How long does EDD Money Network deposit take to appear in my bank account?
I just made my first transfer from my EDD Money Network card to my Chase checking account yesterday afternoon. The confirmation said 1-2 business days, but I'm getting anxious because I have bills due tomorrow. Has anyone done this recently? How long did it actually take for the money to show up in your bank account? Does it matter what bank you use? The agent on the phone wasn't very helpful and just kept repeating the "1-2 business days" line.
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Keisha Johnson
It usually takes 1-2 business days like they said, but it really depends on your bank. When I transfer from Money Network to my credit union, it's almost always available the next morning if I do the transfer before 2pm. Transfers made after that cutoff time or on weekends take longer. Chase is generally pretty quick with ACH transfers though.
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Yara Sabbagh
•Thanks! I made the transfer around 4pm yesterday, so maybe that's why it's not showing yet. I'll try to be more patient.
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Paolo Rizzo
THE SYSTEM IS A JOKE!! I've had transfers take up to 5 DAYS before! They claim "1-2 business days" but that's total BS. EDD and Money Network are in cahoots to hold onto our money as long as possible so they can collect interest. My last transfer took 4 days and when I called they just gave me the runaround!!!
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QuantumQuest
•same happened 2 me last month so frustrating
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Keisha Johnson
•That's not entirely accurate. The delay is usually on the receiving bank's end, not Money Network. Each bank has different processing times for incoming ACH transfers. Money Network initiates the transfer on their end within 24 hours, but they can't control how quickly your bank makes the funds available.
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Amina Sy
mine took like 3 days to hit my wells fargo account but my roommate got hers in like a day with bank of america so idk maybe different banks r different?
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Yara Sabbagh
•Hmm, that's interesting. I wonder if Chase is more like Wells Fargo or BofA in terms of processing speed. I guess I'll find out soon enough!
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Oliver Fischer
The transfer time depends on several factors: 1. When you initiated the transfer (transfers made after 2-3PM typically count as next business day) 2. Your bank's ACH processing schedule (larger banks are usually faster) 3. Whether it's a weekend or holiday (these don't count as business days) For Chase specifically, I've found that transfers from my Money Network card usually appear in 1 business day if done early in the morning, or 2 business days if done in the afternoon or evening. Also, make sure you entered your account/routing numbers correctly, as errors can cause delays.
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Natasha Petrova
•This is super helpful! I've been having the same issue with my Wells Fargo account. I never realized the time of day mattered so much. Do you know if there's a way to do instant transfers from Money Network? I'd be willing to pay a small fee for that option when I'm in a rush.
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Oliver Fischer
•Unfortunately, Money Network doesn't offer instant transfers to bank accounts. Your fastest option is to use the Money Network card directly for purchases or withdraw cash at an in-network ATM (there's a daily limit though). You can also cash out the full balance at certain banks that participate with Money Network, but you'll need to bring your ID and card.
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Javier Morales
when I had this problem last month I tried calling EDD for 3 days straight and couldn't get through. busy signals and disconnects every time!! so frustrating!
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Emma Davis
•I had the exact same issue! I was pulling my hair out trying to get through to them. Finally I found this service called Claimyr (claimyr.com) that helped me get through to an EDD rep in about 20 minutes instead of spending days redialing. They have a video showing how it works: https://youtu.be/JmuwXR7HA10?si=TSwYbu_GOwYzt9km. Totally worth it when you're desperate to speak to someone about time-sensitive payment issues.
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Natasha Petrova
I've been going through this same situation with my EDD payments for months now. Quick tip: if you need the money faster in the future, you can set up direct deposit to your bank account through UI Online instead of using the Money Network card. That way, new payments go straight to your bank. For existing funds on the card though, the transfer time others mentioned is pretty accurate.
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Yara Sabbagh
•I didn't know you could bypass the Money Network card completely! That would definitely be more convenient. I'll check out the direct deposit option in UI Online. Thanks for the tip!
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QuantumQuest
my money finally came thru but took 4 days!!!! so annoying when you got bills due
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Paolo Rizzo
•EXACTLY!!! They don't care that we have BILLS and RENT to pay! The whole system is designed to make it difficult for us!!!
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Oliver Fischer
•For future reference, it's best to initiate transfers at least 3-4 business days before bills are due, just to be safe. The timing can be unpredictable, especially around holidays or when transfers are made late in the day.
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Keisha Johnson
Just to follow up - has your money appeared in your account yet? If it's been more than 3 business days, you might want to contact both Money Network and Chase to make sure there wasn't an error with the transfer.
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Yara Sabbagh
•It finally showed up this morning! It took exactly 2 business days. Not ideal since my bills were due today, but at least it arrived. Thanks for checking back. I'll definitely plan better for next time and transfer the funds earlier.
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Sofia Price
•Glad to hear it worked out! For anyone reading this thread later, it's worth noting that setting up automatic transfers can help too. You can schedule recurring transfers from your Money Network card to happen right after your benefits are deposited, so you don't have to remember to do it manually each time. Just make sure to account for the 1-2 day delay when timing your bill payments.
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