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Reviews, Strategies to Save

BB&T CD Rates and Review

Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It has not been previewed, commissioned or otherwise endorsed by any of our network partners.

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BB&T’s website can leave CD investors wanting more, as the information regarding CDs is fairly basic. Although the bank’s website has as basic overview of certificates of deposit (CDs) stating it offers CDs with terms ranging from 7 days to 5 years with rate information, you need to navigate through a menu and choose your state of residence in order to view current rates.

We called BB&T branches and, on the same day, compared its CD rates with those at other banks and the national averages. After conducting this research, it’s not surprising to see that BB&T makes its CD rates hard to find — they aren’t very competitive.

BB&T CD products and rates

BB&T offers CD terms ranging from as short as 7 days to as long as 5 years. It has 24 CD options, each with different investment goals.

7-day to 60-month Personal CD

For short-term investments, BB&T offers CDs with terms ranging from 7 days to 60 months. These Personal CDs offer a fixed rate of return – annual percentage yield (APY) – along with the flexibility to focus on developing either a short- or long-term investment. It is worth noting that a higher minimum deposit, $2,500, is required for CDs that range for terms of 7 to 31 days.

CD Term


Minimum Deposit to Open

3 months



6 months



12 months



18 months



2 years



3 years



4 years



5 years



With the 7-day to 60-month BB&T CDs, there are no penalty-free options for withdrawing your funds before the CD matures. The early withdrawal penalty is the lesser of $25 or 12 months of interest for longer-term CDs. So with smaller initial deposits, early withdrawal penalties will negate any interest you may have earned.

Not only can you find better CD rates at other banks and credit unions for each of the terms BB&T offers, you can also usually secure those rates with smaller minimum deposits. You can see some of the top options in our monthly roundup of the best CD rates.

Can’t Lose CD

As the name of this product implies, whether rates go up or down, you can’t lose – in the broad sense of your investment accruing interest. However, the APY is so low you’re almost certainly going to lose money due to inflation on the longer-term CDs.

At the 12-month mark of this CD’s term, you may make one withdrawal without paying any fees. So if the market rate is higher than what you’re currently getting, simply withdraw the money and reinvest at a higher rate.

If, however, the interest rate you’re receiving is better than what’s currently available, you also have the option of making a second deposit into the Can’t Lose CD (up to $10,000). This locks in the rate for the new investment amount for the remainder of the term. Whether rates go up or down, you’re locked in for the higher rate.

CD Term


Minimum Deposit Amount

Withdrawal Penalties

30-month Can’t Lose



No penalty for one withdrawal after 12 months

Even when you consider locking in that higher rate, remember that you can find many CDs with better APYs than BB&T’s Can’t Lose CD, regardless of term.

Stepped Rate CD

Creating a CD ladder is a way to stagger your investments so can take advantage of increasing rates. With the Stepped Rate option from BB&T, laddering is built into the CD product. The initial CD starts out at a lower rate and increases each year. BB&T’s 48-month Stepped Rate CD tiers rates this way:











This particular product allows you to make an additional deposit each year (up to $10,000). So if the interest rate you’re receiving is better than the market, you can invest more money into your existing CD to make a higher return. But if the current CD market is offering better rates than your existing CD, you can simply take advantage of that offer and still make a higher return.

In addition, you may make a withdrawal from what you initially deposited into your Stepped Rate CD after two years. So, again, if the market changes dramatically, you may withdraw your money with no penalty and reinvest in a better option.

An alternative to using the bank’s stepped rate CD is to create a CD ladder on your own, choosing CDs with better rates than those BB&T offers.

Add On CD

The Add On CD option from BB&T offers a 12-month CD with an opening deposit of $100. You’ll need a BB&T checking account and a $50 automatic deposit every month from your checking account into the CD. To get a personal account, you’ll just need to set up direct deposit or maintain a $1,500 balance.

Note that the 12-month Add On CD product is not advertised on BB&T’s website. You need to visit a branch in order to open an Add On CD — contact the bank to learn about the current APY offered on this product.

CD Term

Deposit to Open


12-month Add-on


Greater of $25 or
6 months’ interest

Home Saver CD

If you’re in the market for a new home, and you want to earn a little more interest on the money you’re saving, consider the Home Saver CD. Starting with as little as $100, you’ll be able to deposit money earmarked for your new home every month. With this CD, as long as you’re withdrawing the money for use toward the purchase of your new home, you won’t pay any penalties for early withdrawal. But you will need a BB&T checking or savings account set up with a monthly deposit of $50 into your Home Saver CD.

Note that Home Saver CDs are not advertised on BB&T’s website, and you can only open them by visiting a branch. Contact the bank to learn about the current APY offered on this product.

CD Term

Minimum Deposit to Open

Withdrawal Penalties

36-month Home Saver


No penalty for home purchase

College Saver

The College Saver CD is meant for parents or students saving for college. It offers the benefit of starting at a higher APY with the flexibility of withdrawing the money up to four times per year to pay for the cost of attending school. As with the Home Saver CD, you’ll need to have a BB&T checking or savings account with an automatic monthly deposit of $50 into the College Saver. It offers terms of 36, 48 and 60 months.

Note that you must visit a branch to open College Saver CDs, and they are not advertised on BB&T’s website. Contact the bank to learn about the current APYs offered on these products.

CD Term

Minimum Deposit to Open

Withdrawal Penalties

36-month College Saver


No penalty for school costs

48-month College Saver


No penalty for school costs

60-month College Saver


No penalty for school costs

Treasury CD

This CD offers the ability to make additional deposits of at least $100 into your CD at any time and one monthly withdrawal without penalty.

The CD has a six-month term with a variable interest rate tied to the U.S. Treasury Bill — if the rate goes up, you’ll make more money, but if the rate declines, you’ll make less.

If Treasury Bills rise, this can be a great option if you have the $5,000 minimum deposit amount and want a short-term investment with the option to add or remove funds from the CD. You will need to make monthly deposits of $100, and the CD will automatically renew if not cashed out.


CDARS, which stands for Certificate of Deposit Account Registry Service, protects your principal and interest by making sure your money is placed into multiple CDs across a network of banks to keep your CDs insured by the FDIC (maximum limit for each CD is $250,000).

Other things to know about BB&T CDs

Can customers take advantage of rising rates once they’ve opened a CD?

BB&T has two CD options that allow you to take advantage of rising rates: the Can’t Lose CD and the Stepped Rate CD. Both allow you to make a withdrawal before the CD comes to maturity in case rates increase (certain terms apply). They also allow to make additional deposits in case rates drop and you want to invest more at the existing rate of your CD. However, the current rates on those products are very low, essentially negating the value of their flexibility.

About BB&T

BB&T (Branch Banking and Trust Co.) is a North Carolina-based bank with locations in 16 states – Alabama, Florida, Georgia, Indiana, Kentucky, Maryland, New Jersey, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, Washington and West Virginia – and the District of Columbia.

BB&T offers a mobile app for both iOS and Android devices. While its website is easy enough to use, finding specific information, particularly about rates, is difficult. The bank’s customer service number isn’t much help either, with most questions answered with a suggestion to visit a branch location. To find the BB&T branch closest to you, use its branch locator tool.

The bottom line

BB&T offers some flexible CD deals to its customers, but in general, better CD rates can be found at other banks and credit unions. You can find them on our list of the best CD rates, which is updated monthly.

Advertiser Disclosure: The products that appear on this site may be from companies from which MagnifyMoney receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). MagnifyMoney does not include all financial institutions or all products offered available in the marketplace.

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Auto Loan

Why You Shouldn’t Take Out an 84-Month Auto Loan

Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It has not been previewed, commissioned or otherwise endorsed by any of our network partners.

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Part I: The Truth About Long Term Auto Loans

When poor credit and high monthly payments are keeping you from buying the car you need, it may be tempting to lower your payments by signing up for a 72-, 84- or even 96-month term loan. Before you do, it’s important to know exactly what you’re signing up for — and be sure you’re making the right move for your finances.

Lower car payments with longer terms mean you’re paying more in interest, and loan companies love this for obvious reasons. Evidently, consumers do, too. In the first quarter of 2017, new car loans with terms from 73 to 84 months represented 34.9 percent of all auto financing. For used cars, they represented 19.5 percent.

Most of the big dealerships offer 84-month financing through banks like Ally Financial or Santander. Local dealers are also known to offer longer term financing offers, typically through third party financing companies, credit unions, or insurers like Nationwide.

Let’s take a look at what you’re getting into when you choose a longer term on your auto loan…

Note: These numbers don’t include tax, title, or registration, which will only increase the amount of interest you pay if you include those costs in the total amount you borrow. These numbers also don’t include any down payment or trade-in you may have, which will decrease the amount of the loan and the amount of interest paid.

5 reasons long auto loan terms are a bad idea

  1. More interest. As you saw in the example above, you’re going to pay a lot more interest on a car loan with a longer term. If you spend more than those average amounts on a new or used car, the amount of interest you pay is only going to go up.
  2. Your loan will outlast your warranty. Most manufacturer’s warranties last 3 to 5 years, so you’ll be paying on your loan for an additional 2 to 4 years after the warranty runs out. Which leads to…
  3. New car payment, old car repair costs. Think about this. You’re going to be making your car payment for the next seven years. With a shorter term, you’d have paid off your vehicle before you started paying for costly repairs. But with an 84-month loan, you’re going to be paying both your monthly loan and the inevitable repair costs that come with an older vehicle.
  4. Negative equity. Stretching out a car loan over time means you’re paying less on the principal and more in interest with each payment. As your vehicle continues to decline in value each year, you’ll continue to be upside-down on your loan unless you made a significant down payment.
  5. Unable to refinance. If you’re upside-down on your loan, meaning you owe more on your loan than the vehicle is worth, you’ll be unable to refinance your loan.

When it makes sense to get an 84-month auto loan

  • You absolutely can’t afford a car any other way. This is probably the number one reason why people choose longer terms on their auto loan. An 84-month auto loan will lower your monthly payment, allowing you to purchase that vehicle that otherwise would be just out of reach. However, you should consider whether you’re borrowing too much if you can’t afford the monthly payment on a shorter term loan. Can you compromise by buying a used car at a lower price point? Or, could you scrounge up more money for a larger down payment to reduce the amount you need to borrow?
  • You have higher interest debt to worry about. If you have other loans at a higher interest rate, it may make sense to get a lower monthly loan payment so you can free up capital each month. That way, you can use the extra money you’re saving to pay down higher interest loans.

How to make the most of a long-term loan

  • Compare rates. Companies like LendingTree and MagnifyMoney allow you to compare auto loan rates from multiple lenders. So you can make sure you’re getting the best deal and a low APR. (Disclosure: LendingTree is the parent company of MagnifyMoney)
  • Buy now, refinance later. If you’re absolutely bent on getting a certain car now, you can always choose to refinance down the road, when your financial situation improves.
  • Make a larger down payment. Getting out of a bad car loan can be difficult when you’re upside-down. By putting more down on your vehicle up front, you’ll prevent this from happening while saving money in interest and avoiding gap insurance.
  • Buy used. The average used car payment is $145 less than the average new car payment, according to Experian, so save yourself some money with a more affordable monthly payment by buying a used vehicle.

5 tips to lower your costs of borrowing

  1. Keep your car after it’s paid off. Once your car is paid off, keep it — especially if it’s reliable and gets good gas mileage.
  2. Make an extra payment each month. By paying an extra $100 per month, you could save $1,819 in interest and own your car in a little over five years when you buy a $30,534 new car with an 84-month loan. When it comes to that $19,126 used car, you’d save $1,598 in interest and pay it off in under five years.
  3. Compare rates. Shop around for the best rates, and get multiple offers from lenders to compare. A difference of 3 percent on your interest rate could save you $3,689 on that 84-month new car loan of $30,534 and $2424 on that $19,126 used car.
  4. Buy used. With used car payments an average of $145 less than new, you’ll save a lot when you buy used over new.
  5. Don’t finance extras. Pay up front for your license, tax, and registration. If you purchase an extended warranty or prepaid maintenance package, don’t finance those into your loan either.

Part II: Understanding the Auto Loan Process

84-month auto loan
Source: iStock

Most people do it backward — they go shopping for a car first, then shop for a loan. When you do this, you’re making yourself vulnerable to high-pressure sales associates and putting yourself at a disadvantage when it comes to financing your vehicle.

When you get pre-approved for auto loans before heading to a dealership, you have an understanding of how much money you can qualify for, so you’re not shopping for vehicles that are too expensive. You also have a loan amount and interest rate to compare any other financing that’s offered to you.

How to get pre-approved for an auto loan

You can get pre-approved with a bank, credit union, auto finance company, or dealership finance center.

  1. Research rates online. Many sites, like MagnifyMoney’s parent company, will offer auto loan rates online. It’s a good idea to check them out so you have an idea of what’s being offered. Keep in mind that your creditworthiness will affect the rates you’re able to qualify for, and the credit score for an auto loan is a little different from other loans.
  2. Gather your documents. Get everything you need together before calling or taking a visit to your lender. This may include:
    1. Personal information, like your name, address, phone number, and Social Security number.
    2. Employment information, like your employer’s name and address, your title and your salary
    3. Financial information, including what kind of credit you have available now, your current debts and your credit score.
  3. Apply. Choose a few lenders and apply online or in person for your auto loan.
  4. Get a quote. Once you’ve completed the loan application and you’ve been pre-approved, you’ll receive a loan quote showing how much you qualify for, the interest rate and the length of the loan. You can take this to the dealership with you when you’re shopping and use it as a negotiating tool.

For more information on your loan choices, check out these resources:

Getting a cosigner for an auto loan

Having a co-signer can help you qualify for a loan you wouldn’t otherwise get. As long as the co-signer has a strong credit score, it’s likely you’ll qualify for a better interest rate using a co-signer too. And making on-time payments on this type of loan will help build your credit.

The drawbacks of having a co-signer are that the cosigner is responsible for the loan if you fail to pay. If this happens, chances are you’ll negatively affect your relationship with whoever cosigned for you. If that’s a friend or family member, (which it usually is) look out! Think twice about the responsibilities of having a co-signer, and the importance of paying back the loan, so you don’t leave your cosigner on the hook for money you borrowed.

Understanding your auto loan contract

Here are some key terms you’ll need to know when it comes time to signing a contract.

  • Sticker Price – A manufacturer’s suggested retail price that is printed on a sticker and affixed to a new automobile
  • Purchase Price – This may be less than the sticker price, and is the price you agree to purchase the vehicle for from the dealer.
  • Amount Financed – This is how much money you are borrowing and the amount you’ll pay interest on. Be careful about financing extras into your loan, as doing so may put you upside-down in the vehicle.
  • Down Payment – An amount of cash provided at the time of vehicle purchase and credited toward the purchase price of the vehicle to reduce the amount financed.
  • Interest Rate – The amount of money charged for loaning money, expressed as a percentage of the Amount Financed.
  • Fixed-Rate Financing – With a fixed rate, your interest rate will never change and you’ll always pay the same amount each month.
  • Variable Rate Financing – A variable interest rate is subject to change and may increase your monthly payment amount.
  • Monthly Payment Amount – This is how much you’ll pay each month.
  • Finance Charge – This is a fee, charged by the lender, for extending you credit.
  • Annual Percentage Rate (APR)APR includes both the interest and fees expressed as a percentage, making it easier for you to compare multiple loan offers.
  • Term — This is the length of the loan expressed in months, usually 36, 48, or 60.
  • Extended Warranty Contract – An extended warranty covers the vehicle beyond the manufacturer’s warranty for a fee.
  • Guaranteed Auto Protection (GAP) – If you owe more than the car is worth, you’ll be offered GAP insurance, which will cover the difference if the vehicle is lost, stolen, or totaled.
  • DMV Fees – These may include title, license, and registration.
  • Title — The legal document proving ownership of a vehicle.

Auto loan contract traps

Here are few traps dealers can use against you. Know them so you can protect yourself and avoid getting ripped off

  • Rate mark ups. Your dealer is getting financing from a bank, and they mark up the rate, charging you an extra percentage or two when you could have just gone directly to the bank in the first place.
  • Yo-yo financing. The dealer says you’re approved and you drive away. Later, the dealer says you were denied, and asks for a larger down payment or increases the interest rate. If you refuse, you must return the vehicle, and the dealer may try to keep any deposit you made.
  • Falsified credit application. Sometimes dealers will falsify information on your credit application, like increasing your income, to help you qualify for a vehicle you wouldn’t otherwise qualify for. Be sure to check your credit application before signing.
  • Selling extras. Whether it’s GAP insurance, prepaid maintenance, or extended warranties, the dealership is going to try to upsell you on some extras to rack up the charges and, if you agree to roll it into your financing, increase the amount of interest you pay. Be careful when selecting these extras and make sure you understand what you’re getting and know it’s worth the expense.
  • Negative equity financing. If you owe more on your trade-in vehicle than it’s worth, dealers will try to offer you a deal where you roll the negative equity into your new auto loan.
  • Extra charges. Look over your contract for any extra charges. One way to spot these is if they’re pre-printed on the contract. Many of these charges are not required and can be negotiated down.

Using an auto loan to improve your credit

If you’re working toward improving your credit, there are two rules you must follow. And while going from good to excellent isn’t easy, there are a few ways your auto loan can help you improve your score.

  • Payment history. On-time payments are 35 percent of your FICO score, so paying your auto loan on time will help with your payment history.
  • Credit mix. Because having a mix of different types of credit (home loans, personal loans, credit cards) makes up 10 percent of your FICO, throwing an auto loan in there will certainly improve your mix.
  • Report to credit bureaus. Make sure the lender you’re working with reports your payments to the three major credit bureaus. Beware of “Buy here, pay here” dealerships who may or may not report your payments to the credit bureaus.

And if you want to prevent your credit from getting worse, make sure you don’t do any of the following:

  • Make late payments on your auto loan.
  • Stop making payments and get sent to collections or have your car repossessed.
  • Include your car loan in your bankruptcy (if applicable).

When it makes sense to lease vs. buy a car

If you’re taking out a longer term loan in order to lower the monthly payment, you may want to consider leasing as an option. There are some things you should know before leasing a car, especially if you’re comparing leasing to buying. And while leasing isn’t for everyone, it can be a viable alternative to taking out an 84-month lease. in fact, according to Experian data, the number of people taking out a lease continues to increase.

“Another reason why we see consumers increasingly choose to lease, is they’re generating around $100 lower payment. And the biggest difference is in non-prime, [where there’s a] $109 difference between a loan and a lease,” says Melinda Zabritski, senior director of sales at Experian.

The Pros and Cons of Leasing a Car


  • Lower monthly payment. The payment to lease is an average of $100 less than buying according to Experian’s 2017 report.
  • Warranty coverage. The average lease lasts 36 months and during that time, you’ll have full warranty coverage for anything that goes wrong with the vehicle.


  • Mileage penalties. Most leases have a limit on how many miles you can drive (10,000 per year for an average lease), and you’ll pay for additional miles you drive unless you secure an extra-mileage or unlimited-mileage lease upfront.
  • Wear-and-tear fees. Nicks, scratches, stains — they all amount to extra wear and tear on your leased vehicle, and you’ll pay for them at the end of your lease. So if you’re hard on your vehicles, buying may save you some money here.

The Pros and Cons of Buying a Car


  • Ownership. Once you’ve paid off your loan, the vehicle is yours.
  • No mileage penalties. Drive as much as you like, you won’t pay a dime for “extra” miles you drive like you would with a lease.


  • Maintenance and repairs. With ownership comes responsibility. In addition to being responsible for the maintenance, once the manufacturer’s warranty expires, you’ll be responsible for all any repair costs needed. That’s why some people consider buying an extended warranty.
  • Loss of value. Although you won’t pay fees for wear and tear, or extra miles you put on the car, those things will still lower the value of the vehicle when it comes time to sell it. And every year you own it, the value of the vehicle is likely to continue to decrease.

The Bottom Line: Is an 84-month auto loan ever a good idea?

In our opinion, no. Most people make the choice to take out a longer term auto loan in order to lower their monthly payments to afford the car they want. ‘Want’ being the operative word here. Chances are, you can purchase a less expensive car that would give you the same monthly payment. Although it’s difficult, putting your emotions aside can really help you make a financially sound decision when it comes to choosing the terms of your auto loan. If you know this is an area where you struggle, ask for help from a friend or family member who can be the voice of reason.

If you do choose to go with an 84-month auto loan, just understand that you’ll be paying more interest on your loan. And hopefully, you have a good job for the next seven years to help you pay for it.

Advertiser Disclosure: The products that appear on this site may be from companies from which MagnifyMoney receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). MagnifyMoney does not include all financial institutions or all products offered available in the marketplace.

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Uber Visa Debit Card From GoBank Review —A Solid Cash Back Checking Option for Drivers

Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It has not been previewed, commissioned or otherwise endorsed by any of our network partners.

Written By

Uber Visa debit card review
Source: Uber

The new Uber Visa Debit Card is a checking account tailor-made for Uber drivers and delivery partners. It’s a rewards checking account that gives you cash back and special discounts at a range of gas stations and certain auto service shops.

Unfortunately, unless you’re an Uber driver or delivery partner, you can’t sign up for this card. Check out our roundup of other good gas credit cards here.

In this review, we’re going to walk you through all the details on this card, including what kind of fees to expect, rewards, perks and other frequently asked questions. By the end, you should know if this card has a place in your wallet.

Who is the Uber debit card best for?

The Uber Visa Debit Card from GoBank is best for Uber drivers who want to get their Uber earnings faster and who want to save money on the things they’re already spending money on, like gas, car maintenance services and their mobile phone.

How to sign up

To sign up for an account, visit this registration page or go to your Uber driver portal and click “Instant Pay.” Follow the instructions to apply for your Uber Visa Debit Card from GoBank. Once approved, you’ll get your card in five to seven business days.

Rewards: At a glance

Make sure you opt into the rewards program in order to start earning cash back.

Once you sign up for the card, you must activate your card and opt into the reward program to start earning cash back or discounts at the participating merchants. Enroll here.

Then be patient. It may take up to 7 days for Cash Back to be deposited into your account.

Here’s a breakdown of the rewards:

  • Exxon and Mobil gas: 3% cash back
  • Other gas stations: 1.5% cash back
  • Walmart: 2% cash back on in-store and online purchases
  • Advance Auto Parts and participating Carquest Auto Parts locations: 10% cash back on auto part purchases with a $100 monthly maximum
  • Sprint: Pay your bill and receive 8% cash back with a $50 maximum per month per account. This offer ends on 2/20/2019, so take advantage of it while you can

Other perks

  • Jiffy Lube: 15% discount on select automotive maintenance services. This deal is valid at any Jiffy Lube U.S. location, however, batteries, tires, gift cards and e–gift cards are not included.
  • 24/7 roadside assistance from for $0.49 a month with sign-up. Register here to redeem the offer.
  • Free withdrawals at various ATM locations nationwide.
  • Cash-out earnings from Uber driving through Instant Pay up to five times a day free.

Fees and other fine print

The Uber Visa Debit Card from GoBank comes with relatively few fees, which sets it apart from many other checking account options out there. You won’t have to meet any minimum balance requirement, pay for a setup fee or even worry about overdraft fees if you qualify for their Back Up Balance Program (more details on that in the next section).

Annual fee: $0.
Monthly fee: $0
Setup fee: $0
ATM fee: $0 at participating ATMs; $2.50 at out-of-network ATMs and bank tellers, plus any fee the ATM owner or bank may charge
Foreign transaction fee: 3%

Overdraft fees: The Backup Balance Program

The Uber Visa Debit Card from GoBank has an interesting feature for regular drivers — the “Back Up Balance Program.” If you qualify for this program, GoBank may let you off the hook when you overdraw your account, so long as you don’t overdraw it by more than $100.

There’s more fine print about this program, which is a bit wonky but important to understand.

  • You must have completed 250 trips since you started driving with Uber AND you complete 80 trips every 30 days.
  • Once you’ve unlocked Backup Balance, you will have access to the feature for 30 days. If you complete 80 trips in those 30 days, you’ll maintain access; if not, you’ll regain access once you’ve completed 80 trips in the last 30 days.
  • The Back Up Balance Program only applies to inadvertent overdrafts solely made using your Uber Visa debit card.
  • Won’t apply to overdrafts made at an ATM, peer-to-peer transfers (like Venmo or PayPal, for example), bill payments, or any non-purchase transactions.
  • Even if you meet these requirements, GoBank still reserves the right to decide whether or not a transaction qualifies, saying “payment or authorization by us of overdrafts is not guaranteed.”

If you can jump through all those hoops, then GoBank will allow any overdrawn amounts up to $100 to be replenished from future deposits to your account.

Alternatives to the Uber Visa Debit Card from GoBank

When it comes to debit cards, there’s really nothing like the Uber debit card available for Uber drivers. Few checking accounts even offer rewards, let alone cashback rewards as lucrative as this card.

However, since only Uber drivers are eligible, what about the rest of us?

There are several reward credit cards, gas credit cards and travel credit cards worth taking a look at, especially for spending in other areas the Uber Visa Debit Card from GoBank doesn’t cover.

Advertiser Disclosure: The products that appear on this site may be from companies from which MagnifyMoney receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). MagnifyMoney does not include all financial institutions or all products offered available in the marketplace.