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Direct Deposit

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									Electronic Payments: The Right Choice
          for Federal Benefits
• What are electronic payments?
    – Direct deposit and the Treasury-recommended Direct Express®
      Debit MasterCard® card are safer, easier alternatives to paper
      checks for Social Security, Supplemental Security Income (SSI)
      and other federal benefits.

• Why are they better than paper checks?
    – SAFER – Electronic payments eliminate the risk of lost or stolen
      checks and give you more control over your money.
    – EASIER – Money goes straight into your bank account or is
      posted to your card account on payment day every month.
    – MORE CONTROL – You can access your money from virtually
      anywhere. Your check doesn’t rule your schedule.
Source: U.S. Department of the Treasury, Financial Management Service
FinancialCBO_PPT_v1_7.17.09
             Recommended by the
        U.S. Department of the Treasury
• Two electronic payment options
   – Direct deposit – The Go Direct® campaign gives
     people with checking or savings accounts a fast, easy
     way to sign up for direct deposit by phone or online.

   – Direct Express® card – A Treasury recommended
     prepaid debit card that offers Americans without bank
     accounts a safe, easy alternative to paper checks for
     Social Security and SSI benefit payments.

 The Go Direct® campaign is sponsored by the U.S. Department and the Federal Reserve Banks. The Go Direct® and Direct Express® logos, Go
 Direct® and Direct Express® are service marks of the U.S. Department of the Treasury, Financial Management Service (used with permission). The
 Direct Express® Debit MasterCard® card is issued by Comerica Bank, pursuant to a license by MasterCard International Incorporated. MasterCard ®
 and the MasterCard® Brand Mark are registered trademarks of MasterCard International Incorporated.
                Sign Up Today
• Signing up is fast, easy and free
  – To sign up for direct deposit, call Treasury’s toll-free
    Go Direct® campaign helpline at (800) 333-1795, go
    online to www.GoDirect.org, or visit your local bank or
    credit union.

  – To sign up for the Direct Express® card, call toll-free
    at (877) 212-9991, sign up online at
    www.USDirectExpress.com, or visit your local Social
    Security office. Some fees for optional services may
    apply.

								
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