![]() Paper checks will arrive by mail in a white envelope from the U.S. IRS and the Treasury Department urge eligible people who have not received a direct deposit to watch their mail carefully during this period. More people are receiving direct deposits, while those receiving them in the mail may get either a paper check or an EIP Card – which may be different than how they received their previous stimulus payments. Taxpayers should note that the form of payment for the third EIP may be different than earlier stimulus payments. Watch the mail for paper checks, EIP Cards This accelerated the disbursement of these payments by weeks. In addition, the IRS and the Bureau of the Fiscal Service leveraged data in their systems to convert many payments to direct deposits that otherwise would have been sent as paper checks or debit cards. The vast majority of taxpayers receiving EIPs will receive it by direct deposit. Today marks the second batch of payments, with additional payments anticipated on a weekly basis going forward. The IRS initiated the first batch of the $1,400 stimulus payments, mostly by direct deposit, on March 12. ![]() ![]() "Since this new set of payments will include more mailed payments, we urge people to carefully watch their mail for a check or debit card in the coming weeks."įollowing enactment of the American Rescue Plan Act on March 11, the IRS moved quickly to start delivering the third round of Economic Impact Payments. "The IRS continues to send the third round of stimulus payments in record time," said IRS Commissioner Chuck Rettig. People can check the Get My Payment tool on IRS.gov on to see if the their payment has been scheduled. No action is needed by most people to obtain this round of Economic Impact Payments (EIPs). A large number of this latest batch of payments will also be mailed, so taxpayers who do not receive a direct deposit by March 24 should watch the mail carefully in the coming weeks for a paper check or a prepaid debit card, known as an Economic Impact Payment Card, or EIP Card. The debit cards arrive in a plain envelope from “Money Network Cardholder Services.” The Visa debit card will be issued from Meta Bank and comes with a welcome sheet with information to help you verify the card is real.WASHINGTON - The Internal Revenue Service announced today that the next batch of Economic Impact Payments will be issued to taxpayers this week, with many of these coming by paper check or prepaid debit card.įor taxpayers receiving direct deposit, this batch of payments began processing on Friday and will have an official pay date of Wednesday, March 24, with some people seeing these in their accounts earlier, potentially as provisional or pending deposits. The treasury department sent the debit cards to anyone eligible without banking information on file with the IRS instead of paper checks. Stimulus checks are still being sent through direct deposit to those with banking information on file with the IRS. The debit cards can be used to make purchases, get cash from in-network ATMs and transfer funds to your bank without a fee. “It’s a recording and they want the last six digits of your social security number,” Irrera-Hahn said. When they tried to call Meta Bank, they couldn’t get through to speak with a person and the voicemail was full. The financial institution was selected as the Treasury’s financial agent for the U.S. She and her husband had never heard of Meta Bank. “My name was correct but my husband's name was not.” “When we did get it, it seemed a little odd,” Irrera-Hahn said. ![]() When the prepaid card arrived in a plain envelope in the mail, she thought it was a scam. Laura Irrera-Hahn hadn’t heard stimulus checks were being sent by debit card. Mnuchin.īut some receiving the cards were skeptical they were real. “Prepaid debit cards are secure, easy to use, and allow us to deliver Americans their money quickly,” said Secretary Steven T. WASHINGTON - The Treasury Department has mailed nearly 4 million economic impact payments to Americans via a prepaid debit card.
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