The Direct PayChek Card™ Offers Many Important Benefits
- Pay Automatically Available
Just like direct deposit, your pay is automatically available on your card every payday (by 6:00 a.m. EST). You will no longer need to wait in long lines to cash or deposit a paycheck and will not need to make a special trip to your place of employment to receive your pay.
- Worldwide Acceptance and Access to Cash
The Direct PayChek Card can be used at more than 22 million places VISA is
accepted. You can also use your card to get cash at more than 700,000 ATMs
worldwide. This innovative pay program gives you the prestige and convenience
of making VISA card purchases in stores, online and by mail or phone. The
card is perfect for paying bills and making everyday purchases like groceries,
gas, and clothes – as well as for travel or larger purchases.
- Saves Time and Money
You can avoid check-cashing fees and will not need to wait in line to cash
a check. Check-cashing services are often expensive, costing you 1-3% of your
pay. Buying money orders to pay bills can cost about $2.00 each. In total,
a Direct PayChek Card might save you up to $30.00 per month if you are using
check-cashing and money-order services.
- Provides Extra Security
You may obtain cash in the increments you need to meet your immediate needs,
rather than cashing your check for the full amount of your pay. Also, unlike
cash, a lost or stolen card can be replaced with its full remaining stored
value. And, VISA transaction dispute rights and Zero Liability policy apply.
- Helps to Track Spending
Keeping track of spending is easy. Every month you will receive a statement of your card activity, and you will also be able to check your account 24 hours a day, 7 days a week by phone or at an ATM. You will continue to get a pay statement from your employer, just as you do now when you receive a check.
