protection fee for not restoring account balance within 24 hours

Looking for a new online bank to stash your money? This innovative digital bank offers some of the best interest rates in the industry, as well as a host of other features that make it stand out from the competition.

In this GO2bank review, we’ll take a closer look at the bank itseld and its mobile bank account and discuss:

  • what it offers
  • who can use its services
  • how they compare with the services offered by its competitors

Let’s begin!

What Is GO2bank and How Does It Work?

Go2Bank is an online-only bank, which means that it has no brick-and-mortar locations.
Customers can access their accounts via the Go2Bank website or mobile app. GO2bank is available on all Android and Apple devices and unlike other providers, this online bank even offers a secured credit card that you can use to improve your credit score.

This bank has no monthly fees and does not require a minimum balance. It also has a nationwide ATM network that is fee-free and includes cashback options.

It can seem too good to be true, leaving you wondering is GO2 bank legit? GO2bank is in fact a neobank by Green Dot which is a company with its own federal license for providing financial deposit insurance.

You can purchase a GO2 debit card from any major retailer in the US such as Walmart or 7-Eleven and activate the card by downloading the app. Another way to use the bank’s services is by setting up an account and then waiting for your card to come via mail.

By setting up a GO2 online account users can:

  • Receive direct deposits
  • Cash checks remotely
  • Opt for overdraft protection
  • Make fee-free ATM withdrawals
  • Apply for a secured card to build credit
  • Transfer money from another linked bank account
  • Get access to Experian Credit Card Care Advantage

Overall, if we take into consideration what is GO2bank mainly used for, we can firmly say that it makes a great option for those looking for a digital mobile banking account where they can receive direct deposits and handle cash easily.

Main Features

The GO2bank is designed to tend to the needs of individuals who have no checking or savings account. To avoid paying high fees on cash checking, people who are not eligible for opening a traditional banking account can use the services that this online bank offers.

Overdraft Protection

GO2Bank offers its customers an overdraft protection that is automatically adjusted based on the direct deposit. Account owners have 24 hours from their first overdraft transaction to cover their overdraft, after which a $15 fee applies. As GO2bank card reviews show, the bank offers draft protection on three different levels.

Premium $200

The highest is the $200 overdraft protection for which an account owner must receive multiple direct deposits within the span of 35 days which total to over $400.

Premium $100

If users receive at least 2 deposits that total to over $200 within a 35-day period, they can receive $100 Premium overdraft protection.

Basic $10

The basic overdraft protection activates when you receive a single direct deposit of any amount.

Secured Credit Card

Alongside its debit card, the GO2bank also offers a secured credit card. As reviews on various consumer websites about GO2bank show, this is a great option for those looking to rebuild credit. According to GO2bank’s official site, there is only a single condition for applying for a Secured Credit Card; the user must receive a deposit no lower than $100 within the previous 30 days.

To activate the secured credit card, a user needs to transfer a minimum of $100 after which you can set credit limits and start repairing or building credit. There is no annual fee for the card and GO2bank provides regular reports of users’ payment history to all three major credit bureaus in the US.

Early Paycheck Access

Being a Plaid supported bank, GO2bank is able to provide its users with this amazing feature.
As GO2bank reviews show, the early paycheck access option allows you to access your paycheck up to 2 or even 4 days in advance. This is a great way to get your hands on your money sooner so that you can start spending it or paying bills.

Cash Back And Interest Earnings

Using the GO2 app, account owners may purchase eGift Cards from 100 different merchants and earn up to 7% cashback, whereas by purchasing Amazon Gift Cards they may earn 3% cashback.

GO2bank also offers its customers interest earnings. This means that if you save up to $5,000, you can earn 1% in interest.

GO2bank Mobile App

The GO2bank customer reviews in app stores show that users find this app very convenient and easy to use. It has an over 4-star rating; it also includes some practical options such as locking the debit card if stolen.

Mobile Bill Pay

The Bill Pay feature is one of the best features of the GO2bank mobile app. It gives users the option of paying their bills directly from their phones and is a great way to keep up with the deadlines and avoid late fees. Cardholders can also send a check to make a payment.

ATM Access

Go2Bank customers can gain quick ATM access through the GO2bank app. By navigating to the ATM & cash deposit locations in their app, cardholders can get a map overview of the nearby ATMs.

As GO2bank reviews show, users do not pay a fee when they make an ATM withdrawal from one of the Go2Bank network ATMs. However, there is a $3 fee for out-of-network withdrawals; additional charges dictated by the bank or ATM owner may also apply. There is also a $500 daily withdrawal limit on debit cards that GO2bank imposes to help their users avoid overspending.


There is a $5 monthly fee that cardholders pay if they do not receive government benefits or payments in the form of direct deposits. Other fees that GO2bank credit card reviews mention include:

  • Replacement or faster debit or secured card delivery – $24.95
  • Overdraft protection fee – $15 (can be avoided)
  • Out-of-network ATM withdrawal – $3 per transaction
  • Out-of-network ATM balance inquiry – $0.5 per inquiry
  • Transfer from a linked debit card – 1.50%
  • Teller cash withdrawal – $3 per transaction
  • Foreign transaction fee – 3% of total transaction amount


Feature Rating
Overdraft Protection ★★★★☆ 4/5
Secured Credit Card ★★★★★ 5/5
Early Paycheck Access ★★★★★ 5/5
Cash Back And Interest Earnings ★★★★☆ 4/5
Mobile Bill Pay ★★★★★ 5/5
ATM Access ★★★★★ 5/5
Fees ★★★★☆ 4/5
GO2bank Mobile App ★★★★★ 5/5


As our research and users’ reviews on GO2bank show, in order to be eligible for a Go2Bank account, you must be 18 years or older and a US citizen. You will also need to provide some personal information, such as your Social Security number, email address, and phone number. Once you’ve provided this information, you will be able to open an account and start using it right away.

Since this online bank does not use ChexSystems to evaluate your banking history, even those with no credit or bad credit may open an account.

Ease of Signup

According to the Go2Bank official website and GO2bank credit card reviews, signing up for a Go2Bank account is easy and only takes a few minutes. All you need to do is download the GO2bank app and provide some basic personal information such as your name, address, and Social Security number. Sometimes additional documentation like a driver’s license might be required. The whole process is quick and easy, so you will not have to waste a lot of time.

Client Reviews

Many clients are satisfied with Go2Bank’s services and the mobile app has a 4.5-star rating on Google Play. That said, Trustpilot GO2bank customer reviews show that cardholders have much to complain of. There are various types of complaints coming from users, ranging from fraudulent use of debit cards to complaints of the bank randomly closing accounts due to unauthorized reasons.

Customer Support

You can contact customer support via phone or live chat. Phone support (855-459-1334) is available 7 days a week from 5 a.m. to 9 p.m. (PST). Live chat support can be reached during the same hours through their website or the mobile app.


Let’s see how the GO2bank services and features compare to the competitors’ digital banking services:

Alternatives  GO2bank  N26 Varo Bank  Chime 
Win Doesn’t use ChexSystems, so even those with bad credit or no credit history can open an account Cardholders receive notifications upon every transaction  No monthly service fee Offers a separate interest-bearing account
Lose  A lot of negative GO2bank card reviews on Trustpilot You need a passport to verify your account  The highest saving APY is available only to certain customers  Low interest rates 
Best for  Unbanked individuals looking to build or restore credit  Those who travel around a lot  Individuals looking for a quality primary savings account Individuals who need help in putting aside savings

Go2Bank offers users a high interest rate, great cashback opportunities, and seamless bill-paying; however, if these features do not fit your needs you can take a look at other digital banks available on the market and check out our Varo review, and Chime digital bank review.

GO2bank Review: Conclusion

Go2Bank is a great digital bank that offers its customers solid interest rates and cashback options. What makes this online bank an attractive option for many is the simple fact that both GO2bank secured credit card and debit card require no review of previous banking history. The process of signing up for an account is quick and easy, so you will not have to waste any time. The mobile app is also very user-friendly and makes paying your bills a breeze.


What is the limit on GO2bank credit card?

According to the official site, the starting credit card limit is $100 meaning that users should receive at least $100 upon opening their account. Another limit is the $500 daily withdrawal limit on debit cards that the GO2bank imposes to help users manage their spending habits.

Does GO2bank have a monthly fee?

There is a $5 monthly fee that the bank imposes if credit cardholders do not receive any government benefits or payroll deposits within a 30-day period. Users can avoid this fee by ensuring regular direct deposits.

What kind of card is GO2bank?

In this Go2bank review, we’ve mentioned the two types of cards that the bank provides. Initially, users apply to receive a Visa debit card. After opening an account and obtaining the debit card, users can also apply for a secured credit card


I learned a lot about finance after working for a digital marketing company specializing in investing and trading stocks, forex, etc. After that, I got exposed to other verticals such as wealth management and personal finance, which further improved my understanding of the financial world.