Stimulus Payment Visa Card

Formally called eip economic impact payment cards the debit cards are an alternative to receiving a paper check.

Stimulus payment visa card. But nearly four million others will receive their payment in the form of a prepaid visa debit card also known as the economic impact payment card. What is the stimulus check debit card. Treasury department seal according to a statement from the department.

The debit cards loaded with stimulus payments will be delivered in white envelopes that prominently display the u s. 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 stimulus funds on your debit card will never expire but your card itself might.

If you receive one of these cards you must first activate your card. If you do get an eip card with your second stimulus payment it s essentially a prepaid visa debit card and you probably know that prepaid debit cards often come with fees. About 4 million americans received debit.

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. And for a few the money won t come via direct. If that happens you ll need to call the irs to either transfer the funds to a new card or get a check.