Stimulus Debit Card Atm Withdrawal
Don t ask an atm for the balance.
Stimulus debit card atm withdrawal. However each time you check your account balance on your eip card via atm you will be charged 25 cents. What to know about stimulus debit card fees eip cards carry fees for atm balance inquiries and out of network atm withdrawals. Many of the last 600 economic impact payments came on an eip 2 debit card.
For example with the initial round of debit cards the first withdrawal fee from an out of network atm was. Most atms will ask you if you want to check your card balance before making a withdrawal. How can i activate and withdraw cash from the eip debit card.
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. Your stimulus check may come as an eip debit card. So if you re going to withdraw cash from your stimulus debit card using an atm you ll want to make sure you re doing it only at a network atm in the us.
To avoid fees you ll have to withdraw from the allpoint network of atms. You can use your card at an atm though there s a 1 000 atm withdrawal limit. By susannah snider senior editor financial advisors june 8 2020.
The debit cards can be used to withdraw cash from an atm transfer funds to. For the first round of debit cards there were charges laid out in the fee schedule. If you receive one of these cards you must first activate your card.