Social Security Issues New Debit Cards to 3.6 Million Beneficiaries as Direct Express Switches Banks
Updated
Updated · NJ.com · May 29
Social Security Issues New Debit Cards to 3.6 Million Beneficiaries as Direct Express Switches Banks
2 articles · Updated · NJ.com · May 29
3.6 million Social Security beneficiaries will receive new Direct Express debit cards after the program changed its banking partner.
Fifth Third Bank is replacing Comerica Bank as the financial provider behind the prepaid cards, prompting the mass reissuance.
Most recipients are not expected to see any change in benefit amounts or payment timing despite the switch.
The card update was one of several federal agency changes highlighted this week, alongside new IRS Saturday help hours, expanded Medicare GLP-1 coverage and a USPS stamp release.
How will 3.6 million Social Security recipients be protected from payment gaps or fraud during the mandatory Direct Express card switch?
With Medicare's new weight-loss drug coverage ending in 2027, what is the long-term plan for patients who begin treatment?