Can I Deposit Money On My Unemployment Debit Card

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Chinkle is a financial technology visitor, not a bank. Banking services provided by, and debit card issued past, The Bancorp Depository financial institution or Stride Bank, N.A.; Members FDIC.

Banking Basics

How An Unemployment Debit Card Works

Have you applied for unemployment benefits or received a card? This guide will assist y'all sympathize all the details on how unemployment debit cards piece of work.

Erica Gellerman •July 19, 2020

Gone are the days of waiting to receive an unemployment check in the mail.

Unemployment departments now use cheaper and more efficient methods of getting benefit payments to you. I of these methods is with an unemployment debit card.

If yous've merely practical for unemployment benefits or received a carte du jour, this guide has all the details on how unemployment debit cards piece of work.

In This Article

1. How exercise unemployment debit cards work?
2. Tin I pay bills with my unemployment debit card?
3. When do unemployment benefits go deposited?
4. What if I lose my unemployment debit card?
5. Where tin can I become more information?

When you sign up for unemployment benefits, y'all usually tin can decide how to receive your payments. Ane payment method is via direct debit payments fabricated to your depository financial institution account. Another is via debit cards .

If yous cull to exist paid with a debit bill of fare (or if you don't provide straight deposit information), the carte volition be mailed to you. One time you receive it, you lot'll need to activate it and ready your PIN to apply the card.

Once your menu is set up, you tin can use it just similar other debit cards. For example, you tin make purchases, withdraw cash, pay bills, and more. But, once all of the money on the carte has been spent, you tin't use information technology again until you receive another unemployment payment deposited onto your card.

An unemployment debit card comes with spending flexibility. This means y'all tin employ information technology to pay for the things you lot need.

For instance, your card has the post-obit benefits:

• Purchases and cashback. You can use your unemployment debit menu to buy things and receive cash from an ATM. For instance, if you take a ReliaCard for your Texas unemployment , your carte volition exist a Visa debit card. You can use your card to make purchases or withdraw money anywhere that Visa is accepted. To brand purchases or get cashback, you'll demand to select "debit" and enter your PIN. While this is similar to how most debit cards work, there is i exception. Many unemployment debit cards don't allow you to pay for gas at the pump to avoid the gamble of overdraft . Yous'll demand to go inside and pay.
• Paying bills online. If yous need to pay bills online, similar your utilities or phone bill, you lot can do that with your unemployment debit carte du jour.  If the debit card offers it, you can too set up online bill pay. For instance, the Texas The states Depository financial institution ReliaCard offers an online bill pay selection.
• Withdrawing cash from an ATM. Yous tin use your unemployment debit carte du jour to get cash using an ATM. But, beware: there may be fees if you withdraw money from a banking concern that is out of network. For this reason, it'south important to read the fine print on your state unemployment card before using it at an ATM.  For example, the KeyBank debit menu used for unemployment benefits in Illinois doesn't charge fees when used at an ATM within the KeyBank or Allpoint networks. Just, if you use an out-of-network ATM, you may be hit with a fee.  The ReliaCard in Texas, on the other manus, allows you to withdraw money for free at US Bank, Allpoint, SUM, or MoneyPass ATMs.
• Transferring money to your bank account. If you want to motility your unemployment funds off your debit card and into your bank account, you have the pick to practise this.  Transferring funds can be helpful when information technology comes to paying bills that yous generally tin't pay with a debit card, like your rent or mortgage.  Before yous make a transfer, notwithstanding, cheque with the bill of fare issuer to encounter if they charge fees. For example, the Texas ReliaCard allows you to make two transfers to your banking concern account each month for costless. Any additional transfers that calendar month volition be charged $2.

You tin can await to receive your unemployment benefits onto your debit card weekly or biweekly, depending on your state'south unemployment benefit payment schedule.

For example, Texas and Illinois pay their unemployment benefits on a bi-weekly basis, so y'all should receive payments on your debit carte du jour every two weeks. Georgia pays on a weekly basis, so you can expect to receive payment on your debit card each week.

If you want to check the residual on your card, there are a number of ways to practice that. You tin bank check your balance at an ATM or online with your card issuer. Your menu issuer may also offering the option to sign up for text alerts.

Another important note: Before you start using your bill of fare to spend money, it's a good idea to tweak your budget .

You can asking a replacement card if your carte du jour is lost or stolen. To do then, you'll likely need to contact customer service for the debit menu, not your unemployment bureau.

For example, Texas residents will need to telephone call the US Banking company Reliacard customer service. California residents volition need to call the Depository financial institution of America EDD Debit carte customer service.

If you lose your card or it'southward stolen, telephone call for a replacement carte immediately — your remaining residual will be transferred to a new menu. But keep track of these cards. Many states offer the first replacement card each year for gratuitous just volition charge for subsequent replacement cards.

Your state unemployment office will have information about their unemployment card and FAQs specific to your state. While most unemployment debit cards work in a similar style, there may be differences with fees and payment schedules.

We know that managing your coin correct at present tin exist stressful. This is why it'due south important to empathize your unemployment benefits and employ your unemployment debit card wisely. From there, you can put together a financial plan to help y'all get through this . And recall: You got this.

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