EDD Bank of America
The EDD Bank of America debit card is a card that provides you a whole new way to obtain your Disability, Unemployment, and Paid Family Leave financial benefits. This card is for approved benefits recipients and is immediately delivered to them through the mail.
When you receive your card, it will remain valid for 36 months (three years) from the day the card is sent to you. All of the applicable benefits can be managed digitally and spent using the same card. You can use the EDD Debit Card like a credit card because it is recognized and operated by the same companies as Visa. Any store that accepts Visa cards will accept the EDD debit card as well.
There are plenty of benefits to using and having an EDD Bank of America debit card. First, it can be used to make purchases twenty-four hours a day, 7 days a week. In other words, your ability to use the card is not restricted to certain periods of time. Since benefits payments are deposited directly into your Bank of America account, you can start using your money quickly. Otherwise, you would have to wait for a number of different checks to be sent in the mail, and then you would have to wait until the check cashed to spend the money. This outdated system takes too long which is definitely not suited to the needs of those who need to use their money right away.
Since the EDD Bank of America card can be used as a regular credit card, you are able to use it at any store that accepts credit cards. This way, you don’t need to withdraw your money as cash in order to buy what you need. Like a charge card, you can also use the EDD Bank of America card at an ATM to withdraw your money as cold, hard, cash. This saves you the trouble of waiting for the bank to open or standing in line for an open teller. This situation sounds even more difficult to live with when you consider that banks are often open for only a few hours at a time on most days, or not at all on some weekends and most holidays.
Finally, you are also able to use your EDD Bank of America debit card to cover any other costs much like you would a credit card. You don’t have to wait to get your money or get cash from an ATM just to pay your bills and buy groceries.
If you have access to the internet, you can set up your account so that you always receive alert messages whenever there’s a deposit into your account. You can even determine whether you want to receive these notifications through text messages or emails to the account of your choice.
If you are approved for the EDD Bank of America debit card, then you can be ready to receive your card around two weeks after your first week of payments. When you finally do get the card, you will also find a terms and conditions manual, a budgeting guide, information for contacting customer service, a Bank of America services guide, and a few other useful documents.