The payments made every month by the Social Security Administration are vital for many people. All recipients of these types of benefits mostly live on just that money month to month. Therefore, receiving it in a timely manner can be very important to most. For that reason, Social Security has decided to implement a way to receive the payment without a bank account. This form is very convenient and anyone can apply for it.
Many years ago, you could receive your monthly money from the Social Security Administration through a physical check or a deposit into your bank account. These days, it is difficult to see these checks and they only exist in some very specific cases. It is normal to receive the benefit through the bank account. The problem is that sometimes it can take a little longer than desired, depending on the bank. That is why this different method of receiving the benefit is so useful.
Receiving Social Security without a bank account
To receive Social Security benefit payments without a bank account, all we need to do is have a card. This card is called Direct Express and applying for it is completely free of charge. With this card, you do not need to have a bank account. All the money goes into this card automatically on the day of the Social Security payment.
You can use this card like any other debit card. It is not a credit card, so don’t worry about paying interest or fees. The best thing about this card is that you will get the money automatically. You won’t have to wait several days for the deposit to be fully credited to your bank account. You will also have full control of your spending, with the convenience of just carrying a card in your wallet.
Discover also Direct Deposit
Another way to receive the money is through the Direct Deposit system. With this system, the Social Security directly deposits your pension every month in the account of your choice. To access Direct Deposit you only need a bank account and an accepted Social Security benefit payment. Once you have this, you simply call the bank or branch to inform them that you want to start using Direct Deposit.
It doesn’t matter whether you want to collect through a bank account or not, what does matter is that waiting times are now much reduced. Thanks to new technologies, your Social Security benefit payments can be collected without the need for a bank account and in a very short time.