

Why are some stimulus checks being sent as debit cards? Here's what you need to know about the debit cards, MetaBank and more. This might pose a problem given how many people accidentally trashed their stimulus checks last time. And perhaps most confusingly, the card inside is issued by a company called MetaBank, N.A. There's red writing that declares it's "not a bill or an advertisement," which, if you've ever gotten junk mail before, is normally a sure-fire way to know something's definitely a bill or advertisement. A small Department of the Treasury seal appears in the corner, but the return address is a P.O. In addition to paper checks, about 8 million debit cards are now being sent out.īut they don't look quite as official as you may expect.įormally called Economic Impact Payment Cards, or EIP Cards, the payments are being mailed in plain white envelopes. While most went out via direct deposit and many have already appeared in people's bank accounts, some stimulus payments were relegated to snail mail. The IRS and Treasury Department are in the middle of distributing a round of $600 relief payments to pandemic-stricken Americans. Even though it might seem sketchy, it's not junk mail - it's your second stimulus check.
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Read below to learn more about the stimulus check debit cards and how to use them.ĭon't throw away that strange letter from Nebraska you just got in the mail. The cards themselves will have mentions of Visa, Money Network and MetaBank, N.A. The debit cards, formally called EIP Cards, will arrive in white envelopes emblazoned with the Department of the Treasury seal. Most Americans will receive their third payment via direct deposit, but the IRS is also sending paper checks and prepaid debit cards in the mail. Since then, the United States government has approved and begun distributing a third round of stimulus checks in the amount of $1,400 per person. UPDATE: This story was originally published in February 2021.
