Information included with the Card will explain that the card is your Economic Impact Payment Card. This notice was sent with a prepaid debit card from the IRS in an attempt to help speed the delivery of up to 1,200 in economic impact payments. Can you afford a credit card right now You may think that the addition of a credit card is additional money, but it is not. If you receive an Economic Impact Payment Card, it will arrive in a plain envelope from “Money Network Cardholder Services.” The Visa name will appear on the front of the Card the back of the Card has the name of the issuing bank, MetaBank®, N.A. The Economic Impact Payment Card is sponsored by the Treasury Department’s Bureau of the Fiscal Service, managed by Money Network Financial, LLC and issued by Treasury’s financial agent, MetaBank®, N.A. The cards have a Visa logo on the front and theyve been issued by MetaBank, which is displayed on the back. “Some payments may be sent on a prepaid debit card known as The Economic Impact Payment Card. The debit cards come in white envelopes with a Treasury Department seal. There's a special section about prepaid debit cards on IRS.gov. People may receive a debit card even if Get My Payment shows they are receiving a check. The card contains the stimulus money sent out by the IRS as a result of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). COVID Tax Tip 2020-70, JSome people may get their Economic Impact Payment in the mail on a prepaid debit card, instead of a paper check. The Better Business Bureau of North Alabama says they are getting a lot of calls from concerned consumers about a prepaid debit card that arrived in an unmarked envelope stating it was their economic stimulus payment. Please look at the time stamp on the story to see when it was last updated. This is an archived article and the information in the article may be outdated.
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