Millions of Social Security beneficiaries who receive their monthly payments through Direct Express prepaid debit cards are set to experience an important administrative change. The US Department of the Treasury has begun transitioning the Direct Express programme from Comerica Bank to Fifth Third Bank, which will become the new financial agent for the programme. While the change will affect an estimated 3.6 million cardholders, beneficiaries should not expect any disruption to their payments or changes to the amount they receive. Instead, the transition will primarily involve the replacement of existing Direct Express debit cards with new cards issued by Fifth Third Bank.
