Q:

What is the importance of having a Direct Express credit card?

A:

Quick Answer

The Direct Express Debit Mastercard from Comerica Bank allows recipients of Social Security and Supplemental Security Income checks to receive payments electronically and to make purchases and payments online, according to Comerica. Because the card only allows users to spend up to the amount held in their accounts and does not provide borrowing options, cardholders do not have to complete a credit check. Moreover, individuals do not need a bank account to use the card, making it accessible to anyone.

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Full Answer

When using the Direct Express card, individuals can avoid having to manually cash their checks or concern themselves with their checks being lost or stolen, notes Comerica. Cardholders receive standard protection against unauthorized charges, including MasterCard's Zero Liability guarantee. Moreover, users have instant access to funds on the date of payment and do not have to wait for their checks to arrive in the mail. Individuals can use the card to withdraw cash at retail locations, banks, credit unions and international ATMs, and can make purchases anywhere that accepts Debit MasterCard.

Comerica does not charge sign-up or monthly fees, and there are no fees for retail purchases, cash back with purchases, or cash withdrawals at banks or credit unions, explains the Direct Express website. Individuals can also use one free ATM withdrawal for each deposit made to their account, with an $0.85 fee for each further withdrawal, in addition to any surcharge fees from machines that are not part of the Direct Express surcharge-free network. Individuals can also access their balance information at an ATM, by telephone or on the Internet, and can receive phone, email or text notifications of deposits. Individuals can also sign up for low-balance alerts, and can receive up to one free replacement card per year. The company provides 24/7 toll-free customer service.

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