A rumor is spreading rapidly across the US that people are going to get a sudden Direct Deposit of $697 in April 2025. It is being claimed on social media and many websites that this could be a new stimulus payment. This is spreading both excitement and confusion among the people. But the real question is – is it true?
Let’s know the real truth behind this $697 rumor and which real government payments are actually being given in April 2025.
Is the Direct Deposit of $697 true?
According to government records and reliable websites, there is currently no official stimulus payment that is being released in the form of $697. This amount may actually be an average of different financial support programs, which may have been misinterpreted to spread this rumor.
But it is definitely true that there are many real government and state-level schemes through which people are getting money in April.
- Actual payments are being received in April 2025
- IRS Recovery Rebate Credit (Third Stimulus Check)
What is this? Those who did not receive the third stimulus check in 2021 have been given another chance to get this amount back.
- Amount: Up to $1,400
- Last date of application: 15 April 2025
- How to get: File your 2021 tax return and fill out the Recovery Rebate section in Form 1040.
Example: If you earned $60,000 in 2021 and did not receive the third stimulus, then you are entitled to get this amount.
Alaska Permanent Fund Dividend (PFD)
What is this? People living in the state of Alaska are given a share of the oil earnings in cash every year.
- Amount: $1,702 per person (as of 2024)
- Deposit dates: March 20, April 17, May 15, 2025
- Eligibility: People living in Alaska who applied on time.
Social Security and SSI benefits
What is it? Seniors and eligible people receive Social Security money every month.
April 2025 payment dates:
- Birthdays 1–10: April 9
- Birthdays 11–20: April 16
- Birthdays 21–31: April 23
How to get it: Via direct deposit or prepaid debit card
So where did the $697 rumor come from?
This number is probably confusing to people for the following reasons:
- Local plans like Sacramento’s Family First Guaranteed Income Program, which pays $725 per month.
- Tax refunds in which some people get back as much as $697.
- Misinformation spread through social media and rumors.
Tip: Always check information from trusted websites like IRS.gov, SSA.gov and Benefits.gov.
Some more legitimate plans that are active in April 2025
Sacramento Family First Guaranteed Income Program
Amount: $725 per month, total $8,700 per year
Eligibility: Families living in Sacramento County with children ages 0–5 and Black, African American, American Indian or Native American communities.
Income range: Below 200% of the federal poverty line
Tax Refund Season
- Average tax refund: $2,753 (for 2024)
- Timing: E-file and direct deposit refunds typically arrive within 21 days.
If you recently received an amount close to $697, it may be part of your tax refund or another tax credit (such as the Child Tax Credit or Earned Income Credit).
How to find out if you’re eligible for a payment?
Step 1: Visit the IRS website (irs.gov) and use the “Where’s My Refund” tool.
Step 2: Create “My Account” on the Social Security website (ssa.gov) and check the payment status.
Step 3: Check your state’s benefits website – such as the State Department of Revenue or Human Services site.
Step 4: Also visit a local government office or website where information on small-scale plans may be available.
Conclusion
Although reports of a direct $697 payment are false, there are more than several genuine plans in April 2025 which are providing direct support to Americans in financial distress. If you can find the right supporting information in the appropriate time, and apply in time, you could take advantage of these programs as well. Be careful with any rumors, official sources should be trusted.
FAQs
Q1: What is the $697 direct deposit in April about?
A: The $697 direct deposit is a surprise financial assistance or government benefit that may be issued in April 2025 to eligible individuals. It could be related to tax refunds, state stimulus, Social Security benefits, or other support programs.
Q2: Who is eligible to receive the $697 deposit?
A: Eligibility varies depending on the program behind the payment. Typically, low-income families, SSI/SSDI beneficiaries, seniors, or those who recently filed taxes may qualify. State-level eligibility criteria might also apply.
Q3: Is this an official stimulus payment from the IRS?
A: It may or may not be a federal stimulus. Some payments are issued by state governments, Social Security Administration (SSA), or other benefit programs, not directly through the IRS.
Q4: How will I know if I’m getting the $697 payment?
A: Eligible individuals usually receive a notice or deposit alert from the issuing agency. You can also check your bank account, Direct Express card, or online government portals for updates.
Q5: When will the $697 be deposited?
A: Deposits are expected to occur during April 2025, but the exact date depends on the issuing agency and the payment schedule (e.g., SSA, state treasury, or tax refund cycle).