The latest on this inflation stimulus payment comes with a holiday asterisk.
Middle Income Tax Refund debit cards will be distributed to qualifying taxpayers through mid-January. Activating the card: Once a user calls and activates the card, NYCB opens an account for that user.Readers were quite concerned their data would be sold to third parties, including their Social Security number.
But reader Johanne G. didn’t take comfort in that response: “I found one place where the information you received from the FTB differs from the NYBC Consumer Privacy Notice. On the first page of the NYBC notice, in the FACTS section, it clearly states that “When you are no longer our customer, we continue to share your information as described in this notice.”
For any debit card recipient who prefers to skip all that financial mumbo-jumbo, you can opt-out, triggering a paper check, hopefully before next Christmas.—Decline the terms and conditions of the cardholder agreement, causing funds to be returned to FTB, which will then issue a check.
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