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Even for those who don’t have a checking account, you’ll be able to shortly entry your advantages with the Direct Categorical® Debit MasterCard® program. The Direct Categorical card is a pay as you go debit card that enables federal profit recipients to entry their funds from any ATM that accepts Mastercard. Utilizing the Direct Categorical card additionally means you don’t need to preserve a minimal steadiness on the cardboard and there aren’t any month-to-month charges or prices to enroll.
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How Does the Direct Categorical® Card Work?
While you join the Direct Categorical® card program, month-to-month funds are mechanically deposited into your account in your cost date. While you activate your card, you select a four-digit Private Identification Quantity (PIN) that you just enter whenever you use your card on the ATM and retail places. You should use your card to:
- Withdraw funds from any financial institution, credit score union or ATM that accepts Mastercard debit playing cards
- Purchase from anyplace that accepts debit card funds
- Pay payments on-line or over the cellphone
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Most companies are additionally free; nonetheless, there could also be charges with some transactions. These charges might embody:
- After your one free ATM money withdrawal for every profit cost, additional withdrawals include a charge of 85 cents per transaction.
- $4.00 to interchange a card after one free card alternative every year. Expedited supply prices $13.50.
- Withdraw money over-the-counter at Walmart for an 85 cent charge.
- Switch funds for $1.50 per switch to a private U.S. checking account.
- Month-to-month paper statements value 75 cents per 30 days. You may test your account steadiness without spending a dime on-line, by calling the Direct Categorical card toll-free Buyer Service Division quantity or through the use of the DX cell app.
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There are a number of, however not many, restrictions. If it’s essential buy gasoline, you gained’t be capable of pay immediately on the pump and might want to go inside to pay on the register. In the event you use the cardboard to hire a automobile, the rental company might place an authorization maintain on the debit card as much as $500 of your steadiness through the rental interval. The funds are launched whenever you return the automobile, however your cash may not be out there for as much as two weeks.
What if the Card Is Misplaced or Stolen?
In case your card is misplaced or stolen, it should be reported to customer support inside two enterprise days to restrict your legal responsibility for losses to $50. After two days, you could be responsible for as much as $500 in losses. After 120 days, you could be responsible for the total quantity.
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How Can I Apply for the Direct Categorical Card?
In the event you obtain federal advantages, you’ll be able to apply for the cardboard. You may apply at your native federal paying company or name the toll-free Direct Categorical card enrollment middle at 1 (800) 333-1795.
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Final up to date: November 1, 2021