Green Dot, a digital bank founded in 1999, is often overlooked by fellow competitors such as PayPal. However, it continues to grow, with its stock up by 140% in the last year. In addition, it’s building new partnerships with companies such as Apple, Google, Uber, Walmart, Intuit, and Amazon.
Green Dot has had over 33 million customers since its launch. It operates mainly as a branchless bank with over 90,000 retail distribution locations. The online mobile bank offers quality services such as seamless ways to send and save money.
You may already have a Green Dot account and wish to transfer funds from that account to Cash App.
With millions of monthly Cash App users, it’s not uncommon for Green Dot users to also have a Cash App account because of its popularity.
So, can you transfer money from GreenDot to Cash App?
Short answer: Yes, GreenDot works with Cash App. You can transfer money from your GreenDot account to your Cash App.
You can also create a Cashtag name on Cash App and pay for purchases with a GreenDot card and manage your account. However, not all GreenDot card types of accounts work with Cash App. For example, Cash App only links to cards compatible with MasterCard, Visa, American Express, and Discover.
Learn how to make your money transfer from GreenDot to Cash App without a debit card and the steps and conditions required.
Can You Link GreenDot To Cash App?
Yes, you can link your GreenDot account to Cash App with the Unlimited Cash Back Green Dot card version. However, not all GreenDot cards can use the linking feature. Only the GreenDot Cash Back Visa Debit Card is eligible.
It also means that Cash App does not accept any other prepaid cards. In addition, the Green Dot GreenDot card earns 2% cash back for online and mobile purchases.
Generally, Cash App only accepts MasterCard, Visa, American Express, and Discover cards. So reloadable debit cards and gift cards are currently not supported.
Can You Transfer Money from GreenDot to Cash App?
Yes, you can transfer money from GreenDot to Cash App using the Cash Back Unlimited version of the GreenDot card. Cash App accepts the GreenDot Unlimited card since it works with Visa and Mastercard.
In addition, customers can send money instantly between GreenDot and Cash App with this card.
A GreenDot Unlimited Cash Back account lets you earn a higher annual percentage yield on your savings up to $10,000.
See the differences between the GreenDot Visa debit card and the Pay As You Go Visa Debit Card here.
How To Transfer Money from GreenDot to Cash App?
You can transfer money from GreenDot to Cash App quickly because they’re compatible.
Follow these steps to transfer money from GreenDot to Cash App:
- Launch Cash App on your iPhone or Android device.
- Sync your GreenDot debit card using the “Linked Accounts” option by manually adding it.
- Tap the “Banking” tab on the Cash App home screen.
- Select “Add Cash” and enter the amount you want to send.
- Enter your PIN-code or use Touch ID to verify your identity on Cash App.
- Once confirmed, the money will be transferred from your GreenDot card to your Cash app account.
However, when you purchase the Moneypak Unlimited Cash Back Card, it may take around 30 minutes for your card to be redeemed and funded.
Learn how to link Cash App with Plaid guide.
How To Open a GreenDot Account?
GreenDot has prepaid debit cards that offer a reliable way to store money digitally. As a result, the money kept on your card is safer than carrying large amounts of cash in your pocket.
In addition, Green Dot Bank offers checking and savings accounts that can help customers reach their financial goals. It lets you open a bank account or apply for a prepaid debit card online.
Follow these steps to open a GreenDot account:
- Visit the GreenDot website on your browser and select “Open An Account.”
- Provide your email address and “prove you are human” as a security feature.
- Click “Get Started” and follow the on-screen instructions.
Your personalized GreenDot debit card will be mailed to your home address and require activation upon arrival. After entering the 16-digit card number, the expiration date, and CVV, follow the on-screen instructions to activate your card.
You can also purchase a Green Dot card at a local retail store and register online. It’s important to note that they need your SSN to issue you a card.
See our guide on why Cash App is unable to sign in on my device guide.
How To Move Money from a GreenDot Card to a Bank Account?
With an ACH transfer, you can move money from your GreenDot account to your bank account. It’s a safe and secure way to move money between a GreenDot account and a bank account.
ACH transfers are bank-to-bank electronic funds transfers. For example, depositing payroll, stimulus checks, benefits, and tax refunds into an account is known as a direct deposit. It requires your routing and account numbers.
Here are the steps to move money from a GreenDot account to a bank account:
- Log in to your GreenDot account.
- Go to “Transfer Money.”
- Green Dot works with Plaid to integrate your bank account information, including bank name, address, account number, and routing number for direct deposit.
- Follow the on-screen instructions and confirm.
GreenDot account bank transfers can take around four business days for the direct deposit to hit.
Can You Transfer Money From PayPal to GreenDot?
Yes, you can transfer money from PayPal to GreenDot if your accounts are linked. You must provide PayPal with your GreenDot account and routing number.
It can take up to four business days to use the funds once deposited in your GreenDot account.
See our guide on how to link a credit card on Cash App.
Transfer Money From GreenDot to Cash App Summary
You can transfer money from GreenDot to Cash App as long as you use the Cash Back Unlimited version of the GreenDot card. Currently, Cash App does not accept reloadable debit cards or gift cards.
However, it only accepts MasterCard, Visa, American Express, and Discover cards. In addition, use your GreenDot card to Google Pay, Samsung Pay, or Apple Pay to make purchases with your mobile device.
See our guide on how to transfer money from Apple Pay to Cash App.