The Wisely Team is Here to Help

Your Stimulus Check Can be Deposited Directly Into Your Wisely® Account.

ECONOMIC IMPACT PAYMENT

Dear valued cardholders,

We know it’s important that you can access your funds quickly, easily and securely, especially during these challenging times.

Based on the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) signed into law on March 27, 2020, many Wisely® cardholders may be eligible to receive financial relief from the federal government in the form of a stimulus payment – Economic Impact Payment.

The IRS launched a new tool for eligible individuals to receive their Economic Impact Payment digitally. This means you can choose to receive your payment directly to your Wisely account through direct deposit. If you have not already, you can enable direct deposit to your Wisely account in a few simple steps.

See the below FAQ for information about the Economic Impact Payment and how to receive it via direct deposit to your Wisely card, if eligible.

We're all in this together. Wisely thanks you.

Wisely Cardholder FAQ

How do I know if I’m eligible for the Economic Impact Payment and how much can I expect?
For more information on requirements for receiving the stimulus payment visit the IRS website.

How can I receive the payment?

Wisely FAQ 1

If you have already set up direct deposit for your latest federal income tax return to be directly deposited to your Wisely account, you should receive your payment automatically. The stimulus payment should be transferred to your account in the same way. Refer to the IRS website for more details.

Wisely FAQ 2

If you received a physical check for your last tax refund and want to receive your stimulus payment with direct deposit, the IRS is now accepting direct deposit information online. See below to enable direct deposit to your Wisely account. You will need the following information:
-Social Security Number
-Date of birth
-Mailing address
-Adjusted Gross Income from your most recent tax return submitted, either 2019 or 2018
-The refund or amount owed from your latest filed tax return
-Wisely account and routing numbers

Wisely FAQ 3

If you didn’t file taxes, the IRS is now accepting direct deposit information online for non-filers. See below to enable direct deposit to your Wisely account.

 

How do I deposit my stimulus payment directly into my Wisely account?

Wisely FAQ 3 Log in to get your account and routing number. You can get the routing and account number for your Wisely card by logging into myWisely.com. Go to your account settings, then tap or click “Account Numbers”. If you don’t already have the myWisely® mobile app, download it, set up an account and access your information as previously stated.

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Wisely FAQ 3 Visit the IRS portal if you previously filed taxes and received a paper check, then enter your Social Security Number, date of birth, mailing address, adjusted gross income from your most recent tax return submitted (either 2019 or 2018), the refund or amount owed from your latest filed tax return and your Wisely account and routing number (visit the IRS portal here for non-filers).

Wisely FAQ 3 Select “checking” as your payment type

Wisely FAQ 3 Wisely can notify you when your Stimulus Payment is deposited to your account if you set up alert notifications within myWisely.1

 

Your friends at Wisely