5 Ways We Keep Your Money Safe

5 Ways We Keep Your Money Safe

Making money can be hard enough these days, but knowing a good place to keep it safe can sometimes feel even harder. You wouldn’t just hand over all your cash to somebody who says they can protect it or make it grow, right? You want them to put their money where their mouth is. True, we don’t have a mouth, but we do know how to keep your money safe.

Here are 5 ways you can rest easy knowing your money is safe with GO2bank.


We're a Member FDIC bank and a brand of Green Dot Corporation, which means your money is federally insured up to $250,000 and never held by a third-party bank. With GO2bank, your money is always kept safe with a financial innovations company that has managed more than 80 million accounts over the last 24 years.

Visa’s Zero Liability

Not only can you use your GO2bank card wherever Visa® debit cards are accepted in the U.S., you can also rest easy with Visa’s Zero Liability Policy. Have you ever gone over your account statement and then suddenly come across a weird unauthorized payment you definitely didn’t buy for yourself? If this ever happens on your GO2bank card, you can notify us right away, and with Visa’s Zero Liability Policy, you’re guaranteed to not be held responsible for those unauthorized charges made to your account or using your account information. And yup, that policy also works if your GO2bank card is ever lost, stolen, or used fraudulently online or offline.

Fraud alerts

If you saw somebody trying to steal something from one of your friends, you’d let them know. We’re the same way. Since we’re deeply committed to keeping your account secure, we regularly monitor transactions made with your GO2bank debit card for potential fraud.  If we see something that looks fraudulent or just plain shady, we’ll send you a fraud text alert. We may block that transaction until you confirm that the requested transaction was legitimate. We’ll never ask you for your account number, ATM or debit card PIN, Social Security number, or any other personal information. All you ever have to do is tell us whether that transaction was real and then go on living your life, fraud-free.

Card lock protection

Ever wish your debit card had an off button? Well, you’re in luck. If you ever misplace your card or fear it’s been stolen, you can easily toggle the lock button in the GO2bank app.1 Locking your card stops all withdrawals and debit transactions from your card. Any previously authorized transactions and deposits won’t be blocked and monthly fees will continue with locked cards, but anybody hoping to sneak a fraudulent charge on a stolen card will be out of luck.

Chip-enabled card

Have you ever noticed that little silver rectangular chip on your GO2bank debit card? You might not know it from looking at it, but that little chip is like magic. It adds an extra layer of security to any transaction you make with your card. When you purchase something with your chip-enabled card, the chip produces a code used to validate the transaction, meaning a counterfeit card can never produce the same type of code. A chip-enabled card doesn’t just look cooler, it makes the information on your card harder to steal and helps keep wannabe fraudsters away.

Sadly, there are always fraudsters and scammers out there trying to work their way into other people’s hard-earned money. But with the everyday banking app on your phone, a fancy chip-enabled card in your wallet, and a go-to on your side, your money and personal info can stay safe with GO2bank.

The views and opinions expressed here may not represent the views and opinions of GO2bank, Green Dot Corporation, or its affiliates. It is presented for general informational purposes only and does not constitute tax, legal, or business advice.​

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