Treasury Department and IRS issuing prepaid Economic Impact Payment debit cards

 

January 29, 2021



Calls are being received at local Area Agencies on Aging reporting that a credit card arrived in the mail from “Money Network Financial” saying that they represent the US Treasury and to call to activate the card. These are legitimate cards.

Some 8 million Americans are receiving their stimulus payments on a pre-paid debit card sent through the mail, in addition to others who will receive the payment via paper checks or automatic deposits. Just because someone received their last payment one way does not mean they will receive it the same way now.

EIP Cards are being sent in a white envelope that prominently displays the U.S. Department of the Treasury seal. The envelope states “Not a bill or an advertisement. Important information about your Economic Impact Payment.”

The EIP Card has the Visa name on the front of the card and the issuing bank name, MetaBank®, N.A. on the back. Each mailing will include instructions on how to securely activate and use the EIP Card.

People should watch their mail carefully. If one receives a card and is unsure whether it is legitimate, or if they need to report any COVID-19 related fraud including services billed to Medicare that they didn’t receive, they should call their local SMP office or local Area Agency on Aging at 1-800-551-3191.

People can check the status of their payment using the Get My Payment tool on IRS.gov. Information provided by the Internal Revenue Service.

 

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