Stay on top of your score, get score insights, and better understand your credit score. At this time, the banking platform doesn't allow you to only open a Spruce Savings or Spruce checking account by itself. * No monthly fees. We have you on our list and we promise to only send you the good stuff. No minimum balance. A Power of Attorney may be required for some Tax Audit & Notice Services. If you're more concerned with earning interest, it'll be a toss-up between Chime or One. Apple and the Apple Logo are registered trademarks of Apple Inc. Google Play and the Google Play logo are trademarks of Google LLC. 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. 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. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated. I downloaded the app and applied for account. 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. Enrolled Agents do not provide legal representation; signed Power of Attorney required. Tax Audit & Notice Services include tax advice only. Depends on timing of the IRS's payment file. Most personal state programs available in January; release dates vary by state. You're saving it. I liked the setup so much I used it to get my paycheck. How Do I Contact Spruce? Spruce isnt totally fee-free, however. H&R Block created Spruce to address this gap and bolster financial inclusion by helping people build healthy financial habits every day. The Spruce mobile banking app includes nudges to help users set personalized savings goals and keep. Limited time offer at participating locations. Negative balances are . Special cannot be part of TSB CD laddering package. Create personalized saving goals and round up your purchases. The H&R Block Emerald Prepaid Mastercard program provides clients quick and convenient access to their tax refund. You are required to meet government requirements to receive your ITIN. Description of benefits and details at. 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. Spruce fintech platform is built by H&R Block, which is not a bank. Again, Spruce generally makes funds available when it receives payment instructions, which can come up to 2 days ahead of your scheduled payday. You are responsible for tax treatment of funds. All deposit accounts through Pathward are FDIC insured. Spruce has no sign-up fees, no monthly maintenance fees, and no minimum balance requirements. Comparison based on regular price for standard paid DIY products on turbotax.com as of 3/1/2023. Additional fees and restrictions may apply. 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. 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. 5 Credit score is FICOScore 8 based on Experian data. New car? Negative balances are limited to $20 and must be repaid within 30 days. 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. We're back with some exciting additions and updates to Spruce! No sign-up fees. There are more than 10,000 retailers that offer rewards. They had to activate the card themselves and set the pin number so they had my pin and all my info. 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. 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. Bank products by Pathward, N.A., Member FDIC. H&R Block is not a bank. Claim is based on making federal refunds available when payment instruction is received, which may be earlier than scheduled payment date. Deposit your federal tax refund into your Spruce account and you could get it up to 5 days early. Additional time commitments outside of class, including homework, will vary by student. To be eligible, accountholder must receive $200 in direct deposits over the relevant 35-day period, not including tax refunds. Update: HRBlock called me finally and kinda fixed the situation but not entirely. 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. 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. 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. This is a HUGE security risk and the first red flag !! See Spruce Rewards powered by Dosh Terms for details. Message and data rates may apply. Dont do itI never asked HRBlock to give me this card, I never wanted it, I provided them my actual routing and account number. Bank products by Pathward, N.A., Member FDIC. More information is available at sprucemoney.com. Spruce is a mobile banking app for people who want to be better with money. Consult your own attorney for legal advice. A 0% interest loan of up to $3,500 received within minutes of filing, if approved. Youre welcome to contact our media team about your story. Our opinions are our own. Spruce is a Mobile Banking App and includes a Debit Card with Benefits. All Rights Reserved. LearnMore. 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. Seriously ?? FRA2. The Spruce solution includes a spending account with a debit card, along with a connected savings account that allows for budgeting for specific goals. 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. There are limits on the total amount you can transfer and how often you can request transfers. H&R Block does not provide immigration services. 2 Get a $50 bonus when you receive qualifying direct deposits. 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. Enrollment restrictions apply. Meanwhile, its super-simple savings goals and automatic Round Up features make it easy to save for the future. This is an optional tax refund-related loan from Pathward, N.A. File yourself or with a small business certified tax professional. See, Important Terms, Conditions and Limitations apply. More information is available at sprucemoney.com. Refund Transfer is a bank deposit product, not a loan. Access your favorite topics in a personalized feed while you're on the go. The Spruce Spending Account is a solid free account. Payroll services and support to keep you compliant. This doesnt influence our evaluations or reviews. Spruce has some other key benefits. Spruce makes it easy to keep tabs on your credit with a free FICO credit score and details on the factors that influence it. I have called 3 times and had 3 different cards issued to me and have yet to receive 1. Requires $200 in direct deposits over prior 35-day period, not including tax refunds. Pathward does not charge a fee for this service; please see your bank for details on its fees. MetaBank works to increase financial availability, choice, and opportunity for all. Thank you! 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. What Are Qualified Expenses For A 529 Plan (And What Doesnt Count)? The Spruce mobile banking app can be downloaded in app stores. FICOis a trademark of Fair Isaac Corporation. Most state programs available in January; software release dates vary by state. Additional fees and restrictions may apply. Bank products and services are offered by Pathward, N.A. See how Spruce makes security a top priority. 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. Most state programs available in January; software release dates vary by state. . CTEC# 1040-QE-2662 2022 HRB Tax Group, Inc. Let us know. 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 There's also a fee if you go inside a another bank and withdraw cash with a teller. Refund Transfer is an optional tax refund-related product provided by Pathward, N.A., Member FDIC. By clicking Sign up, you agree to receive marketing emails from Insider 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. 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. Qualifying direct deposits are ACH credits, including direct deposits (but not tax refunds). ThroughBlock AdvisorsandWave, the company helps small-business owners thrive with innovative products like Wave Money, a small-business banking and bookkeeping solution, and the only business bank account to manage bookkeeping automatically. You could receive a $50 bonus and get paid two days early. US Mastercard Zero Liability does not apply to commercial accounts (except for small business card programs). Mobile check deposit can make adding money to your bank account quick and easy, without having to pay a visit to a branch. To find out if you may be eligible for a HELOC, . 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. This means their mobile app does NOT sync with your phone or know who you are !!! 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. 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. It does nothing !! Negative balances are limited to $20 and must be repaid within 30 days. January 20, 2022 08:00 ET Spruce, a mobile banking platform built by H&R Block, provides comprehensive capabilities supported by its banking partner, Pathward, N.A. 4 Early access to funds depends on the timing of the payers submission of the payment. Fees apply. About H&R BlockH&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. 2023 Money Crashers, LLC. A 0% interest loan of up to $3,500 received within minutes of filing, if approved. Get a $50 bonus when you receive qualifying direct deposits with SpruceBecause it pays to be better with money. Cards issued pursuant to license by Mastercard. Negative balances are limited to $20 and must be repaid within 30 days. The Spruce mobile banking app includes nudges to help users set personalized savings goals and keep them. I recently signed up for the spruce account because I file my taxes with H&R Block every single year. H&R Block Free Online, NerdWallets 2023 winner for Best Online Tax Software for Simple Returns. Lenders or insurers may use a different FICO Score than FICO Score 8, or another type of credit score altogether. I get a call center in a foreign country.. Philippines !! Available only at participating H&R Block offices. 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. Enrollment restrictions apply. Youve been warned !! 2022 HRB Tax Group, Inc. Refund Transfer is a bank deposit product, not a loan. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated. KANSAS CITY, MO. File yourself or with a small business certified tax professional. . Find a Chase branch and ATM in Wylie, Texas. The developer, HRB Tax Group, Inc., indicated that the apps privacy practices may include handling of data as described below. Terrible service. It's a convenient, flexible, and yep fun home base for your day-to-day funds and longer-term savings too. Additional information can be found by visiting www.metafinancialgroup.com. Millions of Americans do not have adequate banking solutions which makes it more difficult for them to maintain financial stability. Consult an attorney for legal advice. No monthly fees, no sign-up fees, no minimum balance requirement. All Rights Reserved. Spruce is a mobile banking platform built and backed by H&R Block. $20 bonus if you meet the requirements and open an account before April 20, 2022. 2nd red flag !! H&R Block Free Online, NerdWallets 2023 winner for Best Online Tax Software for Simple Returns. As the pandemic continues, and related economic uncertainty has highlighted the value of simple, easy-to-use spending and savings tools, Spruce, built by H&R Block with banking products powered by MetaBank, N.A. # Spruce Rewards powered by Dosh. A mobile banking app for people who want to make the most of their refund. Transferring funds from another bank account to your Emerald Card may not be available to all cardholders and other terms and conditions apply. Spruce Spending and Savings Accounts established at, and debit card issued by, Pathward, N.A., Member FDIC, pursuant to license by Mastercard. Which is great because one of the benefits is direct deposits up 2 days early and I got it even sooner than that! Simple steps, easy tools, and help if you need it. Its accounts come with several special perks like cash-back rewards and early direct deposit. CTEC# 1040-QE-2662 2022 HRB Tax Group, Inc. From the My Life page, budget your way and customize your Watchlist by adding categories important to you. You must opt in and meet ongoing requirements to qualify: Spruce makes it easy to set and track savings goals right in the app. If you use your debit card at select retailers, you'll get cash-back rewards deposited into your account. Our customers already trust us with their most personal financial details when we help them file their taxes, and we created the Spruce solution to help address their unmet banking needs, too.. Additional fees, terms and conditions apply; consult your, For a full schedule of Emerald Card fees, see your. DE, HI and VT do not support part-year/nonresident individual forms. There are limits on the total amount you can transfer and how often you can request transfers. Fees apply to Emerald Card bill pay service. Fees apply. A passport that doesnt have a date of entry wont be accepted as a stand-alone identification document for dependents. Yes. Fees for other optional products or product features may apply. 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. Thank you! Well you can add money to spruce but good luck getting any money out of spruce. H&R Block Maine License Number: FRA2. Make money when you spend money at select retailers. Please check with your employer or benefits provider as they may not offer direct deposit or partial direct deposit. Emergency fund? I keep being told they have to send emails and I have to wait 5 business days or longer for any assistance. Tax returns may be e-filed without applying for this loan. TurboTax is a registered trademark of Intuit, Inc. 2023 NerdWallet, Inc. All Rights Reserved. To be eligible, you must receive $200 in qualifying deposits over the relevant 35-day time period and opt in. 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.