GO2bank is designed to further help the two in three Americans living on paychecks stretch their money and build a stronger financial foundation. It makes accessing and managing money safe, easy and useful in everyday life with tools that address common financial challenges and opportunities, improving long-term financial health through an all-in-one mobile app easy to use.
“Too many Americans struggle to access their money, pay too much for financial products, and are negatively impacted by a lack of solutions designed to meet their needs. GO2bank is designed to be the destination of choice for transparent, affordable and useful banking services – combining the security, stability and experience of an FDIC-insured bank with the innovation and agility of a CEO. leader in the fine-tech arena, ”said Dan Henry, CEO of Green Dot Corp.
According to the FDIC study, approx. 7.1 million U.S. households (5.4%) were unbanked in 2019, and nearly 12% used expensive methods such as check tellers, bill payment services, and money orders to access the ‘cash. GO2bank is designed to help customers reduce these costs and build confidence and control in the way they manage their money. With GO2bank, customers gain access to industry-leading value and features, including:
- Overdraft protection up to $ 200 to help users keep up with payday.
- Get paid early: Access payment up to 2 days in advance or government benefits up to 4 days in advance.
- Great Value Rewards: Up to 7% in-app cash back rewards at a wide variety of popular retailers.
- High interest savings at a savings rate ten times the national average.
- Access to Credit: GO2bank’s secure credit card is available without a credit check or annual fee, allowing customers to establish and build credit regardless of their credit history.
- Easy access to over 90,000 retail outlets nationwide to deposit money quickly and easily.
- Security & Peace of Mind: GO2bank is an FDIC insured bank and its mobile app offers one-click lock / unlock, SMS alerts, and more.
“The year 2020 has illuminated and accelerated the demand for better digital banking and payment options. With GO2bank, Americans now have access to safe, transparent and affordable banking services as well as tools to build a stronger financial foundation, all on a simple and intuitive platform that will grow and evolve with our customers over time. time, ”added Henry.
Established since 1999, the Green Dot Corporation is an American FinTech and banking holding company based in California. The company offers businesses an all-in-one platform that seamlessly integrates banking into their brand.