Go2bank is suitable for users who want early direct deposit and don't mind a potentially waivable monthly fee and overdraft fees. The Apple Card is better for those who prioritize cash back on Apple purchases, security, and no foreign transaction fees, but it lacks ATM access and overdraft protection.
| Attribute | Go2bank Debit Card | Apple Card (Debit Functionality) |
|---|---|---|
| Monthly Fee | $5, waived with payroll or government benefits direct deposit in the previous monthly statement period. | There is no monthly fee. |
| Minimum Balance Requirement | No minimum balance required to open an account online. | There are no minimum balance requirements. |
| Overdraft Protection/Fees | Up to $200 or $300 with opt-in and eligible direct deposits. $15 fee may apply to each eligible purchase transaction that brings your account negative. 24 hours to bring the balance to at least $0 to avoid the fee. Only applicable to debit card purchase transactions, and overdrafts are paid at Go2bank's discretion. No overdraft fee will be charged if the transaction is less than $5 or overdraws the account by no more than $10. | Apple Cash accounts have no overdraft/credit feature. |
| ATM Access and Fees | Free cash withdrawals at thousands of in-network ATMs nationwide within the Allpoint ATM network. $3 for out-of-network withdrawals, plus any additional fees the ATM owner or bank may charge. $0.50 fee for balance inquiries at out-of-network ATMs. | You cannot get cash back or use the Apple Card at an ATM. While Apple Pay can be used at some ATMs, fees may be charged by the ATM operator or your bank, similar to using a physical debit card at an out-of-network ATM. |
| Cash Back Rewards | Up to 7% cash back when you buy eGift Cards in the GO2bank app. Cash back is instantly added to your available balance. | 3% Daily Cash back on Apple purchases; 3% Daily Cash back at select merchants when using Apple Pay; 2% Daily Cash back on all other purchases made using Apple Pay; 1% Daily Cash back when using the physical titanium card. |
| Early Direct Deposit | Get your pay up to two days early or government benefits up to four days early with direct deposit. Early direct deposit availability depends on payor type, timing, payment instructions, and bank fraud prevention measures. | Not available |
| Mobile Banking Features | Pay bills, track spending, deposit checks, transfer money, and manage your account. Lock/unlock card, account alerts, and chip-enabled debit card. | The Apple Card can be managed from the Apple Wallet app. |
| FDIC Insurance | Funds in your GO2bank account are federally insured up to $250,000. | Eligible for FDIC insurance once the card is registered. Apple Savings accounts are serviced by Goldman Sachs Bank USA and are FDIC insured up to the maximum of $250,000. |
| Purchase Limits | You can make purchase and cash withdrawal transactions up to $10,000 per day. | Not available |
| Security Features (Fraud Protection) | Lock/unlock card, account alerts, chip-enabled debit card. Funds are protected from unauthorized charges on successfully activated cards; prompt notice is required. | Advanced Fraud Protection with rotating security code; Face ID, Touch ID, or passcode for authentication; Card number is not stored on the device or Apple's servers; Ability to lock a lost or misplaced titanium card; Stolen Device Protection. |
| International Transaction Fees | Not available | No foreign transaction fees. Any transaction or refund in a foreign currency will be converted to USD. |
| Card Customization Options | Not available | Free laser-etched titanium card is available upon request. |