![]() ![]() Jacké Dollar from Iowa told USA Today that she cut up the card after receiving it, before later realising: “ Oh my gosh, I bet it's that stimulus thing.” ![]() However, it appears that some recipients of the debit card, called the EIP Card, have been mistaking it for a scam or junk mail, leading people to throw it away. ![]() “Recipients can immediately activate and use the cards safely.” EIP Card mistaken for scam or junk mail “ Prepaid debit cards are secure, easy to use, and allow us to deliver Americans their money quickly,” said Secretary of the Treasury Steven T. Most EIPs have been sent either by direct bank deposit or as a paper check, but the Treasury and the IRS revealed last month that they had begun mailing out around four million checks in the form of prepaid debit cards. Four million stimulus checks sent out as EIP Cards Just under $260 billion has been sent out in Economic Impact Payments (EIPs) across the States, the Department of the Treasury and the Internal Revenue Service (IRS) said in their most recent EIP figures. As part of the CARES Act, a $2.2-trillion coronavirus relief package, eligible Americans have been receiving stimulus checks of up to $1,200 since April, in a bid to help them cope with the financial effects of a pandemic that has seen over 40 million people file for first-time unemployment benefits over the last 10 weeks. ![]()
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