Stimulus Money On Netspend Card

Stimulus status for netspend.

Stimulus money on netspend card. You call customer service at 1 800 240 8100 and select the lost stolen option. Putting stimulus payment on a pre paid card may cause delays depending on how that card processes the incoming funds. About 4 million americans can expect to receive their stimulus payments through a prepaid debit card in the coming weeks the irs has said.

I used liberty tax and had my taxes deposited on a netspend card. Ir 2020 105 may 27 2020 washington as economic impact payments continue to be successfully delivered the internal revenue service today reminds taxpayers that some payments are being sent by prepaid debit card. Better known as stimulus checks the payments worth up to 1 200 per individual are meant to tide americans over as the devastating consequences of the coronavirus pandemic continue to rip through.

Is anyone else recieving this status for their stimulus payment. The debit cards arrive in a plain envelope from money network cardholder services. If you don t want your stimulus money on the prepaid debit card you can transfer that money to your own account.

There is no way to know exactly when your payment will arrive. Since friday april 10th netspend has processed hundreds of thousands of deposits for its customers accounting for nearly 1 billion in stimulus payments averaging between 1 200 to 2 700 per deposit. The april 30th date was the scheduled date to process payment but that doesn t mean it was completed.

How much will stimulus payments be and who gets one. The card is called an economic impact payment or eip. This is exactly half of the amount that was paid out through the cares act.

Published on apr 22 2020 so i wanted to let everyone know that now the irs is giving people the option to get their stimulus relief payment on a netspend debit card instead of in your bank. Through insider s tip line and turbotax s community forum many people raised concerns about what to do if they lost their netspend debit card before the stimulus money was put onto it.