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14. Juli 2022 · Two federal regulators fined Bank of America $225 million on Thursday for mishandling prepaid debit card accounts used by a dozen states to distribute unemployment benefits during the...
Bank of America EDD Debit Card is a fast and easy way to receive your unemployment benefits. Learn more about the features and benefits of this card, how to activate it, and how to manage your account online. Visit the official website of Bank of America EDD Debit Card today.
- About Your Money Network Prepaid Debit Card
- Report A Lost Or Stolen Card
- Customer Service Help
We issue your benefit payments on a debit card that’s fast, convenient, and secure. Plus, there’s no credit check and we don’t monitor your transactions. With the new Money Network prepaid debit card, you can:
If you lose your card, lock it while you look for it. To lock your card, log in online or download the Money Network Mobile App. If your card is permanently lost or stolen, call 1-888-913-0900. For more information, visit Lost or Stolen Cards.
For more help, you can speak with a Money Network Customer Service representative 24 hours a day, 7 days a week by calling one of the following phone numbers: 1. Within the United States: 1-800-684-7051 2. Outside of the United States: 1-531-262-5282 3. TTY: 1-800-684-7053 Important:Money Network representatives cannot answer questions about your c...
9. Juli 2021 · California’s unemployment agency has extended its contract with Bank of America to issue debit cards containing benefits for jobless residents despite criticism from state lawmakers that...
The Employment Development Department (EDD) has changed banks, and is now issuing unemployment, disability, and paid family leave benefit payments to a Money Network prepaid debit card. Learn more at edd.ca.gov/Debitcard. As of February 15, 2024, EDD stopped funding new benefits onto Bank of America prepaid debit cards. As a result of this ...
14. Juli 2022 · The bank faced $225 million in penalties from federal regulators for botching the disbursement of state unemployment benefits through prepaid debit cards. CNBC reported on the problems faced by customers who had their accounts frozen or funds stolen due to fraud.
If you are a recipient of the California Employment Development Department (EDD) debit card, you can access your account information and manage your funds online with Bank of America. Learn how to activate, replace, or lock your card, check your balance, and more.
