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Square Card: What's your experience?

The title of this thread has been edited from the original: Square Card

 

Has anyone gotten and begun using the new square deposit card? What's your experience?

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I haven't gotten mine yet, and honestly, I don't think I'll use it much when I have credit cards that have 2% and 2.5% back.  If I go to another Square store I might due to its 2.75% off there but beyond that, to me and my business, I don't see it's usefulness. I think the main thing to remember is it is a debit card and they are more complicated than a credit card when it comes to holds on funds (like at a gas station) and your ability to dispute charges and your liability for them. But you do have the bonus of instant access to your Square funds before they get deposited which can be a big deal for some who are using that customer payment to then buy the product to give the customer if they don't have the funds available in checking or savings accounts.

 

https://www.nerdwallet.com/blog/credit-cards/credit-card-vs-debit-card-safer-online-purchases/

https://www.nerdwallet.com/blog/credit-cards/credit-cards-vs-debit-cards-husband-is-persuaded/?trk_l...

 

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