Everyone knows the PayPal as a service to send money inside your country and abroad. But did you know that PayPal has a debit card with some benefits? The plain blue Visa debit card works like any other debit card offered by other banks and fin-tech companies. What are the benefits of having and using a PayPal Debit Card?

First, you can withdraw cash right from your Cash Plus account at a number of fee free ATMs. The network is called MoneyPass and it has more than 25,000 of them. There is no need to wait 2 or 3 business days before cash will land on your bank’s checking account. There is no need to pay a fee if you want money sooner. You can go to one of thousands ATMs and withdraw cash. The limit is $400 per withdrawal. Be aware, that there were some issues with some MoneyPass ATMs that mistakenly charged customers a fee.

Second benefit is that you can use the PayPal Debit Card to pay for things. I don’t recommend it, but the fact that you can do it makes this card more legitimate. Since it is a Visa debit card, your transactions are protected by the Visa network up to a certain limit.

Third, you can deposit cash at the register of numerous retail stores like Walmart, CVS Pharmacy and others. The limit is $500 per deposit up to $1,500 per day. The monthly limit is $5,000. It may be too little for some people who work with loads of cash, but for many others these limits are pretty reasonable. You can also use other ways to add cash to your PayPal account.

Despite all these benefits I think you should not use PayPal as your only banking service. PayPal has quite a limited number of services and often gives you a headache. I believe you need more reliable primary bank.

PayPal Cash account may seem like a regular bank because you can find PayPal Account number and routing number to make ACH transfers and setup direct deposit. However, customer support of PayPal debit card is very poor.