Turn your money into more money with our 4.50% APY

Turn your money into more money with our 4.50% APY

When every penny counts, make your money go farther. Put what you can in a high-yield savings account and we’ll help that money grow. Earn over 10x the national savings rate average.** Interest paid quarterly on the average daily balance of savings during the quarter up to a $5,000 balance and if the account is in good standing. Fees on your primary deposit account may reduce earnings on your savings account. 4.50% Annual Percentage Yield (APY) as of April 2023. APY may change before or after you open an account. See Deposit Account Agreement (PDF) for terms and conditions. The average national savings account interest rate of 0.39% is determined by the FDIC as of 4/18/23. National rates are calculated based on a simple average of rates paid (uses annual percentage yield) by all insured depository institutions and branches for which data are available. Savings account rates are based on the $2,500 product tier of insured depository institutions for which data is available. Visit https://www.fdic.gov/regulations/resources/rates/ to learn more.

When every penny counts, make your money go farther. Put what you can in a high-yield savings account and we’ll help that money grow. Earn over 10x the national savings rate average.** Interest paid quarterly on the average daily balance of savings during the quarter up to a $5,000 balance and if the account is in good standing. Fees on your primary deposit account may reduce earnings on your savings account. 4.50% Annual Percentage Yield (APY) as of April 2023. APY may change before or after you open an account. See Deposit Account Agreement (PDF) for terms and conditions. The average national savings account interest rate of 0.39% is determined by the FDIC as of 4/18/23. National rates are calculated based on a simple average of rates paid (uses annual percentage yield) by all insured depository institutions and branches for which data are available. Savings account rates are based on the $2,500 product tier of insured depository institutions for which data is available. Visit https://www.fdic.gov/regulations/resources/rates/ to learn more.

Open an account

Let the saving begin

Today’s a great day to start taking advantage of our great 4.50% APY savings rate.** Interest paid quarterly on the average daily balance of savings during the quarter up to a $5,000 balance and if the account is in good standing. Fees on your primary deposit account may reduce earnings on your savings account. 4.50% Annual Percentage Yield (APY) as of April 2023. APY may change before or after you open an account. See Deposit Account Agreement (PDF) for terms and conditions. The average national savings account interest rate of 0.39% is determined by the FDIC as of 4/18/23. National rates are calculated based on a simple average of rates paid (uses annual percentage yield) by all insured depository institutions and branches for which data are available. Savings account rates are based on the $2,500 product tier of insured depository institutions for which data is available. Visit https://www.fdic.gov/regulations/resources/rates/ to learn more. Learn how easy it is to open your own savings account.

Start saving

Save more of your money for what really matters

No monthly fees with eligible direct deposit, otherwise $5 per month** Monthly fee waived whenever you receive a payroll or government benefits direct deposit in the previous monthly statement period. Otherwise $5 per month.

No ATM fees in our free nationwide ATM network** See app for free ATM locations. $3 for out-of-network withdrawals, plus any additional fees the ATM owner or bank may charge. Limits apply.

No fees or minimum balance required to open an account online

We believe surprises should be for good things, not bank fees

We believe surprises should be for good things, not bank fees

So, here’s a straightforward list of fees.

Features

Simple fees

Open an account: Online

Free

Open an account: Purchase a card at a retail store

One-time purchase price of up to $2.95. Initial deposit of $20-$500 required

Monthly fee

$0 whenever you receive a payroll or government benefits direct deposit in the previous monthly statement period, otherwise $5 per month

Direct deposit

$0

Cash deposit

Up to $4.95 retail service fee

Transfer money from a linked bank account

$0

Transfer money from a linked debit card

3% of the amount transferred (min of $2.00) added to transfer amount

Cash a check with the app

1% or 5% of check amount for money in minutes, depending on check type ($5 minimum fee per check); $0 for money in 10 days

In-network ATM withdrawal or balance inquiry

$0

Out-of-network ATM withdrawal

$3 per transaction

Out-of-network ATM balance inquiry

$0.50 per transaction

Teller cash withdrawal

$3 per transaction

Funding transaction fee

1.5% of the amount transferred, rounded to the nearest cent, up to a maximum of $10 per transfer. This fee is charged when you fund an external account from your GO2bank account.

Overdraft protection fee

$15 fee may apply for each purchase transaction not repaid within 24hrs of authorization of first transaction that overdraws account. Learn more about Overdraft Protection (PDF)

Replacement card (for lost, stolen or damaged card)

$0

Expedited delivery of replacement debit or secured credit card

$24.95

Foreign transaction fee

3% of total transaction amount

Monthly fee waived whenever you receive a payroll or government benefits direct deposit in the previous monthly statement period. Otherwise $5 per month.

See app for free ATM locations. $3 for out-of-network withdrawals, plus any additional fees the ATM owner or bank may charge. Limits apply.

The GO2bank account comes with a Visa Debit card. If you open an account online, there is no fee or minimum balance requirement. If you open an account by getting a GO2bank debit card in a store, then there is a purchase fee and an initial deposit of $20 - $500 required.

Opt-in required. Account must be in good standing and chip-enabled debit card activated to opt in. Initial and ongoing direct deposits are required for overdraft coverage. Additional criteria may apply which can affect your eligibility and your overdraft coverage. Overdrafts are paid at our discretion. Overdraft fees may cause your account to be overdrawn by an amount that is greater than your overdraft coverage. A $15 fee may apply to each eligible purchase transaction that brings your account negative. Balance must be brought to at least $0 within 24 hours of authorization of the first transaction that overdraws your account to avoid a fee. Learn more (Overdraft Protection PDF).

Interest paid quarterly on the average daily balance of savings during the quarter up to a $5,000 balance and if the account is in good standing. Fees on your primary deposit account may reduce earnings on your savings account. 4.50% Annual Percentage Yield (APY) as of April 2023. APY may change before or after you open an account. See Deposit Account Agreement (PDF) for terms and conditions. The average national savings account interest rate of 0.39% is determined by the FDIC as of 4/18/23. National rates are calculated based on a simple average of rates paid (uses annual percentage yield) by all insured depository institutions and branches for which data are available. Savings account rates are based on the $2,500 product tier of insured depository institutions for which data is available. Visit https://www.fdic.gov/regulations/resources/rates/ to learn more.

Activated, chip-enabled debit card required to purchase eGift Cards. Active GO2bank account required to receive eGift Cards. eGift Card merchants subject to change. See Deposit Account Agreement (PDF) for details. 

In order for both the referred individual and the referring GO2bank accountholder to each qualify for and receive the $50 referral reward, the following conditions must be met: The referred individual may not have previously opened a GO2bank Deposit Account ("Account"); they must open a new Account between May 20, 2021 and June 30, 2023; they must open the new account using the referring GO2bank accountholder's unique referral (share) link directly or as shared through email or social post; and they must receive in the new Account a qualifying direct deposit of $200 or more within 45 days of account opening. The qualifying direct deposit must be made by the referred individual's employer, payroll provider, government benefits, or unemployment benefits payor by Automated Clearing House (ACH) deposit. Bank ACH transfers, debit card transfers, verification or trial deposits from financial institutions, tax refund deposits, mobile check cashing, and cash deposits are not qualifying deposit activities. Referring GO2bank accountholder and referred individual GO2bank accounts must both be in good standing to be eligible for and receive a reward. The reward is paid to each party within 48 hours after qualifying funds are first deposited into the referred individual's new Account. New and referring GO2bank accountholders may earn no more than $1,500 in referral rewards per calendar year (January 1 - December 31). Referred individual acknowledges that payment of the reward will result in the referring GO2bank accountholder's knowledge of the individual's new Account. GO2bank reserves the right to cancel or modify the terms of the referral reward offer or terminate the member's eligibility at any time with or without prior notice. All referral rewards will be reported on form 1099-INT to the IRS.