Agreed. And why a debit card? From a small time bank? - Dave_K - Inmate Central

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Agreed. And why a debit card? From a small time bank?

In Reply to: Communication about this was poor. . . posted by BillH on May 29, 2020 at 10:20:33:

I would have preferred a check that I can just go deposit at an ATM.
If you go to the Senate Finance Committee website, there is a FAQ on these cards. It says that they're issuing the cards because the Treasury can't print checks fast enough.
But if capacity is the issue, then why only 4M out of 150M taxpayers? And why go with one small time regional bank instead of a larger bank with more capacity, or multiple banks, or working directly with a payments processor?
It smells an awful lot like pork to me. MetaBank is a small midwestern bank with headquarters in South Dakota and with locations in SD and Iowa. Lo and behold, John Thune used to be on the Board of Directors at MetaBank, and he's now one of the senior members of the Senate Finance Committee along with being the Senate Majority Whip. Coincidence? And Chuck Grassley is the chair of the committee and he's from Iowa.
It's going to cost me $7.50 to get a replacement card, $17 if I wanted it expedited, which I don't. Fees go straight to the bank. The cynic in me wonders if that's why these were sent out on the down low.

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Follow Ups Full Thread

Topic - People are mistaking stimulus payments for junk mail or a scam... - kootenay 22:57:59 05/28/20 (17)

Communication about this was poor. . . - BillH 10:20:33 05/29/20 (4)

Agreed. And why a debit card? From a small time bank? - Dave_K 05/29/2012:25:02 05/29/20 (1)

RE: Agreed. And why a debit card? From a small time bank? - Sondek 12:34:17 05/29/20 (0)

RE: Communication about this was poor. . . - Sondek 11:53:19 05/29/20 (1)

RE: Communication about this was poor. . . - BillH 12:09:05 05/29/20 (0)

Uh oh, pretty sure I threw mine away last week - Dave_K 08:50:15 05/29/20 (5)

You didn't expect the MSM to tell you about it...did you?.... - TWB 09:07:14 05/29/20 (4)

RE: You didn't expect the MSM to tell you about it...did you?.... - Dave_K 09:33:52 05/29/20 (3)

Good... hope you can get them to reissue it (nt) - TWB 09:37:57 05/29/20 (2)

Confirmed. They're sending a new one (nt) - Dave_K 11:38:25 05/29/20 (1)

Good! Glad you got it worked out! (nt) - TWB 11:44:01 05/29/20 (0)

Common with stored value cards... - ghost of olddude55 04:32:56 05/29/20 (4)

RE: Common with stored value cards... - Dave B 07:52:43 05/29/20 (3)

Because they didn't know what they were. - ghost of olddude55 13:44:35 05/29/20 (0)

ROTFLOL! (nt) - TWB 07:54:01 05/29/20 (1)

That was about as funny as a basket of warts. nt - ghost of olddude55 13:52:24 05/29/20 (0)

That is a goddamned fake! - JDK 23:22:05 05/28/20 (0)

Follow Ups

Agreed. And why a debit card? From a small time bank? - Dave_K 05/29/2012:25:02 05/29/20 (1)

RE: Agreed. And why a debit card? From a small time bank? - Sondek 12:34:17 05/29/20 (0)

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