getting paid on my comdata card? hows this work?

Discussion in 'Experienced Truckers' Advice' started by flc120, Dec 3, 2014.

  1. fortycalglock

    fortycalglock Road Train Member

    6,151
    6,583
    Jun 25, 2011
    Tourist Town, FL
    0
    Why would I muddy up my corporate finances every time I fuel, and I typically get .30 per gallon discount with my card. Right now it's .50-.70 discount depending on the location. I also don't get paid, I get a settlement. If I choose to direct deposit some of those funds, all it takes is a phone call and punching a few keys. As a company driver, I can see the reluctance to mix work and personal, but that isn't the case for the OP.
     
  2. Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  3. FatDaddy

    FatDaddy Road Train Member

    4,314
    10,375
    Dec 23, 2008
    Katy, TX or Swedesboro, NJ
    0
    When I got paid through comdata, I was a company driver and yes it went directly to the card. The company I worked for did not have direct deposit, however you could set up direct deposit through comdata but this meant after the money went on your card it could take another 24-72 hours for it to hit your account. Very inconvienient. So in my case having the wife run a check to the bank made getting my money faster.

    Now a days I don't understand why there are companies out there that don't have direct deposit.

    As as far as fueling as an O/O company I lease onto takes my fuel directly from my settlement and using their network saves me anywhere from $.20-.50 at the pump so need need to use a credit card
     
  4. rank

    rank Road Train Member

    9,918
    113,503
    Feb 11, 2010
    50 miles north of Rochester, NY
    0
    Yeah...and the hackers and governments can't wait. Don't know why people are so willing to throw their personal info into the ether or get/use a card for every darn thing.
     
    Last edited: Dec 3, 2014
  5. Skydivedavec

    Skydivedavec Medium Load Member

    640
    536
    Sep 12, 2013
    Mid-Atlantic
    0
    Comdata will charge you a fee to access your own money. You won't be happy.
     
  6. Allow Me.

    Allow Me. Trucker Forum STAFF Staff Member

    10,666
    12,189
    May 28, 2009
    Rancho Mirage, Ca.
    0
    Com-Data has evolved over the years. originally it was just a way to get $$$ to the drivers for road expenses. The last time I used them was in '04 and they were really "21st century" so to speak. A little card that does just about anything, including getting cash from an ATM. But there are fees. Also, any $$$ in your Com-data account is still accessible to your truck co. So, I wouldn't have too much cash sitting there. Com-Data is a full fledged bank FYI. To pay a driver with direct deposit, the money MUST be in the truck co's bank account. A slang term is "hard money". But with Com-data, they can juggle funds for a day or so and still make payroll and keep everyone happy. When your co loads your card, it's "hard money" ready immediately for your use, including writing a com-check at your bank. Once they call the 800 # and get the auth # it's good as gold.
     
    flc120 Thanks this.
  7. flc120

    flc120 Heavy Load Member

    916
    122
    Jul 11, 2012
    Miami,FL (yeah i know :( )
    0
    thanks guys for all the input
     
  8. kemosabi49

    kemosabi49 Trucker Forum STAFF Staff Member

    10,610
    45,423
    Jan 13, 2013
    SW Arkansas
    0
    When I was paid through Comdata I was stil an O/O. I actually had 2 Comdata cards. I was my fuel card where all of my advance money went. I'd use it for fuel and possibly other truck related expenses. The other card was my payroll card. When I started with the company I signed up for direct deposit from the Comdata card to my bank account. Simple as that. Your company should explain all of this at your orientation.
     
  9. Old Man

    Old Man Road Train Member

    4,597
    13,470
    Apr 3, 2009
    Oklahoma City, OK
    0
    Funny, they don't charge me a fee, write one or one hundred checks, zero fees. They do charge $!.00 for direct deposit.
     
  10. Pool6710

    Pool6710 Medium Load Member

    662
    258
    Aug 10, 2014
    Minnesnowta
    0
    It's $1 per transfer for me. That's not bad
     
  11. FatDaddy

    FatDaddy Road Train Member

    4,314
    10,375
    Dec 23, 2008
    Katy, TX or Swedesboro, NJ
    0
    The fees come when using the card at ATM's,checking your balance..etc. you will never be charged a fee for writing a check to deposit in your account and any fee you get charged from a truckstop is the fee the truckstop charges...not comdata
     
  • Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.