Millions of Social Security recipients will soon see a significant change in their payments.
In a notice, the Social Security Administration recently indicated it was making a switch in the financial agent that administers the agency’s Direct Express cards.
Previously, The Motley Fool reported, Comerica Bank administered the program. Now, it will be handled by Fifth Third Bank, which merged with Comerica earlier this year.
The change won’t affect beneficiaries who have their payments deposited directly into their bank accounts. It will impact those who use the prepaid Direct Express Debit Mastercard—some 3.6 million people.
The changeover started the month.
New Direct Express card enrollees will automatically receive the First Third Bank cards. Existing account holders will receive their new cards later this year or early next year.
Beneficiaries should continue to use their existing Comerica cards until they receive the new ones. Recipients will be notified before the cards are sent.
Comerica cardholders will use the pre-existing app, Social Security said. Fifth Third Bank cardholders will also have access to the new Direct Express mobile app. The app will be used to activate the new card.
The cards can be used wherever Mastercard is accepted.
You can see more information here.
Photo credit: MargJohnsonVA/iStock
_______
©2026 Advance Local Media LLC. Visit al.com. Distributed by Tribune Content Agency LLC.
Sign in to get access to this free resource, and all of our whitepapers and reports.
Download this content today!
Register Now Already registered? Click here to Log In
