Description: This article is mainly about greendot com activate. In this passage, the writer introduces the advantages and disadvantages of the greendot card and reads some reviews of it to us, however good or bad it is.
I’m Tristan Penn, I’ll be reviewing the green dot. Green dot is a paid debit card. It allows you to shop online and pay your bills online for the people who don’t have a checking account. I’ve separated the review and the benefits and the cons of the Green Dot Company, and the benefits and downsides of the green dot app.
So we’ll start with the card. Some benefits are that there are no overdraft fees, there are no minimum balance requirements. If you go to the ATM and the banking system, there are no charges for using homes. Some downsides to the card are that they are six dollars a month. To reload cash onto the card, it’s five dollars.
If you make a transaction outside of the United States, it’s a 3% fee off that transaction. In the ATM out of the banking system, you’re going to be charged 250 for a transaction. If you check your balance, they’re going to charge you 50 cents.
There are ways to avoid that six dollars monthly fee. If you upload a thousand dollars onto that card, they will waiver your monthly fee. But you’re only saving $1, because it costs five dollars to catch onto the card. If you make thirty transactions in one month, that will also give you a waiver, and you will not have to pay for that six-dollar fee.
Now the app has benefits and downsides as well. Some benefits are that if you have a swiping mechanism on your iPad or iPhone, you can swipe your card and see a transaction for free, you can find ATM in your area that is in their banking system. You can view your transaction history which is helpful.
Because you would like to see that you are on track of getting 30 transactions that month to get the $6 waiver. Some of the downsides of the app are that they don’t have any money management tools. There are not going to be in the transferring of money in the different accounts. You’re not going to be able to make check deposits, such as a lot of mobile banking apps, they will let you do that.
So the app doesn’t help you out. As far as where money management goes, It’s there to help you find ATM and check your balance for free. One thing I like to do when I’m looking for a good app is to review online with the people on Google or the app store. So I’m going to read you a 5-star review and a 1-star review that I found online.
We’ll start with the five-star review. This new app rocks, I had trouble years ago with that, but I have to say I need a checking account, the internet has upended banking as well, since I converted to green dot back in 2011.
I have never looked back for years as a working borderline poor person. Seriously I had no choice but to use a stupid checking account, this card and company have totally removed me joyfully.
So from the old borderline theft, from traditional banks I work and get a biweekly check. I can pay for everything now without a checking account. Thanks. So this user seemed to be very content with the purchase of the app and card. He had a bad experience. So let’s move on to the one-star review.
That’s a little more humorous, he said that don’t use green dot, please read I’ve used green dot for over five years, I’m on my third card and others I used until they expired. I’m disabled and this app is useless. When I called, they said my social security number was wrong. I know my number, but since I cannot get a live person to fix this.
I screw out of the balance of my card. I only wanted to change my pin. This app will not work. It used to be a great card. I don’t know what happened. If they fix this, I’ll give five stars. Greendot has my phone number on file, but I doubt whether they will call me or not.
So this person sounds that he has a bad experience with the app. I believe the average of writing on both iTunes and the Play Store is about 3.8 stars which isn’t terrible. But all in all, green dot is for people without checking accounts.
If you already have a checking account, there’s no reason for you to have a green card. If you don’t have that, green dot probably shouldn’t have the app. I hope this helps. I wouldn’t invest in a green dot card.