Update 1/8/21: Debit cards are being sent out in the coming week to those who have not yet received their stimulus payment, per a new IRS press release. You might get a debit card payment even if you got a check the first time, and vice versa. Keep an eye out – cards will be sent in a white envelope that prominently displays the U.S. Department of the Treasury seal. The debit cards will have a routing/account number which allows the funds to be transferred to your bank. You can check the status of your stimulus payment with the IRS ‘Get My Payment’ Tool.
Update 12/30/20: Many people have already received their stimulus deposit. Check your bank/banks to see if it posted. Those who don’t have direct deposit set up will have to wait longer until they receive the physical checks/prepaid cards mailed out. Beginning later this week, you’ll be able to track the status of your payment at this link.
Treasury Secretary Steven Mnuchin said in an interview with CNBC that the $600 stimulus grants will be received by early next week. That’s pretty amazing given the bill has not yet passed. Always good to know when funds will be coming and when to keep an eye out.
Obviously this is all only for those who have ACH set up from their tax return or from the previous stimulus; those who will be getting their stimulus funds through the mail probably won’t be getting it for some time. The mail stimulus funds will be sent out either as a check or a prepaid card, reportedly.