Direct Deposit Cards are Safer for Travel
If you are a small nonprofit and have volunteers that buy supplies or drive vehicles, you may find that you need to reimburse them. One may say volunteers should donate things, but if a group specifically needs items to keep their office or kennel running, money needs to be outlayed. Good volunteers are hard to come by and not everyone can donate both time and money. One way to skip the process of needing to approve and cut a check is to ask people to donate gift cards in small denominations. This way, when a volunteer needs to fill up the rescue transport vehicle or pay a bill for the group, a trusted volunteer can.
I just discovered that there are prepaid cards, like the Vision Premier Prepaid Visa, that offer direct deposit. They act in lieu of a bank account and the money gets placed right on the prepaid Visa instead of going into the bank. I always was curious as to why someone would not want to have a bank account. Are they running from the law? I recently discovered there are other reasons why you might want to cash checks somewhere else.
If you are a student away at school, you may not have a local branch of your bank near school. It also has benefit to people who spend months traveling by RV. You don’t have to worry about someone being at home to deposit your checks, and if you cannot find a bank branch on the road, you can still have instant access to your money. It you lose the card, no one will have access to your nest egg because it is entirely separate, yet you will still have the funds from your check available on it.
I am wondering if the prepaid cards would work for the purpose of tithing. I am wondering if someone could set it up where part of their check gets deposited to an organization’s card. That might be too complicated and there would be too much of an exchange of personal information, but you never know.
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