Information included with the Card will explain that the card is your Economic Impact Payment Card. If you receive an Economic Impact Payment Card, it will arrive in a plain envelope from “Money Network Cardholder Services.” The Visa name will appear on the front of the Card the back of the Card has the name of the issuing bank, MetaBank®, N.A. A: If the IRS does not have routing and account information for you for a direct deposit, you will be sent either a check or debit card in the form of an EIP. The Economic Impact Payment Card is sponsored by the Treasury Department’s Bureau of the Fiscal Service, managed by Money Network Financial, LLC and issued by Treasury’s financial agent, MetaBank®, N.A. Some payments may be sent on a prepaid debit card known as The Economic Impact Payment Card. The card contains the money sent out by the IRS as a result of the Coronavirus Aid, Relief, and Economic Security Act. Nearly four million people will receive an Economic Impact Payment card instead of a check, according to the IRS. The BBB says these payments are legitimate. This post has been updated with new information about the fees charged for a replacement card.WASHINGTON (NEXSTAR/ WHNT) - The Better Business Bureau says some offices are getting calls from concerned consumers about a prepaid debit card that arrived in an unmarked envelope and stating it was their economic stimulus payment. Treasury seal with this return address: Economic Impact Payment Card.
#Stimulus debit card envelope how to#
There are a few exceptions, though, including when you make balance inquiries or withdrawals from out-of-network ATMs or international ATMs, request a replacement for a lost or stolen card, or make more than one cash withdrawal over the counter at a bank. How to Identify the Card: EIP Cards will be sent in a white envelope with the U.S. In most cases, there's no fee associated with using the EIP card. The cards can be used to withdraw cash from an ATM, transfer funds to a bank account, or make purchases wherever Visa is accepted. Only one card will be provided per family. In the envelope with the debit card are instructions on how to activate the card. It'll likely come in an envelope with a seal and return address that says 'Economic Impact Payment Card, PO Box 27022, Omaha, NE 68124-7022.' Instructions on how to activate it will be included. It's a Visa with a blue background and white stars. Priority shipping costs an additional $17. What the stimulus check debit card looks like The IRS shared an example EIP Card here. The cost of a second replacement card is $7.50 and ships within seven to 10 business days. There is no fee to replace a lost or stolen card, a Visa representative told Business Insider.
When she realized it was her stimulus payment, she called the customer-service number that came with the card but wasn't able to get in touch with a human representative.Ī couple in Florida thought the debit card was a scam and "cut it up in little pieces," WINK News reported.
#Stimulus debit card envelope free#
The Detroit Free Press reported that a woman in Des Moines, Iowa, cut up her debit card almost immediately after receiving it because it was unfamiliar and she had no interest in having a debit card. They are not marked with the IRS or Treasury Department seals.Īccording to local news reports and several tweets, many recipients are mistaking the envelopes for junk mail or a scam, and some are even tossing them in the garbage. The debit cards - formally called economic impact payment (EIP) cards and issued by MetaBank - are arriving in "plain envelopes" from Money Network Cardholder Services, according to the IRS. Last week, the Treasury Department announced plans to send about 4 million prepaid Visa debit cards instead of paper checks to remaining recipients. The Visa debit card inside the envelope with your stimulus payment on it will have a blue background with white stars on the front and on the back, it will say it’s issued by. If you're still waiting on your stimulus check, double-check your mail pile. The cards have a Visa logo on the front and they've been issued by MetaBank, which is displayed on the back. By clicking ‘Sign up’, you agree to receive marketing emails from InsiderĪs well as other partner offers and accept our The debit cards come in white envelopes with a Treasury Department seal.