Bank of America is the biggest financial institution of united state. This institution provides financial help to its clients. Recently the financial company offers CashPay card to solutions your business like payment processor. For example if you are a business owner or if you have a company, you may contact with Bank of America CashPay card department to payment your employees’ salaries, overtime, annual or occasional etc bills. Actually the CashPay card systems from Bank of America are very useful, and its helps to you save time, easy and quick way to pay your employees’ bills.
Bank of America cashpay service is using direct deposit systems that can be deposit within 24 hours in your account. So if you use the system you will safe extra cost and times. On the other hand, if you are an employee and if you use the CahsPay card you will enjoy the following benefits.
1. Bank of America provides VISA branded CashPay card, that’s you will use and VISA supported ATM both.
2. Use everywhere to purchase products from store. Note; some store doesn’t support debit card, where it’s not redeemable.
3. It’s providing your human resources department or related program office so you no needed bank offices visit to applying for card.
4. Free online banking account to check your card remaining balance, funds transfer, pay bill etc.
CashPay card regular fees and additional charges
$2.00 maintenance fees are applicable per month.
Card holder can be use 1time per week the card in any ATMs of bank of America. If you use in other visa supported ATM, you will pay $1.50 for each transaction. If you will needed one more time in a week you will pay $1.5 extra charge.
If you use in ATM that out side of USA, you will pay $3.50 for every transaction.
2 times balance check in ATM for free in a month, but if over $0.50 charge applicable.
If needed card replacement, $5 fee for card replacement.
If you want to online fund transfer, its not actually free, the online funds transfer fee is $1.50 for each transfer.
For additional helps, contact with your program officer.