Happy New Year!!!
Green dot gaffs retired military pay.
I woke up this morning and my retirement check has not been credited to my account. I tried to call green dot and some lady in INDIA could only tell me it is a holiday and check back in two days (Monday)
I am third gen military retiree and this is the first incident of my check NOT BEING available to me on the first of the month.
As a retired paymaster, I am aware the government sends out the deposit authorizations 5-10 days before the pay date. To me this simply means GREEN DOT is trying to excuse the New Year as an excuse to hold my money for three days. Several thousand (or hundreds of thousands) retiree checks times three days is a lot of money in accrued interest for green dot to pocket.
I am switching today and would advise everyone to do the same. If you tell me there is a fee, fine. If you withhold my money to save or make a buck, SHAME ON YOU. Which is it GREEN DOT!!