10 Reasons to Choose Direct Deposit over Paper Checks - ANYDAY!

More than half of employees (Over 70%) have converted to Direct Deposit as their preferred method of payment. As more people come to the realization that Direct Deposit is simply safer and more convenient, these numbers continue to rise - rapidly. Let's review ten reasons why Direct Deposit is rapidly ripping paper checks to shreds:

1. Direct Deposit Saves You Time

* Funds are conveniently deposited in your account electronically - saving you trips to the bank and helping you avoid long lines at tellers or ATMs.

* No more waiting for checks to clear... Funds clear instantly!

2. Your Money is Safer and More Secure

* You'll never have to worry about lost or stolen checks and can avoid the risk of carrying cash.

* Direct Deposit is more confidential. Since deposits are transferred electronically it passes through fewer hands than a paper check. This helps protect you from becoming a victim of identity theft.

3. It's Wiser

* You can access your money earlier - No more waiting for checks to clear. (Usually at the strike of 12:01a.m. on payday funds are available for use).

* Puts you in complete control of your money... You can automatically divide your funds amongst different accounts with ease.

* You're always a step ahead! - Employers will issue you a paper stub, in advance, so that you'll already know the amount of your direct deposit before it hits (including taxes, insurance, and any other deductions).

* Financial planners recommend Direct Deposit as a proactive step toward gaining control of your finances.

4. It's Simpler

* Once you sign-up for Direct Deposit you don't have to worry about it anymore. Your money is deposited on time, every time... regardless of where you are. Try that with paper checks.

5. Saves You Money

* Avoid check cashing fees

* Save gas money from traveling back and forth to the bank or check-cashing store.

* Avoid bounced check fees because you can always rely on your funds being cleared and in your account in a timely manner.

* Helps you to better manage and budget your money to avoid OVERspending.