CARES Act Debit Cards Aren’t A Scam

As people received federal stimulus and relief payments by mail through the CARES Act, some were perplexed to get a prepaid debit card rather than a paper check.

Attorney General Maura Healey said this week,the cards, called Economic Impact Payments, are in fact real — and then went on to offer tips to avoid improper use.

That starts with knowing what to look for. The EIPs arrive in envelopes with the return address "Money Network Cardholder Services, PO Box 247022, Omaha, NE 68124." The money can be used anywhere Visa cards are accepted, including at ATMs. But Healey noted that usual fees apply.

The bucks can also be transferred to a checking account using the Money Network Mobile App. The AG recommends that people retain the cards even after spending the money, in case Congress adds payments through new legislation.

Read more on this subject on The Berkshire Eagle.Com