- Green Member
- Posts: 7
- Joined: Thu Nov 18, 2010 3:11 am
- Location: Aurora, NE
The way it worked, my employer switched over from issuing paper checks to direct deposit. Having some people wanting to leave early and run to the check cashing place has been a problem, so everyone was notified they had several weeks to set up some sort of account where their checks could be deposited to. They gave us the option of using a local bank, or they had applications for several online accounts or several prepaid cards if we didn't qualify for anything else. We were told if we already had a bank account or a prepaid card, all we had to do was provide accounting with the information.
Where it gets sticky, we have some people who don't have a bank account and don't like prepaid cards, they would just rather be issued paper checks. We had some that just went downtown and either got a Greendot card or a Walm*rt card. Then it was announced if we didn't hurry up and provide the requested information, the company would pick a card for us and that's what our next check would be on. I guess I had a few comments about a Discover debit card being on the list for employees to pick from.
What a lawyer said is we can't be required to take a card that charges fees to get our money. When you take into account one of our employees pays $4 each week to have his check cashed, and if you end up leaving work early or driving, it costs even more. Nobody makes you pay a fee to cash your check, you choose to pay a fee to cash your check. You could direct deposit to a local bank account and avoid all fees. Buying money orders to pay your bills, that's another expense. All of the cards we were offered are much cheaper than that and you can work a couple extra hours, then get on the computer when you get home and transfer the money where you need it, or get cash from an ATM. Now if you find the option you picked is charging unsuspecting fees, you are free to pick another option. Of course, my employer chose not to sponsor a specific card but rather let each employee pick which option they wanted.
I think someone in accounting ordered the card for me to send me a message, but everyone denies it and claims it was an accident. None of my paychecks were ever sent to the card, they don't do a credit check when issuing the card, but someone had to put in my SS#, then likely they used my address at work to have it sent there. It just shook me up when I saw it because I thought my paycheck was sent to the card, like it was intended to do, but the card is still showing a $0 balance and my last check was deposited to my chosen local bank account. I was given the card and all documentation, so all accounting did was forward the card to me after it was issued. I'm thinking it was still sealed when I got it, but I didn't think to save the envelope it was in at the time.
Since all you need is an address, phone# and SS# with a matching age, most everyone knows my home address and phone#. They could have slipped in almost any SS# with matching age.