Green Dot and UniRush Introduce RushCard Live, a New Prepaid Card Launching at Retail Stores Nationwide

  Green Dot and UniRush Introduce RushCard Live, a New Prepaid Card Launching
  at Retail Stores Nationwide

Business Wire

NEW YORK & PASADENA, Calif. -- April 8, 2013

Green Dot Corporation (NYSE: GDOT) – an industry-leading provider of low-cost
banking and payment solutions – and UniRush, LLC, co-founded by Russell
Simmons, today announced the launch of the RushCard Live Reloadable Prepaid
Visa®Card [www.RushCardLive.com], a new prepaid card that will begin rolling
out to thousands of Green Dot partner retailers nationwide and be available
for purchase later this month.

“The introduction of RushCard Live has the potential to significantly expand
UniRush LLC’s customer base by allowing consumers to purchase the card at many
of their favorite retailers around the country,” said Rob Rosenblatt, CEO of
UniRush LLC. “We are excited to partner with Green Dot to offer RushCard Live
at thousands of store locations that reach the vast and growing base of
consumers who are underbanked.”

“We believe that launching RushCard Live will be helpful in expanding our
overall category sales by providing our retailers with a differentiated and
innovative product with strong brand appeal,” said Steve Streit, Chairman and
CEO, Green Dot Corporation.

The RushCard Live Reloadable Prepaid Visa Card, issued by Green Dot Bank,
Member FDIC, is a convenient and cost-effective alternative to a traditional
bank account. RushCard Live, available only at retail, offers attractive
features, including: early payroll direct deposit, which enables customers to
receive their direct-deposited paycheck up to two days before payday;
pass-through FDIC insurance coverage up to the applicable limits; and a choice
of usage plans.

Additionally, RushCard Live customers have access to fee-free transactions at
more than 22,000 ATMs via the nationwide MoneyPass® ATM network, worldwide
merchant acceptance of Visa debit, online bill pay, and a mobile app which
includes real-time views of account balances and transaction histories. There
are no overdraft fees or credit card debt associated with the RushCard Live
Reloadable Prepaid Visa Card.

About UniRush, LLC

Co-Founded in 2003 by entrepreneur and philanthropist Russell Simmons,
UniRush, LLC, revolutionized the payments industry when it launched one of the
first prepaid Visa debit cards. RushCard provides instant access to a set of
basic financial services for millions of Americans who cannot or choose not to
establish a traditional banking relationship.For more information about
RushCard Live visit www.RushCardLive.com or
https://www.facebook.com/RushCardLive. For more information on the original
RushCard, please visit www.rushcard.com.

About Green Dot

Green Dot Corporation is a Bank Holding Company with a mission to reinvent
personal banking for the masses. Its market leading brand of prepaid debit
cards and prepaid reload services are available to consumers at more than
60,000 retail locations nationwide and online at greendot.com. The company is
headquartered in Pasadena, California with technology offices in Mountain
View, California and Westlake Village, California and its bank subsidiary,
Green Dot Bank, located in Provo, Utah. For more details, visit
www.greendot.com.

Forward-Looking Statements

This press release contains forward-looking statements, which are subject to
the safe harbor provisions of the Private Securities Litigation Reform Act of
1995. These statements include, among other things, statements regarding the
timeframe within which the card is expected to become available. Actual
results may differ materially from those contained in the forward-looking
statements contained in this press release. A wide-variety of potential risks,
uncertainties, and other factors could materially affect Green Dot's ability
to achieve the results expressed or implied by Green Dot's forward-looking
statements, and those risks and uncertainties are detailed in Green Dot's
earnings releases and other filings with the Securities and Exchange
Commission, including its annual report on Form 10-K, which is available on
Green Dot's investor relations website at http://ir.greendot.com. All
information provided in this release is as of April 8, 2013, and Green Dot
assumes no obligation to update this information as a result of future events
or developments.

Contact:

RushCard
Annie Malter, PMK*BNC
212-373-6139
annie.malter@pmkbnc.com
or
Green Dot
Chris Mammone, Investor Relations
626-765-2427
IR@greendot.com
 
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