Don’t throw away that debit card that just arrived in the mail — it could be your coronavirus stimulus payment.
In order to expedite the issuance of stimulus payments, the Treasury Department decided to send out to 4 million people debit cards instead of checks. The problem is that most people were looking for a check and thought the debit card was junk mail. The cards arrive in a plain envelope from “Money Network Cardholder Services,” according to the IRS, with the name of the issuing bank, MetaBank, N.A., on the back. The card doesn’t show it is from the federal government but the envelope does state that it is being sent on behalf of the Treasury Department.
If you do throw the card away, you can get a replacement by calling customer service at 1-800-240-8100, according to EIPCard.com, which provides information on how to use the cards. While the cardholder agreement says it costs $0 to replace the card the first time, there is a $17 charge for priority shipping of the new card.