Tax & Stimulus Payment Series | Part One
TOPIC: EDD & Stimulus Cards
[VISUAL DESC: Byung, a Korean American man wearing the charcoal shirt with DCARA logo on the left chest in front of a black background and sitting on a chair.]
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You may have noticed there are many cards that are going around, especially when it comes EDD and the Stimulus payment. You may want to throw them away, but please DON’T! Here are some explanations of what the differences are between the two cards, EDD and Stimulus.
[Slide shows a proof of real card with red circle]
EDD card is from the Bank of America and it has a distinct look. It is used only for UI, SDI, and PUA. This card will be reloaded by EDD, depending on how much you receive every week.
[Signer point at the screen to look at photo of card]
While the Stimulus Card has a different look, as it is a Prepaid Visa card from MetaBank. The stimulus card contains your Stimulus money. There is a process you have to follow in order to use it.
[Signer point at the screen to look at photo of card]
LINK: https://www.aarp.org/money/taxes/info-2020/stimulus-payment-debit-cards.html
Want to know if the letter you got from Stimulus is a scam or not? Watch for our next upcoming vlog!
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Sources:
https://www.gov.ca.gov/2021/02/23/governor-newsom-signs-legislative-package-providing-urgent-relief-to-californians-experiencing-pandemic-hardship/
https://www.eipcard.com/locator/
https://www.aarp.org/money/taxes/info-2020/stimulus-payment-debit-cards.html