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What is the Green Dot High-Yield Savings Account?

The Green Dot High-Yield Savings Account is a FREE feature that allows you to save up for a rainy day or a specific goal.

  • Interest is paid on money in the FDIC-insured High-Yield Savings Account every 12 months based on the average daily available balance of the prior 365 days, up to a maximum balance of $10,000.
  • On each account anniversary date, the calculated annual interest will be automatically added to your High-Yield Savings Account,
  • Savings Account Annual Percentage Yield of 2.00% is accurate as of 6/21/22, may change anytime. Fees on your primary deposit account may reduce earnings on your savings account. ​

Money in your High-Yield Savings Account cannot be spent on purchases or cash withdrawals. You can move funds in and out of your High-Yield Savings Account to your Cash Back Debit Card account balance as often as you like, subject to security limits. There are no additional fees to use the High-Yield Savings Account. 

See your Account Agreement for more information.