Starting March 15, those using State Debit Cards will be able to get a new debit card which will allow for many new options and less fees.
“We’re talking about continuous improvement in the use of debit cards,” explained McCord.
The new debit card program in Pennsylvania is expected to save Pennsylvanians over $5 million in fees.
“We’ve dramatically expanded the ATM network, so there are 3200 machines people can use for free,” McCord continued.
In addition to more ATM’s in this expanded network, customer service will be provided and fees will drop drastically.
“We were very focused on not just keeping government costs down, but on reducing fees and increasing convenience to the users,” the State Treasurer commented.
Currently, 41 percent of people who receive workers comp and unemployment benefits are active card holders, adding up to over 150,000 Pennsylvanians.
“Plain and simple, this will be a good thing for Pennsylvania,” Deputy Secretary of Unemployment Compensation Gregg Shore exclaimed.
So again, on March 15, the last deposit will be made on current debit cards, and after that date all money will be deposited into the new account for new debit cards.
New cards will start being mailed out in late February and users will have six months to use the rest of the funds on your old debit card.