We've covered GoBank (and its competitor, Simple) rather extensively here at AP, but up until now, the service was invite-only. You may have seen GoBank's #gimmegobank campaign across Twitter for those who were seeking an invite, but as of today, the online-centric bank exits its beta program and is available for everyone.

During my time testing out the service, I was extremely impressed with how feature-rich and well thought-out the app was, as it allows essentially every aspect of the service to be tweaked and/or modified without ever touching a computer. It also features an intuitive bill-tracking system that allows you to keep up with your monthly responsibilities and better manage your finances. There's even a "fortune teller" feature that helps you decide whether or not you should make a specific purchase.

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Overall, GoBank has proven itself to be an excellent service, and is a step in the right direction towards completely mobile banking. If you're interested in giving it a shot, you can sign up here or simply wait for the updated app to hit Google Play later today.

GoBank Ready for the Masses: Award-Winning Bank Account Now Available on Mobile Phones Nationwide


  • Previously in beta, GoBank (@GoBank) is now generally available – anyone can open an account on the app from the Apple App Store or at GoBank.com; Update coming to Google Play soon.
  • New retailers on board for promotional distribution include Barnes & Noble College bookstores (in addition to previously announced Rite Aid).
  • National partnership formed with MetroPCS to distribute the GoBank mobile application across MetroPCS’s compatible Android device portfolio.
  • Lifetime’s “Project Runway” will feature GoBank in its 12th season, which premieres July 18.

Share it: Today @GoBank is Ready for the Masses: Award-Winning Bank Account Now Available on Mobile Phones Nationwide #readytoGO #gimmeGoBank

PASADENA, Calif.--(BUSINESS WIRE)--Ushering in the next generation of consumer banking, Green Dot Corporation’s GoBank (NYSE: GDOT) today announced it is open for general availability. Since January, GoBank has been an invite-only service for beta members. A GoBank account is an FDIC-insured bank account that is specially built for the smartphone generation—designed from the ground up to be opened and used on a mobile device.

Beginning today, anyone can sign up for GoBank on the app for iPhone or iPod Touch (available for download from the Apple App Store) or at GoBank.com (by clicking or tapping ‘JOIN’). GoBank is one of the few banks that let users sign up for an account right from a mobile app.

“Creating GoBank, the world’s first bank account designed to be used entirely from a mobile device, has been a labor of passion for everyone involved in the project. GoBank seeks to reinvent the traditional checking account in two key ways. Firstly, GoBank is a feat of technology that brings traditional bank accounts into the era of the app. Secondly, GoBank is a feat of consumerism that offers consumers a wide array of features and services with fair, simple and transparent pricing. We’re very proud of the product and are hopeful that consumers will be attracted to GoBank’s high tech/low price proposition,” said Steve Streit, founder and CEO of Green Dot Corporation (GoBank’s parent company).

National Promotions

GoBank has formed a national partnership with MetroPCS to distribute the GoBank mobile application across MetroPCS’s compatible Android device portfolio.

Also, leading up to July 4, GoBank will begin in-store promotions for GoBank. Rite Aid promotions are the first to launch, shortly followed by Barnes & Noble College bookstores and other previously announced retailers. Store partners will feature information on GoBank that includes an offer for a free custom GoBank debit card with the member’s choice of photo (a $9 value).

Digital Distribution and Marketing

To generate high-impact consumer buzz, GoBank will also be featured as the official financial sponsor on the upcoming 12th season of Lifetime’s “Project Runway,”premiering July 18. Throughout the season, contestants will utilize GoBank accounts showcasing the slide for balance feature, Fortune Teller, debit cards and person-to-person money transfers.

Additionally, GoBank will be digitally distributed by a number of companies, including WePay, Check, Tango Card and Rewardable.

GoBank’s Stand-out Features

  • Massive ATM Network: With one tap, members can locate fee-free ATMs in their immediate area among the GoBank network of more than 42,000 locations nationwide.
  • We Work for Tips: GoBank puts the power in the hands of its members, offering a “pay what you want” model, where members can elect to pay anywhere from $0 to $9 for their monthly membership fee (like a monthly tip). GoBank members get all of the same account features regardless of the amount they decide to pay GoBank every month. The other fees on the account are limited to a 3% foreign transaction fee, out-of-network ATM fees ($2.50 for a withdrawal and $1 for a balance inquiry), and if the member wants to customize their debit card or order a replacement custom card, it costs $9.
  • No Overdraft or Penalty Fees: GoBank has no overdraft fees and no minimum balance. The full overview of its simple fees can be found at GoBank.com/NoWorries.
  • Peek at Your Balance Without Logging In: The #1 reason a person logs into their bank account is to check their balance. GoBank allows members to use “Slide for Balance” on the app’s login screen to take at peek at their available balance without logging in (members opt into this feature).
  • Advice on Spending from the Fortune Teller (TM): “Remember that time you won the lottery? I don’t either.” This is a response a member might see from GoBank’s Fortune Teller if they try to spend beyond their budget. Fortune Teller cross-checks the price of an item with the member’s integrated GoBank budget, and if they can’t afford it they’ll be advised in real-time to pass on the purchase.
  • Send Money Instantly: Members can instantly send money at no charge via email or text message. If money is sent to a non-GoBanker, the person has the option to open a GoBank account or move the money out to PayPal.
  • Quick Account Set-Up: Compared to typically long processes associated with opening a traditional bank account, setting up a GoBank account can take just minutes. This includes the time it takes to create an optional custom Visa debit card with a member’s own photo.
  • Check / Payroll Deposit: GoBank has a variety of ways to deposit money into the account. Members can deposit checks by snapping a photo through the app. Direct deposit is available for paychecks, federal benefits or tax returns.
  • Adding Cash: GoBank members can add cash to their account at over 3,900 locations nationwide, by swiping their debit card.
  • Mobile Checkbook and Bill Pay: Members can pay any company or any person online or on their phone, and GoBank will mail a paper check to any recipient that doesn’t accept e-payments.
  • Money Vault: The Money Vault is an integrated bank account, with deposits insured by the FDIC, where members can easily put money away for savings. In real time, members can move money in and out for free.
  • Robust Account Alerts: Members can fine-tune a wide range of notifications about their money to fit their needs – with alerts about specific transactions, as well as overall account updates.
Cameron Summerson
Cameron is a self-made geek, Android enthusiast, horror movie fanatic, musician, and cyclist. When he's not pounding keys here at AP, you can find him spending time with his wife and kids, plucking away on the 6-string, spinning on the streets, or watching The Texas Chainsaw Massacre on repeat.

  • https://plus.google.com/106261148188435264925/about Aaron Echols

    Meh, I was with the IGN online banking for awhile, and to be honest, it's just a big pain. I won't be going back to online only banking again anytime soon.

    • Jeremy Powers

      I too used ING, GoBank is actually a bit nicer as you can deposit cash at any walmart.

      • https://plus.google.com/106261148188435264925/about Aaron Echols

        Yeah, that's ok, but I really don't want to spend any time at Walmart :)

  • http://www.Nave360.com Sebastian Gorgon

    GoBank Exits Beta, Is Now Available For Everyone... You forgot to say 'in US'

    • Cory_S

      Who else is there??

      • http://meatcastle.com/ Youre My Boy Bloo

        Basically just commies.

    • Meuk

      Sebastian has a point. I'm not reading AndroidPolice as much as I used to. The US-only apps and "deal alerts" are burying the real newsworthy articles and round-ups.

  • Cory_S

    I was just about to signup and give this a shot until I remember my wife makes a lot of cash deposits. She's a hair stylist and gets tipped mostly in cash. That's too bad, I like the concept.

    • Steven A.

      You can deposit cash at almost all walmarts nationwide just hand them the debit card they swipe it and deposit the cash.

      • Greg Lee

        That's how it's suppose to work. Actually, you hand the cash over and tell the cashier to reload the card and s/he tells you, "... I don't know how to do that. I've never seen that card before."

        I've learn the quickest and least problematic way to reload a Gobank card at Walmart is to only go to the Walmart Money Center or use the Walmart Money Center Express ATM, which all stores don't have. Then if you're lucky enough to find a store that does have MCE ATM there's a good chance that it may not be working that day.

        • Steven A.

          Just when you hand the card to them tell them that it is a new type of vanilla
          reload debit card. I havemt had a problem yet.

  • Jeremy Powers

    I have been using GoBank for awhile, so far i like it the easy balance access in the app is nice, fortune teller is fun to play with. Depositing cash at walmart is fast and easy, just do not try to do it at 5-6pm on a friday (long line). My only complaint is no mint.com or Quicken Support.

  • Evan

    I've been using GoBank for a while now, and it is not too bad. My biggest issue is their lack of any joint accounts. I reached out to customer service and they said there were no plans in the foreseeable future to implement any sort of joint banking/bill payments.

    I know Simple has joint accounts coming at "some point in the future", so I'm going to try to get an account there and see how it pans out.

    • Jaymoon

      Want an invite? (to Simple)

      • ThePhanein

        Yes, please! I've been waiting on an invite from simple that doesn't seem to be coming.

        thephanein (at) gmail.com

      • Evan

        Thanks, but I have one. I signed up for the Simple beta before GoBank, but GoBank got back to me first. Just got the Simple invite a few days ago and it was perfect timing.

  • Disqus Sucks

    Doesn't sound that great to me, my bank has $0 monthly fee, 0% foreign transaction fee, reimburses all ATM fees, can deposit checks and pay bills via my phone.

    • Royal2000H

      Is your bank Schwab? Schwab is excellent.

  • CJ

    Tempting ... but having to switch direct deposits from Chase to this just doesn't seem worth it. The slide to see the balance feature seems really neat tho. But not worth the hassle. Still, very tempting, even tho the Chase mobile app is already pretty nice.

    • Jeremy Powers

      The issue is if you move into a state that chase does not have a physical location you lose your account. I live in MN and i cannot open a chase checking account.

    • Evan

      You don''t have to use this as your only bank. I put my weekly "allowance" in to GoBank and use that for my discretionary spending. Anything I don't spend gets put in the vault. I get to keep myself on a budget and wind up saving up for whatever the next phone I want to buy is.

      • Derek Robinson

        Never thought of setting something up like that, I'll have to try. Do you have an automated system for putting your "weekly allowance" into your GoBank account?

        • Evan

          Most employers allow you to send direct deposits to multiple locations, so you can go that route.

          Also, if your bank doesn't charge for ACH transfers you can authorize the routing and account number for your GoBank account and set up an automatic transfer from your bank.

  • Timothy Bennett

    Does it support NFC?

  • ThatDude

    Nice but still doesn't compare to the Virtual Wallet app with PNC.

  • Greg Lee

    Gobank is okay. It will never replace a brick & mortar that has a good app and good website. I think it's primarily intended for the unbanked and underbanked. If a person can't get traditional checking account then Gobank is an alternative.

  • Carl G

    GoBank shut down my account without notifying me. They likely do this to others in a similar manner (http://press.gobank.com/post/55179110145/a-note-about-closed-gobank-accounts#notes). I believe my handling of my account was perfectly typical, and I received no useful explanation. If having your direct deposit delayed or bill payments bounced is no problem, then go with GoBank. Otherwise, stay far, far away.

    Oh, and they charged a me a $2.50 teller cash advance fee (not on their fee schedule) which was a major hassle to get removed.