He Internal Revenue Service (IRS) reported that, as part of the second round of sending stimulus checks, payments in the form of a prepaid debit card will be clearly identified as coming from Treasury Department.
As part of the first round of payments under the CARES Act , the envelope in which the plastic money arrived was a plain white one that many mistook for junk mail, leading to thousands of recipients discarding payment and had to request a replacement card.
But, this time , the authorities decided to be more specific in the presentation of the correspondence, so the so-called Economic Impact Payment by debit card will be sent in a white envelope bearing the seal of the US Department of the Treasury
“The Pago economic impact will be sent in a white envelope bearing the seal of the U.S. Department of the Treasury On the front of the card appears the name of Visa and on the back it says that the card is issued by the bank, MetaBank® , NA The information included with the card explains that this is your Economic Impact Payment. More information about these cards is available at EIPcard.com (in English) ”, reads part of the IRS statement last week when the distribution process began with the first direct deposits.
The agency also clarified that those who received the payment in the form of a debit card last time, they will not necessarily receive the second in the same way.
During the last round of shipments that began last March, some 4 million people received the payment as a debit card. Although the relevant agencies have not specified how many beneficiaries will receive the money on the card, it will be a minimal part of the eligible population.
“For those who do not receive a direct deposit at the beginning January, they should search their mailbox for a check or debit card. To expedite the delivery of payments and reach as many people as possible as quickly as possible, the Fiscal Service Bureau, which is part of the Treasury Department, will send a limited number of debit card payments. Note that the second EIP submission may be different from the first EIP mailed. Some people who received a paper check the last time can receive a debit card this time, and some people who received a debit card the last time can receive a paper check, “explained from the IRS.
Last year , who received the “EIP Cards” in May were the taxpayers whose tax filings were processed by the IRS Service Center at Andover, Massachusetts, and Austin, in Texas .
In the first round in Under the CARES Act, hundreds of thousands of beneficiaries threw away the debit card that came to them by post due to the generic image of the envelope as well as the card itself.
Due to the above, the US Government decided not to charge these people for the first replacement of the EIP Card .
To find out the status of your payment and the way it was sent, you can access the “Get My Payment” tool enabled on IRS.gov page .
Here you can read about other applicable charges when making transactions with money in plastic