Your $ 1,400 stimulus check may arrive at 9:00 a.m. on St. Paddy’s Day

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If you’re waiting for your third stimulus check, St. Paddy’s Day could be your lucky day. Although the IRS started issuing payments over the weekend, for tens of millions of people on Wednesday March 17 is the day those $ 1,400 payments actually appear in bank accounts. This is exactly when you can expect your third stimulus check.

Why you haven’t received your third stimulus check yet

The IRS began making payments last Friday just a day after President Joe Biden signed the US $ 1.9 trillion bailout plan. But you probably didn’t see that money until Tuesday March 16.

This is because the National Automated Clearing House Association, which oversees direct deposits for many banks and credit unions in the US, allows the sender – here the IRS – to determine when the funds will be available. The IRS chose March 17th for its first round of payments in this case.

Online bank glockenspiel and banking apps Current and Square’s cash app hasn’t waited for the money to pay off. They made stimulus checks available to users over the weekend. However, the vast majority of banks require you to wait until the official payment date to access funds.

On Wednesday at 8:30 a.m. local time, these funds will be cleared, meaning they will be officially transferred from IRS coffers to bank accounts. Banks and credit unions must make these funds available to customers on Wednesday at 9:00 a.m.

This means that tens of millions of people with updated direct deposit information will have their third stimulus check on their bank account at 9:00 a.m. on Wednesday.

Who won’t get a stimulus check on March 17th?

This is only the first round of payments for the third stimulus check. Don’t panic if yours doesn’t arrive tomorrow. You can track your check using the IRS Get My Payment feature. However, information is only updated once a day and is often slow given the high demand.

Once you’ve closed the account the IRS has on file for you, you’ll have to wait a few weeks. You cannot update banking information through the IRS website. Your old bank will refuse the deposit and send it back to the IRS. You will then receive your payment in the mail, either as a check or a prepaid debit card.

Individuals who received the first two stimulus checks in the mail will most likely also receive this round in the mail. The IRS hasn’t announced when it will start shipping payments, but it is expected to start shipping in late March.

Robin Hartill is a certified financial planner and senior writer at The Penny Hoarder. She writes the Dear Penny personal finance advisory column. Send your tricky money questions to [email protected]


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