There are multiple ways to transfer the funds1 from your EIP Card to an existing bank account at no cost to you. You will need the Routing and Account number for your bank account to complete the transfer. Be sure you have activated your EIP Card before attempting to transfer funds.
You are welcome to transfer the funds from your government-issued debit card to your personal checking account without a fee by logging into your account at EIPCard.com to initiate a transfer. Those who receive their Economic Impact Payment by prepaid debit card can do the following without any fees.
Once the card is activated, you can use it anywhere that accepts VISA debit cards, including online or in a store, or at an ATM to get cash. You also can transfer the money from the card to your personal bank account without fees.
Eppicard to a US bank transfer costs $1.50 for each transfer from your card account to any US Bank account. Since Eppicard is taken as an independent bank, you will need to deposit to the concerned bank account directly. You will use the routing and account numbers of the concerned bank account.
If you've already filed your return, you can review your direct deposit information on a copy of your return. If the IRS has accepted your return already, you won't be able to change your bank and routing number for your tax refund without contacting the IRS directly.
To transfer money from your stimulus debit card to your bank account, go to the EIP Card website or use the Money Network mobile app, and select the option to “Move Money Out.” You'll need both the routing number and the account number from your bank account to make the transfer.
First of all, withdraw money from the ATM. Go the Cash Deposit Machine (CDM) of the bank and select send money on account number. Enter the receiver's account number and IFSC code. Enter the Amount you want to send.
Be sure to have your EIP Card handy. Select “Move Money Out” and follow the steps to set up your ACH transfer. Transfers should post to your bank account in 1-2 business days.
You can cash out your debit card or get cash back from your debit card at the ATM, at merchants at the register, or you can go to the bank or credit union. To get cash back from your debit card, you'll need to activate your card and set your four-digit pin.
All you need to do is use your debit card details to add money to your wallet and simply transfer the funds to another bank/UPI account as and when you require. Note that there are various ways which allow you to add money to your wallet; such as Net Banking, Debit card, Credit card, etc.
Using ATM Transactions
You can avoid fees by visiting your bank's ATM. Complete the transfer by inserting your card, entering your Personal Identification Number, and selecting the "make a transfer" option from the screen. Choose the account from which you want to transfer money to receive the funds.
The Better Business Bureau has been receiving complaints from people skeptical about these cards, wondering if they're part of a scam. As it turns out, they're completely legitimate. They're called Economic Impact Payment (EIP) cards and they're loaded with your stimulus money.
If the debit card to which you are trying to transfer funds is associated with a bank that has its own network of ATMs, you may be able to transfer funds using the ATM. If transferring between two accounts within the same bank, there will be a menu option at the ATM that allows you to do just that.
The EIP Card is a Treasury-sponsored, VISA-branded, prepaid debit card that provides a safe, convenient and secure way for EIP recipients to access their Economic Impact Payments without having to go to a bank or credit union to cash a check.
MetaBank®, N.A., a national bank (“Meta”), is a subsidiary of Meta Financial Group, Inc. ® (Nasdaq: CASH), a South Dakota-based financial holding company.
The IRS says people who lost or got rid of their Economic Impact Payment debit card can request a free replacement by calling Metabank, the U.S. Department of Treasury's financial agent, at 800-240-8100.
People who receive debit cards or paper checks are those who didn't provide bank information on their 2019 or 2020 tax returns in order to get a refund or didn't register through the IRS nonfilers tool by November 21. ... Other names for stimulus checks include Economic Impact Payments and the Recovery Rebate Credit.
Your reloadable card. Your basic, free account. Checking plus interest & plenty of perks. Minimum balance to open a MetaBank checking account is $25.
You can check your balance three ways: at EIPCard.com, by calling MetaBank Customer Service, or on the Money Network Mobile App (available at the App Store® or on Google Play™).