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MiCard users advised to take money out before the end of the year

Picture credit: Isle of Man Government

Cards are 'hardwired' to stop working from 1 January

The treasury minister is advising those who save money on their MiCard to withdraw their cash before the end of the year.

From 1 January 2026, the cards, which have been used since 2009, are 'hardwired' to stop working. 

Treasury Minister Alex Allinson says from that date, benefits or pensions will either be paid directly into people's bank accounts, via cheque, or using a replacement card which will only last for 12 months. 

But he has this message for MiCard users: 

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