Editor's Review

GO2bank is a mobile banking app that caters to the needs of everyday people. With no monthly fees and a free nationwide ATM network, it aims to keep more of your hard-earned money in your pocket. From early paydays and savings opportunities to credit building and account protection, GO2bank offers a range of features designed to enhance your banking experience.

Features

- No surprise fees: Say goodbye to monthly fees and hidden charges. GO2bank ensures that you keep more of your money by eliminating monthly fees, with the exception of a $5 fee per month for accounts without eligible direct deposit.

- Early paydays and more ways to save: GO2bank allows you to receive your pay up to 2 days early and government benefits up to 4 days early through direct deposit. Additionally, you can withdraw cash for free at any of the ATMs in their nationwide network. Plus, you can earn higher-than-average APY rates on your savings.

- Built-in backup: GO2bank offers up to $200 in overdraft protection after eligible direct deposits and opt-in. This feature ensures that you are covered in case you overspend.

- Credit building: With the GO2bank Secured Visa® Credit Card, you can improve your credit without an annual fee, credit check, or impact on your credit score when applying.

Pros

1. No monthly fees: One of the standout features of GO2bank is the absence of monthly fees, making it an attractive option for individuals looking to keep their banking costs low.

2. Early access to funds: GO2bank provides its users with the ability to access their paychecks and government benefits earlier than traditional banking accounts, providing added convenience and flexibility.

3. Account protection: The app offers enhanced security features, such as the ability to lock/unlock your card with a tap and real-time fraud alerts, ensuring the safety of your funds.

Cons

1. Limited eligibility for fee waivers: While GO2bank boasts no monthly fees with eligible direct deposit, those without direct deposit will incur a $5 monthly fee, potentially discouraging some users.

2. Limited availability of in-network ATMs: Although GO2bank offers a free nationwide ATM network for cash withdrawals, users may face challenges in finding in-network ATMs in their specific area.

What's New

In the latest version of the app, GO2bank has made several improvements and enhancements, including bug fixes, performance optimizations, and an improved user interface for a seamless banking experience. Additionally, new features have been introduced to provide users with more control and flexibility over their accounts.