The US Treasury has partnered with MetaBank/Money Network to provide some of the COVID-19 Economic Stimulus payments with prepaid debit cards. Information about the card can be found at EIPCard.com.
Below are some FAQs regarding these prepaid debit cards:
Q: How do I access the money on the prepaid debit card?
A: After activating the card and creating a PIN, you can use the card like a normal debit or credit card up to the amount of your stimulus payment. This means as point-of-sale transactions, online, ATMs, etc. It’s important to note that MoneyNetwork may charge fees for certain types of transactions. See their fee schedule here.
Q: Where can I take my money out for free?
A: Visit the ATM/Check cashing location finder on EIPcard.com to find out where you can get cash from your card for free.
Q: Can I use the card at the SVCU ATM?
A: Yes, however you will be charged a fee from MoneyNetwork and SVCU for using an out-of-network ATM because we are not the issuer of the card.
Q: Can I get cash from my prepaid stimulus card at the drive-thru?
A: We are unable to maintain card security controls and adhere to VISA cash advance best practices at our drive thrus so are not able to do this at this time.
Q: Are there fees associated with the card?
A: MoneyNetwork has a fee schedule for all fees associated with the card.
Q: Are there limits on these cards?
A: Since we are not the issuer of the card, we do not know the limits on these debit cards. You will need to contact MoneyNetwork. The limits may also be listed on the page you would have received with the card. Please make sure to contact the institution of any ATM you wish to use to see if there are ATM limits as well.
For more information, visit EIPcard.com and their FAQ section.