Here’s what I mean by negative balance on green dot prepaid cards: Can someone go negative – spend more money than currently loaded on your green dot prepaid debit card? Will it “bounce” or will it be declined? What if you have $200 but accidentally spent $250?

To answer these questions, keep reading as I’m about to show you several scenarios that might apply to negative balances on green dot cards.

Scenario #1 of negative balance on green dot cards: What happens if you spend more than what’s loaded on your card. I’ve met a number of people who have negative balances on their green dot prepaid debit cards. They told me they reloaded the card with $200 and went to do some shopping. But somehow, one thing led to another and they spent $300 instead! Can it happen? Yes, negative balances occur most often because the customer didn’t keep track of how much he/she was spending… or simply made an error in calculations (they thought there were still several hundreds left on their prepaid debit card but it turned out that once they added up all purchases, the total exceeded $200).

Here’s what you should do: You will be charged negative $50 to $100 (if your negative balance is below negative $100). Green Dot prepaid debit card has a policy to charge customer negative $10 plus the negative total. Let me explain this in detail.

Each transaction greater than $5 and overdraws your account by more than $10, up to a maximum of five overdraft fees per monthly statement period, is eligible for fees. Depending on your overdraft protection coverage, the fee for an overdraft could be greater at either $30 or $55 per time you go into debt.

Unlike traditional bank accounts, the Unlimited Cash Back Bank Account doesn’t charge overdraft or bounced check fees, has no minimum balance requirements and don’t have a monthly fee when customers spend $1,000 or more with their Unlimited Visa Debit Card.

Searching for the bank with the highest overdraft limit? The following banks offer daily limits that range from $216-$228: BB&T, SunTrust, BBVA Compass, and Regions Bank.

You can get a cash advance with your money card at any ATM, but there are some restrictions.

You can take up to $1,000 per day off your Green Dot card.

Yes, you can get a cash advance with your Green Dot card. However, there is a fee for this service. The fee is either $5 or 5% of the amount of the cash advance, whichever is greater.

To redeem your Green Dot cash back, simply log in to your account on the Green Dot website and click “Redeem Rewards.” You can then choose how you want to receive your rewards, either as a statement credit or a check.

There is no real way to overdraft a prepaid card. If you attempt to spend more money than you have on the card, the purchase will likely be declined. Some prepaid cards do offer overdraft protection for a fee, but this is not common.

Yes, you can overdraft DasherDirect card. However, we encourage our cardholders to stay within their spending limits to avoid unnecessary fees.

Yes, you can get a loan on your Green Dot card. However, the interest rates for these loans can be high, so it’s important to shop around for the best deal. Also, be sure to read the terms and conditions of any loan before you sign up, so you know what you’re getting into.

Yes, you can use an ATM with a Green Dot card. However, you may be charged a fee for using an out-of-network ATM.