Green Dot Money Card Idea/Suggestion.

What would this be? Green Dot already has a Debit Card and is a functioning Company. Maybe I have an idea that would be beneficial to them and to myself as well as beneficial to consumers who use the GreenDot.com cards.

What is my idea?

1. Imagine having your wallet stolen, misplaced etc:. Imagine they have your Green Dot Debit Card now. Imagine you left your pin number in your wallet. Imagine they call the toll free number and use the zip code on your drivers license and get your balance. You can dispute the transactions and go through a lot of trouble or you can possibly use my idea.

2. Green Dot offers a second card and it looks identical to the original card. It has its own account number and it has its own pin number. Imagine that when the same situation happens, all your Green Dot Cards "FREEZE". How? It is a fake security card. The card has no money on it. They call the number, type in the account number on the card and type in the zip code. This activates the card and "FREEZES" all cards attached to this security card. We would be told to leave the pin number in our wallet on purpose. When they use this fake card at the store it activates the "FREEZE" mode. The thief doesn't know that the card is fake. Even if we check the balance it will "FREEZE" all attached cards. Even if we accidentally pull out that card at the store, it will "FREEZE" us out of our good card or cards usage until we follow their, "Terms Of Service" to restore our account balances. Yea, someone lifts my wallet. They check the balance with the toll free number. Type in my zip code and "FREEZE" up all cards I have registered and attached to my name, social security number etc:. They could even send an alert to the Sheriff's Office where I live and to the Sheriff's Office where the card was checked or they attempted to use it for a purchase or an ATM transaction. All this is done through Green Dot automatically. I pay $10.00 for the fake card and I pay $3.00 a month for this service. I just have to remember which card is the real card and which card is the fake card. The account numbers will be different. The bad guy will find out which is which when they attempt to get a balance or make a purchase as well as trying to do a ATM withdrawal. It is all done automatically. I could even buy a fake, CVS, K-Mart etc:.. card. This way I don't forget and use the security card on accident. The thief will not know this.

Another advantage. Put your child's card's on your security card. Use your card to "FREEZE" their card. As long as you list your kid's cards, and then you activate the "FREEZE" by calling the toll free number and punching in the account number on your security card, you will then "FREEZE" your kid's card. This helps in getting them to listen and a tool to stop them from getting ripped off and being taken advantage of. It helps you control their card and its funds.

I buy a fake card. I have a valid card to pay the monthly service fee. My wallet is stolen. I don't notice right away. The thief calls the toll free number, types in the account number and then my zip code. The card can be "FROZEN" upon entering just the account or it can be "FROZEN" when they type in the zip code. This "FREEZES" all my registered Green Dot Cards and anything else that Green Dot will allow to be "FROZEN" by their Terms of Service Contract with everyone else. Yes, Checking Accounts, Credit Cards, Department of Motor Vehicles etc:. And they can send an alert to the Sheriff's Office where I live and they can send an alert to the Sheriff's Office where the thief tried to do the maneuvers with my stolen card. All this for $120.00 a year or $10.00 a month and an initial card fee of $10.00. I will be sending this to Green Dot. I hope to get $1,000,000.00. I will let everyone know what they decide. I was told I need to mail them at the Green Dot Customer Service, PO Box 1187, Monrovia CA 91017. I will be doing that.

I also contacted lifelock, http://www.lifelock.com/ and offered this to them and added, Phone Cards/Bank Cards as Decoy Security Cards, as well as the Greendot Cards. I asked them to contact greendot and then consider buying me out after they see the potential income they can make. I will keep you updated.

Where the Bank screwed up, I have a Federal Business License, not a State. I follow Federal Laws, Not State. The Bank and the State are impeding Federal Revenue. I pay 32% to 38% in Federal Income Tax and .09% on the first $109,840 for Social Security and Medicare Tax. That is it. The State has "ZERO" say so in my business. I went to Wells fargo and they are dragging their feet also. First Option Bank follows State rules. Wells Fargo follows Federal rules. I will keep everyone posted.