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Did you know you can easily transfer the funds out of your Economic Impact Payment (EIP) prepaid debit card without having to even make a trip to the bank? There are several ways you can transfer funds from your EIP debit card to an existing bank account at no cost to you. All you will need is Monona Bank’s routing number (075912712) and your Monona Bank account number. You can find your bank account number in your Monona Bank Online account.

For your convenience, step-by-step instructions are shown below for some of the ways you can transfer your stimulus funds from your EIP card to your Monona Bank account.

Transfer funds online at EIPCard.com

  1. Be sure you have activated your EIP Card before attempting to transfer funds.
  2. Register for online access by going to EIPCard.com and click on “Login” and “Register Now”. Follow the steps to create your User ID and Password. Be sure to have your EIP Card handy.
  3. Select “Transfers in U.S.” under Money Out.
  4. Follow the steps to set up your destination bank account prior to completing your ACH transfer.
  5. Transfers should post to your bank account within 2-3 business days.

Transfer funds using the Money Network Mobile App

  1. Be sure you have activated your EIP Card before attempting to transfer funds.
  2. Download the Money Network Mobile App2 and register for mobile access by clicking “New User?”. Follow the steps to create your User ID and Password. Be sure to have your EIP Card handy.
  3. On the top left menu, click “Send Money to an External Bank Account” under Move Money Out.
  4. Follow the steps to set up your destination bank account prior to completing your ACH transfer.
  5. Transfers should post to your bank account within 2-3 business days.

Transfer funds by calling 1 (800) 240-8100

  1. Be sure you have activated your EIP Card before attempting to transfer funds.
  2. Call 1 (800) 240-8100 and follow the prompts to authenticate with the Interactive Voice Response Unit (IVRU).
  3. Once authenticated by the IVRU, follow the prompts to set up your destination bank account prior to completing your ACH transfer.
  4. Transfers should post to your bank account within 2-3 business days.

Please note that ACH Transfer to Domestic Bank Limits apply: $2,500 per transaction | $2,500 per day | $5,000 per month. Please see your Cardholder Agreement online at EIPCard.com for more information.

If you have any questions about what an EIP Card is, or how to transfer funds onto a prepaid debit card, please give our banking experts a call at (608) 223-3000 or email us at customercare@mononabank.com.