Berkeley cards are enabled as Demand Deposit Accounts (DDAs). Each card is tied to a routing number and account number. This allows the debit cards to be funded by pushing money directly from a cardholder's paycheck, just as they would to a bank account.
We have integrated direct deposits, so users can automatically move money from an employer to their card.
Berkeley debit cards are insured up to $250,000 by the Federal Deposit Insurance Corporation (FDIC) and Canada Deposit Insurance Corporation (CDIC). This protects the money held on the cards, in the event of a failure by the sponsor bank.