In the Economic Impact Payment debit card. The same could end up being true of the for , included in President Joe Biden’s , which Congress is working through now. We won’t know anything for sure until Congress passes the final bill, but we can make an educated guess based on the way things went in the last two rounds., millions of people were surprised to learn that their money would not be arriving by or a , but as an
In the 8 million payments on EIP cards — twice as many as in the first round. The IRS told CNET the cards helped them deliver payments as rapidly as possible, though they didn’t explain why. It’s possible that this will be the case again with a third check, as the IRS will likely be trying to (here’s how you could potentially )., the IRS send out about
Whatever happens, we have answers to some of the most common questions you may have about stimulus checks in the form of an EIP card, including how to use one if it. CNET also has guides on how to , what you need to know about , and how .
What is an EIP card, and what does it mean for stimulus checks?
An economic impact payment card is a prepaid debit card that the US Treasury used to distribute some stimulus payments under the Marchand the , instead of or a paper check. The cards were provided to some the government didn’t have banking information for.
These Visa debit cards can be used to make purchases, get cash from in-network ATMs and transfer funds to your personal bank account without a fee. If you’re sent one, after the card arrives, head to the EIP card website to activate it and learn more about how to use it.
Why did I get my second stimulus payment on an EIP card instead of a paper check or a direct deposit?
For the first round of payments, those who were eligible received the first stimulus payment by EIP card instead of by check if they filed their taxes but the IRS didn’t have their bank account information on hand, and if the tax return was processed by IRS service centers in either Andover, Massachusetts, or Austin, Texas, according to a Treasury press release.
It isn’t clear what the significance is of those particular service centers, and the Treasury did not return our request for more information.
For the second round of payments that started going out in late December, the IRS said it sent either a paper check or a debit card in the mail if it didn’t have banking information on hand. The IRS said some people who received a paper check last time could receive a debit card this time, and some people who received a debit card last time could receive a paper check, but did not say why.
Could my third check arrive on an EIP card?
Possibly. We won’t know anything definite until Congress passes aand Biden signs it into law. But it’s likely that the IRS would follow a similar process as it did for the first two checks, and would use EIP cards as a way to get money into the hands of people even if it doesn’t have their banking information on file.
One new wrinkle this time around: If Congress follows the timeline it has laid out to pass a new bill, the third round of checks could. It’s likely that Congress would use whichever tax return it has on file most recently, which , to . To increase your chances of your third check arriving through direct deposit, we recommend , and .
How much stimulus money could be loaded onto my EIP card?
Getting your stimulus payment via an EIP card wouldn’t change anything about— it’s just a different format of the same payment.
The amount of money you’d be allotted in a potentialwill likely depend on , from your tax filings, along with your filing status (single versus joint) and how many you have. In the , the maximum amount any single tax filer could get is . However, the final amount you’re eligible for could be determined by the outcome of an effort to make the which — .
You can also find out, how old a and the stimulus check situation for , people in the , and people .
What happens if I was owed an EIP card for my second check, but it never arrived?
If your second stimulus check (in any form) never arrived, you’ll have to claim it as awhen you file your , now through the . You’ll have to file your taxes to claim any missing stimulus money, even if who typically does not have to do so. In some cases — like if you received a confirmation letter from the IRS that it sent your money, but your EIP card never arrived — you may have to .
How would my EIP card for a third payment be delivered?
If you’re(assuming one is approved) and get that payment via EIP card, it’s likely that it would arrive the same way the first two did. For the , the IRS said your EIP card would arrive at the address listed on your last tax return in a white envelope marked with the US Department of the Treasury seal. The card will have the Visa name on the front and the issuing bank, MetaBank, N.A., on the back. Some literature will identify the card as the economic impact payment.
Because the envelope containing the first EIP card wasn’t clearly marked, some peoplewithout opening it during the first round of stimulus payments (if you think this happened to you, we’ve got tips on how to get your payment below).
Note, if you moved, you’ll need to.
Could I get my third stimulus check through direct deposit instead?
If the IRS has your bank account information on hand, it was likely you’dinstead of an EIP card. Since the first stimulus checks were sent, there has been greater effort to help people who don’t have bank accounts get one for this purpose. The best thing you can do right now to increase your chances of a potential third check arriving by direct deposit is to and as soon as possible.
Would the IRS notify me that an EIP card is coming?
With the first two stimulus payments, the IRS IRS.gov before giving anyone your information to make sure your letter is legitimate.about your money to your last known address within 15 days after the payment was made. This notice included information on how you got the money (check or direct deposit or EIP card), and how to report it if you didn’t receive the payment. It would likely do the same for the potential third round of payments. But watch out: There have been a lot of going around. Visit
What happens if my EIP card gets lost or destroyed?
If you’ve lost or destroyed your EIP card, you can request a free replacement through MetaBank Customer Service. The replacement fee will be waived the first time.
You don’t need to know your card number to request a replacement. Just call 800-240-8100, and choose the second option from the main menu, according to the IRS website.
For more, find out if you would beand .