You asked: Is a Green Dot card safe?

The Green Dot card is an FDIC-insured, reoladable prepaid debit card that can be used to make payments and purchases and withdraw cash.

Can you get scammed on Green Dot?

Green Dot MoneyPak scams have been around for years. Fraudsters pretend to be utility companies, government agencies, or others and ask for payment in the form of a MoneyPak.

Is Green Dot a good card to have?

With a low activation fee, free direct deposit, and a flat rate monthly service fee structure, the Green Dot Prepaid Visa® card makes it to the top of the list for best prepaid cards out there.

Is Green Dot a legit company?

Green Dot MoneyPak cards themselves are legitimate products when used for the right purposes. Once purchased at a participating retailer with cash, consumers can use MoneyPaks to reload other prepaid cards, add money to a PayPal account without using a bank account, or make same-day payments to major companies.

Why did I receive a Green Dot debit card?

A Green Dot Card is a re-loadable debit card. Police warn these unsolicited cards are “very real.” According to police, someone had to supply your name, address and Social Security Number in order to obtain this “permanent” card, and thereby committed an identity theft.

IT IS SURPRISING:  Why does Brazil get so few tourists?

Can you get scammed with a prepaid card?

Prepaid cards are also a common method of payment used in financial scams. While reloadable cards do require the user to provide some personal information, prepaid cards often aren’t easily tied to specific identities. That makes it easy for fraudsters to use them for money laundering.

How do I take money off my Green Dot card?

The ATM will dispense your cash and ask if you want a receipt for your records. After you’ve finished the ATM transactions with your Green Dot card, choose the ATM’s option to end the session and then grab your card once the ATM releases it.

How much money can you deposit on a Green Dot card?

The most you can deposit to your account in cash is $2,999 in the aggregate in any day. You also may not deposit cash to your account at any time your account balance exceeds $2,999.

How much do Green Dot cards cost?

The fees for the Green Dot Prepaid Visa® Card include a $7.95 monthly fee, a $3.00 ATM withdrawal fee, and a $5.95* cash reload fee. However, the monthly fee will be waived if you load $1,000 or more in the previous monthly period. View additional details below.

What does a negative balance mean on a Green Dot card?

If you have no money on your Card or a balance less than the amount of the Monthly Charge, your Card balance will be taken negative when we assess the Monthly Charge. … While you have a negative balance on your Card, your Card is still open and available for use after you reload it.

IT IS SURPRISING:  Can a relationship work without attraction?