Eip Card And Stimulus Check

An economic impact payment card is a prepaid debit card that the us treasury used to distribute some stimulus payments under the march cares act instead of direct deposit or a paper check.

Eip card and stimulus check. While the irs began sending out second stimulus checks by direct deposit and paper check on dec. In general those who did receive their first stimulus check on an eip card will not have their card reloaded unless they have requested to do so. The new round of stimulus payments are 600 for individuals who earned up to 75 000 or 1 200 for couples who earned up to 150 000 plus an additional 600 for each qualifying dependent child.

You ll either receive a new card in the mail or a check. If you re eligible for a second stimulus check and your payment made the cutoff the irs said your eip card would arrive at the address listed on your last tax return in a white envelope marked. If you do get an eip card with your second stimulus payment it s essentially a prepaid visa debit card and you probably know that.

Eip cards can be used to make purchases get cash back at the register or get surcharge free cash from any in network atm.