Some people who received a paper check last time may now get a prepaid debit card. The new payment will not be added to any debit cards that were sent for the first round of payments. Many of the last $600 Economic Impact payments came on an EIP 2 debit card. Although most transactions don't charge a fee, a few do. If you think someone has made an unauthorized purchase, call the toll-free number. See Recovery Rebate Credit for more information. Authorized by the newly enacted COVID-relief legislation, the second round of payments, or “EIP 2,” is generally $600 for singles and $1,200 for married couples filing a joint return. You can find additional information at the official EIP website. Beware of online phishing scams trying to get your card number and PIN. https://www.cnn.com/2020/05/18/politics/stimulus-payment-debit-card The IRS sent 4 million payments by prepaid debit cards, or Economic Impact Payment (EIP) cards, as the Treasury Department has dubbed them, during the first set of stimulus payments. En español | If you didn't get paper, you may get plastic from the Internal Revenue Service (IRS) as it continues to dole out stimulus payments. TurboTax and other electronic tax services have been particularly affected. Over the past five weeks, Treasury has sent 140 million people their stimulus payments. In some cases, cards (and checks) may be going out to taxpayers who got the first stimulus payment by direct deposit. Stimulus 2.0 — the next round of coronavirus relief checks valued at up to $600 each — might show up in your bank account just in time to cover a weekend splurge. coronavirus. The IRS has already started delivering second-round stimulus checks to millions of Americans who received a first-round payment earlier this year. Not Everyone Will Get a Prepaid Debit Card. Coronavirus Stimulus Round 2: $600 Payments Now in Process: Deposits Start Dec. 30. You can see your balance and transaction history online any time at EIPCard.com. AARP is a nonprofit, nonpartisan organization that empowers people to choose how they live as they age. AARP’s Fraud Watch Network can help you spot and avoid scams. https://www.aarp.org/money/taxes/info-2020/stimulus-payment-debit-cards.html AARP has heard from members that some people suspect the cards are a fraud or an unsolicited credit card offer, meaning some people have shredded them or thrown them away. to search for ways to make a difference in your community at The second round of federal stimulus payments have been slow in reaching some bank accounts, and they're causing some confusion. Note that you can’t request you receive your stimulus payment by debit card — it either arrives that way or it doesn’t. Check your final payment status in Get My Payment. In some cases, such as when you're buying gas, the merchant may put a temporary hold on your card balance — sometimes more than the amount you used to make a purchase. You can also use your EIP card to pay most bills, get cash back with a PIN debit purchase (where available), buy groceries and get cash from ATMs that carry the Allpoint brand. Instead of a $2,000 payment, this $1,400 payment would be added to the second round… Nevertheless, for the 4 million people who receive those EIP prepaid debit cards, the money can be a lifeline in the pandemic. Some people who received paper checks in 2020 might get their stimulus payment via debit card this time, or vice versa. Stimulus checks: Who is eligible and how much will they be? People can easily transfer the money from their card to an existing bank account online at EIPCard.com. Filers who used TurboTax and other electronic tax services have been particularly affected because of an IRS programming glitch that sent payments to wrong accounts. Second stimulus check: how can I activate and withdraw cash from the EIP debit card? Don’t search the Internet for the number. The agency started by sending money to the people it could reach the fastest. Some aren’t getting a direct deposit or a check. There is no charge to activate the card. | If your emergency payment arrives on a debit card – there's still a chance for it to be deposited into your bank own account. Please enable Javascript in your browser and try The Visa debit card can be activated immediately and can be used to make purchases, to get cash at an ATM or to transfer funds into a bank account without being charged a fee. It could mean that those people receive their money faster than if they had to wait for a check. Some aren’t getting a direct deposit or a check… You can generally use your card without a fee to make purchases anywhere Visa debit cards are accepted — in stores, online or over the phone.

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