If you haven't received your stimulus payment it could be coming in the form of a debit card. The IRS this week said nearly 4 million Americans are being sent stimulus checks by prepaid debit card instead of paper check. So you need to know if you were expecting a paper check or direct deposit, you may be receiving an unmarked envelope with a stimulus debit card instead.
Economic Impact Payment cards or (EIP cards) are Visa-branded debit cards issued by the government and are loaded with your stimulus check money. Taxpayers receive EIP Cards because they are eligible for an EIP, but the IRS did not have their bank account information and because their tax return was processed by either the Andover (Massachusetts) or Austin (Texas) IRS Service Center.
Your economic impact payment prepaid debit card resembles a regular debit card. It bears the words "Visa" and "debit" on the front and the issuing bank, which is MetaBank, N.A., on the back. Take note: The EIP card will arrive in a plain envelope from Money Network Cardholder Services. So review your mail carefully to ensure you don't toss it in the trash. Also there’ll be instructions how to activate the card when you receive it.
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