Monday, May 16, 2011

VA to Issue Debit Cards

The Department of Veterans Affairs (through the Treasury Department) will offer beneficiaries without bank accounts the option to enroll in the Direct Express debit card program with Comerica Bank. Direct Express payments will be directly deposited into that account and made accessible through a debit card. Personal funds cannot be transferred into this account as it can only be used to receive Federal benefits. Direct Express cardholders have 24/7 access to their money at automated teller machines and are able to make purchases at any retailer that accepts MasterCard.

Read more on the Military Advantage blog.

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