Is eipcard.com a Scam? Economic Impact Payment EIP Card

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Is eipcard.com a Scam? Economic Impact Payment EIP Card

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EIP Card at www.eipcard.com is not a scam. The government is sending some people Economic Impact Payment Cards if they qualified for a stimulus payment and the IRS couldn’t direct deposit the payment. Your Economic Impact Card will come in a plain envelope from 'Money Network Cardholder Services” along with important information about the card, instructions for activation, fees, and a note from the U.S. Treasury.

The card itself will have the words “VISA” and “DEBIT” on the front and the issuing bank, “MetaBank, N.A.”, on the back and should look like this:

VISA DEBIT MetaBank, N.A Money Money Network

How do I activate my card?

Before you can access your Economic Impact Payment, you will first need to activate your card, either online or by phone. You will receive only one card for your household and the primary cardholder must activate the card.

If you are the primary cardholder:

  • Go to EIPCard.com or call 1-800-240-8100 (TTY: 1-800-241-9100)
  • Provide your name, address, and social security number to validate your identity
  • Create a 4-digit PIN so you can get cash at the ATM. If you forget your PIN, you can call customer service to get a new one
  • Check the balance to know how much you received

Once you activate your card, you can start using your card immediately. There is no monthly or inactivity fee and your money does not expire. You do not need to pay this money back and do not have to pay taxes on this money.

How do I check my balance without paying a fee?

There are multiple ways you can check your balance conveniently 24/7 for free, including through push notification, text, or email:

  • Online: visit EIPCard.com (account registration required)
  • By Phone: call 1-800-240-8100 (TTY: 1.800.241.9100) and use the automated voice response system
  • Mobile App: download the Money Network® Mobile App (account registration required)

Tip: If you typically check your card balance at the ATM, try to use one of the free ways above to avoid paying a balance inquiry fee.

How do I use my card to get cash without paying a fee?

There are several ways to get cash from your card without paying a fee.

  • Use one of the In-Network AllPoint brand ATMs to withdraw cash. Use the ATM locator at EIPCard.com or Money Network® Mobile App to locate one near you. Limits may apply to the amount of cash you are able to withdraw at ATMs.
  • Get cash-back at participating merchants, like grocery and convenience stores. If the merchant allows cash-back during a purchase, select “Debit” on the keypad, enter your 4-digit PIN, select “Yes” to get cash-back, and then enter the amount of cash you would like. Check the merchant’s policies on amount limits.
  • Request a Money Network Check and cash it at select participating check cashing locations. Go to EIPCard.com to find the nearest participating check cashing locations. To avoid a fee, cash only Money Network Checks and only at participating check cashing locations. Limits may apply.

Tip: If you already have a bank or credit union account that you are comfortable using to access cash for free, you can also transfer money from your card to this personal account and then withdraw cash in the same way you normally would once it is available.

How do I transfer money from my card to a personal account without paying a fee?

To transfer your money to a personal account without a fee, you will need to log into your account at EIPCard.com to initiate a transfer.

  • To transfer to a personal bank or credit union account, you will need to provide your routing and account number for your personal account at EIPcard.com .
  • To transfer to an existing personal prepaid card, first check if your personal prepaid card accepts transfers by logging into your account or calling your card provider. If it does, provide the routing and account number for your personal prepaid card at EIPCard.com .

Tip: In many cases, peer-to-peer (P2P) apps—like Venmo or Zelle—will accept your Economic Impact Payment Card as a source of funding. Check with the P2P provider for specific instructions on if you can do this for free.

I would like to pay a bill (such as rent) that doesn’t allow payment with debit cards. How can I do this without paying a fee?

You can pay rent, bills, or other payments from your account using a Money Network Check without paying a fee.

To do this, you need to:

  • Request a Money Network Check by calling customer service at 1-800-240-8100
  • Check your balance to make sure you have enough funds to cover your payment
  • When you receive the check, fill out the date, dollar amount, and name of who you are paying
  • Activate your check by calling customer service at 1-800-240-8100 and following the instructions to enter the check number, digit, and amount, and record the issuer number and transaction number provided by the automated phone system
  • Once you have successfully activated your check, the payment will be immediately deducted from your account balance and you can send your payment for your rent or other bill

Tip: If you occasionally pay a bill with a money order, consider using a Money Network Check to pay your bill instead to avoid paying a money order fee.

I am not familiar with prepaid debit cards. What is important to know about using this card?

The Economic Impact Payment Card is a VISA prepaid debit card. The government has loaded your Economic Impact Payment onto the card for you. You do not need to pay this money back and you will not be taxed on this money. Once activated, your money is safe on this card and is eligible for FDIC insurance. Be sure to immediately report if your card is lost or stolen.

If you have had a checking account debit card or credit card before, this card may be a little different. First, this card is not linked to any bank or credit union account and will not have any impact on your credit score or help you build your credit. You cannot overdraft or spend more than what has been loaded on the card. If you don’t have enough money to cover a purchase, the transaction may be declined or partially authorized. If this happens, you may be asked to use another form of payment to pay the full or remaining amount if you want to complete the transaction.

You can get cash, request a check, or make a purchase anywhere VISA debit cards are accepted. Each time you use your card, the amount will be deducted from your balance until you use all your funds. You will not be able to load your own money on this card and your money will not expire. If you do not use all your money before the expiration date printed on the card, you can call customer service to request a refund check for the remaining balance.

Tip: If you use this card to pay for gas, give your card to the attendant to pre-pay for gas rather than paying at the pump to avoid a pre-authorization. A pre-authorization puts a temporarily hold on your money that could be greater than the transaction amount and may take up to 10 business days to be released back to you. Paying the attendant to pre-pay for gas can help you avoid placing a hold on your money so that you have access to your money if you need it.

What do I do if my card is misplaced, lost, or stolen?

If you think you have misplaced your card, go to EIPCard.com and lock your card to prevent unauthorized transactions or ATM withdrawals while you look for it.

If your card is permanently lost or stolen, call customer service at 1.800.240.8100 (TTY: 1.800.241.9100) to report your lost or stolen card immediately. Your card will be deactivated so nobody can use it. There is a $7.50 fee to order a new replacement card ($17.00 if you need it expedited).

Where can I find the fees for optional services?

While most transactions are free, some fees may apply.

Check your cardholder agreement and other important information material that came in the envelope with your card or at EIPCard.com . This will include a full schedule of fees and services as well as more details about your card.

Note: Some of the names, addresses, email addresses, telephone numbers or other information in samples on this website may have been impersonated or spoofed.

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Comments, Questions, Answers, or Reviews
(Total: 16)

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  • May 25, 2020 at 11:18 AM by an anonymous user from: Des Moines, Iowa, United States

    I have been dealing with the IRS since 1962 and have never had a problem. Now, I get a debit card that some tell me is because the IRS does not know me. Yeah, right!

    All of the stories that I have seen so far about this card are written by people who are just passing on the Treasury Department's scam without asking any questions.

    This card in an invasion of ones privacy, because of the information you must give MetaBank to get YOUR money. Others who have received the EIP without this card have not had to pass on private information to a private company to get their federal payment.

    Send this card back to Steven Mnuchin at the Treasury Department and demand a paper check.

    remove

  • May 25, 2020 at 10:59 AM by an anonymous user from: Des Moines, Iowa, United States

    If you received one of these EIP cards, send it directly to Steven Mnuchin at the Treasury Department, whose address may be found online, and demand a check. I have done this.

    remove

  • May 25, 2020 at 10:56 AM by an anonymous user from: Des Moines, Iowa, United States

    This is an attempt to increase MetaBank's customer base.

    remove

  • May 25, 2020 at 9:56 AM by an anonymous user from: Houston, Texas, United States

    Despite the fact that I specifically wish to receive a check and did not give IRS my bank info, I have received one of these debit cards which in my opinion is just a scam to allow friends of the administration to make money in fees from people who do not have bank accounts. I have now spent close to two hours both on the phone and online trying to set up this deal on their website eipcard.com. It refuses to let me make a transfer to my bank account which is the only way to avoid fees without having to find an "Allpoint" atm and making about nine withdrawals over several days due to withdrawal limits. The card has both my and my wifes payment since we file jointly. The phone numbers listed on the card are to a completely electronic service which has absolutely no human correspondence available. I will now have to spend more hours during the workweek researching for phone numbers and calling the bank that owns this debit card payment service, to find out why I cannot make transfers as the paperwork and website imply...

    remove

  • May 24, 2020 at 7:35 PM by an anonymous user from: Shreveport, Louisiana, United States

    The Department of the Treasury and the IRS has not announced any information nor is there any information on the website telling citizens that an EIP debit card is an option for receiving stimulus checks. They explicitly say that it will be direct deposited or a paper check will be sent; PERIOD! They already have a process and procedure and the information on file that they need to send your money to you and if they need more information it is on the website of how to assure that they get the correct information from you. SCAMM!

    remove

    • May 24, 2020 at 7:40 PM by info

      Go to the following

      link for information:

      https://home.treasury.gov/news/press-releases/sm1012

      remove

  • May 24, 2020 at 4:18 PM by an anonymous user from: Wilmington, Delaware, United States

    This looks like a scam/fraud to me also! I have not heard of EIP Cards on any national news. There are two options: 1. Direct Deposit into your personal bank account

    OR 2. A paper check mailed directly to you from the U.S. Treasury Department.

    Period. AMEN. This MetaBank thing asks for too much personal info which it could

    use for nefarious reasons to their benefit...NOT your benefit.

    remove

  • May 24, 2020 at 1:17 PM by an anonymous user from: Flower Mound, Texas, United States

    It looks like a scam to me, I always pay my taxes to the IRS with a paper check, not bank account number, which has not changed in years. The biggest tip-off to me was a spouse and I have different last names. Card is issued with a correct first name for both spouses, but only one last name. In other words, the primary holder of our card is a person who does not exist. I do not like someone spell my name or anyone in my family their name wrong, that is disrespect to me, I do not do business with a bank or any institution like this, I also do not maintain or use any debit cards. this bank asks for private information, e.g. Social Security Number, If the activation requires the SS#? To me this is another scam card.

    remove

  • May 23, 2020 at 9:24 PM by an anonymous user from: Bellingham, Washington, United States

    Looks like a scam to me, and I am a retired consumer protection specialist. IRS does have our bank account information, which has not changed in years. Biggest tip-off to me was spouse and I have different last names. Card is issued with correct first name for both spouses, but only one last name. In other words, the primary holder of our card is a person who does not exist.

    remove

  • May 23, 2020 at 7:04 PM by an anonymous user from: Denver, Colorado, United States

    I have filed my taxes electronically for years. I receive my Social security by direct deposit. It defies belief that the treasury department DOESN'T have my bank information on file. I don't know "Money Network". This a debit card with a list of fees. The "approved" ATMs are in commercial locations and don't include any bank or credit union locations.

    There was NO superscript or subscript identifying the US Treasury. In my experience, every government entity that sends mail has identification on every piece of paper.

    This whole debit card thing has scam all over it. Just send me a check!

    remove

  • May 23, 2020 at 4:34 PM by an anonymous user from: United States

    If we are receiving Social Security payments direct deposit. Why would they send our stimulus payment in form of a debit card?

    remove

  • May 23, 2020 at 4:14 PM by an anonymous user from: Ephrata, Washington, United States

    Received the card...question its authenticity! It appears to be valid only on the day I received it (23 May), which is a Saturday. Checked all the sites and reviewed other available information; and found no information on the government issuing VISA DEBIT cards to cover EIP. Since the card will expire in a few hours, I will assume that paper checks will arrive to ensure payment.

    This appears to be an unsolicited credit/debit card offer. I do not maintain or use debit cards. In this era of scams and deception, I am concerned as to the validity of the card and this offer.

    And, to settle any question: I am properly registered with the IRS. So, there should have been a direct deposit or checks issued. Also, I read that the government (Treasury) would not ask for private information, e.g. Social Security Number, over the phone. If the activation requires the SS#, what is going on?

    remove

  • May 22, 2020 at 8:11 PM by an anonymous user from: Phenix City, Alabama, United States

    Thomas f. Worthy (continued )

    I finally reached an automated "person" who asked for "my last 4" to "activate my/our cards. I have no idea who sent this card or who is behind it. in order to have my questions about this card answered, I must first activate the damn card . . . Duh? can't get info unless you give my ss info?...

    remove

  • May 22, 2020 at 8:03 PM by an anonymous user from: Phenix City, Alabama, United States

    Why was I not told about receiving a "debit card" instead of a check for my and my wife's economic impact payment? We were advised that our check(s) would be mailed May 22,2020. Given memorial holiday weekend and postal service closed Monday, I was expecting the check(s) to arrive Wednesday, May 27, 2020.

    however, the card came in the mail today, may 22,2020. Totally unexpected! My first reaction after reading about fees, etc. I believed that the "debit card" was a scam. I called the "activation number" 800-240-8100 to request` a new card. The number was unavailable! I immediately cut the damn thing up!

    where are our paper checks? This appears to be a scam!

    Thomas f. W...

    remove

    • May 23, 2020 at 9:05 AM by an anonymous user from: Cocoa Beach, Florida, United States

      DO NOT ACTIVATE you can only transfers $1000.00 a day; the first transaction is free after that these people get money per transaction. What a SCAM by our own governement...

      remove

    • May 22, 2020 at 8:34 PM by info

      You received an EIP Card because the IRS did not have your bank account information.

      remove

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Is eipcard.com a Scam? Economic Impact Payment EIP Card