Yes, The IRS is Sending Economic Impact PrePaid Debit Cards -But Beware
If you haven't received your stimulus check yet from it may be coming to you as a prepaid debit card. Scammers might try to get it from you. Here's what to look for.
According to a press release from the Better Business Bureau,
The U.S. Department of the Treasury is now mailing 4 million Economic Impact Payment) (EIP) in the form of prepaid debit cards. A lot of us have already received our stimulas check or EIP by direct deposit or mailed as a check. But, debit cards are being sent to some people where the IRS didn't have bank account information on file.
Consumers have contacted the Better Business Bureau (BBB), thinking these cards may be a scam. Rest assured, the IRS is, indeed, sending out prepaid debit cards. Tips on how to recognize a legitimate EIP card include:
- It will arrive in a plain envelope with the return address of “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.
- The welcome kit explains more about the EIP card. Please go to EIPcard.com for more information and to see a sample image of the card.
BBB warns that scammers may try to text, call or email you, trying to get you to give up your card number or your personal information. Report any phishing or scam attempts to the IRS and file a report with BBB Scam Tracker to warn others not to fall for the scam at BBB.org.