If you discover an H&R Block error on your return that entitles you to a larger refund (or smaller tax liability), well refund the tax prep fee for that return and file an amended return at no additional charge. Consider reading online customer reviews or talking to customers to see if Spruce Banking might work for you. Payments you authorize from the account associated with your Refund Transfer will reduce the net proceeds of your refund sent to you. Earn cash back when you spend at select retailers. Conditions apply. Emerald Advance, When you use an ATM, in addition to the fee charged by the bank, you may be charged an additional fee by the ATM operator. 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). You can snag your $50 bonus just for receiving qualified direct deposits. Credit score is FICO Score 8 based on Experian data. If you had to think for even a moment about how to answer, you might be ready for a change. Additional training or testing may be required in CA, OR, and other states. Cash-back amounts and terms can vary by merchant location, offer period, and user, so check the app for up-to-date information. Refund Transfer is an optional tax refund-related product provided by Pathward, N.A., Member FDIC. Once the transaction settles, youll receive the difference in your Savings account. KANSAS CITY, MO. All Rights Reserved. Description of benefits and details at. 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. Enrollment in, or completion of, the H&R Block Income Tax Course or Tax Knowledge Assessment is neither an offer nor a guarantee of employment. Line balance must be paid down to zero by February 15 each year. 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. Negative balances are limited to $20 and must be repaid within 30 days. H&R Block does not provide immigration services. Spruce also doesnt charge foreign transaction fees. Sophia Acevedo is a banking reporter at Insider. 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 ?? You're saving it. Having an ITIN does not change your immigration status. Pricing varies by location. Literally. Download the app: Spruce is a mobile-friendly platform. 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 . After completing these qualifying activities, you should receive your $50 bonus within 14 business days. Valid at participating locations only. 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. This doesnt influence our evaluations or reviews. Learn how to keep it safe. Simple steps, easy tools, and help if you need it. You also have the chance to get your federal tax refund up to five days early. Never even asked for this and here I am with no insight on when Ill be able to access the money. 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. There are limits on the total amount you can transfer and how often you can request transfers. Yes. Spruce offers a spending account with a debit card, as well as a connected savings account, to anyone, whether or not they are clients of H&R Block's tax-prep service. 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. Money deposited in your account will be safe. All tax situations are different. 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. A separate agreement is required for all Tax Audit & Notice Services. When you use Spruce, its easy to set and monitor your progress toward financial goals. 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 . Data privacy and security practices may vary based on your use, region, and age. Additional qualifications may be required. Check the app for offers. We may have financial relationships with some of the companies mentioned on this website. Check the Spruce app for offer availability. OPEN AN ACCOUNT Table of Contents What Is Spruce? Spruce is the mobile banking app for you. Form your business and you could get potential tax savings. Loans are offered in amounts of $250, $500, $750, $1,250 or $3,500. Cash back earned by qualifying purchases will be deposited in the Spruce Savings Account. Its accounts come with several special perks like cash-back rewards and early direct deposit. I decided why not and filed my taxes to get my direct deposit into my new spruce account. Limit one per customer. 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. So Im a big fan of online fintech style banks and their mobile apps and wanted to try this account out and use it as a side bank. # Spruce Rewards powered 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. *Go to disclaimer for more details, Get your paycheck up to two days early with direct deposit.2Go to disclaimer for more details, Get automatic cash back rewards at select retailers.1Go to disclaimer for more details. As a Spruce member, youll pay no fees to withdraw funds from Allpoint ATMs, of which there are thousands around the United States. Spruce Banking is a new banking platform so it doesn't have a BBB rating, yet. The bottom line: Spruce is a solid mobile banking platform that doesn't charge monthly fees. She is also a Certified Educator in Personal Finance (CEPF). Accounts may be opened through the Spruce app and on the Spruce website. Read our editorial standards. No sign-up fees. They had to activate the card themselves and set the pin number so they had my pin and all my info. There's also a fee if you go inside a another bank and withdraw cash with a teller. Offer from H&R Block. Copyright 2021-2023 HRB Digital LLC. Consult your own attorney for legal advice. Two-thirds of the U.S. population struggle with one or more aspects of their finances, including spending, saving, and planning. Thank you! * Offer from H&R Block. You can file your return and receive your refund without applying for a Refund Transfer. Below are links to some of her most popular stories: Fee-only vs. commission financial advisor, Read more about how Personal Finance Insider chooses, rates, and covers financial products and services >>, Are banks open today? It does not provide for reimbursement of any taxes, penalties, or interest imposed by taxing authorities and does not include legal representation. If youre intrigued by what youve learned about Spruce so far, keep reading for more details about its core features and capabilities. Member FDIC, provides the financial know-how that many Americans urgently need. Let a professional handle your small business books. 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. Valid at participating locations only. Any investing information provided on this page is for educational purposes only. Select the account for deposit and enter the check amount. However, the Spending and Savings accounts are FDIC insured through Spruce's. H&R Block Free Online is for simple returns only. Fees for other optional products or product features may apply. Year-round access may require an Emerald Savingsaccount. Chase's website and/or mobile terms, privacy and security policies don't apply to the site or app you're about to visit. If you havent looked around in a while, Im willing to bet its an improvement on your current money management solution. 0 Get a $50 bonus when you receive qualifying direct deposits. Cash back earned by qualifying purchases will be deposited in the Spruce Savings Account. You are required to meet government requirements to receive your ITIN. Legal DisclaimersSpruce fintech platform is built by H&R Block, which is not a bank. E-file fees do not apply to NY state returns. Faster access to funds is based on comparison of traditional banking policies for check deposits versus electronic direct deposit. Additional information can be found by visiting www.metafinancialgroup.com. Interest calculated on current balance at day of deposit. Thanks for your review! It was recommended to me when I visited H&R block to do my taxes. 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 is not a bank. These funds are generally made available the day the payment instruction is received, which may be up to 2 days earlier than the payers scheduled payment date. Additional fees and restrictions may apply. Limitations apply. See www.SpruceMoney.com/fees for details. Id recommend spruce to my friends and family who want to get ahead of their finances, have early direct deposits, etc;. 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. Cash back rewards. You must opt in and meet ongoing requirements to qualify: Spruce makes it easy to set and track savings goals right in the app. Take a photo of the back of the check. Are There Any Fees? Federal pricing will vary based upon individual taxpayer circumstances and is finalized at the time of filing. I was at least able to get access to the money to pull it all off. The Spruce mobile banking app includes nudges to help users set personalized savings goals and keep. Built by H&R Block, Spruce is a mobile banking platform to help you set saving goals, earn cash back rewards at select retailers, 1 and get paychecks up to two days early. There is a $3 fee at other ATMs, plus any additional fee charged by the ATM operator. These are the most notable: No fintech app is perfect. Additional time commitments outside of class, including homework, will vary by student. 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. Spruce makes it easy to keep tabs on your credit with a free FICO credit score and details on the factors that influence it. Well you can add money to spruce but good luck getting any money out of spruce. But Spruce does offer early direct deposit for your paycheck if your payer qualifies. Editorial Note: Enrolled Agents do not provide legal representation; signed Power of Attorney required. Youll then automatically qualify for early direct deposit if your payer (employer or benefits provider) supports it. H&R Block Maine License Number: FRA2. Lenders or insurers may use a different FICO Score than FICO Score 8, or another type of credit score altogether. **Go to disclaimer for more details, Claim your $50 bonus when you receive qualifying direct deposits to your Spruce account. And if you like Spruce now, keep your eyes peeled as we roll out some exciting new features in the coming months. Direct Deposit Required: Yes Please drop us a line at solutions@sprucemoney.com so we can investigate this issue further. Spruce is a mobile banking app for people who want to be better with money. Fees apply to Emerald Card bill pay service. Spruce Accounts may not be closed or restricted at payout. Cash-back rewards are provided by Dosh. Conditions and exceptions apply see your, The Check-to-Card service is provided by Sunrise Banks, N.A. Enrollment in, or completion of, the H&R Block Income Tax Course or Tax Knowledge Assessment is neither an offer nor a guarantee of employment. 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. 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. How Do I Contact Spruce? No credit check to apply. All tax situations are different. 2023 Money Crashers, LLC. Spruce has no sign-up fees, no monthly maintenance fees, and no minimum balance requirements. This course is not open to any persons who are currently employed by or seeking employment with any professional tax preparation company or organization other than H&R Block. Cards issued pursuant to license by Mastercard. Apple and the Apple Logo are registered trademarks of Apple Inc. Google Play and the Google Play logo are trademarks of Google LLC. Additional fees apply for tax expert support. Tax Audit & Notice Services include tax advice only. Spruce is a mobile banking app to help you make the most of your tax refund, get paychecks up to two days early1Go to disclaimer for more details, and earn cash back rewards at select retailers.0Go to disclaimer for more details Get a $50 bonus when you receive qualifying direct deposits. See www.SpruceMoney.com/feesfor details. of H&R Block Maine License Number: FRA2. All Rights Reserved. Whatever youre saving for, set personalized goals, start adding money, and track your progress. US Mastercard Zero Liability does not apply to commercial accounts (except for small business card programs). Mastercard and the circles design are registered trademarks of Mastercard International Incorporated. US Mastercard Zero Liability does not apply to commercial accounts (except for small business card programs). how about NO !! Spruce has few fees. I get a call center in a foreign country.. Philippines !! and Ingo Money, Inc., subject to the Sunrise Banks and Ingo Money Service. ^ Does not change IRS refund processing speed. Terms apply to offers listed on this page. Its a convenient, flexible, and yep fun home base for your day-to-day funds and longer-term savings too. 2022 HRB Tax Group, Inc. Emergency fund? 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). I also had to call 4 different times because their were multiple charges for 1 item bought. . Copyright 2022-2023 HRB Digital LLC. Signing up for Spruce was easy, learning my way around the app was quite easy as well. Spruce is a mobile banking platform that doesn't come with any monthly fees. Minimum monthly payments apply. accountholder must receive $200 in qualifying deposits over the relevant 35-day period and opt in. You'll want to look elsewhere for earning interest on your account, though. H&R Block created Spruce to address this gap and bolster financial inclusion by helping people build healthy financial habits every day. Access your favorite topics in a personalized feed while you're on the go. 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. For more information, see the developers privacy policy. 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. I keep being told they have to send emails and I have to wait 5 business days or longer for any assistance. The H&R Block Emerald Prepaid Mastercard program provides clients quick and convenient access to their tax refund. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated. She is based in Los Angeles. Thank you! 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. 5 Credit score is FICOScore 8 based on Experian data. Lenders or insurers may use a different FICO Score than FICO Score 8, or another type of credit score altogether. To be eligible, accountholder must receive $200 in direct deposits over the relevant 35-day period, not including tax refunds. Banking services provided by The Bancorp Bank or Stride Bank, N.A., Members FDIC. Spruce Spending and Savings Accounts established at, and debit card issued by, Pathward, N.A., Member FDIC, pursuant to license by Mastercard. There are more than 10,000 retailers that offer rewards. But if youre in the market for a new way to spend and save, its definitely worth a close look. I downloaded the app and applied for account. Brian Martucci writes about credit cards, banking, insurance, travel, and more. Spruce Spending and Savings Accounts established at, and debit card issued by, Pathward, N.A., Member FDIC, pursuant to license by Mastercard. . No monthly fees, no sign-up fees, no minimum balance requirement. 4 Early access to funds depends on the timing of the payers submission of the payment. Additional terms and restrictions apply; See. # - Direct Deposit. - Round Up. When you use Spruce, it's easy to set and monitor your progress toward financial goals. FICO is a trademark of Fair Isaac Corporation. Deposit your federal tax refund into your Spruce account and you could get it up to 5 days early. *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. E-file fees do not apply to NY state returns. The best part is my tax return wasnt suppose to be direct deposited until 02/22, however it came EARLY!! It gets worse from there.. Bank products by Pathward, N.A., Member FDIC. 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. micohn. But the app and site refuse to even allow me to sign up. Available only at participating H&R Block offices. Spruce fintech platform is built by H&R Block, which is not a bank. 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. Make money when you spend money at select retailers. Get your federal tax refund up to five days early.7Go to disclaimer for more details, Score a $50 bonus when you receive qualifying direct deposits. To access Mobile Deposit, simply enroll (download the ANBTX Mobile Banking app), launch the app, and follow the step-by-step instructions: Sign the back of the check (endorse check) Access the ANBTX Mobile Deposit app. | Source: To be eligible, accountholder must receive $200 in qualifying deposits over the relevant 35-day period and opt in. I liked the setup so much I used it to get my paycheck. Your wireless carrier may charge a fee for text messaging or data usage. Spruce is a mobile banking platform built by H&R Block, with banking products provided by Pathward. 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. Create personalized saving goals and round up your purchases. Creating and launching Spruce is a huge milestone for our company as we continue to execute on our transformation and growth strategy, Block Horizons 2025., Spruce is a Mobile Banking App and includes a Debit Card with Benefits, For decades, our core tax customers have been hard-working Americans who are trying to make ends meet. 5 Stars, 3.75 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. It's a convenient, flexible, and yep fun home base for your day-to-day funds and longer-term savings too. There is a $3 fee at other ATMs, plus any additional fee charged by the ATM operator. Enter the deposit amount. 2nd red flag !! You don't need to be a client of H&R Block to become part of Spruce. NEW OFFER! Original supporting documentation for dependents must be included in the application. It is not an extension of credit; it is a courtesy exercised at our discretion. Additional fees may apply. The Spruce mobile banking app includes nudges to help users set personalized savings goals and keep them. 3 There is no fee to withdraw money at Allpoint ATMs. Limited time offer at participating locations. Were sorry for the issue you encountered with Spruce, and wed like to help. The Spruce Savings Account may be ideal if you're looking for unique savings features. Early access depends on when payment is submitted. Form your business and you could get potential tax savings. Terrible service. And, for a limited time, you'll get a $50 bonus when you receive qualifying direct deposits. Bank products by Pathward, N.A., Member FDIC. 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. 5 Stars, 4.25 You can customize goals, start saving, and begin tracking your progress. I called their toll free number to close down my account since theres NO WAY Im going to trust this company or banking app with my info, let alone my money, and SURPRISE !! DO NOT TRUST YOUR INFO, MONEY, OR PAYCHECK TO THIS COMPANY !!! See Spending Account Agreement for details. Thanks for your feedback! FRA2. (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. And, for a limited time, you'll get a $50 bonus when you receive qualifying direct deposits. Chime is a financial technology company, not a bank. Through Dosh, its rewards partner, Spruce teams with over 10,000 retail locations, including many merchants grocery stores, restaurants, hotels you may already spend with. The company blends digital innovation with human expertise and care as it helps people get the best outcome at tax time and also be better with money using its mobile banking app,Spruce. Simple steps, easy tools, and help if you need it. *Go to disclaimer for more details. Neither H&R Block nor Pathward charges a fee for Emerald Card mobile updates; however, standard text messaging and data rates may apply. Millions of Americans do not have adequate banking solutions which makes it more difficult for them to maintain financial stability. $20 bonus if you meet the requirements and open an account before April 20, 2022. 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. Most personal state programs available in January; release dates vary by state. Free credit score.5Go to disclaimer for more details, Breathe easy with courtesy overdraft protection up to $20.6Go to disclaimer for more details. Creating and launching Spruce is a huge milestone for our company as we continue to execute on our transformation and growth strategy, Block Horizons 2025., For decades, our core tax customers have been hard-working Americans who are trying to make ends meet. A separate agreement is required for all Tax Audit & Notice Services. Minimum monthly payments apply. This means their mobile app does NOT sync with your phone or know who you are !!! Learn about how Spruce can help you keep your data and funds safe. Refund Transfer is an optional tax refund-related product provided by Pathward, N.A., Member FDIC. Somehow I ended up with this Speuce account with no card and my taxes are just sitting. The student will be required to return all course materials. 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. The company blends digital innovation with human expertise and care as it helps people get the best outcome at tax time and also be better with money using its mobile banking app,Spruce. 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. Online bank vs online banking platform: Which is better for you? H&R Block Free Online is for simple returns only. This card and service is downright awful. Among the dozens of newish fintech platforms I've examined and reviewed over the past year or two, Spruce stands out for its simplicity, usefulness, and transparent fee structure. Other restrictions apply; terms and conditions apply. 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. Consult your own attorney for legal advice. Additional fees, terms and conditions apply; consult your, For a full schedule of Emerald Card fees, see your. Access your account anywhere, anytime for balance checks on-the-fly, finding ATMs in a flash, and so much more. This is a HUGE security risk and the first red flag !! See Spending Account Agreement for details. Provide basic information: Be prepared to provide your email address, name, and phone number. No minimum balance. Copyright 2023 Apple Inc. All rights reserved. Spruce is a financial technology platform built by H&R Block, which is not a bank. Thanks for your feedback! 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. Get help using Spruce online banking services. We believe in a future with equitable access to easy and affordable banking. 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. 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. Get a $50 bonus when you receive qualifying direct deposits with SpruceBecause it pays to be better with money.
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