Limit one per customer. 0 Get a $50 bonus when you receive qualifying direct deposits. Theyll close the account but itll take longer than 5 business days to process the closure and send a check. Cards issued pursuant to license by Mastercard. To be eligible, you must receive $200 in qualifying deposits over the relevant 35-day time period and opt in. Valid at participating locations only. Please drop us a line at solutions@sprucemoney.com so we can take a closer look at the issue and respond to you directly. 2022 HRB Tax Group, Inc. H&R Block Emerald Prepaid Mastercard is issued by Pathward, N.A., Member FDIC, pursuant to license by Mastercard. Additional information can be found by visiting www.metafinancialgroup.com. Please check with your employer or benefits provider as they may not offer direct deposit or partial direct deposit. - Get your Federal Refund Early! E-file fees do not apply to NY state returns. See, H&R Block Emerald Advance line of credit, H&R Block Emerald Savings and H&R Block Emerald Prepaid Mastercard are offered by Pathward, N.A., Member FDIC. By authorizing H&R Block to e-file your tax return, or by taking the completed return to file, you are accepting the return and are obligated to pay all fees when due. A separate agreement is required for all Tax Audit & Notice Services. Literally. Once youve chosen one, you can then: Repeat as needed until all your goals are accounted for, and add new goals as they arise. At this time, the banking platform doesn't allow you to only open a Spruce Savings or Spruce checking account by itself. H&R Block Free Online is for simple returns only. Signing up for Spruce was easy, learning my way around the app was quite easy as well. Once your account is created, you'll be logged-in to this account. The College Investor does not offer investment advisor or brokerage services, nor does it recommend buying or selling particular stocks, securities, or other investments. See your. More information is available at sprucemoney.com. Additional information can be found by visiting www.metafinancialgroup.com. Claim is based on making federal refunds available when payment instruction is received, which may be earlier than scheduled payment date. Simple steps, easy tools, and help if you need it. Let a professional handle your small business books. H&R Block is banking on a new service called Spruce to offer its tax clients banking options at tax time. . From the My Life page, budget your way and customize your Watchlist by adding categories important to you. See Spending Account Agreement for details. If approved, funds will be loaded on a prepaid card and the loan amount will be deducted from your tax refund, reducing the amount paid directly to you. There are more than 10,000 retailers that offer rewards. Lets take a closer look at a few of the features and capabilities that set Spruce apart: Spruce is built and backed by H&R Block. Fees apply. Discover money tips & financial resources. https://www.hrblock.com/universal/digital-online-mobile-privacy-principles.html. But if youre in the market for a new way to spend and save, its definitely worth a close look. Supporting Identification Documents must be original or copies certified by the issuing agency. KANSAS CITY, MO. Audit services only available at participating offices. This includes the more than 21 million households that already turn to H&R Block for their most significant financial event of the year, their tax return. GET PAID UP TO TWO DAYS EARLY Enroll in direct deposit to access your paycheck sooner. FREE CREDIT SCORE Understand what makes up your credit score, how different . OBTP#B13696. No sign-up fees. Other restrictions apply; terms and conditions apply. 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 . I recently signed up for the spruce account because I file my taxes with H&R Block every single year. Earn cash back when you spend at select retailers. Spruce fintech platform is built by H&R Block, which is not a bank. Per Spruces fee schedule, you may incur fees for certain actions: Spruce has a lot of benefits, from its total lack of sign-up and maintenance fees to early tax refund and early payday for qualifying users and payers. CTEC# 1040-QE-2662 2022 HRB Tax Group, Inc. # Spruce Rewards powered by Dosh. If you discover an error in the H&R Block tax preparation software that entitles you to a larger refund (or smaller liability), we will refund the software fees you paid to prepare that return and you may use our software to amend your return at no additional charge. All deposit accounts through Pathward are FDIC insured. A mobile banking app for people who want to make the most of their refund. Valid at participating locations only. 2 Get a $50 bonus when you receive qualifying direct deposits. . Please note: While the offers mentioned above are accurate at the time of publication, they're subject to change at any time and may have changed, or may no longer be available. and Ingo Money, Inc., subject to the Sunrise Banks and Ingo Money Service. Is this a joke ?? What Is A 529 Plan and Where to Open One in Your State, How Much Should You Have In A 529 Plan By Age, How To Use A 529 Plan For Private Elementary And High School. If your employer issues paper paychecks, you receive checks for rebates . Thanks for your feedback! 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. Message and data rates may apply. BBB ratings won't necessarily guarantee your relationship with a bank will be perfect, though. Spruce isnt perfect; no fintech app is. She covers bank reviews, banking guides, and banking and savings articles for Personal Finance Insider. All deposit accounts through Pathward are FDIC insured. You could receive a $50 bonus and get paid two days early. To qualify for the H&R Block Maximum Refund Guarantee, the refund claim must be made during the calendar year in which the return was prepared and the larger refund or smaller tax liability must not be due to incomplete, inaccurate, or inconsistent information supplied by you, positions taken by you, your choice not to claim a deduction or credit, conflicting tax laws, or changes in tax laws after January 1, 2022. Spruce demonstrates how H&R Block continues to expand into key adjacencies, such as fintech, and is one more way in which the company is helping customers achieve year-round financial confidence. Negative balances are limited to $20 and must be repaid within 30 days. A mobile banking app for people who want to make the most of their refund. FRA2. Justuseapp.com. Spruce does have a couple downsides worth noting: Spruce is one of the most exciting mobile banking apps Ive come across recently. 2023 Bankrate, LLC. Spruce is a mobile banking app for people who want to be better with money. Loans are offered in amounts of $250, $500, $750, $1,250 or $3,500. State restrictions may apply. Consult an attorney for legal advice. I would run from these people. Fees apply to Emerald Card bill pay service. The perks include automatic cash back and early direct deposit. All Rights Reserved. A Red Ventures company. The Spruce mobile banking app includes nudges to help users set personalized savings goals and keep. Spruce has no monthly fees, no sign-up fees, no overdraf. It is not an extension of credit; it is a courtesy exercised at the banks discretion. Get location hours, directions, customer service numbers and available banking services. Emerald Card Retail Reload Providers may charge a convenience fee. Spruce is a new fintech platform created by the tax preparation company H&R Block . . Additional terms and restrictions apply; See. White Collar criminals. An ITIN is an identification number issued by the U.S. government for tax reporting only. Penalty for early withdrawal. Terrible service. Negative balances are limited to $20 and must be repaid within 30 days. About MetaBankMetaBank, N.A., a national bank, is a subsidiary of Meta Financial Group, Inc. (Nasdaq: CASH), a South Dakota-based financial holding company. Refund claims must be made during the calendar year in which the return was prepared. With the Spruce mobile banking app on your phone, you have control of your finances on-the-go, and the tools you need to be good with money. The addition of the Spruce offering provides customers with a new mobile banking solution with additional ways to access and manage their money year-round. This is a HUGE security risk and the first red flag !! Enrolled Agents do not provide legal representation; signed Power of Attorney required. Deposits that do not qualify are mobile check deposits, internal transfers, transfers . Accounts may be opened through the Spruce app and on the Spruce website. 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. SpruceSM Spending and Savings Accounts are established at, and the Spruce debit card is issued by, MetaBank, N.A., Member FDIC, pursuant to license by Mastercard International Incorporated. Spruces optional Round Up feature can help you reach your savings goals even faster. To qualify for the H&R Block Maximum Refund Guarantee, the refund claim must be made during the calendar year in which the return was prepared and the larger refund or smaller tax liability must not be due to incomplete, inaccurate, or inconsistent information supplied by you, positions taken by you, your choice not to claim a deduction or credit, conflicting tax laws, or changes in tax laws after January 1, 2022. Every time I try I get a message that reads "Something went wrong, it's not you, it's us" the website/help center refers you to a phoneline, but the phoneline refers you back to the website. File yourself or with a small business certified tax professional. 3 There is no fee to withdraw money at Allpoint ATMs. Some steps to deposit an online check may include: Sign into your selected banking mobile app. Message and data rates may apply. Any investing information provided on this page is for educational purposes only. Free credit score.5Go to disclaimer for more details, Breathe easy with courtesy overdraft protection up to $20.6Go to disclaimer for more details. Form your business and you could get potential tax savings. Umm. If you havent looked around in a while, Im willing to bet its an improvement on your current money management solution. If you have a high account balance, you also may want to consider other options. They tell me they can see the account and all my info matches but I have no access to my money. Comparison based on regular price for standard paid DIY products on turbotax.com as of 3/1/2023. Copyright 2021-2023 HRB Digital LLC. Most state programs available in January; software release dates vary by state. Thanks for your feedback! A Power of Attorney may be required for some Tax Audit & Notice Services. Millions of Americans do not have adequate banking solutions which makes it more difficult for them to maintain financial stability. Cash back will be deposited in your Savings Account. DE, HI and VT do not support part-year/nonresident individual forms. Once the transaction settles, youll receive the difference in your Savings account. Well you can add money to spruce but good luck getting any money out of spruce. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated. Additional fees may apply. Banking services provided by The Bancorp Bank or Stride Bank, N.A., Members FDIC. 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 fintech platform is built by H&R Block, which is not a bank. For tax years beginning after 2017, applicants claimed as dependents must also prove U.S. residency unless the applicant is a dependent of U.S. military personnel stationed overseas. We compared Spruce Banking to two other online banking platforms: Chime and One. All Rights Reserved. Data privacy and security practices may vary based on your use, region, and age. 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. Qualifying direct deposits are ACH credits, including direct deposits (but not tax refunds). 2022 HRB Tax Group, Inc. as well as other partner offers and accept our, Savings feature that allows you to set individual financial goals, Get cash back rewards through Dosh when you shop at one of 10,000+ select retailers, $20 bonus if you meet the requirements by April 20, 2022, Courtesy Coverage that covers a negative balance of up to $20 if you meet the requirements, $4.95 fee for bank teller cash withdrawals. Provide basic information: Be prepared to provide your email address, name, and phone number. 1 Spruce Rewards are powered by Dosh. Line balance must be paid down to zero by February 15 each year. Which is great because one of the benefits is direct deposits up 2 days early and I got it even sooner than that! One pays the highest interest rate of all three platforms, but the amount you'll earn will vary depending on your account balance. To address these needs, H&R Block (NYSE: HRB) announces the launch of the Spruce mobile banking platform to help everyone be good with money. If you discover an error in the H&R Block tax preparation software that entitles you to a larger refund (or smaller liability), we will refund the software fees you paid to prepare that return and you may use our software to amend your return at no additional charge. 5 Stars. Cash back offers and amounts may vary by user, merchant location and offer period. Spruce demonstrates how H&R Block continues to expand into key adjacencies, such as fintech, and is one more way in which the company is helping customers achieve year-round financial confidence. Additional training or testing may be required in CA, OR, and other states. Member FDIC, provides the financial know-how that many Americans urgently need. *Go to disclaimer for more details, Built by H&R Block, Spruce is a mobile banking platform to help you set saving goals, earn cash back rewards at select retailers,1Go to disclaimer for more details and get paychecks up to two days early.2Go to disclaimer for more details Get a $50 bonus when you receive qualifying direct deposits. See Spruce Rewards powered by Dosh Terms for details. I was a little nervous because its a new platform but I wanted to find a faster way to get my tax refund. Courtesy of Spruce and for a limited time only, you can earn a $50 bonus when you open a new Spruce account and receive qualifying direct deposits during the offer period. . 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. Additional qualifications may be required. Minimum monthly payments apply. Tax returns may be e-filed without applying for this loan. See how Spruce makes security a top priority. State e-file available for $19.95. Most personal state programs available in January; release dates vary by state. Pay yourself when you spend and round up to the nearest dollar. Id recommend spruce to my friends and family who want to get ahead of their finances, have early direct deposits, etc;. 00), using the mySpruce app, or by visiting the Spruce kiosk at one of our partner locations. Dont do itI never asked HRBlock to give me this card, I never wanted it, I provided them my actual routing and account number. out Seriously ?? It is a discretionary courtesy, not an extension of credit. The developer provided this information and may update it over time. Transfer funds: If you have a funding account, be ready to provide that information. Void where prohibited. Comparison based on regular price for standard paid DIY products on turbotax.com as of 3/1/2023. Deposit your federal tax refund into your Spruce account and you could get it up to 5 days early.7Go to disclaimer for more details. But Spruce does offer early direct deposit for your paycheck if your payer qualifies. Payments you authorize from the account associated with your Refund Transfer will reduce the net proceeds of your refund sent to you. You may prefer Spruce to the other banking platforms if you'd like to get cash back on some purchases. 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. When you turn on the Round Up feature in your account, Spruce rounds up the value of every purchase and ATM transaction to the next dollar. FRA2. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated. ^ Does not change IRS refund processing speed. Safety starts with understanding how developers collect and share your data. E-file fees do not apply to NY state returns. Once registered, you will be able to add money to your card through direct deposit, linking your Spruce card to your bank account (for a fee of $3. *Go to disclaimer for more details. All tax situations are different. Conditions and exceptions apply see your, The Check-to-Card service is provided by Sunrise Banks, N.A. Terms and conditions apply; see. Interest calculated on current balance at day of deposit. H&R Block Maine License Number: FRA2. The addition of the Spruce offering provides customers with a new mobile banking solution with additional ways to access and manage their money year-round. Spruce Spruce is a mobile banking app, built by H&R Block with bank products provided by Pathward, N.A. Refund Transfer is a bank deposit product, not a loan. You dont have to activate your offers though. Pricing varies by location. It is not an extension of credit; it is a courtesy exercised at our discretion. The H&R Block Emerald Prepaid Mastercard program provides clients quick and convenient access to their tax refund. (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. Take a photo of the back of the check. Do your checking and savings account help you manage your money as efficiently as youd like? Opinions expressed here are the author's alone, not those of the bank, credit card issuer, airline, or hotel chain, and have not been reviewed, approved, or otherwise endorsed by any of these entities. ; it is not your tax refund. Theyre ridiculous and customer service is awful. The Spruce mobile banking app includes nudges to help users set personalized savings goals and keep them. And the lady I spoke with, didnt even have the ability to close down my account ?!?! We believe in a future with equitable access to easy and affordable banking. I downloaded the app and applied for account. Original supporting documentation for dependents must be included in the application. You can file your return and receive your refund without applying for a Refund Transfer. Millions of Americans do not have adequate banking solutions which makes it more difficult for them to maintain financial stability. 6 Courtesy Coverage is only available for purchase transactions, ATM withdrawals, and over-the-counter withdrawals using the Spruce debit card. You can file your return and receive your refund without applying for a Refund Transfer. Thank you! Spruce is a Mobile Banking App and includes a Debit Card with Benefits. I was at least able to get access to the money to pull it all off. Like most other check-cashing services, there is a free option if you can wait 10 days for your deposit with the option for instant deposit with a modest fee. Many or all of the offers on this site are from companies from which Insider receives compensation (for a full list, 3.75 out of (member FDIC). Refund Transfer is a bank deposit product, not a loan. Depends on timing of the IRS's payment file. Additional fees, terms and conditions apply; consult your, For a full schedule of Emerald Card fees, see your. A qualifying expected tax refund and e-filing are required. This is a separate service from your Spruce bank accounts, provided by Pathward, N.A. Offer from H&R Block. Negative balances are limited to $20 and must be repaid within 30 days. * Offer from H&R Block. Spruce has no sign-up fees, no monthly maintenance fees, and thousands of fee-free ATMs4Go to disclaimer for more details all around the country. You'll want to look elsewhere for earning interest on your account, though. TurboTax is a registered trademark of Intuit, Inc. 2023 NerdWallet, Inc. All Rights Reserved. ~ - Personalized Saving Goals. H&R Block is a registered trademark of HRB Innovations, Inc. TurboTaxand Quickenare registered trademarks of Intuit, Inc. TaxActis a registered trademark of TaxAct, Inc. Windowsis a registered trademark of Microsoft Corporation. To do this, many or all of the products featured here may be from our partners. Cash-back rewards are provided by Dosh. 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.