Will My Stimulus Check Be A Debit Card

Some will get debit cards.

Will my stimulus check be a debit card. The cards called economic impact payment cards or eip cards by the irs will. Treasury department seal according to a statement from the department. It would be a lifeline for us.

Americans who received a debit card with their first coronavirus pandemic stimulus payment in 2020 should not expect that the card will be reloaded with the second payment that is now going out. It might be the second stimulus check payment you ve been waiting for just in the form of a prepaid debit card. And for a few the money won t come via direct.

The irs says they will get a new form of payment which could be another card. Stimulus checks not getting into hands of millions of low income americans aarp said some of its members did toss their payments after mistaking the envelopes for scams. The 600 stimulus payments from the latest 900 billion coronavirus relief act are hitting bank accounts and mailboxes for millions of americans.

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 debit cards come in white envelopes with a treasury department seal. The debit cards can be used to withdraw cash from an atm transfer funds to a.