Go2Bank Secured Credit Card Reviews: Is It Worth It? (2024)Reviews, rates, fees, and customer service info for The Go2Bank Secured Credit Card. Compare to other cards and apply online in secondsJohn KiernanWalletHubNo membership feesQualify with bad creditHigh regular APRForeign feeRequires security deposit
This card has been scored using WalletHub’s proprietary credit card rating system. We evaluated this card for various cardholder needs and picked the rating for the need with the highest score, which is "Rebuild Damaged Credit by Paying in Full Each Month." A score of 5 is the best a card can receive, and the rating for the card may vary on different pages where it is compared to other cards for different needs.
Go2Bank Secured Credit Card has a rating of 3.4/5 according to our proprietary credit card rating system. This rating reflects how appealing Go2Bank Secured Credit Card's terms are compared to a pool of more than 1,500 credit card offers tracked by WalletHub. We evaluated this card for various cardholder needs and picked the rating for the need with the highest score, which is 'Rebuild Damaged Credit by Paying in Full Each Month'. To break it down further, Go2Bank Secured Credit Card earned a score of 5.0/5 for Fees, 0.0/5 for Rewards, 3.3/5 for Cost, and 4.1/5 for User Reviews. Info about the Go2Bank Secured Credit Card has been collected by WalletHub to help consumers better compare cards. The financial institution did not provide the details.
WalletHub Rating Breakdown
User Reviews
4.1/5
22 reviewsRead and write reviews
Market Comparison
Market Comparison
3.4
The Market Comparison is a key component of the WalletHub Rating, as it measures how appealing the terms of a card are compared to a pool of over 1,500 credit card offers monitored by WalletHub. To ensure cards are evaluated for their most relevant purpose, we score each card across various cardholder needs and select the rating for the need with the highest score, which is “Rebuild Damaged Credit by Paying in Full Each Month” for this card.
Fees
5.0
Rewards
0.0
Cost
3.3
Other Features
2.7
3.4/5
Compared against 1,500+ credit cards
KEY TERMS
Accepted Credit Scores
Accepted Credit Scores
Bad Credit
Minimum Security Deposit
$100
Fees
One-Time Fees→$0
Annual Fee→$0
Monthly Fee→$0
APR on Purchases
22.99%
Go2Bank Secured Credit Card's Additional Info
Available only to existing GO2bank accountholders with direct deposits totaling at least $100 in the past 30 days.
Set up ASAP Direct Deposit™ on your GO2bank account, and receive direct deposits totaling at least $100 in the past 30 days.
Easily apply for a GO2bank Secured Credit Card within the app.
Make an initial refundable security deposit of at least $100 to set your credit limit.
GO2bank reports your credit standing to the three major credit bureaus every month.
No credit check or impact to your credit when you apply.
This card has been scored using WalletHub’s proprietary credit card rating system. We evaluated this card for various cardholder needs and picked the rating for the need with the highest score, which is "Rebuild Damaged Credit by Paying in Full Each Month." A score of 5 is the best a card can receive, and the rating for the card may vary on different pages where it is compared to other cards for different needs.
User Reviews
4.1
Market Comparison
3.4
fees: 5.0
rewards: 0.0
cost: 3.3
Other Features: 2.7
3.8WalletHub Rating
WalletHub Rating
3.8
This card has been scored using WalletHub’s proprietary credit card rating system. We evaluated this card for various cardholder needs and picked the rating for the need with the highest score, which is "Rebuild Damaged Credit by Paying in Full Each Month." A score of 5 is the best a card can receive, and the rating for the card may vary on different pages where it is compared to other cards for different needs.
Editor’s Rating
5.0
User Reviews
3.6
Market Comparison
3.6
fees: 5.0
rewards: 0.0
cost: 3.3
Other Features: 3.8
4.7WalletHub Rating
WalletHub Rating
4.7
This card has been scored using WalletHub’s proprietary credit card rating system. We evaluated this card for various cardholder needs and picked the rating for the need with the highest score, which is "Improve Credit by Paying in Full Each Month." A score of 5 is the best a card can receive, and the rating for the card may vary on different pages where it is compared to other cards for different needs.
Can't find what you are looking for? Submit your question about Go2Bank Secured Credit Card to our community. Editorial and user-generated content is not provided, reviewed or endorsed by the issuer of this offer. Please keep in mind that it is not a financial institution’s responsibility to ensure all posts and questions are answered. In addition, WalletHub independently collected information for some of the cards on this page.
Yes, the Go2Bank Secured Credit Card is a good card for people with bad credit who would like to build their credit score. It has a $0 annual fee and it only requires a minimum security deposit of $100 to open the account. Also, applying for it will only result in a soft pull on your credit.
Just keep in mind that the Go2Bank Secured Credit Card is only available to existing GO2bank accountholders.
To get a Go2Bank Secured Credit Card credit limit increase, log in to your online account and select your card from the dashboard. Then, go to "Menu," select "Adjust your credit limit" and then "Increase my credit limit" to start the process.
Be prepared to provide information about your monthly income and expenses. If approved, you'll have the opportunity to add more money to your security deposit, up to the approved credit limit increase.
Here's How to Pay Your Go2Bank Secured Credit Card
Online: Log in to your online account. After that, click on ">" in the top right corner of the secured credit card section and select the payment tile. You can also set up auto-pay from within your secured credit screen by clicking on "Set...
The starting credit limit for the Go2Bank Secured Credit Card is $100 or more. Everyone who gets approved for a Go2Bank Secured Credit Card is guaranteed a credit limit of at least $100, though each person's exact starting credit limit will depend on how much of a security deposit they put down. When you first open the secured card, the amount of your security deposit will be your credit limit. The minimum security deposit required to open a Go2Bank Secured Credit Card account is...
The maximum amount that you can deposit for your Go2Bank Secured Credit Card cannot be higher than your credit limit. So, for example, if you're approved for a $5,000 credit limit, then the maximum amount that you can deposit is $5,000.
You don't have to deposit the maximum amount at once, though. You can do it gradually, in increments of at least $1. The initial deposit required to open the account, however, cannot be less than $100.
You can reach the Go2Bank Secured Credit Card customer service by calling (855) 459-1334. Provide your card number or SSN and then follow the instructions given by the automated service. This process will get you in contact with a live Go2Bank representative who should be able to answer your questions or direct you to the appropriate department.
How to Reach the Go2Bank Secured Credit Card Customer Service by Phone
Call the Go2Bank customer service phone number at...
Yes, you can rent a car with your Go2Bank Secured Credit Card, as long as you have enough available credit. Secured credit cards aren't the best option for car rentals, though, considering their low credit limits. For this purpose, you might want to use an unsecured card, or choose an alternative payment option that doesn't include a credit card.
Share your insights and review for the Go2Bank Secured Credit Card
5
55%
4
27%
3
9%
2
0%
1
9%
4.1
11 reviews
11 reviews
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Michael W Guy @3faceswest
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4 Star Rating
I have to say this is a wonderful credit card and highly recommend, Let's you build up your credit, you can also increase your credit limit or decrease.
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0
John @johnd_374
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5 Star Rating
Verified Customer
I really liked the GO2bank checking account until I stopped using it as much as I used to. Once I slowed down on how much I had going direct deposit every 2 weeks, they took away my $200 overdraft line of credit and they also started charging me a monthly fee for not having direct deposit. For this reason, I think they suck!
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0
0
Felecia @feleciamuse
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5 Star Rating
This account was compromised hacked identity theft I love the bank but I will not pay for something I didn’t do are charge please help me fix it the last transactions was not me . I just married and Jones is not me and muse is not my name anymore
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0
0
anthonynguyen19912024 @anthonynguyen19912024
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4 Star Rating
the fact very good care to build credit or no credit only once things problem never report to 3 majors credit bureaus in time that the problem need to be fix and do better .
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0
1
amandainink @amandainink
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1 Star Rating
Verified Customer
I have had a direct deposit over 100$ just a few days ago but it won't let me apply the button is not highlighted so I can click on it & i can't find out why from the chats I have had the account for at least 6 months though I just recently started using it.
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0
0
Melissa @rmtootles
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5 Star Rating
I love my card and the coustmer service is great. So give go 2 bank a try you won't regret it. I love this bank they try to help with
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1
2
Stephanie Carmichael @carmicstephanie73
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5 Star Rating
Made it easy to open an account and my first card also helping me build my credit so I can have some kinda positive credit and not none
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0
2
Roberto L Alcala @robertoalcala598
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5 Star Rating
It’s a good card if u have a debit card with them, and makes it really easy to make payments on the card, I would recommend it to everyone that I know
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0
3
Rashaad @rashaadneal81
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5 Star Rating
Best debit card I’ve had period helps build my credit and good overdraft fees. Not a big hassle, billing is ok an they tell u what u need to do to build up your credit thanks GO2bank for giving me a second chance
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0
3
Christopher @c64a85s
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4 Star Rating
The go2bank secured credit card was the first credit card that gave me credit, and I got to more than double my credit limit within 2 months.
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