The Economic Impact Payment (EIP), also referred to as Stimulus Payment, is part of the COVID-19 relief provided to consumers by the Federal Government.

Eligibility 

For answers about whether you are eligible and much more, visit the IRS Economic Payment Information Center

Third round of payments - March 2021

To check your payment status, visit the IRS Get My Payment site

For answers to common questions visit the IRS Q&A site

Direct deposit

Eligible individuals may begin seeing their payments appear as "pending" in their bank accounts as soon as Saturday, March 13

  • Please note that direct deposits show “pending” in whichever account the IRS has on file for you, but are posted to your Savings. This means that you may see the payment "pending" in your HawaiiUSA Checking account, but the actual deposit will appear in your Savings account. This change is to ensure our members have full access to their Stimulus funds. Learn more
  • Why does my Economic Impact Payment show as "pending"?

Checks

Checks will be issued to certain individuals. Visit the IRS Get My Payment site​ for more information. 

  • New! All types of Treasury Checks including the Economic Impact Payment may now be deposited using Mobile Deposit
  • You may also deposit at any HawaiiUSA branch, ATMs located at HawaiiUSA branches, or use the Night Drop at select HawaiiUSA branches

EIP debit cards

The IRS may issue certain Stimulus payments via prepaid debit card. Visit the IRS Get My Payment site​ for more information. 

These cards are mailed in white envelopes that prominently display the U.S. Department of the Treasury seal. It has the Visa name on the front of the Card and the issuing bank, MetaBank®, N.A. on the back of the card.​ Read more from the U.S. Department of the Treasury

  • If you received an EIP debit card and want to learn more about it, click here
  • If you mistakenly discarded your EIP debit card, you may reorder one for free. According to the EIP Card website, to order a new card call them immediately at 1-800-240-8100 and select the “lost/stolen” option. The original EIP Card will be deactivated and a replacement card will be sent

 

Second round of payments - Jan 2021

If you are eligible but did not receive a payment, or did not receive the full amount, you may file for the Recovery Rebate Credit on your 2020 tax return. 

 

Tips from the IRS Website:

Avoid scams related to economic payments and COVID-19

The IRS urges taxpayers to be on the lookout for scam artists trying to use the economic impact payments as cover for schemes to steal personal information and money. Remember, the IRS will not call, text you, email you or contact you on social media asking for personal or bank account information – even related to the economic impact payments. Also, watch out for emails with attachments or links claiming to have special information about economic impact payments or refunds.

 

 

Wondering what you should do with your Stimulus Payment?

Here are some ideas that won't give you a financial guilt-trip

  • Cover basic needs such as housing, food, transportation and utilities
  • Next, take a look at other bills and payments, including income taxes. Get creative; it could look like splitting that Stimulus money among the most important, then at least making minimum payments on others to ensure your accounts remain in good standing
  • If you’ve got those bases covered, there is no better time to start that emergency fund. While many experts recommend saving three to six months’ essential expenses, the reality is that even $1,000 can provide some peace of mind when life happens
  • Still looking for options? Paying a lump-sum toward debt could be a smart move, or even investing for the long-term if you have the patience to let the market recover