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NBC quoted Politico editor Zack Stanton, who tweeted: "I almost threw mine out with the junk mail: The return address was 'Money Network Cardholder Services,' no indication it's from the govt/U.S. Others may cut the cards into confetti without opening the envelope and then throw them out, so as to avoid identity theft.Īn IRS FAQ says that the cards are issued by Metabank and bear the Visa logo, which could add to the confusion for those who are not expecting their stimulus payments in the form of debit cards. So when these envelopes show up mailboxes, what do skeptical people do? Some may throw them out without even opening them. According to NBC, the prepaid debit cards look pretty much exactly like junk mail, as they bear no markings whatsoever that they've come from the federal government. The problem is that junk mail often comes with annoying plastic cards made to look important., and many recipients of the prepaid debit cards are unaware of the IRS announcement. The determination of which taxpayers received a debit card was made by the Bureau of the Fiscal Service, a part of the Treasury Department that works with the IRS to handle distribution of the payments." The IRS announced the use of prepaid debit cards for the Economic Impact Payments on May 27, saying, "The debit cards arrive in a plain envelope from 'Money Network Cardholder Services.'" According to the IRS, "nearly 4 million people are being sent their Economic Impact Payment by prepaid debit card, instead of paper check. While the IRS has begun mailing out stimulus payments to those without direct deposit, some recipients are accidentally throwing them out because they look like junk mail, according to NBC News.
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