Here’s an IRS alert regarding some recently delivered stimulus payments: Pay attention if you get an plain envelope in the mail that’s marked “Money Network Cardholder Services.…
Here’s an IRS alert regarding some recently delivered stimulus payments: Pay attention if you get an plain envelope in the mail that’s marked “Money Network Cardholder Services.”
No, folks, it’s not a scam. It’s real stimulus cash.
The envelope contains a prepaid debit card that is loaded with your stimulus payment. Do not throw out this envelope or toss aside this card, as it can contain up to $1,200 for single taxpayers.
The cards are marked Visa debit card and the back of the card has the logo for MetaBank.
No, nothing seems to be simple about the rollout of the stimulus money that’s being issued as part of the coronavirus relief effort.
Now, some consumers are bewildered when money finally does arrive for them. And some reportedly may have even thrown away such cards.
A relatively small group — nearly 4 million people — are going to receive their Economic Impact Payment via prepaid debit cards, according to the Internal Revenue Service. That prepaid card is being used for some instead of a paper check.
The government is mailing prepaid cards to some who qualified for a stimulus payment but did not have a way, such as bank account information on file with the IRS, for the IRS to directly deposit the payment.
