Bankruptcy Forum

green dot cash cards

backtoblack
04-29-2007, 03:05 PM
Hi everyone! I'm new to this forum and this will be the start of many questions that I will soon be asking. I am starting to get back on track and have found out that I might be facing a judgment really soon.

To protect myself, I purchased a GreenDot Card and would like to know if it is considered a bank account. In case Citi-Bank raids my account I would like to know if the Greendot card would be raided as well since Greendot collects SS#.

Thank you in advance for any responses.

FilingOnMyOwn
04-29-2007, 06:52 PM
Just keep your money in cash. I've used the green dot card, and the fees are absolutely ridiculous. Not to mention its horribly inconvenient to use. In BK, cash is king.

SinkingFast
04-29-2007, 07:22 PM
I'm not big into anything that tracks me. Especially with my SSN.

Don't spend money needlessly on fees. Just pay cash.

backtoblack
04-29-2007, 07:43 PM
Thanks for the replies. The fees are ridiculus and for that reason I will stop using the card.

CindyLou
04-29-2007, 10:23 PM
Travelers check are a very safe way to keep money. Keep the receipts in a seperate location and then if you lose them or they are stolen you can replace them immediately. Also, they are not trackable and no one can touch them. This is the way I kept my paycheck safe for months before filing.