FE Carriers Accepting debit/credit cards along with EFT
- Thread starter Steven P
- Start date
- 18,988
Trinity/FBL, Trans, SNL take all cards in addition to DE. Many of those cards have a routing number and account number also. Like Chime and Netspend.
By phone is for someone else to answer.
But those cards are junk business. No matter how it's sold.
- 357
I don't necessarily agree jdeasy. I have seen those stick on the books for as long as 1 and hell even 2 months with persistent follow up.
- 18,988
OK, if “1 or 2 months” is the bar, then yes, they can be on the books that long. 
- 4,688
Senior Life out of Thomasville, Ga. will for tele-sales or face 2 face sales. As mentioned by JD and a few others it's jusually junk business. Call me if you'd like.
- 1,206
Direct Express, if on ssb, is actually decent business. The rest are terrible.
My local Walgreens, when I pay with my card thw machine pops an ad that says get paid two days early Netspend. People switch from DE or their bank to Netspend bc they want paid 2 days early.
The reality is that only "benefits" them for the first month then they are still waiting 30 days.
DE can be decent bc of social security billing. I have been bugging carriers to look at each ore paid card and develop a drafting system for a couple.hours after they get paid.
My local Walgreens, when I pay with my card thw machine pops an ad that says get paid two days early Netspend. People switch from DE or their bank to Netspend bc they want paid 2 days early.
The reality is that only "benefits" them for the first month then they are still waiting 30 days.
DE can be decent bc of social security billing. I have been bugging carriers to look at each ore paid card and develop a drafting system for a couple.hours after they get paid.
A few months ago my wife and I started getting our SS deposits on Monday before the Wednesday due date.
- 18,988
Banks have always gotten SS deposits a few days early.
It’s been their dirty little secret. As some of these cards started advertising it it put pressure on the banks to reveal the secret.
Now many banks are advertising it. It’s not new.
The market is forcing change.
Not all change is good.
It’s been their dirty little secret. As some of these cards started advertising it it put pressure on the banks to reveal the secret.
Now many banks are advertising it. It’s not new.
The market is forcing change.
Not all change is good.
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Perhaps companies need to offer 1st, 2nd, 3rd, 4th Mondays for those that get the checks deposited early?
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