Maryland Unemployment to get Direct Deposit Payment Option

Maryland Unemployment finally catches up to the 2020’s and adds direct deposit as payment option for unemployment payments

MARYLAND — Direct deposit will soon be available to Maryland unemployment insurance claimants. In an effort to combat fraud the use of debit cards will also go away because they do not have the chip security feature.

Secretary of Labor Tiffany Robinson said the state is switching their unemployment insurance payment vendor from Bank of America to Wells Fargo.

Robinson added that the state Treasurer’s Office already has a contract with Wells Fargo and it should be an easy transition for customers.

Claimants will enroll by entering their bank account information right into their BEACON portal.

If claimant’s don’t have a bank account, they will be provided with the option to receive a paper check.

A claimant’s benefit payment will be automatically and directly deposited into their account every week that they request benefits and are determined eligible to receive payment. There will no longer be a need to keep and retain a separate debit card for benefits. Claimants can easily access and spend their benefits directly from their personal bank account.