![]() ![]() South Georgia Banking Company Credit Card If you received a call from the South Georgia Banking Company Fraud Service Center, please return their call to resolve any questionable transactions on your debit card at 84, option 1. If our Fraud Service Center detects any potential fraudulent activity on your debit card, your card will be locked until verification of authorized use is obtained. If you have a lost or stolen debit card, call us at 84, option 1. ![]() Minimize your risk of financial loss and identity theft by following theses recommendations. This article originally appeared on GOBankingRates.Losing your debit or credit card can be incredibly stressful. The Top 10 Best Travel Hacks To Save the Most Money Top Bank Account Promotions for January 2022 – Avoid Fees and Earn Up To $1,500 How Much You Need To Be ‘Rich’ in 50 Major US Cities The 5 Fastest Ways To Become Rich, According To Experts It’s one of the easier ways for your employer to set up payment, so it’s best to have a checkbook on hand just in case. That’s because a check includes your bank, routing number and account number all in one place, but since the account holder writes “void” on it, it cannot be used. Additionally, you might need to submit a voided check for automated loan or bill payments. If you opt for direct deposit for your paycheck, some workplaces will ask that you submit a voided check so they can set up the transaction. Helpful: How To Save Money on All Your Monthly Expenses and Bills Voided Checks Are Sometimes Necessary Another advantage is that checks can also be mailed to friends and family safely. You also might be charged ATM fees to withdraw cash, whereas a check won’t cost you anything to write. Giving cash as a gift can get lost easily, but when you write a check and give it to someone, if something were to happen to the check, you can contact your bank that it was lost and write another one. If you don’t feel comfortable carrying large amounts of cash around, a checkbook is necessary in these situations. In order to pay people like this, or those who don’t have an app to receive money, you’re going to have to need a more analog method. It’s not a ton of people, but 7 percent of Americans do not use the internet. You’re going to encounter people and businesses who don’t have the setup to receive money in any way other than check or cash. You can always find a copy of your check through your bank in the case you might need to show proof of payment.Ĭheck Out: 19 Ways To Get Money Fast Not Everyone Has the Apps This can be important to have when you’re paying for services, paying someone back for a loan, or pretty much anything else that might be contested in a court of law. When you write a check, you’re basically documenting that you paid for something. Because of the physical nature of a checkbook, it does have a few advantages where it works really well in emergencies.įind Out: 45 Jobs That Can Make You a Millionaire Before Retirement Checks Are Good for Record-Keeping You can write yourself a check and walk into the bank to get cash that way. If your payment app of choice crashes on the last day of the month, you can always write your landlord a check, bypassing any technical difficulties other services are having. Though a check is probably not the best option for paying your friend back for lunch, it can come in handy when you’re using electronic payment services to pay things like rent and utilities. Related: How To Open a Savings Account: A Step-by-Step Guideįind Out: How To Make Money Without a 9-to-5 Job Checkbooks Are Always AccessibleĮver had a situation where the app you were using to pay just wasn’t working? It kind of leaves you out of options, and you might have to forfeit whatever you’re trying to purchase in the moment. With Venmo, Cash App, Zelle and other instant payment methods, the need to write a check is becoming less and less necessary, but there are still instances where the check might be the only option - or maybe even the best option depending on your situation.Ĭheck out these reasons on why you shouldn’t throw your checkbook out just yet, and why you might want to get one (if you don’t have one yet). ![]() Some people under a certain age might have never even owned a checkbook. You probably haven’t written a check in a minute. ![]()
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