Global Statistics

Step-by-Step Instructions for Claiming GO2Bank’s Referral Bonus

GO2Bank, a popular mobile bank, is offering an attractive signup bonus of $100 to new users who open an account using a referral link and fulfill certain conditions. If you’re interested in earning this bonus, here’s what you need to do: use a referral link, which you can easily obtain from a current GO2Bank user or by using our referral link provided below, to open a new GO2Bank account. Next, make a direct deposit of $200 or more within 45 days of opening your account. Once you’ve completed these requirements, your bonus will be credited to your account within 48 hours.

While this bonus program is straightforward, there are some important details to be aware of when opening a GO2Bank account. In this post, we’ll provide you with a step-by-step guide on how to earn your GO2Bank referral bonus, and we’ll also cover some additional tips and strategies that can help you maximize your earnings.

To begin, you’ll need to use a referral link to open your account. This referral link can be easily obtained from a current GO2Bank user or by using our referral link, which we’ve included in this post. After opening your account, you’ll need to make a direct deposit of at least $200 within 45 days. It’s important to note that not all direct deposits will qualify – make sure to check with GO2Bank to ensure that your deposit meets the requirements.

Once you’ve met the direct deposit requirement, your bonus will be credited to your account within 48 hours. From there, you can use your bonus funds as you wish. Keep in mind that the GO2Bank referral bonus program has some restrictions, such as one bonus per account and household, and the terms and conditions may change over time. So, make sure to read the fine print carefully.

GO2Bank Referral Bonus Step-By-Step Guide

Here’s exactly how to earn your GO2Bank referral bonus:

1. Open Your GO2Bank Account Using A Referral Link. The first thing you’ll have to do is open a GO2Bank account using a referral link. Here is my referral link if you’d like to support this blog.

Opening the account is straightforward. You can either do it on your phone or you can do it on your computer. I opted to open the account on my computer. You’ll need to upload a picture of your driver’s license, but you can do that on your computer by taking a picture with your phone and then saving it on your computer.

The application process is straightforward and most people should get approved immediately after submitting their application. There’s no minimum funding amount, so you don’t need to immediately fund the account when you open it.

2. Complete A Direct Deposit Of $200 Or More Within 45 Days Of Account Opening. Once you’ve opened your GO2Bank account, the next thing you’ll need to do is complete a direct deposit of $200 or more within 45 days of opening your account. To do this, you’ll need to get your account number and routing number, which you can find on your account page.

go2bank referral bonus

At the moment, it looks like you’ll need a real direct deposit to trigger the bonus. My wife uses Gusto for her payroll system, so we’re easily able to change her direct deposits to different banks. If you have a similar payroll system that makes it easy to switch where your paycheck goes, then this bonus is an easy one that you can do.

Unfortunately, at the moment, there doesn’t seem to be any easy way to get around the direct deposit requirement. If I learn of any, I’ll update this post. For now, you should assume that you need a real direct deposit to qualify for this bonus.

3. Your Bonus Should Post Within 48 Hours Of Meeting The Direct Deposit Requirement. The bonus terms state that your bonus will post within 48 hours of meeting the direct deposit requirement. However, some people have indicated that their bonus didn’t post within the 48-hour timeline and they ended up having to message customer support.

If you did a real direct deposit and don’t see your bonus post within 48 hours, I’d send a message to their customer support people and they should immediately post your bonus. Obviously, if you didn’t do a real direct deposit, don’t contact them.

Earn $1,500 Per Year Of GO2BankReferral Bonuses

One nice thing about GO2Bank is they give you referral bonuses for referring new users. On the referral page, you’ll see your referral link, which you can give to your friends and family.

You can earn up to $1,500 of referral bonuses per calendar year, which is pretty nice if you have a bunch of people you can refer. If you’re a two-person household, I recommend opening your GO2Bank account first, then referring your partner using your own referral link.

Other Things To Know About GO2Bank

Here are a few things you should know when opening a GO2Bank account:

There Is A Waivable Monthly Fee. One negative with GO2Bank is they charge a $5 monthly fee unless you have a monthly direct deposit into your account. Notably, however, the direct deposit can be for any amount, so even a $1 monthly direct deposit will waive this monthly fee.

I’ve set up a $1 direct deposit with Gusto to avoid this monthly fee. If your payroll company lets you do direct deposits for small amounts like this, then that’s an easy way to avoid the monthly fee.

You Can Close The Account Anytime You Want. Some banks require you to keep your account open for a set amount of time, but GO2Bank doesn’t have that requirement. If you want, you can simply close your account after getting your bonus and moving the money out of the account.

The reason you might want to keep your account open is to be able to refer other people, but if you don’t have an easy way to avoid the monthly fee, you might not have a choice and I’d recommend closing the account as soon as you can.

To Withdraw Money, Link GO2Bank Using Your External Bank Account. There doesn’t seem to be an easy way to transfer money out of your GO2Bank account from the GO2Bank app or website. However, this doesn’t matter, as you can easily link GO2Bank with your external bank account.

To do this, go to your regular bank’s website, then link GO2Bank to it using your GO2Bank account number and routing number. Then initiate your withdrawal from GO2Bank using your regular bank’s website.

This Isn’t A Good Bank. I want to be upfront that I don’t consider GO2Bank to be a good bank account. The fact that some people have had issues with the bonus not posting automatically is annoying. I find when banks do this, it’s because they hope some people will forget about the bonus.

In addition, the fact that GO2Bank charges a monthly fee unless you have a monthly direct deposit is a dealbreaker for me in terms of using this account as a regular bank account. My rules for any bank account that I’m actually going to use is it has to be completely free and have no minimum balance requirements. GO2Bank fails on that front since they charge a monthly fee, albeit a waivable one.

Final Thoughts

GO2Bank is an easy bank bonus that I recommend people take advantage of if they have an easy way of meeting the direct deposit requirement. I like that it’s easy to open the account and that the bonus pays out quickly. There are a lot of banks out there that can be a pain to open and that take months to pay out.

A 2-person household should consider taking advantage of this bonus because of the referral option. By opening an account and then referring a partner, you can more than double your earnings.

I hope this guide was helpful. If you have any questions or data points you’d like to share, please feel free to leave them in the comments below.

Hot Topics

Related Articles