Eip Stimulus Debit Card

The good news is that this card has very low fees when compared to other prepaid reloadable cards issued by the same bank such as netspend click for review.

Eip stimulus debit card. What is the stimulus check debit card. Department of the treasury bureau of the fiscal service as part of the us debit card program. Getty the irs has sent out more than 140 million economic impact payments guaranteed by the cares act.

What does it mean for stimulus checks. Debit card from first stimulus payment won t be reloaded with second. To transfer money from your stimulus debit card to your bank account go to the eip card website or use the money network mobile app and select the option to move money out you ll need.

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. The treasury department on monday announced plans to deliver prepaid visa debit cards formally called eip cards and issued by metabank to people who qualify for a stimulus check but didn t.

Around 4 million americans will be sent their stimulus payments via prepaid debit card. An economic impact payment card is a prepaid debit card that the us treasury used to distribute some stimulus payments under the march. Formally called eip economic impact payment cards the debit cards are an alternative to receiving a paper 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. Either for a paper check or an eip card the irs says on its faq page about stimulus payments.