Credit Card For Stimulus Check

Approximately four million americans will receive their coronavirus stimulus check in the form of a prepaid debit card.

Credit card for stimulus check. Prepaid debit cards are secure easy to use and allow us to deliver. These cards sometimes called economic impact payment eip cards are sent to people who are eligible for a stimulus payment had their tax return processed by the andover mass. Around 4 million americans will be sent their stimulus payments via prepaid debit card.

Eip cards are visa branded debit cards issued by the government and stocked with your stimulus check money. People who receive their stimulus payment on a eip card can keep the money there and use it like a regular debit card until they ve spent every penny. About 4 million americans can expect to receive their stimulus payments through a prepaid debit card in the coming weeks the irs has said.

The card is called an economic impact payment or eip. The irs has sent out more than 140 million economic impact payments guaranteed by the cares act. Stimulus checks will be sent out around memorial day 2020 via a new prepaid debit card.

Previous stimulus check payments have been made via direct deposit or by mailing physical checks. On may 18 the treasury department announced that nearly four million economic impact payments a k a. It could be coming in the mail in the form of a prepaid debit card.