![]() ![]() However, Veselits said people she knows who have used an ATM machine to check the balance have been charged fees ranging from 25 cents to $2. That creates issues if they try to get the entire $600 in cash, she said. She said the people she knows who have attempted to get the cash off the card or transferred to their bank accounts have struggled to do so, even if they visit a local bank. But if you want to get the cash or transfer it into your accounts, that’s where the problems are.” “If you want to use it as a debit card, it’s perfectly fine. Neil Claflin said he got his prepaid debit card in the mail last week. He wanted to take the cash off the card and put it into his checking account, so he drove to his bank. When the ATM machine asked what type of card it was, he selected “credit card.” The teller told him he needed to remove the cash from the card at the ATM, but Claflin found himself stumped when he tried. “I just assumed it was a credit card,” he said.īut each time he made the selection, he got an error message. So he went back to the teller, who told him he needed to select “checking account” instead. ![]() Claflin went back to the ATM, got his cash, and then deposited it into his account. The process worked, but it took nearly 40 minutes and involved multiple trips from the ATM to the teller and back, Claflin said. “I was less than pleased,” he said.Ĭlaflin said it would have been better if there had been instructions included on how to get cash from the card. #IRS STIMULUS DEBIT CARD ENVELOPE LOOK LIKE 2021 HOW TO# “It could have been better thought through.” “It wasn’t a smooth transaction,” he said. Veselits said she wishes the IRS had been more vocal about telling people what to look for when the stimulus payment arrives in their mailboxes so it doesn’t accidentally get thrown out. “This debit card is quite mysterious,” she said.A stimulus check is a non-taxable cash payment sent to qualifying Americans by direct deposit, check, or debit card. ![]() The money can be used however you want and does not need to be repaid to the government - even if you get too much. Other names for stimulus checks include Economic Impact Payments and the Recovery Rebate Credit. The IRS is sending stimulus funds throughout 2021. If you haven't received your payment yet, don't assume you won't ever get it. You can check the status of your stimulus check using the IRS's "Get My Payment" tool, which updates once a day.
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