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And for about 8 million americans the money will.
Stimulus check sent as debit card. About 4 million americans received debit. Now nearly 4 million americans are being sent stimulus checks by. The cards called economic impact payment cards or eip cards by the irs will.
And for a few the money won t come via direct. With stimulus checks designed to stimulate the economy by putting money into circulation one might think the government issued debit cards to make it more likely that people would spend the funds rather than save them. The 600 stimulus payments from the latest 900 billion coronavirus relief act are hitting bank accounts and mailboxes for millions of americans.
You can use your debit card anywhere visa is accepted to make purchases pay bills and get cash back at the register from merchants that offer that service. Formally called eip economic impact payment cards the debit cards are an alternative to receiving a paper check. Millions of americans have received economic impact payments or stimulus checks via direct deposit in their bank accounts.
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