If you have received any NetSpend cards in your mail, read this article to learn about the stimulus check debit cards and why you are receiving them in the mail.
Have you received a NetSpend prepaid card in your mail without applying for it? Don’t throw that strange NetSpend card you just got in the mail.
You are getting a NetSpend card in the mail for your stimulus payment, as Prepaid Debit cards are used to distribute federal stimulus money, but are being mistaken for junk mail.
The IRS does not have direct deposit information for your stimulus payments.
It is not junk mail; it could be your stimulus check from the government. The IRS and the Department of the Treasury have been distributing relief payments to pandemic-stricken Americans.
Therefore, people have been receiving stimulus debit cards into their mail addresses.
NetSpend has also been mailing random cards in the mail to its prospective clients.
Some people have reported receiving unsolicited Visa debit card from NetSpend that looks official instead of a pre-approved application package.
The company sends these cards to your address, waiting for activation. If you have received any NetSpend cards in your mail, you don’t need to worry.
Read below to learn about the stimulus check debit cards and why you receive them in the mail.
Read: Why Did my Child Get a NetSpend Card in Mail?
Why Do I Keep Getting NetSpend Cards In The Mail?
Many banks have been sending stimulus check debit cards via mail.
Recently, you may get a NetSpend debit card in the mail because of several reasons. While people receive their stimulus payments via direct deposits, the IRS is also sending prepaid debit cards in the mail. These debit cards come in white envelopes emblazoned with the Department of the Treasury seal.
You are getting this NetSpend card in the mail because the IRS does not have direct deposit information for you, or the financial institution rejected the payment and returned the money.
You would also get to this NetSpend card in your mailbox if the account were closed. The IRS uses your most recent address to issue the payments.
Can I use Netspend cards received in the Mail, or are they fake?
These are legitimate NetSpend cards that will work if you activate and deposit funds in them. Anyone with a credit problem and who enjoys buying things online will find Netspend cards helpful. You can also register your Netspend card for stimulus checks from the government, where they put the funds directly on the card.
Don’t mistake these debit cards as junk mail or think of it as a scam and throw it out. You can use them to perform all Financial transactions, including rent or mortgage payments If your landlord or loan servicer accepts Visa debit card payments.
For example, you can use the prepaid debit card to make purchases online and at any retail location where Visa is accepted. You can also get cashback during a purchase, transfer the funds to your bank account, or withdraw money from an ATM.
However, they come with fees, and there is a limit on how much money you can access at one time. For example, there is a $1,000 ATM withdrawal limit per transaction and per day.
According to the IRS, the limit on ACH transfers to a bank account is $2,500 per transaction.
Read: Why is My Netspend Direct Deposit Late?
How to recognize a legitimate NetSpend card?
The NetSpend cards arrive in a white envelope from the US Department of the Treasury. The debit card has the Visa logo on the front, and the issuing bank is MetaBank. You will also see “Money Network” on the back of the debit card. Don’t throw away your junk mail as it could contain an important debit card in a stimulus check.
You can also contact NetSpend to verify the legitimacy of the prepaid card in your mail.
You may need to provide information such as your physical address and mail address for NetSpend to help you. Log in to your NetSpend online account Center frequently to verify that all transactions are legitimate. Also, ensure you read the instructions carefully to find out how to avoid fees when using the card.
Who is the card from?
These cards come from the IRS and NetSpend. People have been receiving Social Security or railroad retirement funds on the NetSpend card account.
The IRS plans to deposit your stimulus checks into the same account you normally receive your federal benefits. The agency sends most payments by direct deposit because it is the easiest and fastest way to get this money to more people.
Therefore, you will receive a new debit card with the latest stimulus payments since none of the previous debit cards is reloadable. Sometimes the state sends out unemployment benefits on prepaid cards, with many rebates loaded onto a prepaid debit card.
However, NetSpend is also mailing checks and prepaid debit cards to its prospective clients. Sometimes prepaid debit cards are not bad.
The IRS sent millions of debit cards and paper checks to people’s mailboxes as prepaid cards. The only downside of getting these prepaid cards is the transaction fees when withdrawing, checking balance, or conducting monthly maintenance.
Sometimes NetSpend sends the visa debit card if they think a household needs it. The company has been mailing the cards to people whose marketing list suggests they are likely to use their services.
However, the card won’t be functional unless you activate it. As long as you don’t activate it, the account will not exist in their system. Therefore, you can receive a NetSpend prepaid card without applying for it. The company tries to get people to activate and deposit money in it.
It’s important to call the NetSpend customer agent service and find out why they sent the Prepaid card to your email address. Call from your office or phone that is not a landline or cellphone; then you give the amount of information on the name and address of your mailing.
However, don’t provide a social security number name of the employer.
Final Thoughts
NetSpend prepaid visa cards are safer than carrying cash.
They are an alternative to traditional checking accounts. The IRS has been sending stimulus payments to people’s bank accounts while others receive the checks and prepaid cards in their mailboxes.
The money is a financial Lifeline for many families who the pandemic has hit. If you find these unsolicited NetSpend cards in your mail, call the company to explain why they send the cards.
