GoDaddy will hold your money for you, and the terms of that arrangement are more one-sided than most people expect from a thing called a “balance”. We read GoDaddy's own prepaid-account agreement on 21 October 2026. It wants USD 100 to open, holds the money in dollars only, pays you nothing while it sits there, charges you every wire fee in both directions, takes a Service Fee and up to eight weeks to give it back — and hands the balance to the authorities if the account goes quiet for three years. None of that is improper. All of it is worth knowing first.
GoDaddy Cash (formerly Good as Gold) prepaid account agreement, read 21 October 2026
godaddy.com/en-in/legal/agreements/good-as-gold-service-agreement - read logged out, from India, nothing purchased, no account funded
USD 100 minimum · dollars only · no interest to you · 3 years dormant and the balance is turned over
📅 Update log:
21 October 2026 — First publication. Source read the same day: godaddy.com/en-in/legal/agreements/good-as-gold-service-agreement, titled “GoDaddy Cash Terms of Service Agreement”, rendered in a headless browser, logged out, from India, with nothing purchased, no account funded and GoDaddy not contacted. Recorded from this read: minimum initial funding of USD 100; all transactions and the held balance in U.S. Dollars, with foreign-currency wires automatically converted; the account does “not accrue or pay interest for your benefit” and GoDaddy “shall be entitled to receive and keep” any interest that does accrue; balances of USD 2,000 or more requiring know-your-customer or know-your-business verification; the customer bearing all wire fees charged by their own bank, intermediary banks and GoDaddy's banks, incoming and outgoing, which GoDaddy says may reduce the amount credited; card fundings reversible within 180 days at no charge only while the balance covers the full amount; funds usable only through GoDaddy's checkout and only where they cover the entire purchase; the customer responsible for all account activity whether they initiated it or not; GoDaddy's stated right to terminate the account where it reasonably believes it is connected to fraud, excessive charges or illegal activity; refunds paid net of a Service Fee and taking up to eight weeks or more; and balances inactive for three years or more “for any reason” being turned over to the applicable authority. No figure is given by GoDaddy for the Service Fee, for conversion or for wire costs, and none is asserted here; no rupee equivalent of the dollar thresholds is given because the rate moves. The document carries no last-revised date that we could locate, so none is claimed. No wrongdoing by GoDaddy is alleged. Coverage checked first: no existing page covers this agreement; CashParking (a separate, earnings-side product) is covered elsewhere.
What the GoDaddy Cash agreement actually commits you to
GoDaddy Cash — the account GoDaddy's own agreement describes as “fka Good as Gold Account” — is a prepaid balance you fund in advance and then spend at GoDaddy's checkout. It is aimed at people buying in volume, and the terms are written accordingly.
Seven numbers carry almost all of the consequence. They are below, each with GoDaddy's own wording next to it.
| What | The figure | GoDaddy's own words |
|---|
| Minimum initial funding | USD 100 | “must be funded on an initial basis with no less than funds equivalent to one hundred ($100.00) U.S. dollars” |
| Currency of the account | U.S. Dollars only | All transactions are “conducted in U.S. Dollars” and the balance is “held in U.S. Dollars” |
| Interest paid to you | None | The account “will not accrue or pay interest for your benefit”; any interest that does accrue, GoDaddy “shall be entitled to receive and keep” |
| Balance that triggers identity checks | USD 2,000 | Balances of $2,000 or more “require GoDaddy to conduct know-your-customer or know-your-business verification actions” |
| Card funding reversal window | 180 days | Reversible at no charge only “as long as your GoDaddy Cash Account balance has sufficient funds to cover the full amount” |
| Inactivity before the balance is handed over | 3 years | An inactive balance “for three (3) years or more for any reason” is turned over to the applicable authority |
| Refund timing on closing the account | Up to 8 weeks or more | The balance is refunded “net the Service Fee” and “may take up to eight (8) weeks or more to reach you” |
The three-year line is the one worth remembering. It sits in a single paragraph near the end of the document and it says an inactive balance “for any reason” gets turned over to the applicable authority. That is escheatment — the ordinary, lawful unclaimed-property process — and no wrongdoing is alleged. It still means a forgotten balance stops being something GoDaddy's support team can give back to you.
Who pays for what, when the money moves
This is the part that matters most if you are funding from India. The account holds U.S. Dollars and nothing else, so an Indian customer is converting on the way in and, potentially, on the way out.
| Cost | Who bears it | What the agreement says |
|---|
| Currency conversion on funding | You | Wires can be sent in another currency but GoDaddy's bank account is in USD, so they are “automatically converted and deposited in U.S. Dollars”, and GoDaddy notes “exchange rate fees may” apply |
| Your bank's outgoing wire fee | You | You are “responsible for all fees charged by your bank” |
| Intermediary bank fees | You | Explicitly included — “intermediary banks” |
| GoDaddy's own bank's fees | You | “or GoDaddy's bank(s) including without limitation all forms of wire transfer fees, both incoming and outgoing” |
| Effect of those fees on your balance | It shrinks | GoDaddy states these fees “may reduce the amount of the mon[ey]” credited |
| Interest earned on your float | GoDaddy | Stated outright in the agreement |
| Service Fee on a refund | You | The refunded balance is paid “net the Service Fee” |
GoDaddy says outright that these fees “may reduce the amount” credited. So funding $100 does not reliably put $100 on the balance, and the agreement does not promise that it will.
We are not putting a rupee figure on any of this. GoDaddy gives no numbers for conversion, wire fees or the Service Fee in this document, the exchange rate moves daily, and we have not funded an account to find out. Anyone quoting you a precise cost to fund a GoDaddy Cash account is estimating.
The spending rules, in short
| Question | Answer | Where it comes from |
|---|
| Can I spend part of a purchase from the balance? | No | Purchases may not be made unless there are sufficient funds “to cover the entire” purchase at the time |
| Can I spend it anywhere but GoDaddy? | No | Use “can only be made through the GoDaddy purchase process at GoDaddy's website” |
| Can I add money whenever I like? | Yes | “Additional funds may be added to your GoDaddy Cash Account at any time” |
| Can I check the balance? | Yes | “at any time through your Account” |
| Who is liable if someone else spends it? | You | You are responsible for all activity “whether initiated by you” or not |
| Can GoDaddy close the account? | Yes, at its discretion | Where it “reasonably believe[s]” the account is connected to fraud, excessive charges or illegal activity, or that closing it is necessary to protect its interests |
| How will I be told about changes? | Email or platform notification | Continued use after a change “constitutes acceptance” |
The all-or-nothing rule catches people out. You cannot part-pay from the balance and top up with a card: the agreement requires sufficient funds “to cover the entire” purchase. A balance of $40 is of no use against a $45 renewal.
And the account is a closed loop — funds are spendable “only ... through the GoDaddy purchase process at GoDaddy's website”. If you are weighing this against simply paying by card each time, our pages on GoDaddy's refund policy and how GoDaddy prices renewals are the other half of that decision.
How this was read, and what the document does not say
Source: godaddy.com/en-in/legal/agreements/good-as-gold-service-agreement, read on 21 October 2026 in a headless browser, logged out, from India, with nothing purchased, no account funded and GoDaddy not contacted. The document's own title is “GoDaddy Cash Terms of Service Agreement”; the URL still carries the old Good as Gold name.
Every quotation above is from that document and is reproduced as written. Where we have summarised rather than quoted, the quotation sits alongside so you can check the summary against it.
What the document does not give, and we therefore do not: any figure for the Service Fee deducted from a refund; any figure for conversion or wire costs; any rupee equivalent of the $100 minimum or the $2,000 verification threshold; and any “last revised” date that we could locate, so none is claimed here. We also did not open an account, so nothing here is a report of how the process behaves in practice — only of what you are agreeing to.
No wrongdoing by GoDaddy is alleged. Prepaid balances that earn the merchant rather than the customer, KYC thresholds on larger balances, and escheatment of dormant funds are all ordinary and lawful. GoDaddy states each of them plainly in its own agreement rather than burying them, which is more than many merchants do. This page exists because the terms are consequential, not because they are improper.
Should you use it?
We are not going to tell you yes or no, because it depends entirely on volume. If you renew dozens of domains a year and the alternative is dozens of card transactions, a funded balance is a reasonable administrative convenience and the terms hold no surprises once you have read them.
If you own two domains, the case is weak. A $100 minimum, no interest, conversion and wire costs on the way in, a Service Fee and up to eight weeks on the way out, and a three-year clock running against a balance you may forget about — that is a lot of friction to avoid typing a card number twice a year. Whatever you decide, do not pre-fund more than you expect to spend.
Frequently Asked Questions
What is GoDaddy Cash, and is it the same as Good as Gold?
Yes — GoDaddy Cash is the current name for what used to be called the Good as Gold Account, and GoDaddy's own agreement says so: it defines the “GoDaddy Cash Account” as “fka Good as Gold Account”. It is a prepaid account: you move money into it in advance, and then spend that balance on GoDaddy products at GoDaddy's checkout. The agreement describes it as “GoDaddy's prepaid services program that allows you to transfer funds into an account with GoDaddy ... and then use said funds to purchase GoDaddy products and services”. It is not a credit facility, a wallet you can spend elsewhere, or a deposit that earns anything. It is useful mainly to people buying in volume — resellers, agencies, anyone running a lot of domain renewals — which is roughly who the $100 minimum and the $2,000 verification threshold are written for.
Does a GoDaddy Cash balance earn interest?
No, and the agreement is unusually direct about where that interest goes. It states that funds “will be held in an account by GoDaddy, which will not accrue or pay interest for your benefit”, and then adds: “To the extent interest, if any, may accrue, you understand and agree GoDaddy shall be entitled to receive and keep any such amounts.” This is completely ordinary for a prepaid merchant balance and we are not suggesting otherwise — float economics are how most stored-value programmes work, and GoDaddy is stating the position plainly rather than hiding it. The practical point for you is simply that money sitting in a GoDaddy Cash account is money not earning anywhere else, so there is no reason to pre-fund more than you expect to spend reasonably soon. That is doubly true given the three-year inactivity rule below.
What happens to my balance if I stop using the account?
After three years of inactivity, GoDaddy hands the money over to a government authority. The agreement says that where a customer has a positive balance — in-store credits, a GoDaddy Cash Account or otherwise — “that has been inactive for three (3) years or more for any reason, then GoDaddy shall turn over such account balance to the applicable” authority. This is escheatment, the standard unclaimed-property process, and it is a legal obligation rather than a penalty — no wrongdoing is alleged and the money is not simply kept by GoDaddy. But it does mean a forgotten balance stops being yours to spend at GoDaddy, and recovering it afterwards means dealing with a US state's unclaimed-property office rather than with GoDaddy's support team. If you have a dormant balance, the sensible move is to spend it or close the account rather than leave it. Note the phrase “for any reason” — the clause does not carve out customers who simply had nothing to buy.
What does it cost an Indian customer to fund a GoDaddy Cash account?
More than the headline, and the agreement does not give a figure for any of it. Three charges stack up. First, conversion: the account holds only U.S. Dollars, and GoDaddy states that a wire sent in another currency is “automatically converted and deposited in U.S. Dollars”, noting that “exchange rate fees may” apply. Second, wire fees — all of them, in both directions: you are responsible for “all fees charged by your bank, intermediary banks or GoDaddy's bank(s) including without limitation all forms of wire transfer fees, both incoming and outgoing”. GoDaddy explicitly warns these fees reduce the money that actually lands in the account. Third, a Service Fee on the way out, if you ever close the account and ask for the balance back. We cannot tell you what any of these come to, because GoDaddy does not state them in this document and we have not funded an account to find out. We are also not converting the $100 minimum into rupees, because the rate moves and the agreement gives no conversion.
Can I get my money back out?
Yes, but not quickly and not in full. The agreement says that if the account is terminated, or you request a refund of the amount in it, “the balance in your GoDaddy Cash Account will be refunded, net the Service Fee”, and that “such refund may take up to eight (8) weeks or more to reach you”. Separately, money you put in by card can be reversed within 180 days at no charge — but only “as long as your GoDaddy Cash Account balance has sufficient funds to cover the full amount”, so spending the balance down closes that route. Two practical consequences. A GoDaddy Cash balance should be treated as committed spending rather than as savings parked somewhere convenient. And if you are going to reverse a card funding, do it before you spend the money, not after. None of this is unusual for a prepaid merchant account; it is simply not what people assume a “balance” behaves like.
Prices & codes last verified: October 21, 2026
Zoutons earns affiliate commission on some links on this page. It costs you nothing and it does not decide what we write. Every figure and quotation above comes from GoDaddy's own published agreement at godaddy.com/en-in/legal/agreements/good-as-gold-service-agreement, read on 21 October 2026, logged out, from India, with nothing purchased, no account funded and GoDaddy not contacted. We have not opened or funded a GoDaddy Cash account, so nothing here reports how the process behaves in practice. GoDaddy does not state the amount of the Service Fee, the cost of currency conversion, or any wire-transfer fee in this document, and we do not assert any of them; nor do we convert the USD 100 minimum or the USD 2,000 verification threshold into rupees, because the agreement gives no conversion and the rate moves daily. NO WRONGDOING BY GODADDY IS ALLEGED. A prepaid balance whose float benefits the merchant, identity checks above a threshold, and the escheatment of dormant balances to an unclaimed-property authority are all ordinary and lawful, and GoDaddy states each of them openly in its own terms. This is a summary, not legal advice, and it is not a substitute for reading the agreement itself. Terms can change at any time — GoDaddy reserves the right to revise this agreement, with continued use counting as acceptance — so what GoDaddy publishes at the moment you act prevails over anything here.