FAQs on Stimulus Payments by Prepaid Debit Card

You might be one of the nearly 4 million Americans who will find a debit card in their mailbox soon. If so, don't automatically think it's some sort of scam. It might actually be the stimulus check payment you've been waiting for - just in the form of a prepaid debit card. The cards - called Economic Impact Payment Cards, or EIP Cards, by the IRS - will go to certain people who filed a tax return but don't have bank information on file with the tax agency. Instead of mailing a paper check (which takes longer to process), the cards will be sent to the most recent mailing address on file with the IRS.

If you receive one of these EIP Cards, you'll probably have a lot of questions about how it works.