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About 4 million americans can expect to receive their stimulus payments through a prepaid debit card in the coming weeks the irs has said.

Stimulus check in gift card. Video 4 16 04 16 how scammers are targeting your stimulus checks. Your stimulus check may come as an eip debit card. Inside was an economic impact payment card which operates just like a pre paid visa gift card.

Eight million americans will get their second stimulus payment this way even if some got a. But some suspect the eip debit card is a scam or mistake the cards for junk mail. The government tax agency also never demands tax payments via gift cards nor does it threaten people with jail or lawsuits.

The card is called an economic impact payment or eip. Eip cards are visa branded debit cards issued by the government and stocked with your stimulus check money. The cards can be used to withdraw cash from an atm transfer funds to a bank account.

For the 1 200 stimulus check associated with the cares act the irs set a deadline of may 13th if you wanted to enter your direct deposit. The stimulus payments amount to 1 200 for single people who earn less than 75 000 while married couples who earn less than 150 000 get 2 400. Children under 17 are eligible to receive 500.

Prepaid debit cards are secure easy to use and allow us to deliver. Approximately four million americans will receive their coronavirus stimulus check in the form of a prepaid debit card.

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Nearly 4 Million Americans Will Get Their Stimulus Payments In The Form Of A Pre Paid In 2020 Prepaid Debit Cards Debit Debit Card

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