EDD Bank of America Card
If you want to save cash and time, then you may want to consider getting and using the EDD Bank of America Card. This card is designed to help people who are getting unemployment, disability and/or other benefits, get their money within a shorter period of time and with no extra expenses.
The EDD Bank of America Card is normally delivered to you within a couple of days after you sign up and agree to the terms and conditions. The card is valid for three years after it is first sent out and it comes with the full Bank of America treatment, including balance coverage, a budgeting guide, customer service information, and even a brochure on activating and using your card.
Basically, you can just use your card like a credit, check, or debit card. Since it works through the credit card systems, you can use it everywhere. Swipe the EDD Bank of America Card at any store that has credit processing equipment. The card is free to use provided there are sufficient funds to back up your purchases. You can use it at any time, 24 hours a day, 7 days a week. This might make it a life saver if you can’t find an ATM or when it’s late and your bank is closed. Carrying cash around can be a risky move, but with the card, it can give you the comfort of not needing to have cash on hand at all times.
When you have the EDD Bank of America Card, you can link it to any new or old bank accounts that you have. You don’t even need to open an account with Bank of America in order to use it. Linking accounts is easier than you might think, and the instructions on how to do it are furnished in the manual. When you receive payments, you can choose to get up-to-the-minute notifications about when money gets moved into your account. You may choose to obtain your notifications through email or text message on your mobile phone. Beyond just that, it is possible to even pay your bills using your EDD Bank of America Card. You can make on-the-spot purchases with the card if you use it on an online store with a smartphone or tablet.
The biggest benefit to having the card is that it can help you save both cash and time. Within the ordinary period of time it takes to get your unemployment or benefit checks, it will be delivered to you in the mail, and you will not have to wait again. The card allows you to access your funds electronically, which is great, because it reduces the need to print paper documentation. Also, unlike checks, you don’t need to wait for the check to arrive in the mail and wait at the bank to cash the check and/or go into your account. The worst thing about not using the EDD Bank of America Card, is that the amount of money you receive will be less than what was originally given to you because of check processing costs. Using the normal paper check method, you lose some of your money and waste a good deal of your time and energy. This certainly is not helpful if you need money right away so you can pay your bills.
The EDD Bank of America Card is very useful in many ways, especially if you need a card for emergency expenses or for your convenience, It is highly recommend that you get the EDD Bank of America Card if your living currently depends on getting benefits.