DCCA NEWS RELEASE: Legitimacy of Financial Impression Fee Debit Playing cards Arriving By Mail
Posted on Jan 26, 2021 in Latest News, Newsroom
HONOLULU – The state Division of Commerce and Client Affairs Workplace of Client Safety (OCP) reminds Hawaii residents of the chance that their Financial Impression Funds (EIPs) might arrive within the mail by type of pay as you go debit card, as an alternative of by paper verify or direct deposit.
Earlier this month, the U.S. authorities started issuing roughly 8 million EIPs by pay as you go debit card by way of U.S. mail. The Inner Income Service acknowledged that types of fee on this second spherical might differ from what was obtained the primary time. Thus, those who by no means obtained the debit card final yr might probably obtain a card this time and shouldn’t unintentionally discard it.
Activating the cardboard requires offering personal info, together with the recipient’s Social Safety quantity. Thus, these unaware could also be skeptical of the unsolicited VISA debit card delivered within the mail.
“Whereas shoppers ought to all the time be vigilant earlier than offering private info to anybody providing or sending sudden cash within the mail or e-mail, shoppers can relaxation assured that these debit playing cards aren’t a rip-off,” mentioned Stephen Levins, govt director of OCP. “With the intention to totally shield themselves, recipients ought to solely name the quantity listed within the IRS directions and chorus from divulging any info to anybody else.”
The cardboard can have the phrases “VISA” and “DEBIT” on the entrance and the issuing financial institution, MetaBank, N.A., proven on the again. The envelope will show the U.S. Division of the Treasury seal.
Pattern Picture Credit score: U.S. Division of the Treasury
EIP Card recipients could make purchases, get money from in-network ATMs, and switch funds to their private checking account with out incurring any charges when following directions included with the cardboard. They will additionally verify the cardboard stability by telephone, cell app, or on-line. The cardboard additionally offers shopper protections accessible to conventional checking account homeowners, together with protections in opposition to fraud, loss, and different errors.
For extra details about the EIP Card, shoppers can go to: https://cca.hawaii.gov/ocp/eipcards/.
Client questions on Financial Impression Funds must be directed to the IRS: https://IRS.gov/EIP.
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Media Contact:
Jayson Horiuchi
Communications Officer
Division of Commerce and Client Affairs
E-mail: [email protected]
Cellphone: (808) 586-7582