What do you know about the Visa Prepaid Processing EDD? The employment development department will be introducing new chip-enabled debit cards soon and in this post, everything in regards to this will be shared, from new cardholders to existing cardholders.
Visa Prepaid Processing EDD
Starting from the 25th of July, users will receive a new chip-enabled debit card but if only you meet up with a few requirements such as;
- If you are a new claimant receiving the EDD benefits for the very first time.
- If you have a card that will be expiring soon.
- Lastly, if you need a replacement card due to the fact that your card is expired or it has been lost, damaged, or stolen.
That’s it. If you have any questions in regards to the activity on your account in relation to fraud or suspected fraud, you should contact the bank of America.
About The EDD Debit Card
The employment development department (EDD) issues benefit payments for disability insurance, paid family leave, and unemployment insurance claims by using a visa debit card. This very prepaid debit card by visa is convenient, fast and a safe way to get access to your benefit payments and it is also not subject to a credit check or anything like monitoring by the EDD. With the visa prepaid EDD card, you can;
- Get access to your funds sooner than normal.
- Use the card anywhere VISA is accepted, online, in-person, and by phone.
- Withdraw cash from banks, ATMs, and stores having cashback options.
- Get to transfer funds to the financial institution of your choosing at no additional cost.
- Get notified whenever a deposit is made to your card or whenever you have a low balance.
- Receive protection in regards to fraud from a zero liability policy.
That’s all! You should know that your card is valid for three years starting from the time or the date that the card is issued and is used for all EDD benefit programs. With that being said, you should keep it until it expires.
For new cardholders that have not received a card from the EDD before, the bank of America will mail you a card immediately after your very first benefit payment has been issued by the EDD. This can take up to 7 to 10 business days for you to receive your card in the mail.
You can activate your card online by visiting the bank of America debit card website and selecting the activate my card button. You can also activate your card by phone.
For existing cardholders, know that your card is valid for three years from the issuance date and it can be used for all EDD benefit programs.
If you have participated previously in an EDD benefit program using a card and also began participating in an EDD benefit program again within three years if the date that the card was issued, you will not have any reason to wait for a new card in order to receive benefits.
The bank of America and the EDD will continue to load funds into your existing card and you will also have immediate access to them.
It will take at least three weeks for to you process a claim for unemployment benefits and also issue payment to most eligible workers. Information in regards to payment for unemployment insurance is updated daily and it is also available via your UI online account.
Visa Prepaid EDD Card Login
You can always login and get access to your EDD account information online. To do this, go to Visa Prepaid Processing EDD Card Login Page. on this page you can process your card, sign in, and also activate your card.