How exactly does the financial institution of America crisis Payment prepaid credit card work?

How exactly does the financial institution of America crisis Payment prepaid credit card work?

Our business consumers (the “Sponsor”) may issue the restricted, reloadable Emergency Payment Prepaid card with their workers or clients during times during the emergencies or catastrophes. The prepaid cards may have a short load quantity, as dependant on the Sponsor. The Sponsor, at their discernment, has the capacity to include funds that are incremental the card, as much as 3 more times. Recipients may use the Card the same as any Mastercard or Visa debit card for acquisitions at an incredible number of merchant locations that accept debit cards, including withdraw money at an ATM or even for “cash straight right back” at a vendor checkout.

Where can the financial institution of America crisis Payment prepaid credit card be applied?

The Cards can anywhere be used Mastercard or Visa debit cards are accepted and also at Cirrus or Visa branded ATMs.

NO PREAUTHORIZED TRANSFERS ALLOWED – You might not make preauthorized regular re re payments by using this Card.

May be the Bank of America crisis Payment prepaid credit card FDIC insured?

Yes, the funds in the Card are FDIC insured.

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