Social Security Checks or Digital Payments

In the past, Social Security checks were the only way Social Security Administration program enrollees could collect benefits. This is currently no longer the preferred way for Social Security recipients to receive funds. The deadline was set for march 2013 when recipients needed to switch from paper checks to direct deposits. Digital payments like this save the Social Security Administration money in processing which means more money goes to you!

While checks are no longer an option, Social Security, enrollees have two primary ways they can receive their benefits. For those not wanting to set up direct deposit with their personal bank accounts, recipients have another way to collect funds. The federal government also allows enrollees to obtain Direct Express cards that are used to receive Social Security benefits.

What is the Social Security Direct Express card?

The Social Security Direct Express card is a safer faster way for you to receive your Social Security benefiots than the traditional paper check. When you apply for Social Security, you can request to receive your benefits using this method. You don’t need to have a personal bank account to receive benefits this way. It works just like any debit card.

Benefits of Using a Social Security Direct Express Card

Due to rising thefts and forgeries, the Social Security Administration has found that checks are risky, which is one of the reasons the U.S. government decided to stop using them. In the past, if you lost your check, it was very hard to get compensated for the loss. If you use a Social Security Direct Express card or direct deposit system, it is easier to manage your SS benefits payments and you needn’t worry about losing a peice of paper. Additionally, these methods are extremely convenient. You do not need to deposit a check at the bank each month, and you can spend your benefits anywhere that accepts MasterCard. You can also withdraw cash from the card to use as needed using an ATM or Walmart Money Center.

How can I spend my Social Security payments?

You receive your benefits in accordance with the Social Security payment schedule. Once you have your funds in your account, you can begin making purchases like you would with any Mastercard or Visa. This includes:

  • Making purchases at stores or online.
  • Withdrawing cash from your account through an ATM or a bank teller.
  • Paying bills by phone, online or in person