Banks and credit unions have alerted customers that their stimulus payments will be available by March 17.
Some Americans received their stimulus payments from President Joe Biden ’s $1.9 trillion coronavirus relief package over the weekend, although some banks and credit card unions are holding the funds until Wednesday. „Some people will see the money in their accounts as early as this weekend as a pending or provisional payment until it is cleared by their financial institution,“ Treasury Department official told reporters on Friday. Banking app Current began crediting some of its customers‘ accounts on Friday afternoon, according to The Wall Street Journal. Financial services company Chime tweeted on Friday that it had already delivered $600 million to 250,000 of its patrons, taking a dig at larger traditional banks for holding the funds until March 17. „Stimmy Alert! We’ve already made ~$600M available to 250k members. These payments will be available at traditional banks on March 17, but Chime members already have access and more is on the way,“ Chime tweeted. „No reason to wait till St. Pattys Day, at Chime you’re always lucky.
