The Post New
Reviews Credit Cards US Loans Finances
pesquisar
Search →
Reviews →
Credit Cards →
US →
Loans →
Finances →

Advertiser Disclosure

We are an independent, objective, advertising-supported content publisher website. In order to support our ability to provide free content to our users, the recommendations that appear on our site might be from companies from which we receive affiliate compensation. Such compensation may impact how, where and in which order offers appear on our site. Other factors such as our own proprietary algorithms and first party data may also affect how and where products/offers are placed. We do not include all currently available financial or credit offers in the market in our website.

Account (US)

GO2bank review: is it trustworthy?

GO2bank offers an excellent way for you to save money and build credit. This post will tell you how it works.

Advertisement

by Danilo Pereira

Published on 08/26/2022

This bank offers convenient savings accounts and credit-building cards

GO2BANK
Read this review and learn everything about GO2bank. Source: The Post New.

This review will show you that GO2bank is a financial technology company that works 100% online and offers both checking and savings accounts, as well as a secured credit card that helps you build credit.

GO2BANK

How to open your account with GO2bank?

Check this post if you'd like to start banking with GO2 bank. It will show you how to open your account.

Keep Reading
card

How to open your account with GO2bank?

You will remain in the same website

The bank does not require any credit check in order for you to get their credit card, and you can get a Visa debit card at retailers such as Walmart. Also, applying for an account is easy and totally online.

If you’re interested in what this bank has to offer, keep reading this GO2bank review.

  • Financial products offered: Checking account, Savings Account, Debit Card, Credit card
  • Fee: $5 a month, waived if you receive direct deposits from an employer or government benefit
  • Minimum balance: No minimum balance is required

You will be redirected to another website

What are you looking for today?

Search →

Top Searches

How is banking with GO2bank?

GO2bank offers a digital bank account which makes it easy to handle cash. Also, if you don’t intend to save over $5,000, it yields 1% a year on that money. 

You will be redirected to another website

By submitting this form, I agree that I am 18+ years old and I agree to the Privacy Policy and Terms and Conditions. I also provide my signature giving express consent to receive marketing communications via automated emails, SMS or MMS text messages and other forms of communication regarding financial products such as credit card and loans. Message frequency varies and represents our good faith effort to reach you regarding your inquiry. Message and data rates may apply. Text HELP for help or text STOP to cancel. I understand that my consent to receive communications is not a condition of purchase and I may revoke my consent at any time.

Significant benefits and disadvantages you may find

There are a number of reasons why you should or should not open an account with GO2bank, and we’ll show you them in this review. It all depends on what you are looking for.

To help you to get a clear picture of what this bank is about, we have put together a list of benefits and disadvantages for you. Have a look.

Advertisement

deal

deal

deal

deal

deal

deal

You will be redirected to another website

Benefits

  • Create up to 5 savings vaults for different savings goals
  • Get 1% interest on your savings
  • 19,000 ATMs nationwide free of fees
  • 100% online

Disadvantages

  • Only the first $5,000 in savings get the 1% yield
  • Transfers to external accounts are not allowed
  • $5 monthly fee if you do not receive direct deposits
  • Waiting for 10 days to receive check deposits for free

Why should you choose GO2bank?

GO2BANK
GO2bank has many benefits, but does it have any drawbacks? Source: The Post New.

GO2bank can be an excellent pick for those just starting out on their financial journey.

Their savings account does not yield interest for deposits over $5,000. This means the 1% yield they offer will earn you only $50 a year. 

However, you have access to 5 different vaults, which are essentially separate savings accounts. You can use each one of them to save money for a different purpose.

Also, make no mistake: 1% may not seem like a lot, but it is a good yield compared to what you usually find on the market.

It is just that, at this point in your life, you do not have a lot of money, so you will not make a lot of money unless you incur some significant risk.

How to start banking with GO2bank: application process review

As we have previously mentioned in this review, GO2bank works 100% online, so opening a bank account with them is done through their website.

If you would like a complete walkthrough of the application process, we have prepared one for you. Just hit the link below.

GO2BANK

How to open your account with GO2bank?

Check this post if you'd like to start banking with GO2 bank. It will show you how to open your account.

Keep Reading
card

How to open your account with GO2bank?

You will remain in the same website

About the author  /  Danilo Pereira

Danilo is a copywriter with a passion for learning. Deeply interested in philosophy, politics and arts.

Trending Topics

content

Citi® Diamond Preferred® application process: do it online!

Learn about the Citi® Diamond Preferred® application process and start reducing your debt today with their 21-month-long APR period.

Keep Reading
content

CashUSA loans review

Don't waste your time looking for a loan when you can read this CashUSA loans review and learn how to easily get a personal loan.

Keep Reading
content

Citrus Loans review: get a loan easily

In this Citrus Loans review you will see how this loan aggregator helps you find a lender that perfectly matches your borrower profile.

Keep Reading

You may also like

content

BadCreditLoans review: get a loan easily

In this BadCreditLoans review you will learn how this loan aggregator allows you to get multiple loan offers within minutes.

Keep Reading
content

Spark 1% Classic Credit Card review: perfect for small businesses

Check our review to learn about the Capital One Spark 1% Classic Credit Card and how your business can benefit greatly from it!

Keep Reading
content

How to get your African Bank Gold Credit Card: Low monthly fee and credit life protection

In this African Bank Gold Credit Card application guide, we will show you how to get this card fast so you can start enjoying its benefits.

Keep Reading
card

You will be redirected to another website

We won't ask you to pay in order for us to release any products, including credit cards or loans. If this happens, please contact us immediately! Keep in mind that any info you see here may diverge slightly from the service provider's websites. Especially regarding providers with which we have no affiliation whatsoever: we can't guarantee the precision of information available on our site, even though we strive to keep it updated as much as possible! We believe that reading terms and conditions is a necessary step before making any purchase. Our website displays ads from third parties, which may earn us some money when you click on one of these banner advertisements or links in the email we send out after subscribing to our newsletter.