![]() The IRS now appears to be moving in favour of the debit cards, arguing they are an easier, safer and faster way to get money to hard-working Americans who need the cash to cope with the Covid-19 crisis.įrom the first round of stimulus checks, when there were around 20 million payments still to be made the IRS said it would send out four million of them using the debit cards (20% of that remaining amount). If the IRS does not have your bank details, you can expect to get either a paper check or a prepaid direct debit card. ![]() If you got a direct bank deposit from the first stimulus check payments, expect any future payments to go straight into your bank. In general, where the IRS have your bank details, you will get a direct bank deposit. Second stimulus check: direct deposit, paper or debit card?īut if a second stimulus check does come, will you be more likely to receive direct deposit, a paper check or one of the debit cards? These payments have been made via direct bank deposit, paper checks (delayed to ensure Trump's signature was on them) and in a small number of cases an Economic Impact Payment Card (EIP), a debit card loaded with the stimulus check money and which can be used just like any other debit card. ![]() The first round of stimulus checks - direct payments to eligible Americans to help with the economic effects of the coronavirus pandemic - has now seen the IRS make over 150 million payments to individual citizens.
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