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Green Dot 3% Unlimited Cashback

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creditfan
Established Contributor

Green Dot 3% Unlimited Cashback

Message 1 of 14
13 REPLIES 13
simplynoir
Community Leader
Mega Contributor

Re: Green Dot 3% Unlimited Cashback

The fact that it's debit makes it a no go for me

Message 2 of 14
Anonymous
Not applicable

Re: Green Dot 3% Unlimited Cashback

It seemed too good to be true and that was confirmed after looking into it a bit more. The cash back is only available at the end of the year and you also only get the 3% back on online and in-app purchases. I would avoid this unless you are willing to wait for the cash back and make a lot of online purchases. It is a cool card design though.

Message 3 of 14
Anonymous
Not applicable

Re: Green Dot 3% Unlimited Cashback

Green Dot will find a way to screw you out of the match... I wouldn’t trust this offer at all. 

Message 4 of 14
JamP
Valued Contributor

Re: Green Dot 3% Unlimited Cashback

Some other fees... Seems simple enough if you spend alot online.

GreenDot.PNG

250k+ CL and climbing.
Message 5 of 14
Anonymous
Not applicable

Re: Green Dot 3% Unlimited Cashback

Awww, man...editing away a long post of excitement after seeing these terms...

The following purchases/transactions shall not be considered qualifying purchases for purposes of earning Cash Back: • airline purchases, 40 • quasi-cash transactions (i.e. purchase of items that convert to or substitute for cash, such as digital wallets, person-to-person transactions, casino chips or transactions at online gaming sites, travelers checks, lottery tickets, etc.), • the use of your Debit Card to purchase gift cards or for funding another card or account, • bill payments, either using your Debit Card or using our online bill pay service, • transferring funds from your Debit Card or bank account to another bank account or credit card account, and • transactions conducted at http://www.greendot.com or our mobile application (such as online bill payments or person-to-person transfers).


Online bill pay is excluded. Smiley Sad


Edit2: actually, it says using their online bill pay method...nothing about using a property management's site's website. But I get the feeling they'll deem that as a non-qualified transaction.
Message 6 of 14
NoMoreE46
Community Leader
Senior Contributor

Greendot Debit Visa

Any thoughts on who would go for this "3%" card?

 

https://www.greendot.com/for-people/our-products/3-percent-unlimited

Message 7 of 14
Anonymous
Not applicable
Message 8 of 14
AverageJoesCredit
Legendary Contributor

Re: Greendot Debit Visa

People who cant get a credit card?

Message 9 of 14
NoMoreE46
Community Leader
Senior Contributor

Re: Greendot Debit Visa


@Anonymous wrote:

https://ficoforums.myfico.com/t5/Personal-Finance/Green-Dot-3-Unlimited-Cashback/td-p/5694396


Thanks- I did search first but I am tired.  So it looks like it came out summer of 2019-  just saw a televsion ad for it today.

 

Message 10 of 14
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