As surprising as it may sound, online money transfer is quite a new trend so that explains why customers have been constantly searching about how to transfer money from Greendot to Paypal, from Netspend to cash app, and much more.
If you want a good 5-minute read and wish to know all about moving funds from your Greendot account to PayPal and vice versa, you have come to the right spot!
Everything You Need To Know About Greendot
Greendot cards and services were initiated back in 1999 by Steve Streit. His main goal was to provide easy means for teenagers to complete shopping online.
Currently, Greendot prepaid debit card company is one of the most commonly used payment mode by Apply Pay, Uber, Intuit, and money others.
The company now provides a range of prepaid MasterCard and debit cards. You can also use it to transfer funds between accounts without any additional charges. You only need recipients routing number when you wish to transfer funds from one account to another.
It also exchanges funds between federal government and direct deposit to personal bank accounts. Furthermore, Greendot has launched co-branded card programs for different companies including Walmart, AT&T, Citibank, and Boost Mobile.
As we speak, millions of users are moving their money from Greendot to Paypal and vice versa so if you wish to know how to transfer funds from Greendot to Paypal, we will break it does in easier words for you!
How To Transfer Money From Greendot To Paypal
Do you wish to transfer funds from Greendot to Paypal? No problem! All you need is to activate the money feature in your account and you are good to go.
Money feature becomes available when a user has a personalized Greendot card, even it is easy to transfer money from Greendot card to bank account . We will talk more about the debit and prepaid card options you have here later in the article so don’t stop reading!
You can also transfer funds from Greendot MoneyPak to PayPal account and enjoy shopping at places like Walmart, eBay, and Amazon. A cash load up to $1100 is possible to your Greendot MoneyPak card depending on the retailer.
What about transferring funds from Greendot to other international and local account? We have it all covered. Stay tuned!
Does This Work The Other Way Around?
When we talk about how to transfer money from Greendot to Paypal account, it becomes equally important to discuss if the same thing can be in reverse as well i.e. if you can send money from your Paypal account to Greendot.
The simplest answer is YES this is not only possible but quite easy as well. Here are the steps involved in this action:
- In you Paypal account, click on the Wallet button.
- Then provide the name of the bank you want to confirm.
- Enter account and routing numbers accordingly.
- Enter the amount that you wish to transfer
- Click Submit.
You also have the option to provide your user ID and password in order to quickly confirm the back account and initiate the transfer.
Once you have done that, Paypal will match the information and then allow you to proceed, enter the amount to withdraw, and select the bank to send it to.
It can take a few days for the account to enter your funds. Moreover, before you initiate the transfer, make sure that the name registered in your Paypal account is the same as the bank account.
Some More Useful Information On How To Transfer Money From Greendot To Paypal
When you are working around your Greendot account and wish to move money in or out of it, there are a number of things that you should be aware or procedures you should know how to operate.
Below we have gathered some handy information and relevant protocols that you should be equipped with when using Greendot account or credit cards. Continue reading to find out how you can even boost your credit score right away by joining hands with Greendot.
Did You Know? Greendot has GoBank affiliation which is a member of FDIC and also operates under Bonneville Bank. The institutes are well-insured so you can be sure that you money is in safe hands. It also offers $0 fraud liability like other leading banks in the US.
Link Your Greendot Account To Paypal
Simple steps to link Greendot account to Paypal are as below:
- Open your web browser and load Paypal. Complete the login by providing username and password.
- Locate My Account tab and then proceed to click on Add Funds under it.
- Choose Add Funds From MoneyPak and enter the number on Add Funds option.
- Provide your personal information including name, address, date of birth, and Social Security Number. Then click on Continue.
- Click Okay on the confirmation window that opens.
- Complete the set up by opening your email ID and responding to the confirmation message that has been sent there.
- Once the account is set, add money from Greendot account to your Paypal account.
As you can see, this is a straightforward method with no complications involved so you can swiftly transfer funds from Paypal to Greendot account as per your need.
Link Your Greendot Account To Another Bank Accounts
Here are the steps you need to follow if you want to link your Greendot account to another bank account.
- Sign in to your Greendot account.
- If you are using the website, click on “Add funds”. If you are using the app, click on “Deposit”.
- From the menu, click on Bank transfer option.
- Then choose the bank that you wish to add.
- You will have to sign in to the bank account then using valid credentials.
- Follow through the verification steps.
This would complete the linking process. As soon as you are done, you can proceed to transfer funds between these accounts. Transfers normally take 3 to 5 days.
Link Greendot Account to Cash App
This can be done very quickly and in a straightforward manner if you simply follow our easy guide!
- First of all, open the Cash App on your phone. The procedure is same Android and Apply users.
- On the lower-left corner, you will find a building’s icon. Click on that.
- Click on My Cash tab.
- Move the cursor to Cash and Bitcoin section.
- Click on + Add Bank option.
- Choose whether you wish to add a debit card or credit card.
- Provide your card information on the subsequent window that opens.
- Tap on Add Card.
And you are done! This will securely add the card to your Greendot account.
Greendot Accepts International Money Transfer
International and local transfers are possible with Greendot account. You just need to provide the routing number for domestic transfers and a swift code for international ones. In both cases, the account number of the recipient is a must-have in order to complete the transfer successfully
It Is Possible To Transfer Money From Another Bank To Greendot Account
You can easily transfer money from another bank to Greendot account and the process is completely free.
The transfer fee will take almost 3 days to complete. The transfer can be initiated using bank’s app or website.
Your friends, relatives, and associates can send you funds as well. Make sure you have the Greendot routing number with you when you proceed for the transfer. It is necessary to complete the procedure.
You can add money to Greendot Card Online
There are three ways to add money to your Greendot card. Let’s take a look at them individually.
Via Greendot App
You can use this method if you have one of the following cards active.
- Unlimited Cashback Bank Account
- Visa Debit card
- Pay As You Visa Debit Card
- Cashback Visa Debit Card
The procedure is rather simple. Here’s what you have to do:
- Log into Greendot app.
- Click on Deposit menu and then tap on Deposit Cash.
- Now select Deposit Cash using the app.
- Choose the retainer and provide secure deposit code.
The amount will be deposited in less than 10 minutes.
Using The Register
Simply ask the cashier to deposit funds to your card and then swipe it to use. There are some reload service fee and limit applicable in this case. You will be easily able to find the Register location nearby.
The last approach is to use MoneyPak. Let us tell you how that works.
- Set up MoneyPak.com Secure Login.
- Verify using phone and following simple steps.
- Enter prepaid debit card number. Load the amount to be deposited and you are done!
Greendot Is An Amazing Option To Rebuild Credit Score
Greendot offers Green dot Platinum Visa Credit Card which is an excellent choice for credit rebuilding. All you have to do is apply for the card and then carefully spend within the credit limit to make sure your credit report remains excellent.
The best part about the card is that it does not require any credit history so you don’t need to worry about your score. However, this is a secured credit card so you need to make an initial deposit of $200 to $50,000. This would automatically be converted to your available credit line.
Note! The Green dot Platinum Visa Credit Card card carries an annual fee of $39 and has a purchase APR of 19.99%.
Card Options You Have With Greendot
With Greendot account, you are eligible to apply for a number of prepaid and debit cards. Let’s take a look at some of the options you have.
Green Dot Visa Card
This a good option when you have to frequently pay for goods and services. This is because it offers 2% cashback on all such purchases done via the card.
Furthermore, you can make deposits here with an app and apply for the salary two days before the payday. You also get 2% interest in savings per year. All these features make Green Dot Visa Card an amazing choice in the list of debit cards.
Few other outstanding features include:
- Free ATM withdrawals all around the US.
- No overdrafts with the card.
- No requirement of minimum balance.
- Free money transfer to other accounts.
- Ease of shifting money between debit cards.
Green Dot Prepaid Visa Card
This is a suitable starter card when you have just opened an account with Greendot. If you maintain good credit spending, you can eventually upgrade to Unlimited Cashback Bank Account Visa Debit Card. In addition to this, you can enjoy:
- Amazing cashback offers.
- Free in-network ATMs.
- Free reloads.
- Interest on savings.
Load & Go Prepaid Visa Card
Another option you have with Greendot is that of Load&Go Prepaid Visa Card. This one is acceptable across all states in the US and you can always use it as your go-to card when traveling within the United States. Furthermore, there are no monthly fees and you can avail the card at Rite Aid or Walgreens. Unfortunately, there are so special perks associated with this prepaid credit card.
Greendot Prepaid Mastercards As Compared To Netspend
Both, Greendot and Netspend, issue worthy prepaid cards with multiple interesting features. They don’t scrutinize your credit score prior to application acceptance and there is not credit bureau check. You don’t need to worry about bounced checks, overdraft fee, or credit card debt as well.
However, fees associated with these cards are different so you need to consider the cost before applying. In case of Netspend, the monthly fee is $9.95 whereas Greendot charges $5.95.
Note! Greendot monthly fee can be waived off. This is possible if you deposit $1,000 to the card within a month or add funds 30 times within 30 days.
Netspend charges an ATM withdrawal fee of $4.95 and Greendot adds 3% surcharge for use within 50 states of the US.
The Bottom Line
As you can see, becoming a Greendot user has many advantages and perks. It is not just a service helping thousands of customers to transfer their funds but also a very reliable way to fix your credit score fast. Its online services are impeccable and card usage is complete safe. So what’s stopping you from applying right away?
We hope that we have covered everything you need to know about how to transfer money from Greendot to PayPal. Also, don’t hesitate to drop queries in the comment section below so we can get to you as soon as possible!
Frequently Asked Questions About Greendot and Money Transfers
I can not find my Greendot Bank routing number online. Help!
The routing number for your Greendot bank account is mentioned at a number of places. You should be able to find it through:
- Their online banking app after you have successfully logged in.
- An issued check.
- A bank statement.
- The official website of the Federal Reserve
I can’t use my Greendot card online. Why?
There can be many reasons why your Prepaid Debit card is not working online. One of the major reasons is that there is a clash between address that the merchant has of you and the address the company has on the file for your card.
How do Greendot cards work?
Greendot prepaid cards are quite easy to handle. You can accept deposits on this card via paychecks, tax returns, and government deposits as well as mobile app check deposit. As the name suggests, prepaid cards become functional as soon as you have funds credited to it. You can use it at many locations worldwide.
Is it possible to deposit a check to green dot card?
Yes. You can do so by downloading the Greendot app from Google Play Store or Apple Sotre. When you log in to the app, you will be able to see an option that reads “Deposit”. Click on it and then tap on “Deposit a Check”. After that you will have to sign your name at the back and write “For mobile deposit only” under it.
There might be few more steps involved and the app will guide you through the remaining procedure. Keep in and that mobile deposit can not be used if you are making the deposit for the first time.
Jamie Johnson is very enthusiastic Kansas City – based freelance writer, and her core expertise are finance and insurance. She has been endorsed on several personal finance, insurance & business website to share her thoughts. Her publications can be found on famous sites like Bankrate, The Balance, Business Insider, Chamber of Commerce and many others.
From many years, she served more than 10,000 hours of research and writing to more than 2000 articles related to personal finance, credit building, mortgages, and personal and student loans.