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More than five million Australians will benefit from another $ 250 coronavirus payment just in time for Christmas.

Known as the “Financial Support Payments,” the new cash spill exists in two payments of $ 250: one to be paid in December 2020 and the other to be paid in March 2021.

If you are confused by the large number of payments and eligibilities, here is everything you need to know about the latest Government Support Payments.

READ MORE: NSW $ 100 Coupon Explanation

Known as the “Financial Support Payments,” the new cash spill exists in two payments of $ 250: one to be paid in December 2020 and the other to be paid in March 2021. (AAP)

Who is eligible for the financial aid payment?

The $ 250 child support payment is only paid to some Australians; it is not a blanket payment that everyone receives.

Generally, you will receive payment if you receive an old-age pension, a caregiver’s allowance, a caregiver’s payment, if you have a Commonwealth Senior Health Card, or a Disability Support Pension.

You will also receive it if you currently get a double orphan pension, a family tax benefit, or have a pensioner grant card.

You must get an eligible payment or have an eligible card by November 27, 2020 (you cannot access it after the fact).

Those who receive the old-age pension will receive both payments.

How much is the financial support payment?

Financial support payments are a sum of $ 500 divided into two payments of $ 250.

When do you receive the financial support payment for coronavirus?

The first sum of $ 250 will be paid as of today (December 2020), while the second payment of $ 250 will begin to reach eligible bank accounts as of March 2021.

Millions of Australians will start receiving a payment of $ 750 starting today.
The first sum of $ 250 will be paid as of today (December 2020), while the second payment of $ 250 will begin to reach eligible bank accounts as of March 2021. (Nine)

How do I access my payment of $ 250 for December?

If you are eligible for payment, you don’t need to do anything – it will automatically be credited to your account.

There are a few caveats: To get the December payment, you must be in the country and eligible by November 27, 2020.

If you do not get an eligible payment or award card, you will not normally receive the Financial Support Payment.

Beyond Blue’s Coronavirus Mental Well-Being Support Service is a free 24/7 service to all Australians. Visit the site here or call 1800 512 348
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