Can you transfer money from EDD card to bank account? You can easily send your money via EDD card to your bank account (private or savings account) by making an instant wire transfer. If your installation is a dropship, you can send money electronically from your card to your bank account.
The Employment Development Department (EDD) is a department of the California government that provides a variety of services to job seekers, businesses, and employees. The department offers benefit programs such as disability insurance (DI), unemployment insurance (IU), and paid family leave programs (PFL). Such programs aim to provide financial stability to employees and their families, allowing beneficiaries to obtain EDD cards. I’ll focus on answering the question, ” Can you transfer money from EDD card to bank account?”
What Is An EDD Card And What Is It Used For?
Bank of America (BofA) issues the EDD debit card to payees and you can receive your benefits through the card. The bank always sends you an email to let you know that you have received the money. You may not be notified immediately when you receive your claims due to the large number of distributions the bank has to process. It may take a few days for you to receive your notification about your money once it is in your account.
An EDD debit card is like a regular debit card, where you can use it for various types of transactions, such as paying online for goods and services and shoplifting. In addition, the Visa debit card allows you to withdraw money from ATMs that accept Visa cards. The card has no minimum amount to hold in your account and you can withdraw all your benefits if you wish.
Can You Transfer Money From EDD Card To Bank Account?
You can easily transfer your money from the EDD card to your bank account (viewing or savings account) by setting up a direct transfer. Setting up an instant money transfer means you can electronically transfer money from your card to your bank account.
After you receive your EDD debit card, call Bank of America (the card issuer) at 1-866-692-9374 (voice) or TTY 1-866-656-5913 to help you complete the entire process. You can even contact Bank of America online and ask them to set up a direct deposit. When you set up direct deposit to your EDD card, you must;
- A debit card (issued in your name)
- An active email account.
- The bank account and routing number of the account to which you want to transfer the money.
Once BofA has completed the direct deposit process, you can transfer funds to your online bank account. You can send money with a checking account number directly to other account holders at your bank as soon as the balance is in your bank account.
With money in a checking account, you can also pay bills, top-up other cards, send them to mobile wallets, and so on. You can download BofA Prepaid Mobile from the App Store or Google Play Store and create an online account for your EDD card.
You do not need a Bank of America to account to get the debit card. In addition, you do not need to have an account with another bank to receive the card. This means that you can decide to use the card independently. If you have set up a direct deposit, you can change or cancel it at any time.
How to apply for an EDD debit card online
Create an online account for your EDD card after downloading the BofA Prepaid Mobile app from the App Store or Google Play Store.
To activate a new card online, go to the Bank of America debit card website and click the Activate My Card button.
After EDD pays your first distribution, Bank of America will send you a card. It can take 7-10 business days for your card to arrive in the post.
How long do I have to wait for the EDD debit card?
Once you confirm the payments, BofA will send you the card during the first week of your payment. EDD approves all payments on your card. It can take up to 5 business days for the card to arrive at the address you provided during the application.
After that, subsequent EDD payments will automatically appear on your card account as soon as they are sent. Beneficiaries of state disability insurance receive the debit card, a payment notice (DE 2500E), and a notice to the California Debit Card for unemployment and disability benefits.
- Usually, your debit card comes with;
- Map information
- Instructions to activate
- Quick Reference Guide, with information about customer service and cost planning
- California Department of Employment Development Card Deposit Agreement with Bank Fee Schedule
Bank of America recommends that you activate the card immediately upon receipt. You must carefully read all the information provided with the card to ensure correct activation.
How do you withdraw money from an EDD debit card?
Since the EDD card is just like any other debit card, there are several ways to withdraw your money. The first is what I described above where you can set up a direct deposit to a bank account. Once the money is in your bank account, you can withdraw it at the counter.
You can also withdraw your money from any bank that accepts Visa cards. You have to go to any bank and withdraw money at the counter. You can track your transactions from your online account when you withdraw money at the counter.
The other option that allows you to get cash with your EDD card is to withdraw money from an ATM. There are many ATMs all over the country where you can withdraw money. Withdrawals from Bank of America are free. Plus, per EDD benefit deposit, you can make two free cash withdrawals from any non-Visa ATM network.
How can I withdraw money from my card account if I don’t have an EDD debit card?
If you need money urgently and haven’t received your debit card yet, you should use Bank of America’s domestic emergency money transfer. You should call BofA Customer Service at 1-866-692-9374 (voice) or 1-866-656-5913 (TTY). If you are outside the country, you can pick it up by calling 423-262-1650.
How important is the EDD Debit Card on a bank account?
The first EDD payments are made specifically via debit card, although you can set up a direct deposit so that an amount can always reach your bank account. The debit card has the following advantages.
- That’s handy. Because you keep the card and can take it anywhere, the money is available when you need it.
- Easy to use. A debit card is not as complicated as a bank account, where you need to align and authorize transactions with your signature and some paperwork.
- Safer. The EDD debit card is more secure because several security mechanisms are placed on the card and the online card account.
- Efficient delivery of EDD benefits
The government considers the card better for providing money to beneficiaries as compared to other means.
How to protect the debit card?
There are several ways to protect your card and your money. They include the following.
- Keep the PIN secret. If someone else knows your card’s PIN, they can steal it and withdraw money from an ATM.
- Keep the card in a safe place. You should know that someone can use your card details, such as your card number and CVV code, to pay for goods online. Therefore, you should keep it in a safe place.
- Do not give any personal information about your debit card to anyone impersonating a representative of BofA. BofA does not call, email or email to request personal information such as a pin code, card number, or security code.
- If you have lost your debit card, report this immediately to BofA to block it.
- When managing your account online, do not use insecure internet connections such as public Wi-Fi. Some scammers can access your information through these networks.
The card issuer also has several security measures in place to protect the funds in the card account. The different ways BofA protects your card are as follows.
- End-to-end encryption. The feature ensures that no other party can intercept the communication between you and the servers. It is also advisable to use secure internet connections.
- Using a PIN or Touch ID Because only you know your PIN, no one else can use your card to withdraw money. Also, the touch ID is unique and no one can log in online to make a transaction.
- Password for online access to your card and password reset query. If you enter an incorrect password or a separate answer to the security question, Online Benefits programs will temporarily lock your account.
Is the EDD debit card free?
Most card services are free. However, there are some types of transactions that you have to pay with certain fees. There are no costs associated with the following.
- Refunds on purchases at pharmacies, grocery stores, and US Post Office locations
- Withdrawals from domestic BofA ATMs
- Unlimited cash register access at any bank that accepts Visa cards
- Two free cash withdrawals for every payout from non-Bank of America ATMs
- Instant transfers
- Request unlimited balance at ATMs or online
- Unlimited live and automated customer service questions
- Replace national card
Despite not being charged for multiple transactions, the EDD debit card may charge for the following.
- Withdrawals from non-BofA ATMs after the two free deposit transactions.
- Withdrawals from non-Bank of America ATMs
- Transfer money at home.
- International ATM withdrawals.
After how long does the EDD debit card expire?
The debit card is valid for 3 (three) years from the date of issue. You must make sure to keep it until it expires so that you can destroy it. BofA automatically issues a new card when the current one is about to expire.
The precondition for the automatic card issuance is that you have made transactions with the card that expires within the last 90 days or that you have a balance on the card of at least $20. Once BofA has shipped the card, you must have it within 7-10 days. Otherwise, you will not receive your card and you will have to call BofA customer service to inquire about it.
Bank Of America EDD Replacement Card – Can I get a replacement EDD card?
You can get a free card replacement if you lose your current card or if someone steals it. You can also request a new EDD debit card free of charge if you accidentally damage your current one. You must contact BofA customer service to have the new card shipped to your address.
What happens if you provide false information to get an EDD card?
Once the EDD discovers that you provided the wrong information to take advantage of the claims, you could be suspended from the program or fined. You can even be criminally prosecuted and end up in jail. Fraud leading to overpayments may result in a fine equal to 30% of the overpayment.
How do I qualify for the EDD card?
You must qualify for Employment Development Department (EDD) claims to obtain the card later. To apply for benefits, you can visit the Department of Employment Development website to see if you qualify. Currently, those affected by the Covid’19 pandemic can apply to the extent that they have lost their jobs or received partial payments.
You will need the following information with the application.
- Last employer. Information about your previous employer includes company name, supervisor’s name, address, and phone number.
- Employment History. Includes employers you have worked with in the past 18 months. State your name, address, dates of employment, hours worked per week, gross salary, hourly wage, and the reason you no longer work. You will also need a Federal Employees Notice of Unemployment Insurance if you are a former employee and a copy of DD 214 Section 4 for former military applicants.
- Identity documents. You can take a selfie photo and upload an image of your ID to verify your identity on UI Online.
Please note that you can submit a claim through the online user interface according to the table below.
|Days of the Week||Available Time|
|Sunday||5 am – 8:30 pm|
|Monday||4 am – 10 pm|
|Tuesday – Friday||2 am – 10 pm|
|Saturday||2 am – 8 pm|
Can You Transfer Money From EED Card To Bank Account FAQ
What is the procedure to transfer money from EDD to my bank account?
When you set up an instant money transfer, you can electronically transfer money from your card to your bank account. Call Bank of America (the card issuer) at 1-866-692-9374 as soon as you receive your EDD debit card (voice)
What is the procedure for transferring money from an unemployment card to a bank account?
The first option is to use your PIN to withdraw money from an ATM. The second option is to take your card to a bank and ask the desk clerk to transfer or hand over the money from your card to your bank account.
Is it possible to link your EDD card to your cash app?
Prepaid cards are not accepted in the Cash App; use an accepted bank account or card instead. You cannot currently use a prepaid card to add money to your Cash App account. The Cash App works with linked bank accounts and Visa, American Express, Discover, and MasterCard credit, and debit cards.
Can you transfer money from EDD card to bank account – Conclusion
You can get a debit card from the Employment Development Department. The Bank of America EDD card allows you to transfer your funds to a bank account to use them for various types of transactions. In addition, you can withdraw money from your card at an ATM or at the counter of a bank that accepts the Visa debit card. Your new debit card will arrive automatically when your current card is about to expire.