The Bank of America (BofA) issues the EDD debit card to the beneficiaries, and you can receive your benefits via the card. The bank will always send you a mail to inform you that you have received the funds. You may not get a notification immediately if you receive your claims due to the high volumes of the benefits that the bank has to process. It may take a few days to get your notification about your funds after they are in your account.
An EDD debit card is like a regular debit card whereby you can use it for various types of transactions such as payment of goods and services online and swiping at physical stores. Also, the Visa debit card allows you to withdraw funds at ATMs that accept Visa cards. The card has no minimum amount to maintain in your account, and you may withdraw all your benefits if you so wish.
Can you transfer money from the EDD card to a bank account?
You can transfer your money from the EDD card to your bank account (personal checking or savings account) with ease by setting up a direct transfer. If you set up a direct transfer, it means that you can transfer funds electronically from your card to your bank account.
Once you receive your EDD debit card, you should call the Bank of America (the card issuer) via 1-866-692-9374 (voice) or TTY 1-866-656-5913 to help you carry out the whole process. You can even contact the Bank of America online and request them to set up the direct deposit. When setting up direct deposit for your EDD card, you need;
- A debit card (issued in your name)
- An active email account.
- The bank account and routing number for the account where you want to transfer the funds.
Once BofA completes the direct deposit process, you can then transfer funds to your bank account online. One can send money with a checking account number instantly to other account holders of your bank once the balance reflects in your bank account.
Furthermore, with money in a checking account, you can pay bills, recharge other cards, send them to mobile wallets, and so on. You can download the BofA Prepaid Mobile on the App Store or at Google Play Store and create an online account for your EDD card.
You do not need an account with the Bank of America to get the debit card. Moreover, you do not need to have an account with any other bank to receive the card. That means you can decide to use the card independently. If you set up a direct deposit, you can modify or cancel it at any time.
How long do I wait for the EDD debit card?
Once you certify for the benefits, BofA sends you the card during the first week of your benefit payments. EDD approves all the payments made to your card. The card may take up to 5 business days to arrive at the address you provide during the application.
After that, EDD subsequent payments will automatically reflect in your card account as soon as they remit. State Disability Insurance beneficiaries receive the debit card, a payment notification (DE 2500E), and a message for the California debit card for Unemployment and Disability Benefits.
Usually, your debit card comes with;
- Information about the card
- Instructions to activate
- Quick Reference Guide, which has customer service and fee schedule information
- California Employment Development Department Card Deposit Agreement containing Schedule of Bank Fees
- Privacy policy of the Bank of America
The bank of America advises you to activate the card immediately when you receive it. You should c