Frequently Asked Questions

FOR ADDITIONAL INFORMATION ABOUT BANK FREEDOM PAYROLL CARD SOLUTIONS PLEASE CALL 1-877-696-4518 OR CLICK HERE TO EMAIL US.

As the employer, how does a Payroll Card benefit my company?
The Bank Freedom Payroll Card program will save you time and money by decreasing your paycheck costs, accounting administration, increase employee productivity and streamline your whole payroll process.

Sounds great for my company, but will a Payroll Card also benefit my employees?
A Bank Freedom Payroll Card saves employees $100’s of dollars a year in check cashing fees and provides a safe alternative to cash, thus empowering employees to make secure purchases, pay bills, and manage their money responsibly.

How much does the Bank Freedom Payroll Card program cost?
The Bank Freedom Pay Card program is FREE to the Employer. For the employee there is no monthly or annual fee if $350 a month or more is directly deposited onto the Pay Card.

The Bank Freedom Payroll Card program sounds great! How do I get started?
Getting started is easy! Click Here to learn how you can have your Payroll Card program up and running fast!

How long will it take to get started?
As soon as your employees sign up, receive their Bank Freedom Payroll Cards, and hand you their signed copy of the Pay Card direct deposit form you can set up their payroll direct deposit. The entire process can be set up in as little as two weeks.

What is the minimum number of employees required to get started?
There is no minimum number of employees to take advantage of offering Payroll Cards to your employees. The Bank Freedom Payroll Card is available to employers of any size. If you have under 5 employees you do not need to enroll your company in the program. Just direct your employees to www.bankfreedom.com and have them sign up for a Pay Card and fill out the direct deposit slip so you can have their pay direct deposited to their Bank Freedom Payroll Card account.

What do I need to do to manage the Bank Freedom Payroll Card program and set up Direct Deposit?
All you have to do is set up direct deposit to your employees Bank Freedom Payroll Card account. Every Bank Freedom Payroll Card has a routing number and account number that will work with your existing Direct Deposit system. You simply set up direct deposit of the Bank Freedom Payroll Cards just like direct deposit of a traditional checking account. It’s that easy!

Will the Bank Freedom Payroll Card program allow me to eliminate all of my payroll paper checks?
It is possible you may be able to eliminate all of your paper paychecks depending upon the laws of your state. Check with your legal council to learn more about the specific payroll laws in your state. Most states require Employees to be able to gain “free and clear” access to their payroll funds. The Bank Freedom Payroll Card satisfies the “free and clear” requirement by providing Employees one free access to their payroll funds per month.

As an employee, why would I want the Bank Freedom Payroll Card?
With a Bank Freedom Payroll Card, you will get immediate access to your money as soon as your employer deposits it into your Payroll Card account, eliminating having to stand in line to cash your paychecks at check cashing facilities. You can get your money at millions of ATMs or Cash-Back at most large retailers and grocery stores through PIN transactions. You also have the ability to share funds with other Bank Freedom cardholders. The Bank Freedom Payroll Card is safer than cash and FDIC insured.

How do I know that the money will be in my Payroll Card account on payday?
Your pay will be available on your Bank Freedom Payroll Card account as soon as your employer authorizes the Direct Deposit. Also, your funds are FDIC insured up to $100,000.

TO GET STARTED NOW OR FOR ADDITIONAL INFORMATION ABOUT BANK FREEDOM PAYROLL CARD SOLUTIONS PLEASE CALL 1-877-696-4518 OR CLICK HERE TO EMAIL US.