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LostYonder wrote

What is your concern? Is it the possibility of theft/loss of the money? If that is the case, a prepaid card doesn't help any, particularly given you will have to keep paying to have the card. You can invest in a good floor safe (bolted down). Also keep it in different places (just remember where it is!).

If you want to deposit it in a bank, I doubt it will raise too many red flags depositing a few hundred now and then quite honestly. A lot of people still do cash business. You can also deposit a big chunk of it - just say you sold your car. But even then, it is really none of their business and shouldn't really be an issue...

If/when you do your taxes, if you deposit it in a bank you will have to pay taxes on the interest earned (which is pretty minimal these days), but the amount is relatively small to set off any red flags in the grand scheme of things.

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jahnu wrote

You might look into putting it on a prepaid card. They don't regulate them as much.

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