One of the most important features of the Direct Express debit card is that Social Security and Supplemental Security Income check recipients have their federal benefits automatically deposited to their card accounts, according to Direct Express. They do not have to wait for a paper check to arrive each month with the payments. The card is free for beneficiaries to obtain.
Beneficiaries do not need a bank account to get the card, nor is there a credit check conducted. There is no minimum balance required to maintain their accounts. Any money that beneficiaries put on the card is insured by the Federal Deposit Insurance Corporation, according to the United States Department of the Treasury.
The card enables beneficiaries to use electronic transactions instead of relying on cash to make purchases. Moreover, these prepaid debit cards eliminate the need to pay by check, and thus eliminate the possibility of incurring overdraft fees. Beneficiaries can make cash withdrawals and check their balance information at ATMs around the world, make purchases with the card and get cash back when making purchases.
The card can be used to buy money orders from the post office and to pay bills online. Beneficiaries can also check their accounts by phone or online. When their balances run low, beneficiaries can opt to receive an alert of this.