If you’ve been waiting for your stimulus payment, don’t throw out your mail just yet—millions of Americans are now receiving their stimulus funds via prepaid debit cards. These Economic Impact Payment (EIP) cards are being sent through the mail by the U.S. Treasury, and many recipients may not even realize they’re getting one.
What Are Stimulus Debit Cards?
Stimulus debit cards are preloaded Visa cards sent by the government as a way to quickly and securely distribute economic relief. Instead of direct deposit or paper checks, eligible individuals may receive their stimulus in the form of these debit cards, which can be used immediately for purchases, ATM withdrawals, and bill payments.
Why Is the Government Using Debit Cards?
The Treasury is using EIP cards to speed up delivery, especially to people who don’t have bank accounts or who’ve had issues with direct deposit in the past. It’s a safer and more efficient way to distribute payments, and helps avoid delays caused by check processing or incorrect bank details.
What to Look for in the Mail
The stimulus debit card comes in a plain envelope labeled “Money Network Cardholder Services.” Many people have accidentally thrown these away, mistaking them for junk mail. The card itself is a Visa debit card issued by MetaBank, and it includes instructions on how to activate and use it.
How to Use the Debit Card
Once activated, the card can be used just like any other debit card. There are no fees for normal transactions, and you can check your balance online or via the mobile app. If lost, the card can be replaced for free. Make sure to activate it immediately to access your funds.
Table – Key Details About Stimulus Debit Cards
| Feature | Details |
|---|---|
| Card Type | Visa Prepaid Debit Card (EIP Card) |
| Issuer | MetaBank, N.A. |
| Delivery Method | Mail – look for “Money Network Cardholder Services” on envelope |
| Activation Required | Yes – via phone or online |
| Usage | ATM withdrawals, purchases, bill pay, cash back |
| Fees | No fees for standard use |
| Replacement Card | Free if reported lost or stolen |
| Support Website | EIPCard.com |
If you’re expecting a stimulus payment and haven’t seen it yet, check your mail carefully. These debit cards may look ordinary, but they contain real federal relief funds. Avoid throwing yours away by mistake, and once it arrives, activate and use it just like a regular debit card. With more payments being sent this way, your next economic boost might already be in your mailbox.
FAQ’s:
1. What if I threw away my stimulus debit card by mistake?
You can request a free replacement by calling the EIP Card Customer Service at 1-800-240-8100.
2. Can I transfer money from the card to my bank account?
Yes, the EIP card allows for bank transfers once it’s activated.
3. Do I need a bank account to use the stimulus debit card?
No, the card can be used without a bank account for purchases and withdrawals.
4. Are there fees for using the card?
No fees apply for standard purchases or ATM withdrawals within the network. Some ATM providers may charge out-of-network fees.
5. How do I know if I’m getting a debit card instead of a check or direct deposit?
The IRS chooses the payment method based on available information. You can check your payment status on the IRS Get My Payment tool.
