Treasury Extends Debit Card Application Form for Smooth Operations
Published Date: 11/28/2025
Notice
Summary
The Treasury Department is extending the use of a form that helps officials get and manage special government debit cards called Stored Value Cards (SVCs). This form collects info to make sure payments and debts linked to these cards are handled properly. If you’re involved with these cards, you can comment on the form by January 27, 2026—no cost changes, just keeping things running smoothly!
Analyzed Economic Effects
3 provisions identified: 0 benefits, 3 costs, 0 mixed.
SVC Enrollment Requires Bank Debit Authorization
If you apply to enroll in the Treasury Stored Value Card (SVC) program using FS Form 2888, you must authorize the Treasury to initiate debit and credit entries to your bank or credit union account. The form also facilitates collection of any delinquent amounts that may become due as a result of card use.
Applicant Data May Be Shared with Agencies
Information you provide on FS Form 2888 may be disclosed to Treasury's Fiscal and Financial Agents and their contractors, to the Department of Defense for SVC administration, and to other Federal, State, or local agencies as allowed under routine uses and the Privacy Act.
Estimated Time Burden for Applicants
The Treasury estimates 7,500 respondents will complete FS Form 2888, with an estimated time of 10 minutes per respondent and a total annual burden of 1,250 hours.
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The Treasury Department is extending the use of forms for its Stored Value Card program, which helps people get and manage prepaid cards. If you’re applying or working as a contractor, you’ll keep using these forms to share info and authorize payments. No big changes or costs, but if you want to comment, do it by January 27, 2026!
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