Debit cards from Green Dot work just like any other debit card. You can add funds and use to shop, transfer money, pay bills, withdraw cash from an ATM and receive direct deposits of payroll and government benefits. Green Dot Visa® debit cards can be used everywhere Visa® debit cards are accepted. PLUS, Green Dot debit cards are issued by Green Dot Bank, Member FDIC, which means your deposit accounts are insured up to $250,000.
Deposits with Green Dot Bank are aggregated for deposit insurance coverage. Account funds are FDIC-insured up to the allowable limits upon verification of Cardholder’s identity.