cost of cash

What’s Costing Americans Money

June 16, 2016 by rapid! PayCard

Is cash still king? It may advantage a home buyer in a bidding war, but the question is: Is cash cost-effective? And is the study released by Tuft’s University in 2013, a trend? According to their The Cost of Cash in the United States, “using cash as opposed to a debit or credit card is costing consumers and businesses both time and money. Specifically, Tufts estimates that using cash increased businesses costs by $55 billion in 2013, with retail theft being the largest single factor. It also lent to $101 billion in missed tax revenue because of off-the-books transactions. Ultimately, using cash over credit cost U.S. households $43 billion, with… Read More

Online Privacy Statement

The rapid! PayCard® Mastercard® Payroll Card is issued by Green Dot Bank, Member FDIC, pursuant to a license by Mastercard International Incorporated. The use of this Card is subject to the terms and conditions.

The rapid! PayCard® Visa® Payroll Card is issued by Green Dot Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc. This card can be used everywhere Visa debit cards are accepted.

The Savings Account is established by Green Dot Bank, Member FDIC.

The rapid! PayCard blog and any information contained within do not reflect the views of Green Dot Bank or Mastercard or Visa, nor are they endorsed by Green Dot Bank or Mastercard or Visa.

The rapid! PayCard® Mastercard® is issued by Pathward®, N.A., Member FDIC, pursuant to license by Mastercard International Incorporated. Prepaid card can be used wherever Debit Mastercard is accepted. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.

The rapid! PayCard® Visa® Payroll Card is issued by Pathward, N.A., Member FDIC, pursuant to a license from Visa U.S.A. Inc. This card is accepted everywhere Visa debit cards are accepted.

The Savings Account is established by Pathward, N.A., Member FDIC.

The rapid! PayCard blog and any information contained within do not reflect the views of Pathward, N.A. or Mastercard or Visa, nor are they endorsed by Pathward, N.A. or Mastercard or Visa.

Green Dot Bank operates under the following registered trade names: GoBank, GO2bank 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.