Last updated on December 5, 2025
Navigating your EDD benefits can sometimes feel a bit tricky, especially when you need to get those important funds into your personal bank account. Many people wonder, “Can You Transfer Money From EDD Card To Bank Account?” The good news is, yes, you absolutely can! This guide is here to walk you through all the ways to move your money, whether you’re setting up direct deposit for future payments or transferring funds from your current Money Network prepaid debit card to a checking or savings account. We’ll cover everything you need to know to manage your California Employment Development Department benefits smoothly in 2025.
Key Takeaways: Quick Answers for EDD Transfers
If you’re looking for the fastest way to manage your EDD funds, here’s the rundown:
- Direct Deposit is Best: Setting up EDD direct deposit is the most convenient and recommended way to receive your benefits directly into your personal bank account.
- Money Network Card Transfers: You can easily transfer money from your Money Network EDD card to your bank account using the Money Network website or their mobile app.
- Old Bank of America Cards: If you still have an old Bank of America (BofA) EDD card with funds, you’ll need to use specific methods outlined in this guide to access that money.
Understanding Your EDD Benefits Payment Options
The Employment Development Department (EDD) is California’s agency that provides vital financial benefits like Unemployment Insurance (UI), Disability Insurance (DI), and Paid Family Leave (PFL). When you’re approved for these benefits, the EDD needs a way to pay you. For many years, the EDD used Bank of America debit cards. But, in early 2024, they officially transitioned to using the Money Network prepaid debit card as their primary method for distributing benefits, unless you choose direct deposit. This means most new benefit recipients will either get a Money Network card or set up direct deposit from the start.
Setting Up Direct Deposit for EDD Benefits (Recommended)
Setting up Direct Deposit is by far the easiest and most secure way to receive your EDD benefits. This links your benefits directly to your personal bank account number and bank routing number, cutting out the middleman debit card entirely. Here’s how you can set up direct deposit:
Via myEDD, UI Online, or SDI Online
The EDD provides dedicated online portals to manage your benefits and set up direct deposit. If you’re receiving Unemployment Insurance (UI) benefits, you’ll typically use UI Online. For Disability Insurance (DI) or Paid Family Leave (PFL) benefits, you’ll use SDI Online. Both of these are accessible through your main myEDD account.
- Log In: Go to the official EDD website and log into your myEDD account.
- Navigate to Payments: Look for a section related to “Payment Options,” “Manage Payments,” or “Direct Deposit.”
- Enter Bank Information: You’ll need your bank’s routing number and your specific account number (checking or savings). Double-check these numbers carefully to avoid delays.
- Confirm and Save: Follow the on-screen prompts to confirm your details. It might take a few days for the EDD direct deposit setup to fully process, so your first payment might still go to your Money Network card if it’s already scheduled.
Once set up, your benefits will automatically go straight into your bank account, often with a faster direct deposit processing time than waiting for a debit card reload.
Transferring Funds from Your Money Network Card to a Bank Account
If you’re currently receiving your benefits on a Money Network prepaid debit card, you can still easily transfer funds from your unemployment card to your bank account. Many people choose to do this to consolidate their money, pay bills more easily from their checking account, or build savings. Here’s how to move your EDD funds from your Money Network card to a personal checking or EDD card to savings account:
Using the Money Network Mobile App
The Money Network Mobile App is available for free on both the App Store (for Apple devices) and the Google Play Store (for Android devices). It’s a convenient way to manage your card on the go.
- Download and Log In: Get the app and log in using your Money Network card details.
- Select “Transfer Funds”: Look for an option that says “Transfer Funds,” “Move Money,” or similar.
- Add Bank Account: If you haven’t already, you’ll need to link your bank account. This typically involves entering your bank’s routing number and your account number.
- Enter Amount and Confirm: Decide how much you want to transfer from Money Network card to bank, then review the details and confirm the transfer.
Using the Money Network Website (moneynetwork.com)
You can also manage your card and initiate transfers online.
- Visit the Website: Go to moneynetwork.com and log in to your account using your card number and PIN.
- Find Transfer Options: Navigate to the section for transferring funds.
- Input Bank Details: Provide your bank’s routing number and your account number.
- Initiate Transfer: Enter the amount you wish to transfer and confirm.
Transfers usually take 1-3 business days to appear in your bank account, but this can vary depending on your bank and the time of day you initiate the transfer. Make sure you understand any potential EDD card fees for transfers before you initiate one, though many standard transfers are free.
Accessing Funds from Your EDD Money Network Card: Other Options
Sometimes, you might need cash quickly or just prefer to use your card directly. Your Money Network card, which carries the Visa logo, offers several ways to access your funds beyond bank transfers.
Other Ways to Get Cash from Your EDD Card
| Method | How it Works | Potential Fees | Important Notes |
|---|---|---|---|
| ATM Withdrawal | Use your card and PIN at an ATM to withdraw cash. | Potentially free at in-network ATMs (e.g., MoneyPass, Allpoint). Out-of-network ATMs may charge a fee, plus the bank owning the ATM might charge a surcharge. | Look for MoneyPass ATM network or Allpoint ATM network logos for fee-free withdrawals in the USA. There are daily withdrawal limits. |
| Cash Back at Retailers | When making a purchase at many grocery stores or retailers, you can request cash back with your debit card. | Usually free. | Requires a purchase. Limits vary by retailer (often $20-$100 per transaction). |
| Bank Teller Withdrawal | Visit a bank or credit union that accepts Visa debit cards. You can withdraw cash directly from a teller. | Usually free. | You might need to show ID. Not all banks may process this as smoothly as your own bank would. |
Always be aware of your daily withdrawal limits and any fees associated with each method to avoid surprises. Checking your balance through the Money Network app or website before you go is a good practice.
What if You Still Have a Bank of America EDD Card?
If you’re still holding onto an old Bank of America (BofA) EDD card with remaining funds, don’t worry – that money is still yours! The EDD’s transition to Money Network means new benefits are no longer issued to BofA cards, but you can still access any existing balance. You can continue to use your old Bank of America EDD card until the funds are depleted or the card expires. You can:
- Make purchases anywhere Visa debit cards are accepted.
- Withdraw cash at ATMs (BofA ATMs or others, check for fees).
- Transfer the BofA EDD card balance to your personal bank account through the Bank of America EDD card website or their customer service.
If you have issues or questions about your old card, it’s best to contact Bank of America’s EDD card customer service directly. They can help with balance inquiries or provide guidance on how to transfer funds from an old EDD card.
Managing Your Money Network EDD Account: Tips & Fees
Staying on top of your Money Network EDD card account means understanding how to check your balance, track transactions, and be aware of any fees.
Key Management Tips
- Use the Mobile App: The Money Network Mobile App (available on App Store and Google Play Store) is your best friend for quickly checking your balance, viewing transaction history, and managing alerts.
- Online Access: Log in to moneynetwork.com regularly to monitor your account activity.
- Set Up Alerts: Most prepaid cards allow you to set up email or text alerts for low balances or transactions, helping you stay informed about your funds.
Common Money Network Card Fees
While many essential services are free, some transactions may incur Money Network fee schedule charges. It’s always a good idea to review the full fee schedule that comes with your card or is available on the Money Network website.
| Transaction Type | Typical Fee (as of 2025) | Notes |
|---|---|---|
| Monthly Maintenance Fee | Often $0 | Usually no monthly fee for standard EDD cards. |
| ATM Withdrawal (In-Network) | $0 | At MoneyPass or Allpoint ATMs. |
| ATM Withdrawal (Out-of-Network) | $2.00 – $3.00 (plus ATM owner surcharge) | Avoid these if possible to save money. |
| Bank Teller Cash Withdrawal | $0 | Often free at banks that accept Visa. |
| Balance Inquiry at ATM | $0.50 – $1.00 | Better to check balance via app or online to avoid this fee. |
| International Transaction Fee | ~2.5% – 3% of transaction amount | Applies to purchases or withdrawals made outside the U.S. |
| Card Replacement Fee (Standard Delivery) | $5.00 | For lost or stolen cards. Expedited delivery costs more. |
| Transfer to U.S. Bank Account | Often $0 | May vary; always check the Money Network website for your specific card’s terms. |
Being aware of these EDD card transaction fees helps you make smart choices and keep more of your benefits.
Common Questions & Troubleshooting for EDD Transfers
Even with all the information, questions can pop up. Here are some common ones about EDD fund transfers.
How long does an EDD transfer take?
For direct deposit, once set up, funds usually appear in your bank account within 1-3 business days after the EDD processes your payment. For transfers from your Money Network card to a bank account, it also typically takes 1-3 business days. Remember, weekends and holidays can affect EDD transfer time.
What if my EDD card has not arrived?
If your EDD card has not arrived within the expected timeframe (usually 5-7 business days after your first payment is processed), you should first log into your myEDD account to confirm your mailing address. Then, contact EDD customer service or Money Network customer service. They can help you track your card or order a replacement.
Can I link my EDD card to Cash App or other payment apps?
Yes, you can often link your EDD card to Cash App or other payment apps like PayPal or Venmo. You would add your Money Network card as a debit card in the app’s settings. But, be aware that these apps might have their own fees or limits for transfers, and these EDD payment apps themselves are not directly affiliated with the EDD or Money Network.
What if I have issues with direct deposit?
If you encounter direct deposit issues with EDD, such as funds not appearing or going to the wrong account, immediately log into your myEDD account to verify your bank information. If it’s correct, contact your bank and then EDD customer service. Incorrect routing or account numbers are common culprits.
Protecting Your EDD Benefits: Fraud Prevention in 2025
Unfortunately, scammers are always trying to get their hands on benefits. Protecting your EDD funds and personal information is crucial. The EDD, along with Money Network, has implemented various measures to help, including using Socure for identity verification. Here are some tips for EDD fraud prevention in 2025:
- Guard Your PIN: Never share your card’s PIN with anyone, not even someone claiming to be from EDD or Money Network.
- Monitor Your Account: Regularly check your Money Network card balance and transaction history. Report any suspicious activity immediately.
- Beware of Phishing: The EDD will never ask for your personal information (like your PIN or full social security number) via unsolicited emails, texts, or social media messages. Be wary of any communication that seems off.
- Report Suspicious Activity: If you suspect fraud, if your card is a lost EDD card or stolen EDD card, or if you believe you’re a victim of identity theft EDD, contact Money Network and the EDD immediately to report EDD fraud. The EDD website has specific channels for reporting fraud.
- Strong Passwords: Use strong, unique passwords for your myEDD and Money Network accounts.
Staying vigilant is your best defense against EDD scams.
Eligibility for EDD Benefits and Card Issuance
Before you can worry about transferring funds, you need to be eligible for and receive EDD benefits. Eligibility criteria vary depending on the program you’re applying for, whether it’s Unemployment Insurance (UI), Disability Insurance (DI), or Paid Family Leave (PFL). Generally, to qualify for UI, you must have earned enough wages in a base period, be unemployed through no fault of your own, be able and available for work, and actively seek work. DI and PFL have different requirements related to medical conditions or family care. When you apply for benefits through UI Online or SDI Online, you’ll typically be given the option to choose how you want to receive your payments: either via direct deposit to your bank account or on the Money Network prepaid debit card. Making this choice during the EDD application process helps ensure you get your money in the way that works best for you. For full eligibility details, always refer to EDD.ca.gov.
Frequently Asked Questions (FAQ)
How do I activate my EDD card?
When you receive your Money Network card, it will come with instructions on how to activate your EDD card. Usually, you’ll need to call a toll-free number or visit moneynetwork.com and follow the prompts to activate it and set your PIN.
Does my EDD card expire?
Yes, your EDD card expiration date is printed on the front of the card. Make sure to use all funds before this date. If you still have an active claim and funds remaining, Money Network should automatically send you a new card before your old one expires.
How do I get a replacement EDD card?
If your card is lost, stolen, or damaged, you’ll need a replacement EDD card. Contact Money Network customer service immediately to report it and request a new one. There may be a fee for a replacement card.
What happens if I provide false information to the EDD?
Providing false information to the EDD is seen as fraud and can lead to serious penalties, including disqualification from benefits, repayment of benefits, fines, and even criminal prosecution. Always be truthful in your applications and certifications.
What is the EDD customer service number for card issues?
For issues specifically related to your Money Network EDD debit card (like activations, lost cards, or transactions), you should contact Money Network customer service directly. The number is usually found on the back of your card or on the Money Network website. For general benefit questions, contact EDD customer service.
Conclusion: Smoothly Manage Your EDD Funds
Managing your EDD benefits, whether it’s for Unemployment Insurance, Disability Insurance, or Paid Family Leave, doesn’t have to be complicated. With the shift to the Money Network card and the continued option for Direct Deposit, you have clear ways to access your funds. The easiest way to manage EDD funds is to set up direct deposit. But if you’re using the Money Network card, you now know how to transfer money from your EDD card to a bank account using their app or website, or access cash through ATMs and retailers. By staying informed about EDD benefits payment options in 2025 and protecting your account, you can confidently take control of your finances.
Important note
This article is for general educational purposes only and is not financial advice. Talk to a licensed professional before making major money decisions.
