Cards issued pursuant to license by Mastercard. Negative balances are limited to $20 and must be repaid within 30 days. Negative balances are . E-file fees do not apply to NY state returns. See Spending Account Agreement for details. Supporting Identification Documents must be original or copies certified by the issuing agency. She is also a Certified Educator in Personal Finance (CEPF). 2022 HRB Tax Group, Inc. All Rights Reserved. Comparison based on regular price for standard paid DIY products on turbotax.com as of 3/1/2023. This is a HUGE security risk and the first red flag !! The perks include automatic cash back and early direct deposit. Receive your federal tax refund up to 5 days early, ** get paychecks up to two days early, 1 and earn automatic cash back rewards at select retailers. February 03, 2022, 4:31 p.m. EST 6 Min Read. The perks include automatic cash back and early direct deposit. There is no tuition fee for the H&R Block Income Tax Course; however, you may be required to purchase course materials, which may be non-refundable. H&R Block, Inc. (NYSE: HRB) provides help and inspires confidence in its clients and communities everywhere through globaltax preparation services,financial products, andsmall-business solutions. When you login first time using a Social Login button, we collect your account public profile information shared by Social Login provider, based on your privacy settings. Saving goals. And, for a limited time, you'll get a $50 bonus when you receive qualifying direct deposits. Spruce fintech platform is built by H&R Block, which is not a bank. Additional fees and restrictions may apply. To do this, many or all of the products featured here may be from our partners. H&R Block is not a bank. A separate agreement is required for all Tax Audit & Notice Services. Fees for other optional products or product features may apply. The Income Tax Course consists of 62 hours of instruction at the federal level, 68 hours of instruction in Maryland, 80 hours of instruction in California, and 81 hours of instruction in Oregon. With this platform, built by H&R Block, you can access your account anywhere, anytime for balance checks on-the-fly, finding ATMs in a flash, and so much more. Terms and conditions apply; see. Payroll, unemployment, government benefits and other direct deposit funds are available on effective date of settlement with provider. State e-File for business returns only available in CA, CT, MI, NY, VA, WI. Pathward does not charge a fee for this service; please see your bank for details on its fees. Learn how to keep it safe. - Get your Federal Refund Early! If the online tax preparation or tax software makes an arithmetic error that results in your payment of a penalty and/or interest to the IRS that you would otherwise not have been required to pay, H&R Block will reimburse you up to a maximum of $10,000. Once youre in the mobile app, if you try clicking on security notifications to choose how youd like your security set up, it doesnt do anything ? 2022 HRB Tax Group, Inc. H&R Block Emerald Prepaid Mastercard is issued by Pathward, N.A., Member FDIC, pursuant to license by Mastercard. Spruce is a mobile banking app for people who want to be better with money. Millions of Americans do not have adequate banking solutions which makes it more difficult for them to maintain financial stability. Accounts may be opened through the Spruce app and on the Spruce website. If you use your debit card at select retailers, you'll get cash-back rewards deposited into your account. I liked the setup so much I used it to get my paycheck. Supporting Identification Documents must be original or copies certified by the issuing agency. Spruce Mobile Banking $20 Direct Deposit Bonus Earn a $20 bonus when you open a Spruce Spending and Savings Account with qualifying activity. See Spruce Rewards powered by Dosh Terms for details. You also have the chance to get your federal tax refund up to five days early. H&R Block Free Online, NerdWallets 2023 winner for Best Online Tax Software for Simple Returns. And, for a limited time, you'll get a $50 bonus when you receive qualifying direct deposits.Here's how Spruce can help you be good with money:- No sign-up fees, no monthly fees, no credit check, and no minimum balance required. MetaBank has a B rating because it has 775 complaints filed against the business. Simple steps, easy tools, and help if you need it. It is not an extension of credit; it is a courtesy exercised at the banks discretion. Enroll in direct deposit and get up to $20 fee-free overdraft protection once activated. If you are looking for a platform that has been around long enough to work out any issues, If you are looking for a bank with more name recognition and attractive APYs for your savings, consider, Best Checking Accounts for Military Members, Best Bank Accounts To Get Your Tax Refund Or Direct Deposit Early. Not a 1 star for the app as much as the card and company itself. What Does It Offer? E-file fees do not apply to NY state returns. Enrolled Agents do not provide legal representation; signed Power of Attorney required. Among other things, we may receive free products, services, and/or monetary compensation in exchange for featured placement of sponsored products or services. If you had to think for even a moment about how to answer, you might be ready for a change. . Please check with your employer or benefits provider as they may not offer direct deposit or partial direct deposit. 6 Courtesy Coverage is only available for purchase transactions, ATM withdrawals, and over-the-counter withdrawals using the Spruce debit card. Seriously ?? 4 Early access to funds depends on the timing of the payers submission of the payment. Apple and the Apple Logo are registered trademarks of Apple Inc. Google Play and the Google Play logo are trademarks of Google LLC. Pathward does not charge a fee for this service; please see your bank for details on its fees. You're saving it. You can set up individual financial goals through the account and evaluate them through charts that track your progress. NEW OFFER! See your. FRA2. A separate agreement is required for all Tax Audit & Notice Services. I recently signed up for the spruce account because I file my taxes with H&R Block every single year. Spruce has dozens of 5-star reviews in the App Store and numerous 4- and 5-star reviews from banking experts who review apps like Spruce for a living. I keep being told they have to send emails and I have to wait 5 business days or longer for any assistance. Your lender or insurer may use a different FICO Score than FICO Score 8, or another type of credit score altogether. You might be able to use a portion of your home's value to spruce it up or pay other bills with a Home Equity Line of Credit. MetaBank works to increase financial availability, choice, and opportunity for all. Personal state programs are $39.95 each (state e-file available for $19.95). Offer valid only for 6-Month TSB CD Special. Last month, Block teamed up with Meta Financial's MetaBank to introduce Spruce, which gives clients a spending account, a debit card, and a mobile app, along with a connected savings . No credit check to apply. She told me she would have to submit a request to their back office to close my account and that basically I MIGHT get an email confirming closure, whenever they get around to it ?? Receive 20% off next years tax preparation if we fail to provide any of the 4 benefits included in our No Surprise Guarantee (Upfront Transparent Pricing, Transparent Process, Free Audit Assistance, and Free Midyear Tax Check-In). May be modified or discontinued at any time. Deposits that do not qualify are mobile check deposits, internal transfers, transfers . Thanks for your review! accountholder must receive $200 in qualifying deposits over the relevant 35-day period and opt in. There are limits on the total amount you can transfer and how often you can request transfers. Message and data rates may apply. . Among the dozens of newish fintech platforms Ive examined and reviewed over the past year or two, Spruce stands out for its simplicity, usefulness, and transparent fee structure. Cash-back amounts and terms can vary by merchant location, offer period, and user, so check the app for up-to-date information. When you deposit money into your checking or savings account, the money will show as 'pending' until the funds are verified and added to your available balance. I would run from these people. By clicking Sign up, you agree to receive marketing emails from Insider Great news! Cash back offers and amounts may vary by user, merchant location and offer period. Youve been warned !! Thanks for your feedback! US Mastercard Zero Liability does not apply to commercial accounts (except for small business card programs). BBB ratings won't necessarily guarantee your relationship with a bank will be perfect, though. Federal pricing will vary based upon individual taxpayer circumstances and is finalized at the time of filing. See, Important Terms, Conditions and Limitations apply. Cash back offers and amounts may vary by user, merchant location and offer period. The Spruce solution includes a spending account with a debit card, along with a connected savings account that allows for budgeting for specific goals. Once your account is created, you'll be logged-in to this account. This card and service is downright awful. Umm. Available only at participating H&R Block offices. Requires 1) opening of new Spruce Accounts between 1/1/23 and 6/30/23; and 2) $200 in qualifying direct deposits within 45 days of opening. Additional terms and restrictions apply; See. * Offer from H&R Block. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Are you a journalist or member of the media with a question or request? Offer from H&R Block. White Collar criminals. Yes. The H&R Block Emerald Prepaid Mastercard program provides clients quick and convenient access to their tax refund. Fees for other optional products or product features may apply. The Spruce Spending Account is a solid free account. We believe in a future with equitable access to easy and affordable banking. You dont have to activate your offers though. Youre welcome to contact our media team about your story. Transferring funds from another bank account to your Emerald Card may not be available to all cardholders and other terms and conditions apply. how about NO !! H&R Block, Bankrates 2023 winner for Best Overall Online Tax Filing Software. New car? of Amended tax returns not included in flat fees. Spruce is a mobile banking platform that doesnt come with any monthly fees. This is based on our NLP (Natural language processing) analysis of over 135 User Reviews sourced from the Appstore and the appstore cumulative rating of 3.4/5 . At the moment, Spruce doesnt offer early deposit for state tax refunds. Description of benefits and details at. Get the latest tips you need to manage your money delivered to you biweekly. See www.SpruceMoney.com/feesfor details. MetaBank strives to remove barriers to financial access and promote economic mobility by working with third parties to provide responsible, secure, high quality financial products that contribute to the social and economic benefit of communities at the core of the real economy. Chime is a financial technology company, not a bank. Check the app for offers. HRB Tax Group, Inc. KANSAS CITY, Mo., Jan. 20, 2022 (GLOBE NEWSWIRE) -- Living paycheck to paycheck is one of the biggest sources of economic stress for Americans todayand these anxieties impact mental and physical health. Millions of people use H&R Block to prepare and file their tax returns every year. Member FDIC, provides the financial know-how that many Americans urgently need. Our front row seat on American life provides a unique understanding of how to help people get better with money, and weve applied those learnings to Spruce, said Jeff Jones, President and CEO of H&R Block. While the Spruce mobile banking offering is new to the marketplace, H&R Block has been offering clients access to quality financial products and services for decades. Spruce Spending and Savings Accounts established at, and debit card issued by, Pathward, N.A., Member FDIC, pursuant to license by Mastercard. Find a Chase branch and ATM in Wylie, Texas. Transfer funds: If you have a funding account, be ready to provide that information. A mobile banking app for people who want to make the most of their refund. A passport that doesnt have a date of entry wont be accepted as a stand-alone identification document for dependents. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated. Additional fees, terms and conditions apply; consult your, For a full schedule of Emerald Card fees, see your. The developer, HRB Tax Group, Inc., indicated that the apps privacy practices may include handling of data as described below. You won't have to deal with monthly service fees, minimum opening deposits, or overdraft fees. Spruce has no sign-up fees, no monthly maintenance fees, and no minimum balance requirements. File yourself or with a small business certified tax professional. Comparison based on regular price for standard paid DIY products on turbotax.com as of 3/1/2023. We reserve the right to change the Mobile Banking Software and other protocols that we allow for Mobile Banking at any time without prior notice. You are required to meet government requirements to receive your ITIN. Other restrictions apply; terms and conditions apply. More information is available at sprucemoney.com. FICOis a trademark of Fair Isaac Corporation. Spruce fintech platform is built by H&R Block, which is not a bank. We strive to write accurate and genuine reviews and articles, and all views and opinions expressed are solely those of the authors. When he's not investigating time- and money-saving strategies for Money Crashers readers, you can find him exploring his favorite trails or sampling a new cuisine. You can snag your $50 bonus just for receiving qualified direct deposits. To qualify for early direct deposit, you must receive at least $200 in cumulative direct deposits from a benefits provider or employer (not your tax refund) within a 35-day qualifying period. However, the Spending and Savings accounts are FDIC insured through Spruce's banking partner Metabank. Refund Transfer is a bank deposit product, not a loan. The Income Tax Course consists of 62 hours of instruction at the federal level, 68 hours of instruction in Maryland, 80 hours of instruction in California, and 81 hours of instruction in Oregon. For more information, visitH&R Block Newsor follow@HRBlockNewson Twitter. Were sorry for the issue you encountered with Spruce, and wed like to help. State restrictions may apply. Bank products by Pathward, N.A., Member FDIC. You can download the app for iOS and Android. . Loans are offered in amounts of $250, $500, $750, $1,250 or $3,500. Mobile check deposit can make adding money to your bank account quick and easy, without having to pay a visit to a branch. (member FDIC). Endorse your check, then tap "Next". Valid at participating locations only. There is a $3 fee at other ATMs, plus any additional fee charged by the ATM operator. Update: HRBlock called me finally and kinda fixed the situation but not entirely. Do your checking and savings account help you manage your money as efficiently as youd like? Funds are generally made available when payment instruction is received, which may be earlier than scheduled payment date. - Get your Federal Refund Early! Our deep understanding of their needs helped us uncover that whats been missing in mobile banking are easy-to-use features in a product from a company people know and trust, said Les Whiting, Chief Financial Services Officer of H&R Block. You can file your return and receive your refund without applying for a Refund Transfer. 2 Get a $50 bonus when you receive qualifying direct deposits. We're back with some exciting additions and updates to Spruce!First up, we've made it even easier for you to set up payroll direct deposit straight from the app. Brian Martucci writes about credit cards, banking, insurance, travel, and more. Access your account anywhere, anytime for balance checks on-the-fly, finding ATMs in a flash, and so much more. This isnt guaranteed because Spruce has no control over the IRS, but Spruce does make funds available as soon as it receives payment instructions for your refund which can happen as early as 5 days before the deposit would normally appear in your account. https://www.hrblock.com/universal/digital-online-mobile-privacy-principles.html. Here's how Spruce. The editorial content on this page is not provided by any bank, credit card issuer, airline, or hotel chain, and has not been reviewed, approved, or otherwise endorsed by any of these entities. Spruce is a financial technology platform that combines the best features of leading neo-banks with H&R Blocks trusted brand, our 66-year history, and the insights weve gained from helping millions of customers every year. All deposit accounts through Pathward are FDIC insured. Minimum balance of $5,000 required to open account and obtain the APY. 2023 Bankrate, LLC. 2023 Money Crashers, LLC. All three banking platforms require no minimum opening, deposit, or monthly fees. If your employer issues paper paychecks, you receive checks for rebates . Depends on timing of the IRS's payment file. Customer service is available over-the-phone or online from 5 a.m. to midnight CT. We usually include ratings from the Better Business Bureau to help indicate how a business deal with customer issues and handles transparency. Interest will be compounded and credited quarterly. (Jan. 20, 2022) Living paycheck to paycheck is one of the biggest sources of economic stress for Americans todayand these anxieties impact mental and physical health. This means their mobile app does NOT sync with your phone or know who you are !!! Fees apply to Emerald Card bill pay service. 5 Stars, 3.75 FICO is a trademark of Fair Isaac Corporation. If you havent gotten a card from them, they want the card info before sending you another card! Spruce is a mobile banking app for people who want to be better with money. Please drop us a line at solutions@sprucemoney.com or call us at 1-855-977-7823 so we can investigate this issue further and work on getting it fixed. The following data may be collected and linked to your identity: Privacy practices may vary, for example, based on the features you use or your age. A qualifying expected tax refund and e-filing are required. OBTP#B13696. Enrollment restrictions apply. See Spruce Rewards powered by Dosh Terms for details, Tax Identity Shield Terms, Conditions and Limitations, Free Worry-Free Audit Support is available only for clients who purchase and use H&R Block desktop software solutions to prepare and successfully file their 2022 individual income tax return (federal or state). Your goals can be anything you want them to be, from big ones like a down payment on a car or 6-month emergency fund to smaller ones like a new nonstick pan or work outfit. Available only at participating H&R Block offices. | Source: State e-file not available in NH. Spruce is a mobile banking app to help you make the most of your tax refund, get paychecks up to two days early 1, and earn cash back rewards at select retailers. There are limits on the total amount you can transfer and how often you can request transfers. An ITIN is an identification number issued by the U.S. government for tax reporting only. Faster access to funds is based on comparison of traditional banking policies for check deposits versus electronic direct deposit. The Spruce mobile banking app includes nudges to help users set personalized savings goals and keep them. from the Google Play Store and. Copyright 2022-2023 HRB Digital LLC. Some steps to deposit an online check may include: Sign into your selected banking mobile app. * - You're Protected With Courtesy Coverage. I first got this app and the card for my tax refund. Learn about how Spruce can help you keep your data and funds safe. You don't need to be a client of H&R Block to become part of Spruce. Our experts answer readers' banking questions and write unbiased product reviews (here's how we assess banking products). Theyll close the account but itll take longer than 5 business days to process the closure and send a check. She is based in Los Angeles. Spruce is a new fintech platform created by the tax preparation company H&R Block. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated. Courtesy Coverage is optional negative balance coverage on your Spruce Spending account. Now put it to work for your future. Online banks are just as safe as brick-and-mortar banks, and you may like them if you're comfortable banking digitally, Mobile banking lets you bank from anywhere, but may not offer as many services as traditional banking, Must open both Savings and Spending account, Spruce Savings account is linked to Spending account, which is the primary Spruce bank account, When you use the Spruce debit card at select retailers you'll get cash back rewards automatically deposited into your account, 55,000 free ATMs nationwide through the Allpoint ATM network, Deposits are FDIC insured through MetaBank, To receive Courtesy Coverage, you must make at least $200 in qualifying direct deposits within a 35-day period, To get a $20 bonus, open a new Spruce bank account before April 20, 2022, and make at least $200 in direct deposits during the first 45 days of opening the account. Spruce is a Mobile Banking App and includes a Debit Card with Benefits Saving goals.