How to Get a Social Security Debit Card
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In the past, the Federal government mailed checks to recipients of
Social Security benefits, Social Security Supplemental income and
other types of Federal checks to the home address of the recipient.
Advances in the banking industry recently allowed those who received
checks to have the funds directly deposited in their accounts. The
Social Security has now introduced a debit card available to those
that don't have a bank account.
Difficulty: Moderately Easy
Instructions
1
Decide if you are eligible. The program is for those individuals who
receive government benefit checks from the Social Security
Administration but who don't have a bank account. Those that have bank
accounts have the option to elect direct deposit of their monthly
check into their bank accounts.
2
Determine if you are willing to accept the limitations of the program.
The debit card program is a special account set up for you to hold
your Social Security benefits. This account has a debit card issued to
the owner of the account that allows the owner to make withdrawals at
ATM machines and use the card at point of sale locations to purchase
all kinds of items. There are fees associated with the use of the
card. The owner can withdraw funds free once per month. Any further
withdrawals will be billed per transaction. The card may give you
quicker access to your money but will also cost you to use it more
than once a month.
3
Call the local Social Security office to request your card if you can
live with the limitations. Ask to sign up for the Benefit Security
Card program. They can process the request to have a card issued in
your name and sent to you. After the issuance of the card, direct
deposit will transfer your funds to the card's account at the bank
overseeing this program.
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Read more: How to Get a Social Security Debit Card | eHow.com
http://www.ehow.com/how_2273568_get-social-security-debit-card.html#ixzz1QJzLRXi9--
Howard McGowan
MaldenSenior
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