By Tony Romeo
HARRISBURG, Pa. (CBS) – Thousands of Pennsylvanians who access unemployment and workers’ compensation benefits with debit cards will soon be getting a new card that the state treasurer says will save them more than $5 million in fees.READ MORE: Shooting Inside Lancaster's Park City Center Mall Leaves Some Employees Feeling 'Not Exactly Safe'
About 150,000 people – or a bit more than 40-percent of Pennsylvanians who get workers comp or unemployment benefits – get them through debit cards. But state Treasurer Rob McCord says users were being hit with excessive fees.READ MORE: 2 Separate Chester Shootings Leave Man Dead, 2 Others Injured
“A pet example of ours was people were being charged even for not using the card – they were being charged simply for moving the money to their personal account. And we thought there has to be a better way.”
So the state has teamed up with JP Morgan Chase to issue a new card which will see fewer fees, including unlimited in-network ATM cash withdrawals. The number of in-network machines will also increase by 25 percent. Benefits will stop being sent to old cards and will instead go to new cards as of March 15th.MORE NEWS: John Dougherty, Bobby Henon Federal Corruption, Bribery Trial Continues Monday