A direct deposit debit card can help save card holders hundreds of dollars a year on check cashing fees. These cards are prepaid credit cards issued as a Visa or MasterCard.
To enroll in direct deposit there will be a form online that you print and fill out. You give this form to the payroll department of your employer and then you paychecks will be directly deposited into your account.
You will still be issued a paystub for you personal records. This will show you how many hours you worked and how much was taken out of you check for taxes.
You can check your account balance and recent activity online. You will be able to use direct deposit for payroll checks, pension checks, tax returns, social security and more.
Once the money is in your account you can use the prepaid debit card to make purchases. These cards are accepted online and over the phone.
You can use this card to make hotel reservations and rent a car. Cash can be accessed through ATM machines just like a check card.
In addition most cards offer another feature called bill pay. This is where you can use your card to pay bills. This will save you more money by not having to purchase money orders.
You also receive free credit builder. This will make a record of the payments you make with bill pay and report that information to a credit reporting agency. This can help you show credit worthiness to future lenders.
There is no chex systems verification or credit check. This card works just like a checking account.
There will never be any late fees, over the credit fees, or overdraft charges. You also can have free activation when you sign up with direct deposit.
If you are in chex systems or just have bad credit, we do suggest a direct deposit debit card. It gives you all the features of a checking account, while saving you money on money orders and check cashing fees. - 15224
To enroll in direct deposit there will be a form online that you print and fill out. You give this form to the payroll department of your employer and then you paychecks will be directly deposited into your account.
You will still be issued a paystub for you personal records. This will show you how many hours you worked and how much was taken out of you check for taxes.
You can check your account balance and recent activity online. You will be able to use direct deposit for payroll checks, pension checks, tax returns, social security and more.
Once the money is in your account you can use the prepaid debit card to make purchases. These cards are accepted online and over the phone.
You can use this card to make hotel reservations and rent a car. Cash can be accessed through ATM machines just like a check card.
In addition most cards offer another feature called bill pay. This is where you can use your card to pay bills. This will save you more money by not having to purchase money orders.
You also receive free credit builder. This will make a record of the payments you make with bill pay and report that information to a credit reporting agency. This can help you show credit worthiness to future lenders.
There is no chex systems verification or credit check. This card works just like a checking account.
There will never be any late fees, over the credit fees, or overdraft charges. You also can have free activation when you sign up with direct deposit.
If you are in chex systems or just have bad credit, we do suggest a direct deposit debit card. It gives you all the features of a checking account, while saving you money on money orders and check cashing fees. - 15224
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