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In 2007, Green Dot raised $20 million in funding, [6] including Sequoia Capital as an investor. In 2008, Green Dot ceased to offer prepaid Discover cards. [7] On July 30, 2019, Green Dot launched the Unlimited Cash Back Bank Account, offering 3% cash back as well as a savings account offering 3% interest [8] known as the Unlimited cashback account.
In 2002, Rite Aid became the first large retailer to sell Green Dot cards. By 2010, over 50,000 retail stores sold Green Dot products. [9] In 2004, Green Dot created the first "cash to debit card reload network," in which any prepaid card issuer could have their customers load money onto their debit card from any Green Dot retailer. [9] [10]
Green Dot and UniRush Introduce RushCard Live, a New Prepaid Card Launching at Retail Stores Nationwide NEW YORK & PASADENA, Calif.--(BUSINESS WIRE)-- Green Dot Corporation (NYS: GDOT) - an ...
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Other topics might include reasons people would opt for a green dot card, and its advantages and disadvantages over normal cards. Pseudomorph 17:13, 30 May 2007 (UTC) I added a paragraph of explanation. There's more in Stored-value card, but that's an ugly article, and probably not a good place for discussion of prepaid credit cards.
Green Dot Corp., a company that partners with Walmart to sell prepaid debit cards at the retail giant, has been fined $44 million by the Federal Reserve for "numerous" alleged failures that harmed ...