random
Well-Known Member
(bit of a rant, mods please move to politics if that seems more appropriate)
Has anyone dealt with these monstrosities before?
I'm talking about the debit cards (i.e. Money Card) that employers are now handing out, that they put your pay on instead of printing a check or direct deposit.
My daughter got one on her first job. Now my son's girlfriend has one.
The hassle was the same for both. First, they were never given a choice, it was just "here's your pay card". The card charges a fee for ANY withdrawal (ATM or debit use). Even after several requests to set up direct deposit (accompanied with the appropriate info), three months in (in both cases), no change. You can't go to your bank and make a transfer into your account from the card, like you can do with a credit card. You have to call a number to get your balance. No statements, no history.
My daughter finally got on direct deposit and after transferring everything off, we destroyed her card. A year later she got a letter telling her that her account had been upgraded to "Premium", which entitled her to pay the card company an additional $5/month (WTF she never agreed to that) for some very dubious "benefits".
I checked the law on these. It seems that the requirement is that the employer "has to offer at least two forms of payment", that's it.
I can't see at all how this is legal. Signing people up for something that charges fees, not only without their consent, but without even telling them?
I haven't seen it much, but it seems to be the thing in fast food lately.
I'm not big on "there oughta be a law", but it seems to me there's some real shady **** going on with these that should be looked into. Especially the whole signing you up without telling you bs.
Has anyone dealt with these monstrosities before?
I'm talking about the debit cards (i.e. Money Card) that employers are now handing out, that they put your pay on instead of printing a check or direct deposit.
My daughter got one on her first job. Now my son's girlfriend has one.
The hassle was the same for both. First, they were never given a choice, it was just "here's your pay card". The card charges a fee for ANY withdrawal (ATM or debit use). Even after several requests to set up direct deposit (accompanied with the appropriate info), three months in (in both cases), no change. You can't go to your bank and make a transfer into your account from the card, like you can do with a credit card. You have to call a number to get your balance. No statements, no history.
My daughter finally got on direct deposit and after transferring everything off, we destroyed her card. A year later she got a letter telling her that her account had been upgraded to "Premium", which entitled her to pay the card company an additional $5/month (WTF she never agreed to that) for some very dubious "benefits".
I checked the law on these. It seems that the requirement is that the employer "has to offer at least two forms of payment", that's it.
I can't see at all how this is legal. Signing people up for something that charges fees, not only without their consent, but without even telling them?
I haven't seen it much, but it seems to be the thing in fast food lately.
I'm not big on "there oughta be a law", but it seems to me there's some real shady **** going on with these that should be looked into. Especially the whole signing you up without telling you bs.