How to deposit funds via bank transfers

One of the most secure ways to add funds to your PODERcard account is through bank transfers. In this post you’ll learn about what it is, how you can establish a transfer, and the limitations around it.

Transferring funds to your PODERcard account

By linking another bank account to your PODERcard account you can transfer money from that account for free*. You can set this up with a separate bank account you operate, or have friends, family and others send money from their bank account (possible fees apply when transferring funds from a non-linked account). 

You can set this up within the PODERcard app. See below for step-by-step instructions.

How to set up a bank transfer from your PODERcard account

Step 1. Log in to your PODERcard account, go to the “Payments” section and click on the “Bank Transfer” menu.

Step 2. On the next screen, click on “Add new account”.

Step 3. In the following screen you will see further information about how your information is handled securely and maintained private through the technology of our partner, Plaid. Click “Continue”.

Step 4. In the following screen you’ll find a list of banks. Select the external bank you’re going to transfer from and input the necessary information.

Step 5. Once you’ve linked your account, it will appear in the Accounts menu. To initiate a transfer, click on the account you’d like to transfer funds from. Note that you’ll only be able to link to one bank account at a time to your PODERcard account.

Step 6. On the following screen, you’ll be able to add the amount of money you wish to transfer. Add an amount and click “Transfer funds” to continue. Note that there’s a $20 minimum.

Step 7. You’ll now be prompted to confirm the amount you wish to transfer. Click “Confirm and transfer” to finalize the transaction.

The money’s sent at no cost, you’re good to go!

How to set up a bank transfer from an external bank 

Perhaps you may have friends or family who may want to transfer money from their bank account to your PODERcard, or you may have an external account already with another bank. 

In order to transfer funds this way, you’ll need your PODERcard routing and account number to set up the transfer. 

See below for step-by-step instructions. 

Step 1. Connect to the external bank (not PODERcard), or have your friends or family  members connect to theirs.

Step 2. Get the information that the bank will need - this is most likely your account and routing numbers, account holder name, as well as the issuing bank name. Make sure to confirm exactly what’s needed. 

To find your PODERcard account and routing numbers, log in to your account in the mobile app, visit the "Profile" section and click on "Accounts".

Step 3. Take note of your account and routing numbers, as well as the issuing bank name.

Step 4. Share the information with the bank or the people who will transfer the funds. Provide them with required information.

Frequently Asked Questions

Can I transfer funds outside of the United States?

You can only transfer money within the U.S.

How long does a bank transfer take?

Funds from a bank transfer will post in 3 business days. This excludes weekends and holidays. Transfer requests made after 8:00pm PST will have a transfer date of the next business day.

Can I link more than one bank account to my PODERcard account?

You will only be able to link to one bank account at a time to your PODERcard account.

Why was my bank transfer was declined?

There are a few reasons why your bank transfer could have been rejected:

• The bank account you are transferring from may not have enough funds in it to make the transfer.
• The bank account you are transferring from may be closed.
• The login credentials for the bank account you are transferring from have been updated.  In the event this happens, you will be asked to re-link your bank account with the updated login credentials.

If you need further assistance don’t hesitate to contact us. Find out how here.

*Other fees and limits may apply. See Deposit Account Agreement for details.

The PODERcard account opening is subject to identity verification by Green Dot Bank. 

Banking services provided by and PODERcard Visa® Debit Card is issued by Green Dot Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc. Visa is a registered trademark of Visa International Service Association. Green Dot Bank also operates under the following registered trade names: GO2bank, GoBank, Green Dot Bank and Bonneville Bank. All of these registered trade names are used by, and refer to, a single FDIC-insured bank, Green Dot Bank. Deposits under any of these trade names are deposits with Green Dot Bank and are aggregated for deposit insurance coverage. Green Dot is a registered trademark of Green Dot Corporation ©2022 Green Dot Corporation. All rights reserved.