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Stimulus comes on an ATM card?
Posted by: jdc
Date: January 21, 2021 08:55PM
Almost threw it away.

Even after I opened it, it looked like junk mail, or a scam. No idea how this is better than a check -- its gotta cost way more than to produce. And more trash to boot. Its not like you can recycle a CC.

Wife and I got a weird amount, $636. Nothing for the kids... last time it was the full amount + extra for the kids.





Edited 999 time(s). Last edit at 12:08PM by jdc.



Edited 1 time(s). Last edit at 01/22/2021 11:48PM by jdc.
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Re: Stimuls comes on an ATM card?
Posted by: Sarcany
Date: January 21, 2021 09:04PM
Nice windfall for the payment-processor. Fees and interest.
[www.cnn.com]

Walk into your bank and deposit it all in a checking or savings account and then cut up the card.



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Re: Stimuls comes on an ATM card?
Posted by: Markintosh
Date: January 21, 2021 09:22PM
Ours was direct deposited right to our checking account...no ATM card.



“Live your life, love your life, don’t regret…live, learn and move forward positively.” – CR Johnson
Loving life in Lake Tahoe, CA
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Re: Stimuls comes on an ATM card?
Posted by: GGD
Date: January 21, 2021 09:55PM
Quote
jdc
Wife and I got a weird amount, $636. Nothing for the kids... last time it was the full amount + extra for the kids.

Was the card processed by BofA, and was there anything in the paperwork that referenced "EDD"? Given the weird amount it sounds more like a CA unemployment payment which can also include the $600 or $300/week Covid relief payment. Did you and your wife file any unemployment claims? Maybe for just a partial pay reduction like getting reduced to 4 days per week?

If it was a CA EDD payment through BofA, from their website you should be able to have the funds direct deposited into your bank account and for future payments to be immediately direct deposited.
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Re: Stimuls comes on an ATM card?
Posted by: JoeM
Date: January 21, 2021 10:06PM
We received a debit card for the first round of relief. Almost threw it out thinking it was junk mail but luckily I opened it before doing so.



JoeM
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Re: Stimuls comes on an ATM card?
Posted by: jdc
Date: January 21, 2021 10:12PM
Quote
Markintosh
Ours was direct deposited right to our checking account...no ATM card.

Wish that was an option, assuming it was for peeps that had the info on file with the IRS. But we have never paid via bank. And haven't seen a refund since 1995.

Its the Fed stimulus, not a CA thing, I had to google it.

Its possible we made too much in 2019.





Edited 999 time(s). Last edit at 12:08PM by jdc.
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Re: Stimuls comes on an ATM card?
Posted by: deckeda
Date: January 21, 2021 10:30PM
The lack of consistency is bizarre but given lack the oversight, not surprising. The first one, with 2 kids we got full-boat $2400 amount via direct deposit. This one arrived by check for $18xx-something.
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Re: Stimuls comes on an ATM card?
Posted by: RAMd®d
Date: January 21, 2021 11:51PM
My first payment was a check for $1200, the second a debit card for $600.

I put the card in my Wallet (not my wallet).

It looks like the next round will may be $1400, to that the second round is a total of $2000, and not an additional $2000.

It was very obvious that it was wasn't junk mail, and I could feel the card inside before even opening it.

It ticks me off that the card has some gotcha fees, if one is not careful.

Putting the card in a bank account and destroying the card avoids that.

But so does spending the entire card one one goody using Apple Pay

Yay!





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Re: Stimuls comes on an ATM card?
Posted by: AllGold
Date: January 21, 2021 11:51PM
Some were debit cards in the earlier round too. I don't think anyone knows the rhyme or reason why some were paper checks and some were debit cards.

I think there were a ton of people who almost threw them away as well as a significant number who actually did toss them.



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Re: Stimuls comes on an ATM card?
Posted by: Bo
Date: January 22, 2021 12:27AM
First round, auto deposit
Second round, nothing so far

Anyone else in the same boat?
Did the qualifications change in any way?
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Re: Stimuls comes on an ATM card?
Posted by: jdc
Date: January 22, 2021 12:57AM
Quote
Bo
First round, auto deposit
Second round, nothing so far

Anyone else in the same boat?
Did the qualifications change in any way?

If you log into the IRS site it will give you status/





Edited 999 time(s). Last edit at 12:08PM by jdc.
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Re: Stimuls comes on an ATM card?
Posted by: Bo
Date: January 22, 2021 03:51AM
Quote
jdc
Quote
Bo
First round, auto deposit
Second round, nothing so far

Anyone else in the same boat?
Did the qualifications change in any way?

If you log into the IRS site it will give you status/

I should have mentioned that I’ve checked many times. It always just says

“We don't have enough information yet (we're working on this), or
You're not eligible for a payment.”
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Re: Stimuls comes on an ATM card?
Posted by: Michael
Date: January 22, 2021 06:01AM
Quote
Bo
First round, auto deposit
Second round, nothing so far

Anyone else in the same boat?
Did the qualifications change in any way?

For the first one, I wasn't able to get into the IRS site for 2 months. I was finally able to login to the IRS site using an address we had moved away from literally 31 years ago and entered my Wells Fargo (I know, I know...) information. We got a single electronic deposit for both of us.

This time, my wife got a check in the mail. I waited a week and checked mine on the IRS site. The address was no longer valid and instead I was finally able to use an address that has never been a legal address for our street but lots of people use to login. Where the hell did that come from??? It looks like I'm not eligible. That actually makes sense because I converted a bundle of IRA money to Roth IRA money. However, my tax attorney lawyer daughter told me that neither of us should have gotten the second one since they use our filing status (married, joint) and with the conversion in my IRA it put us over the limit. Who knows...
It will be very interesting to see if my wife gets whatever the third one will be.

I'm ambivalent as hell about receiving the stimulus money at all since COVID did not change our pensions nor SS at all, of course. It was money we just stuck in Fidelity and one day our daughter will inherit. Of course, she'll be paying it back with higher taxes so maybe it all just comes around.
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Re: Stimuls comes on an ATM card?
Posted by: deckeda
Date: January 22, 2021 09:19AM
My understanding was that if they didn’t get it to you by the 15th, you had to be a squeaky wheel in some way.
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Re: Stimuls comes on an ATM card?
Posted by: Gareth
Date: January 22, 2021 10:56AM
Our first stimulus was direct deposited. The 2nd came on the debit card, which we immediately transferred to a bank account. No idea why since banking information was on the latest tax return also, unless it was because we filed separately for 2018 and then filed a joint return for 2019 after the first stimulus.
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Re: Stimuls comes on an ATM card?
Posted by: Acer
Date: January 22, 2021 02:20PM
Both came DD for both of us.
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Re: Stimuls comes on an ATM card?
Posted by: vision63
Date: January 22, 2021 04:08PM
I hope everybody that needs money gets money.
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