Eip Card For Stimulus

Fortunately the stimulus eip cards aren t terrible when it comes to fees but there are still a few you ll need to dodge.

Eip card for stimulus. Eip cards are different than direct express cards. Remember that in all cases before you use your stimulus debit card for. Eip cards will be sent in a white envelope that prominently displays the u s.

Your economic impact payment card eip card contains the money you are receiving under the covid related tax relief act of 2020 or the coronavirus aid relief and economic security act cares act. 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. According to a treasury press release for the first round of payments those who were eligible received the first stimulus payment by eip card instead of by check if they filed their taxes but.

They can also withdraw cash at an atm. The new round of stimulus payments are 600 for individuals who earned up. Angela lang cnet millions of americans have already received their second stimulus check of up to 600 per eligible.

Start using your eip card. Department of the treasury bureau of the fiscal service as part of the us debit card program. The eip card is sponsored by the u s.

People who receive their stimulus payment on a eip card can keep the money there and use it like a regular debit card until they ve spent every penny. The eip card has the visa name on the front of the card and the issuing bank name. If you have an existing direct express card you can still expect to receive your stimulus payment on that card.