Green Dot is a financial institution with headquarters in Austin, Texas, USA. The company is the biggest prepaid debit card issuer globally, whereby it issues Green Dot prepaid debit cards. Apart from debit cards, the institution offers banking services to its customers. You can open a savings account and start saving for your plans. Its savings account is one of the most yielding accounts in the US. We will see how to transfer money from Green Dot to Chime later on.
The bank also offers a spending account, or rather a checking account, that allows you to access your money daily. The checking account has a debit card that you can use for your various kinds of transactions. Furthermore, you can get unlimited cash-back rewards while using your spending account. Cash-back rewards are small refunds you get when using your debit or credit card to purchase goods and services from select merchants.
Green Dot Bank is part of the larger Green Dot Corporation. It is an online bank which means that you can open an account online using your computer or smartphone. Moreover, you can carry out various transactions online without spending much time lining up on other banks that run brick-and-mortar operations. Nowadays, online banks are the talk of the day since you can always manage your account on your palm.
How to join Green Dot
Getting started with Green Dot is so easy as you only need to visit its website with your smartphone or even computer. To get started, you have to register a debit card online or at a retailer. When you apply for your card, it will be sent to the address that you provide when registering.
When you get your card, you will need to activate it to start using its services. During activation, you will need an internet connection for your device. Moreover, you will need a mobile number and identity verification, including your Social Security Number, to open an account and access all features.
Online card activation also requires you to provide your card number, the card’s security code, and the card’s expiry date. During the activation process, you will also set up your PIN to secure your card account. Alternatively, you can get the card from any of the thousands of retailers such as;
- Rite Aid
- Kroger and many more.
You can locate a retailer near you here. Remember that you must be 18 years to register as a primary account holder of a Green Dot card. If not so, you can get a guardian to stand with you. Once you purchase the card, you can register it online.
During the card registration, you will need to provide your identification details such as your identity document, SSN and;
- Date of birth
- 16-digit card number
- Expiration date
- 3-digit security code (at the back of your card)
- Mobile phone number
Once your card is active, you can do many kinds of transactions with it. For example, you will be able to transfer money from a Green Dot card to a bank account, buy goods online, and send money to others, among other things.
How do I add money to my Green Dot account?
Adding money to your account is the most important thing for your card. You cannot use the card the way it is without money in the account. There are various ways you can add money to your account. They include the following.
i) Reload at various locations
As I mentioned earlier, various retailers work with Green Dot so that you can load your account without issues. You only need to go with your card and cash, and you will get help from the cashiers.
ii) Receive money from others
You can quickly receive money from other Green Dot card holders when you give them your details, such as your mobile phone number and email address.
iii) Direct deposit
Another excellent way to deposit money into your account is via direct deposit. You can receive your payment two days earlier, thus helping you sort out your issues as early as possible. When receiving government benefits, they can arrive four days earlier than the actual day. You can set up direct deposit in the following manner.
- Start by getting your routing and account number by logging in your account online or even through text.
- Use this information when required for your routing and account number. The Green Dot’s bank routing number is 124303120.
- If you are receiving a tax refund, ensure you mark the box labeled “checking” to give the type of account.
- After that, you will have completed setting up direct deposit. You will only need to wait for your money.
iv) Mobile Check deposit
Green Dot allows you to deposit checks in your account. All you need to do is download the Green Dot application from either Google Play Store or even App Store, depending on the phone you are using. You can deposit checks by signing at the back of the check, taking photos, and uploading for verification.
How to transfer money from Green Dot to Chime
Chime is an online financial company that allows you to manage your account with your smartphone or computer. It is part of the Green Dot Corporation as well. Like Green Dot, Chime has a debit card for its spending account. You require money in your account, and using Green Dot to top up your account is a good option.
Transferring money from Green Dot is one of the ways on how to get money off temporary Green Dot card. Temporary Green Dot debit cards do not have access to ATMs to withdraw money.
You can send money from Green Dot to Chime by adding your Green Dot account as an external funding bank for your Chime account. You have to start by linking your Green Dot account to Chime in the following manner.
- Log in to your Chime online account at chime App.
- Hit on Move Money
- Select Transfers.
- After you are prompted, enter your login credentials for your Green Dot account.
- By doing so, you will instantly link your Green Dot account to your Chime Spending Account.
After that, you can log into your Chime account and add money from Green Dot to your Chime account. You can transfer a maximum of $10,000 per day and a maximum of $25,000 per month. The funds should appear in your Chime account within five business days.
Green Dot also allows you to carry out a direct deposit. You can therefore log into your Green Dot account and initiate an ACH transfer. You will need the Chime routing and account numbers to carry out the transfer process.
Once you have all the details, log into your Green Dot account and select BANK TRANSFER to get started. You will walk step by step as per the prompts. The service is free of charge.
Can I transfer money from Green Dot to PayPal?
Green Dot allows you to transfer money from your Green Dot card to your Paypal account when you set up the PayPal CASH. To transfer money from Green Dot to PayPal, you must download the PayPal app, create a barcode, and scan at the register.
The following is the procedure to transfer funds from Green Dot to PayPal.
- Download the PayPal app
- Log in to your account and pick a retailer. After that, you will get a custom barcode to print out or even show on your smartphone.
- Go with cash and barcode to the register at any participating retailer.
- They will add money to your PayPal Account.
How do I send money to other Green Dot users?
You can easily move money from your account to other Green Dot users. You only need to log into your app online and get started. You will need the recipient’s mobile phone number or email address. They will then start using the funds as soon as they get them.
Furthermore, the transfer is instant, and the recipient can get the money as soon as you send them. The following is the procedure to send money to others
- Log in and move to Pay Bills and People.
- Choose Pay People, and then Send Money.
- Enter your recipient’s name, email address, plus phone number. After that, write a memo and the amount to send.
- Tap Continue and review the information, then select Send money to complete your transaction.
Can I save with Green Dot?
Green Dot allows you to open a savings account that you can use to save your money. The account is high-yielding and earns you up to 3% Annual Percentage Yield (APY) on the account balances of up to $10,000. The account has no maximum balance limit.
Can I get a credit card from Green Dot?
Yes. You can get a credit card from Green Dot. The institution offers a secured credit card that can help you to build your credit scores.
Green Dot is a financial institution that operates from Austin, Texas, USA. It is the largest prepaid debit card issuer globally, although its operations are mainly in the USA. You can get your Green Dot card either online or at a physical location.
You can load your Green Dot card at a retailer by receiving money from others or by direct deposit. You can also open a Green Dot spending or savings account. Green Dot also issues a secured credit card.