Why did MetaBank send me a card?

The simple answer is because it's fast. The IRS says it's sending out prepaid debit cards "to speed delivery of the payments to reach as many people as soon as possible." These cards are sponsored by the Bureau of the Fiscal Service.
Takedown request   |   View complete answer on money.com


Is the MetaBank card legitimate?

13News consulted with the IRS and Metabank, which is the U.S. Treasury Department's financial agent, and they verified the cards are legitimate. INDIANAPOLIS — Last year's first round of stimulus payments involved money directly deposited into bank accounts or actual checks sent to millions of people.
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Why did I get a money network card in the mail?

It's your Coronavirus stimulus payment. In lieu of a paper check for the Coronavirus stimulus payment, the government has sent some citizens prepaid debit cards. But many are mistaking the envelopes for junk mail.
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Why is MetaBank sending me a letter?

If you have received a letter from your state indicating you have unclaimed property with MetaBank, you possibly had a prepaid debit card in the form of a gift card or reloadable card issued by MetaBank that has been dormant or not used for one year or more.
Takedown request   |   View complete answer on metabank.com


What cards are issued by MetaBank?

6Visa prepaid cards and prepaid MasterCard cards are issued by MetaBank®, Member FDIC. Pursuant to a license by Visa U.S.A. Inc. and MasterCard International Incorporated. MasterCard is a registered trademark of MasterCard International Incorporated.
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Metabank Direct Deposit Review - METABANK FAILED ME AND MANY OTHER!!



What is MetaBank debit card?

The IRS says MetaBank, N.A. is the "Treasury's financial agent." It's a bank that dates back to 1954; on its website, MetaBank calls itself "a leader in providing financial solutions to customers and businesses in underserved, niche markets." The cards are managed by Money Network Financial, LLC, which is also legit.
Takedown request   |   View complete answer on money.com


Is MetaBank a credit card?

MetaBank is dedicated to offering consumers a variety of customized payment solutions including credit cards, debit cards, ATM cards and reloadable gift cards. Below are some MetaBank options that give you full visibility of your money.
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Is MetaBank the stimulus check?

The IRS refers to the stimulus payment as an “economic impact payment” or EIP, so look for that wording. The debit card has the Visa logo on the front, and the issuing bank is MetaBank, the Treasury Department's financial agent.
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Will MetaBank release stimulus check?

This week, MetaBank learned that the IRS is inadvertently distributing some Economic Impact Payments (EIPs) to consumers' temporary bank accounts with our tax divisions Refund Advantage and EPS Financial.
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Why did I get a disbursement prepaid Mastercard?

Disbursing funds to an account reduces the costs and time associated with traditional paper-based payments and provides a better consumer experience. Individuals (Recipients) won't need to wait for a check to arrive in the mail, deposit a check, or worry about providing sensitive bank routing information.
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What is the EIP card look like?

EIP cards are sent i na white envelope that prominently displays the US Department of Treasury seal. The card has the Visa name on the front of the card and the issuing bank name, MetaBank, N.A. on the back. Each mailing will include instructions on hoe to securely activate and use the card.
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Who gets an economic impact payment card?

These cards are being issued to eligible recipients across all 50 states and the District of Columbia. Residents of the western United States are generally more likely to receive an EIP Card. People can check the status of their payment using the Get My Payment tool on IRS.gov.
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What is a stimulus coverage card?

What is the stimulus check debit card? Formally called EIP (Economic Impact Payment) Cards, the debit cards are an alternative to receiving a paper check. About 4 million Americans received debit cards loaded with their first-round stimulus payment in 2020.
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What to do if you receive a debit card that you didn't apply for?

Inform the representative who you speak to that:
  1. you believe the company sent you the unsolicited card in violation of the law.
  2. you don't want the card.
  3. the company must cancel the account, and.
  4. it must provide you with written evidence that it did not—and will not—report the account to any credit reporting agency.
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What kind of debit card is the stimulus check coming on?

Your Economic Impact Payment (EIP) card will arrive in an envelope from “Money Network Cardholder Services.” Don't throw it away thinking it's junk mail or a scam. The Visa name will appear on the front of the EIP card; the back of the card has the name of the issuing bank, MetaBank, N.A., of Omaha, Nebraska.
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Is the IRS sending debit cards for stimulus checks?

ANSWER: Yes, the IRS is sending some stimulus payments as debit cards. As of March 24, the IRS is no longer sending payments through direct deposit. All subsequent payments will be delivered as either a mailed check or a mailed debit card.
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How much money is on my EIP card?

The Economic Impact Payments are worth up to $1,200 for individuals and $2,400 for couples, plus $500 for eligible dependents.
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What is MetaBank used for?

MetaBank, N.A. is a United States bank with retail branches in Iowa and South Dakota. It offers traditional banking services designed to serve the needs of individual, agricultural, and business depositors and borrowers.
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Why did I receive a go2 card in the mail?

You were specially selected to receive a GO2bank offer because you're a prior customer OR you opted in to receive marketing from one of our trusted third-party partners.
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How do I know if I get an EIP card?

The EIP Card was sent in a white envelope with a return address of “Economic Impact Payment Card,” and displays the U.S. Department of the Treasury Seal. The card has the Visa name on the front and the issuing bank, MetaBank®, N.A. on the back.
Takedown request   |   View complete answer on irs.gov


Did the IRS send me a Netspend card?

Did the IRS send prepaid debit cards? Yes. The prepaid debit cards are known as the Economic Impact Payment Card, and were prepared by the Bureau of the Fiscal Service, part of the Treasury Department. Check your mail carefully.
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Why did I get a netspend all access card by MetaBank?

The Netspend All-Access Account by MetaBank offers unique perks like a large ATM network, overdraft protection and early direct deposits. It's ideal for anyone who wants a traditional bank account but doesn't qualify for one. But it has an unavoidable monthly fee.
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Is MetaBank prepaid card?

Whether you are looking for a better way to shop online, an easy way to handle money while traveling or a gift for that hard to buy for person, MetaBank has a prepaid card solution that is just what you need.
Takedown request   |   View complete answer on metabank.com


How do I check my MetaBank stimulus card balance?

You can check your balance three ways: at EIPCard.com, by calling MetaBank Customer Service, or on the Money Network Mobile App (available at the App Store® or on Google Play™).
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What companies use MetaBank?

Where are my funds held?
  • Barrington Bank & Trust Company, N.A. (Barrington, IL)
  • Envision Bank (Randolph, MA)
  • Forbright Bank, f/k/a Congressional Bank (Potomac, MD)
  • Lake Forest Bank & Trust Company, N.A. (Lake Forest, IL)
  • Libertyville Bank & Trust Company, N.A. (Libertyville, IL)
  • MetaBank N.A. (Sioux Falls, SD)
Takedown request   |   View complete answer on metabank.com