The name “EDD card” is a nickname for the EDD Bank of America debit card. This card is for people who are recognized as approved recipients of Disability, Unemployment and/or Paid Family Leave benefits. If you qualify by meeting the necessary criteria, you will get the card sent to you in the mail. You will also receive related instructions and catalogues to help you learn how to use the EDD Bank of America debit card.
The EDD card offers a wide variety of benefits you can take advantage of after you finally get your hands on it. You will normally get your EDD Bank of America card a few weeks after you complete the registration process. The debit card will be valid for thirty-six months/three years following the night the card is sent out to you. Because the card works like any credit card, you are able to use the card at any stores that have credit card payment facilities. This makes it easy and hassle-free for you since you don’t need to carry cash around.
You can use the card just as you would a regular credit card as long as the transaction is approved properly. The EDD Bank of America debit card can be used at any time, twenty-four hours a day, seven days a week. When you receive your benefits from unemployment and other programs, the funds will be moved directly into your card account electronically. When your money has been deposited, you will be informed through an email or text alert. You have the choice to choose which type of alert works better for you. If you do have a cell phone, you should probably elect to receive them as text messages, as you will notice them faster than emails.
Instead of hunting for the closest participating ATM or lining up at a bank teller window, you can use your EDD card to buy what you need. If you need to withdraw cash from your account, you can easily do so from any ATM machine. You can link your savings account to your benefits so you can have access to all of your money at once, without having to move money from one place to another.
The EDD debit card makes managing your money a quick and easy process. You can simply use your card to pay off your bills either online or using your phone. You don’t need to have a bank account with Bank of America, but you could still easily make one to replace your existing amounts and link it to your card.
With the EDD debit card, you will end up saving a great deal of time more than using checks the way you normally would. Getting checks not only demands a lot of your time, but you also need to spend additional time get your various checks converted into cash or to deposit into your account. Using the EDD Bank of America debit card allows you to save more of your money and time by making transactions and other money operations as efficient as possible.