Office of Financial Management Services
          Payroll

Home
VPCFO
AVP - FMS
Access IUIE
FMS Staff Directory
FMS Support Form
FMS Newsletter
Faculty/Staff Salary Listing

Paycard Fact Sheet

Fund are available on your paycard by 10 a.m. EST/EDST (depending on the calendar date).

Methods to access your pay for free
The first transaction after every pay load is free only when using one of the following withdrawal methods. Several of the methods below enable you to withdraw all of your pay in one transaction. Subsequent withdrawals incur charges.

  • Electronic transfer to an existing bank account
  • PIN point of sale purchase with cash back (where available)
  • United States Postal Money Order
  • Allpoint surcharge free ATM withdrawal
  • ChekToday - Write yourself a rapid! Paycard check and cash it free at any Wal-Mart in the United States
  • Request a check – rapid! Paycard will write a check drawn on your account to pay a vendor that does not accept electronic payments (i.e.; Landlord)
  • OTC bank withdrawal
Card Fees
If an employee has already used the free transaction for that payroll, the following fees will be charged:

    Credit card purchase— not using PIN Free   Daily limit $3525
    PIN point of sale purchase (including cash back) $ .50   Daily limit $3525
    Allpoint ATM withdrawal $1.75    Daily limit varies with vendor
    Request a check $2.99     
    United States Postal Money Order $0.50   Daily limit $1000
    Electronic transfer to another bank account $1.50     
    ChekToday $3.00     
    Over the counter bank withdrawal $4.00   Daily limit $5050
    Printed and mailed statement $1.50     
    Card replacement $10.00     
    Bill Pay $1.50     
    ATM balance inquiry or ATM decline $0.75     
    Point of sale declined $0.50     
    Inactivity fee (after 6 months) $4.95     
 
Cardholder Benefits
Rapid!Paycard has many cardholder benefits including the following:
  • Free 24/7/365 toll free customer service agent access
  • Online account access at www.rapidfs.com
  • Event driven text option
  • Bill pay
  • Free web statements
  • Optional cardholder rewards program
Visit the rapid!Paycard website for more information:  http://www.rapid-paycard.com/cardholders.asp
Block IU Last Updated 4/29/2010
400 E. 7th Street, Poplars 527, Bloomington, IN 47405 (812) 855-0375
Copyright © The Trustees of Indiana University | Copyright Complaints | Privacy Notice