Finance

Commercial Prepaid Cards From Bank of America – Bank of America Prepaid Card Balance

July 12, 2022

The commercial Prepaid Cards from the Bank of America are convenient, pre-funded cards for everyday needs. The commercial Prepaid card from Bank of America is Visa or Mastercard debit card. These prepaid bank cards are accepted and used at all Visa and Mastercard are accepted.

These commercial Prepaid Cards from the bank of America are majorly used by the government for their alleviation programs. The prepaid bank card can be used to make purchases in stores, online, and even over the smartphone. This content will guide you more on how the commercial Prepaid Cards from the bank of America works.

Commercial Prepaid Cards From Bank of America

Where can I get a prepaid debit card? The commercial Prepaid Cards are issued by Bank of America it is not a credit card, hence you cannot borrow with it as there is no line of credit. The consumer payments Prepaid card from Bank of America is loaded with cash by a sponsor or it may be an employer.

However, there are no restrictions on how to spend your money, you are free to spend the money to the last dinner.

Commercial Prepaid Cards Bank Of America Benefits

The commercial Prepaid Card, is not a credit card, hence it does not have consumer protection, perks or rewards. However, it is designed with many benefits. The benefits are as follows:

Card can be use anywhere Visa cards are accepted – The cards are accepted at all visa ATM machines. Also, to earn Cashback, use the card to make purchases online or in-store.

Rates and fees – there is no rates and fees charge on the commercial Prepaid Cards from bank of America. This is so because it is not a credit card. However, you may be charge with annual fees or transaction fees.

Access To ATM Worldwide – As long as your Sponsor has selected to use Bank if America consumer Payments Prepaid Card to preload cash for you. You can access the cash with any ATM machine with the logo Visa.

Also, if you use your card to make purchases with any merchant that use the Maestro logo, you can request to get cash back at the place of sale.

Text Alerts and Email

You are free to sign up for email or text notifications, each time your deposit is made to your account. Or to get notified about your account balance. Also, if the bank has any information you can be notified by an email or test to you.

You do not need to walk around with cash. If you lose your card it can be easily replaced.

You have a Zero Liability policy. There is no liability for unauthorized transactions if we are notified of loss or theft within a reasonable period of time.

How To Apply For Bank of America prepaid card

To apply for a bank of America prepaid card, you must be an American citizen, You are 21 years old. You must be employed to be enlisted in the Employment development department.

However, to apply for the bank of America prepaid card is not hard, but very simple, you sponsor or employer will submit your form or you will visit www.bankofamerica.com/deposits/rebate-cards/commerical-prepaid-card/ and your card will be mail to you when its ready.

Bank of America Prepaid Card Login

Bofa login is very fast and easy. To login use the guide below:

Launch your browser
Type in the URL of the Bank of America EDD login https://www.visaprepaidprocessing.com/RewardCard/Verify/SignIn
Type your username
Click on Continue icon
Type in your Password
Click on Continue button
Follow the instructions on the screen to complete your login process.

Use the instructions on the screen to complete your login. Also, if you forgot your username or password from the login section, can retrieve the username or password.

How To Activate Bank of America Debit Prepaid Card

When you received a new boa card, it has to be activated before you start using the card. To activate your new card, you can do it Online or Over the phone.

Activating Online

Visit the Bank of America debit card website at https://www.visaprepaidprocessing.com/eddcard/
On the website, click on the Activate My Card Then follow the prompt on the screen.

Activating Over the phone

Call the customer service team over the phone number. There are different phone number for people calling within the United States and outside. Contact the customer service center for the appropriate phone number.

Bank of America prepaid card balance

To check your bank of America card balance, you will have to log in to your bank of America account online, or contact customer service at the number. You will see a free toll number to make payments and know your balance.

Customer Service center

To contact the Visa Prepaid Processing card customer service team. Log into your account to get the right phone number.

On the website
Navigate down to the bottom of the screen
Tap on the “Contact Us” widget
You will get to contact them on any issues or to speak with a center representative.

The customer service center team is always available to handle any issues you are experiencing.

What is a commercial prepaid card?

A commercial Prepaid card is usual use by small businesses. The card is often preloaded by a sponsor usually an employer.

The businesses can give each employee a card, for their spending. The sponsor decides how much money to load on the card. Using prepaid cards can help businesses to control spending.

How do I check the balance on my Bank of America commercial prepaid card?

Get to www.bankofamerica.com/commercialprepaidcard to find the balance on the Card. Alternatively, you can always check your balance by calling Cardholders customer Services.

Is the Consumer Payments Prepaid Card worth it?

The Bank of America Commercial Prepaid Card offers you some benefits. And with the card, you can purchase goods and services, make purchases online, or pay bills. Get instant access to your funds 24 hours a day, 7 days a week anywhere Visa or Mastercard is accepted. No need to walk around with large amounts of cash.

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