The Bank of America EDD Debit Card is an efficient way to deliver disability insurance, and unemployment insurance, as well as family, leave benefit payments. The card is issued and mailed to all claimants eligible for such benefits.
The EDD, in close collaboration with Bank of America, provides eligible beneficiaries with a debit card with a three-year validity period. All benefit payments for which a beneficiary is eligible are deposited to their debit account. Such beneficiaries have 24-hour access to their funds anywhere the cards are accepted. They can also make direct deposit transfers to their saving or checking accounts. They also get to access cash through credit unions and bank tellers.
The Benefits of an EDD Debit Card
The EDD debit card comes with numerous benefits, including the following:-
- You won’t need to wait for checks in your email
- No more fees on cashing checks
- They’re universally accepted online, by phone, and in stores
- You can access cash at credit unions, banks, and point of sale terminals, and ATMs
- You can use your card to pay your bills
What You Receive With Your EDD Debit Card
Your EDD debit card comes with various items, including the following:-
- The EDD Debit card itself
- Relevant information and instructions
- A reference guide
Upon receiving the card, you want to read all the information carefully to ensure you don’t make any mistakes when activating and using the card. You should activate it immediately after a Bank of America EDD sign-in.
How to Transfer Your Funds to Savings or Checking Account
EDD Debit Cardholders can transfer all or part of their benefits to their savings or checking accounts. They can do so by carrying out a recurring or an online one-time direct deposit transfer or by contacting customer service.
How to Check Your EDD Debit Card’s Current Balance
EDD Debit Cardholders can check their card balance at any time of the day or night and no cost. All they have to do is call a toll-free number given on the website. They may also check their balance online or at ATMs. As a cardholder, you want to check your balance before you perform any transaction so you can know whether you have sufficient funds for the transaction. As an account owner, you may request email or mobile text alerts for low balances or your daily balance. To register for these alerts, you log in to your account, and select “Alert Options” and “Alert Settings.”
Your Bank of America EDD Debit Card Charges
You can avoid fees by using your EDD Bank of America Debit Card carefully. Most merchants don’t charge when you make purchases. Similarly, most grocery stores will offer your cashback without charging any fees whenever you make purchases. Also, you may access cash facilities from credit unions, bank tellers, and ATMs. However, you may attract charges if you exceeded the number of permitted free transactions at ATMs other than those of Bank of America.
The following transactions do not attract any fees on your EDD Debit card:-
- Domestic card replacements.
- Live and automated customer service inquiries.
- Balance inquiries at online customer service and ATMs.
- Direct deposit transfers to savings or checking accounts.
- Cash withdrawal from credit unions, banks, and ATMs.
- Two free cash withdrawals at non-BOA ATMs for every deposit.
- Cash-back whenever you purchase at US post office locations, drug stores, and grocery stores.
Does Your EDD Debit Card Affect Your Credit Score?
It’s worth noting that your Bank of America EDD card isn’t linked to any credit line, and as such won’t reflect, in any way, on your credit report. The card is only an avenue to enable you access to your benefit payment funds from your account after a successful Bank of America EDD login.
Tracking Your EDD Debit Account Transaction Activity
EDD Debit Account holders can access their accounts’ transaction activity at any time of the day or night on BOA’s website. They may also call the bank through its toll-free customer service for automated information on their recent transactions and deposits. In addition, they get notified immediately if they have any new deposits. Similarly, they can sign up for alerts to receive such information on their mobile phones and at no cost.
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