Green Dot Transfer Money To Another Card: A Step-By-Step Guide

In an increasingly interconnected world, the ability to effortlessly move money between accounts has become a cornerstone of modern financial convenience.

Gone are the days when transferring money meant tedious trips to physical bank branches or waiting days for checks to clear. Today, online money transfers offer high speed and accessibility, empowering individuals to manage their finances and support loved ones with just a few taps on a screen.

This digital revolution has paved the way for companies like Green Dot to carve out a significant niche, particularly for those seeking flexible and immediate solutions for their everyday money needs.

Green Dot refers to Green Dot Corporation, a significant financial technology and bank holding company based in the United States. This company is a major player in the prepaid debit card market, offering reloadable Visa and Mastercard cards that function similarly to traditional debit cards.

Green Dot has also expanded into digital banking services, including mobile-first bank accounts like GO2bank, and also powers payment platforms for various other large corporations.

These offerings cater to a diverse clientele, from those without traditional bank accounts seeking a secure way to handle their funds to individuals looking for convenient, mobile-first financial tools.

The ease of loading funds, setting up direct deposits, and managing expenses through their intuitive platforms makes Green Dot a compelling option for many navigating the complexities of digital finance.

The ultimate truth to this convenience lies in the ability to seamlessly transfer money from a Green Dot account to another card.

Whether it's sending money to a friend or family member who also uses Green Dot or utilizing services like MoneyPak to load cash onto a variety of eligible debit or prepaid cards, Green Dot aims to simplify the process of moving money.

In this article, we will guide you on Green Dot money transfers and other things you need to know:

Green Dot Transfer Money To Another Card:

Green Dot offers several ways to transfer money, both to other Green Dot cards and to external debit or prepaid cards. Understanding the specific method, its requirements, fees, and limits is key to a smooth transaction.

Note: For most Green Dot transfer services, you will need a personalized Green Dot card (one with your name on it) and an activated online account or the Green Dot mobile app. Temporary cards often have limited functionality.

Below is a guide to explain in detail how to transfer money to another card using Green Dot:

1. Transferring Money to Another Green Dot Card (Person-to-Person):

This is the simplest and often the most cost-effective way to send money using Green Dot if both the sender and recipient have Green Dot accounts.

This transfer is typically done through the Green Dot mobile app or your online account.

Requirements:

• Both sender and recipient must have active, personalized Green Dot cards.
• Sender must have sufficient funds in their Green Dot account.

Steps to the Process:

1. Log In: Open the Green Dot mobile app or log into your account at GreenDot.com.
2. Navigate to Send Money: Look for a "Pay," "Send Money," or "Move Money" option within your account.
3. Add Recipient: Select "Add Recipients". You will usually need the recipient's mobile phone number or email address.
4. Enter Information: Input the amount you wish to send and any optional memo.
5. Confirm and Send: Review the details carefully to ensure accuracy, then confirm the transaction.

The recipient will then receive a notification (usually a text message or email) informing them that money has been sent to them through Green Dot. The recipient will need to log in to their Green Dot online account or the Green Dot mobile app.

In most cases, the recipient will see a pending transfer or notification within their Green Dot account. They will then need to explicitly accept the funds for the money to be credited to their Green Dot card balance. This acceptance process is a security measure and ensures the correct recipient receives the money.

Once the recipient accepts the funds, the money is usually available for them to use instantly on their Green Dot card.

Note: For temporary cards received from a store (find them at Walgreen or Walmart) generally cannot receive P2P transfers directly. If they only have a temporary card, they will usually need to activate it and register for a personalized one before they can receive the funds.

Key Features:

• Cost: Generally free to send money to another Green Dot cardholder.
• Speed: Funds are usually available to the recipient instantly once they accept the transfer.
• Recipient Action: The recipient will typically receive a notification (text or email) and may need to accept the funds for them to be credited to their Green Dot account.

2. Transferring Money to Other Eligible Debit or Prepaid Cards (Through MoneyPak®)

MoneyPak is a service powered by Green Dot that allows you to add cash to a wide range of eligible Visa, Mastercard, and Discover debit or prepaid cards. This is useful if you want to load cash onto a card that is not a Green Dot card.

This method involves purchasing a physical MoneyPak at a participating retail store, then using its unique code online to load funds onto the target card.

Requirements:

• The target card must be an eligible, activated prepaid or bank debit card.
• Prepaid cards must generally be personalized with the cardholder's name embossed on them.
• You must be 18 or older and a U.S. citizen or legal alien residing in the U.S. or Puerto Rico.
• Internet access, a working email address, and a mobile phone are required for the MoneyPak.com account.

This process involves two main steps: purchasing the MoneyPak with cash, and then redeeming it online to load the funds onto the desired debit or prepaid card.

Step 1: Purchase a MoneyPak at a Retail Store

1. Find a Participating Retailer:

MoneyPaks are widely available at thousands of retail locations across the U.S. Common stores include: Walmart, CVS Pharmacy, Walgreens, 7-Eleven, Dollar General, Rite Aid, KMart, Kroger, Ralphs, Food4Less, and many other grocery and convenience stores.

You can often find them in the prepaid or gift card display sections. To find a store near you, you can visit the "Where to Buy" section on the official MoneyPak.com website.

2. Select Your Amount and Pay:

MoneyPaks allow you to load between $20 and $500 in cash onto a single MoneyPak.

When you take the MoneyPak to the cashier, you will pay the cash amount you wish to load plus a flat service fee, which is typically $5.95 per MoneyPak.

The cashier will activate the MoneyPak. After activation, the MoneyPak will have a unique, secure number on the back (often revealed by scratching off a strip).

Keep this MoneyPak and your purchase receipt in a safe place. Treat the MoneyPak number like cash, as anyone with the number can load the funds.

Step 2: Deposit Funds Online at MoneyPak.com

Once you have your activated MoneyPak, you will go online to complete the transfer.

1. Go to MoneyPak.com:

Open your web browser and navigate to MoneyPak website. Beware of fraudulent websites. Always ensure you are on the official MoneyPak.com site.

2. Create a Secure Login (First-Time Users Only):

If this is your first time using MoneyPak.com, you will be prompted to create a secure login.

This involves providing some personal information for identity verification, which include your Social Security Number, date of birth, and verifying your mobile phone number (by authorizing them to send you text messages). This is a standard security measure for financial services.

Once you have created your secure login, you won't need to do this step again for future MoneyPak transfers.

3. Log In and Initiate Deposit:

• Log in using your secure username and password.
• Look for an option to "Deposit to Card" or "Add Money."

4. Enter MoneyPak Number and Card Information:

You will be asked to enter the secure MoneyPak number (the 14-digit number from the back of the MoneyPak you purchased).

Next, you will enter the 16-digit debit or prepaid card number of the card you wish to load the funds onto. This is the recipient's card.

• Verify Eligibility: MoneyPak.com also has a tool where you can enter the first 9 digits of a card number to check if it's eligible to receive funds via MoneyPak before you even purchase one. It's highly recommended to do this if you are unsure about the recipient's card.

5. Confirm and Complete the Deposit:

Carefully review all the information you have entered (MoneyPak number, recipient's card number, amount).

Once you confirm, the entire amount of the MoneyPak will be deposited to the eligible card.

3. Transferring Money from Green Dot to a Linked External Bank Account (and then to a card)

While Green Dot doesn't directly allow you to transfer funds from your Green Dot card to any external debit card, you can typically transfer funds from your Green Dot account to a linked external U.S. bank account. From that bank account, you could then use that bank's services to send money to another card if they offer such a feature.

This is an ACH transfer from your Green Dot account to a traditional checking or savings account.

Steps to do this:

1. Link External Bank Account:

• Log into your Green Dot online account or app.
• Look for an option to "Link Bank Account" or "Transfer to Bank."
• You will need your external bank's routing number and account number.
• Green Dot will typically send two small trial deposits (less than $1 each) to your linked bank account.
• You will need to verify these amounts back on the Green Dot platform to confirm ownership of the external bank account. This verification process can take a few business days.

2. Initiate Transfer:

• Once the bank account is linked and verified, go to the "Transfer Money" or "Move Money" section.
• Select the option to transfer money to a linked bank account.
• Enter the amount you wish to transfer.
• Confirm the details.

Note: Green Dot generally does not charge a fee for these ACH transfers out to a linked bank account, but your external bank might. These transfers typically take 1-3 business days to arrive in your linked bank account. and this is an indirect way to get money to another card, requiring an intermediate step through a bank account.

Always be cautious when sharing card numbers or personal information. Only use official Green Dot websites and apps for transfers. Never share MoneyPak numbers with unknown individuals.

If you encounter any issues or have questions specific to your account, contact Green Dot customer support directly through their website or app.

How To Transfer Money From Greendot Card To Bank Account:

Transferring money from your Green Dot card to a bank account is a common and straightforward process. Green Dot facilitates this primarily through ACH (Automated Clearing House) transfers.

However, you must have a personalized Green Dot card and an active online account or the Green Dot mobile app.

Note that, Temporary cards typically do not support transfers out to external bank accounts (reference).

Steps to Transfer Money from Green Dot to a Bank Account:

1. Log In to Your Green Dot Account:

• Go to the official Green Dot website (GreenDot.com) or open the Green Dot mobile app on your smartphone.
• Enter your username and password to log in.

2. Navigate to the "Move Money" or "Transfer" Section:

Once logged in, look for a section labeled "Move Money," "Transfer," or "Bank Transfer." The exact wording might vary slightly depending on your specific Green Dot card product or the app version.

3. Link Your External Bank Account (First Time Only):

If this is your first time transferring to a particular bank account, you wiill need to link it.

4. You will be prompted to enter the details of your external U.S. bank account:

• Bank Name: The name of your bank (e.g., Bank of America, Chase, Wells Fargo).
• Routing Number: This is a 9-digit number that identifies your bank. You can usually find it on your bank's website, on your checks, or by logging into your online banking.
• Account Number: Your specific checking or savings account number.
• Account Type: Specify if it's a checking or savings account.

For security, Green Dot will usually perform a small test deposit (or two tiny deposits, often less than $1.00 each) to your linked bank account. This typically takes 1-3 business days to appear.

You will then need to return to your Green Dot account (online or app) and verify the exact amounts of these small deposits. This confirms that you own the linked bank account. Once verified, the bank account will be saved for future transfers.

5. Initiate the Transfer:

After your external bank account is successfully linked and verified, you can initiate the transfer.

• Select the linked bank account as the destination for the transfer.
• Enter the amount you wish to transfer from your Green Dot account.
• Review all the details carefully to ensure the amount and destination account are correct.

6. Confirm the Transfer:

Confirm the transaction. You will receive a confirmation message or email.

Note that, Green Dot generally does not charge a fee for transferring money from your Green Dot account to a linked external U.S. bank account through ACH (which typically takes 1 to 3 business days to complete).

However, your receiving bank might have its own fees for incoming ACH transfers. It's always a good idea to check with your external bank if you are concerned about this.

You will typically find your specific transfer limits detailed in your Green Dot Account Agreement or within your online account/app when you attempt a transfer. If a transfer exceeds a limit, the system will usually inform you.

Green Dot Deposit Limit:

Green Dot deposit limits can vary depending on the type of deposit (cash or check) and where you are making the deposit.

Here is a general overview:

Cash Deposits at Retailers (Green Dot Network):

1. Per transaction:

• Most retailers: Up to $500
• Walmart: Up to $1,000
• Daily (rolling 24 hours): $1,500
• Weekly (rolling 7 days): $3,500
• Monthly (calendar 30 days): $5,000
• Minimum cash deposit: $20

Note: A retail service fee of up to $4.95 (or $3.74 at Walmart) is typically charged and deducted from the amount deposited.

2. MoneyPak Deposits:

• Per transaction: $20 to $500
• Maximum number of MoneyPaks: 4 per day, 7 per week (rolling 7 days), 20 per 30 days (rolling 30 days).
• Maximum total deposit amount: $1,500 per day, $3,500 per week (rolling 7 days), $5,000 per 30 days (rolling 30 days).
• Fees: Typically a $5.95 flat fee.

3. Mobile Check Deposits (through Green Dot App):

• Per Check Limit: $2,500
• Daily Limit: $3,000
• Monthly Limit (rolling 30-day period): $5,000
• Checks must be at least: $1.00

Note: The overall maximum amount of value that can reside on a Green Dot card is generally $10,000.

Green Dot P2P Transfer Limit:

Green Dot offers Person-to-Person (P2P) transfers, allowing you to send money to others, often with specific limits and conditions.

Here is a simple guide to understanding Green Dot's P2P transfer limits:

1. Sending Limit:

You may be limited to sending up to $500.00 in any rolling 30-day period using their send money service.

Green Dot may, at its sole discretion, allow for higher or lower limits for individual users. These limits are not typically increased or decreased at your request.

2. Receiving Limit:

You may also be limited to receiving up to $500.00 in the aggregate across all Green Dot products (including Green Dot Bank accounts and prepaid cards issued by Green Dot Bank) in any rolling 30-day period.

Similar to sending limits, Green Dot can adjust these based on their discretion.

While the 30-day rolling limit is a primary one for P2P, Green Dot also generally has:

• Overall Daily Transaction Limits: You might be limited to a maximum aggregate of $3,000 to $5,000 per calendar day for all transactions, including P2P.
• Number of Transfers: For security reasons, there are limits on the number of transfers you can make within a certain period which can vary between individuals.

Note: There are no fees to send money to friends or family who also have a Green Dot account.

Green Dot Deposit Locations:

In the US, you can deposit cash to your Green Dot card at over 90,000 participating retail and financial service center locations nationwide.

Some of the most common places to deposit cash include: Walmart (often at the Money Services Center or customer service desk), CVS Pharmacy, Walgreens, 7-Eleven, Dollar General, Dollar Tree, Family Dollar, Rite Aid, Kroger, Speedway, Circle K, Safeway, Pilot/Flying J, TravelCenters of America (TA), Amscot, CheckChangers, David's Check Cashing, PLS and many others.

Conclusion on Green Dot Transfer Money To Another Card:

Green Dot offers various ways to move money, and whether you can transfer money to "another card" directly depends on the type of card and the method used.

Green Dot provides robust options for transferring money, especially between its own accounts, which is fast and free within specified limits, as seen above.

For sending money to external debit cards, Green Dot facilitates this through "Funding Transactions" or MoneyPak, but these methods typically come with associated fees and specific limits.

Always review the latest fee schedules and terms for your specific Green Dot product to ensure you understand any costs or limitations involved in transferring money to another card.