Don’t throw out your coronavirus $1,200 stimulus check because it looks like junk mail, woman warns – The Sun

A WOMAN has warned others not to throw out their $1,200 coronavirus stimulus check because it looks like junk mail.

Vicki Wade, of Belton, Texas, said the stimulus card she received was from "Money Network Cardholder Services" – not from the US Treasury, like expected.

She told NBC affiliate KCEN: "At first glance, you would throw it away. You would. Especially if Money Network is not your bank.

"It's not my bank and no one I do business with."

The return address for the mail was Omaha, Nebraska.

Wade told the news outlet she had been awaiting a paper check and first thought the card she received was a scam because she was unaware of Money Network Card Holder Services or MetaBank.

She said she was hesitant to trust whether the card was real as a name, address, and social security number are required to activate the card when calling the automated system.

The website for the relief debit card states: "The EIP Card is sponsored by the Treasury Department’s Bureau of the Fiscal Service, managed by Money Network Financial, LLC and issued by Treasury’s financial agent, MetaBank®, N.A."

It also explains that the card will arrive in a plain envelope from “Money Network Cardholder Services.

"The Visa® name will appear on the front of the Card; the back of the Card has the name of the issuing bank, MetaBank®, N.A."

Her warning comes as millions of people are still anxiously waiting for their coronavirus stimulus checks.

But, a financial expert has warned that due to a "glitch" – eligible people will only get it by debit card or a check in the mail as the IRS has stopped direct deposits into accounts.

The Treasury revealed last Monday it's sending out four million prepaid EIP cards to hard-hit Americans – which will be received quicker than the eagerly awaited coronavirus stimulus checks.

The Economic Impact Payments card will hold COVID-19 cash and be distributed as a replacement for the paper government checks.

The prepaid Visa card will allow Americans to make purchases, both in store and online, withdraw cash from ATM's and transfer funds to their personal bank account, whilst protecting them from fraud and loss.

The cards will be given to individuals without bank information on file with the IRS, and whose tax return was processed by either the Andover or Austin IRS Service Center, with instructions on how to use it.

The relief payments are a part of a massive $2.2 trillion economic rescue package rolled out by the government to try and fight against the devastating impacts of the pandemic.

The US government handed out the cash in late April to help tens of millions of households cover essentials and cope with the coronavirus induced financial distress.

The IRS also launched a stimulus check hotline those who have yet to receive their money.

Taxpayers struggling in the coronavirus-stricken economy will now have a better chance of getting their questions answered by calling the hot line at 1-800-919-9835.

Meanwhile, President Donald Trump revealed Sunday he is "no longer" taking the controversial drug hydroxychloroquine to fight off coronavirus.

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