GO2Bank Deposit Account $50 Referral Bonus

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GO2Bank : Deposit Account

$50

2.2

BankBonus.com score

Availability

Ease

Amount

Fees

Offer Expires In

Limited Time Offer

How To Earn The Bonus

  1. Refer a friend (or be referred by a friend) to open a new GO2bank account.
  2. Within 45 days, new account holder must complete a direct deposit of at least $200.
  3. The bonus will be paid to each party within 48 hours after qualifying funds are first deposited into the referred individual’s new Account.

Available in Your Area?

Yes

Monthly Fees?

Yes

Open Online?

Yes

Credit Pull?

Unknown

Available nationwide with the ability to open online, GO2Bank is offering a $50 welcome bonus for you and a friend when opening a new account with direct deposit.

As an added bonus, you can receive up to $1,500 in referral bonuses each calendar year, so whether you're a new or existing member, you can really rack up some serious cash.

How To Earn The Bonus

The GO2Bank Deposit Account promotion requires you to set up direct deposits and use a referral link in order to earn the $50 bonus (step-by-step breakdown is listed above!).

As with any offer, don't forget to read the fine print before opening your new account. It's where the bank will clearly state who is eligible for the deal along with any nuances you'll want to be aware of.

The fine print

  • The referred individual may not have previously opened a GO2bank Deposit Account.
  • The referred individual must open the new account using the referring GO2bank accountholder’s unique referral link.
  • New and referring GO2bank accountholders may earn no more than $1,500 in referral rewards per calendar year (January 1 – December 31).

How does this personal checking offer from GO2Bank compare?

To help you determine how this bonus stacks against the rest, here are some of the most popular offers available right now:

PNC

Virtual Wallet®

Bonus
up to $400
Account Type
Personal Checking
Expires In
35 days
Requires
  • Direct Deposit

TD Bank

Beyond Checking

Bonus
$300
Account Type
Personal Checking
Expires In
219 days
Requires
  • Direct Deposit

U.S. Bank

U.S. Bank Smartly® Checking

Bonus
up to $700
Account Type
Personal Checking
Expires In
31 days
Requires
  • Direct Deposit
  • Min Balance (optional)

Why GO2Bank?

Deposit Account

Fees

Deposit Account does charge a monthly maintenance fee of $5, but there are ways to get this waived:

  • Complete a monthly direct deposit in the previous monthly statement period.
GO2Bank is a brand of Green Dot Bank, Member FDIC.

Share Your Thoughts or Questions

There have been 5 comments about the GO2Bank Deposit Account $50 Referral Bonus.

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Bill B

November 11, 2023

This was one of the more frustrating bonuses to pursue, but there was a silver lining. Even though I met the requirements to earn the bonus, they said my direct deposit didn't qualify because the comment in the deposit said "DIR DEP" rather than "DIRECT DEPOSIT", so they wouldn't give it to me. Also, they make it very difficult to get your money out of their bank. There is no mechanism on their site to transfer to another bank. I ended up using the transfer tools at another bank (Chase) to initate the transfer that way, but that is the most ridiculous limitation of an online bank that I've ever heard of. My silver lining was that they have a decent referral program, so I was able to make a few hundred dollars with referrals. Overall, this was a pain and I would not recommend pursuing this bonus.

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Daniel Tacker

November 17, 2023 Replying to Bill B

I agree here. I had to go find a GO2 ATM in order to withdraw the cash I deposited. Pretty crazy that you can't just do an external transfer to another bank.

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Nicholas

November 15, 2023 Replying to Bill B

This sounds really annoying. Thanks for the heads up. I'll probably pass on this one.

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Daniel Tacker

November 3, 2023

Just be aware this type of account is a little different. You can not transfer money from a GO2 account to another bank account. You'll have to find an ATM to withdraw the money. Kind of annoying.

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Nicholas

November 15, 2023 Replying to Daniel Tacker

Is it possible to link this account at a different bank like Ally? Just wondering if you can pull the money out that way.

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