Stimulus Debit Card Cash Out

You will likely need to activate the card the first round of payments came via a visa debit card for.

Stimulus debit card cash out. You can get cash from your stimulus debit card at any atm up to 1 000 per day though some bank atm limits may be lower. The agency will send out 8 million eip cards to some eligible individuals in the second wave of economic stimulus. If you get the second stimulus payment on a debit card here are some things to look out for.

However it s important that you use the right atm so it doesn t. The irs sent 4 million payments by prepaid debit cards or economic impact payment eip cards as the treasury department has dubbed them during the first set of stimulus payments. You can also withdraw cash from the debit card for free at an in network atm or transfer the funds to a bank account without fees as was the case with the first round of cards.

If you use an out of network atm to withdraw cash from your eip card your first domestic withdrawal will be free but any withdrawal after that will cost 2. If that happens you ll need to call the irs to either transfer the funds to a new card or get a check. Mesquitafms e getty personal finance insider writes about products strategies and tips to help you make smart decisions.

To take any of these actions you can either call 1 800 240 8100 or find out how to take these. The stimulus payment is loaded on the debit card. You can cash out your debit card or get cash back from your debit card at the atm at merchants at the register or you can go to the bank or credit union.

The stimulus funds on your debit card will never expire but your card itself might.