[Rick Lee]

Have you guys heard of the Direct Express card? Probably not real prevalent among the Porsche-owning crowd. It's a debit card that gets loaded from SS each month. No routing or account number, just a debit card. They're mainly for people who can't have a bank account, likely for skipping out on a mountain of NSF debt. 100% of those cardholders will claim the bank screwed them and they don't trust banks. These people go to the ATM the day the card is loaded, withdraw the max, pay the ATM fee, go to the next ATM, rinse and repeat. If they get $1000 in SS money, they take that much out in cash on day one. Then they go buy money orders for their rent and some other bills, obviously paying more fees. Whatever money they may have left on the card that goes to autopay bills, they pay a premium for that too. You can imagine how responsible these folks are about updating their vendors/creditors when they get a replacement card. This is a huge percentage of the SS income population. They pay more for everything.