Don’t Throw It Away: Stimulus Payments Sent As Debit Cards
CROMWELL, Conn.— BBB’s across the country have received an influx of calls from consumers questioning a prepaid debit card sent in an unmarked envelope stating it was their economic stimulus payment. These payments are legitimate. Better Business Bureau Serving Connecticut is urging consumers who receive these cards, not to throw them away. This is your economic stimulus payment.
According to the IRS, Nearly four million people are being sent their Economic Impact Payment by prepaid debit card, instead of paper check.
The IRS website states:
“Some payments may be sent on a prepaid debit card known as The Economic Impact Payment Card. 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.
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. Information included with the card will explain that the card is your Economic Impact Payment Card. Please go to EIPcard.com for more information.”
There have also been numerous scams popping up surrounding the distribution of the economic stimulus checks. Consumers can visit BBB.org/coronavirus for more information on how to avoid a stimulus check scam.