No minimum balance. You dont have to activate your offers though. 00), using the mySpruce app, or by visiting the Spruce kiosk at one of our partner locations. There is a $3 fee at other ATMs, plus any additional fee charged by the ATM operator. 4 Early access to funds depends on the timing of the payers submission of the payment. To do this, many or all of the products featured here may be from our partners. Justuseapp.com. Neither H&R Block nor Pathward charges a fee for Emerald Card mobile updates; however, standard text messaging and data rates may apply. out Spruce isnt totally fee-free, however. 2 Other fees apply for certain uses of the Spruce debit card and accounts. Enrollment restrictions apply. 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. Limitations apply. It is not an extension of credit; it is a courtesy exercised at the banks discretion. Spruce Spruce is a mobile banking app, built by H&R Block with bank products provided by Pathward, N.A. 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. LearnMore. Interest calculated on current balance at day of deposit. Youve been warned !! We're back with some exciting additions and updates to Spruce! Well help you understand the factors that make up your credit score, show how youre doing in each area, and give you tips that could help bring up your score.5Go to disclaimer for more details, Get up to $20 in overdraft coverage when you enroll in direct deposit and activate Courtesy Coverage.6Go to disclaimer for more details. Fees for other optional products or product features may apply. Fees apply to Emerald Card bill pay service. 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. State restrictions may apply. Consult your own attorney for legal advice. Again, Spruce generally makes funds available when it receives payment instructions, which can come up to 2 days ahead of your scheduled payday. Simple steps, easy tools, and help if you need it. HRB Maine License No. What Are Qualified Expenses For A 529 Plan (And What Doesnt Count)? 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. Millions of Americans do not have adequate banking solutions which makes it more difficult for them to maintain financial stability. 4 Early access to funds depends on the timing of the payers submission of the payment. *Go to disclaimer for more details. Theres no sign-up fee, monthly maintenance fee, or transaction fee at any of the thousands of ATMs in the Allpoint network. Spruce Banking is a new banking platform so it doesn't have a BBB rating, yet. I was a little nervous because its a new platform but I wanted to find a faster way to get my tax refund. HRB Tax Group, Inc. Spruce automatically categorizes your transactions and lets you choose which areas to keep a closer eye on with the Watchlist. . They tell me they can see the account and all my info matches but I have no access to my money. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated. Copyright2022-2023 HRB Digital LLC. HOW WHEN I NEVER GOT IT!!! 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. 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. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated. At the moment, Spruce doesnt offer early deposit for state tax refunds. Interest will be compounded and credited quarterly. State e-file available for $19.95. All Rights Reserved. Safety starts with understanding how developers collect and share your data. 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. January 20, 2022 08:00 ET Cards issued pursuant to license by Mastercard. You won't have to deal with monthly service fees, minimum opening deposits, or overdraft fees. A Power of Attorney may be required for some Tax Audit & Notice Services. Spruce is a new fintech platform created by the tax preparation company H&R Block. ~ Courtesy Coverage only available for purchase transactions, ATM withdrawals, and over-the-counter withdrawals using your debit card. Terrible service. Never even asked for this and here I am with no insight on when Ill be able to access the money. Spruce fintech platform is built by H&R Block, which is not a bank. Umm. Brian Martucci writes about credit cards, banking, insurance, travel, and more. II. 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. Payments you authorize from the account associated with your Refund Transfer will reduce the net proceeds of your refund sent to you. Additional terms and restrictions apply; See. A Power of Attorney may be required for some Tax Audit & Notice Services. An ITIN is an identification number issued by the U.S. government for tax reporting only. State e-File for business returns only available in CA, CT, MI, NY, VA, WI. FRA2. 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. . . A 0% interest loan of up to $3,500 received within minutes of filing, if approved. No one can help me or give me information. Spruce is a Mobile Banking App and includes a Debit Card with Benefits Saving goals. Void where prohibited. It is not an extension of credit; it is a courtesy exercised at our discretion. All deposit accounts through Pathward are FDIC insured. The one disadvantage to this account is you won't earn any interest. Reach him on Twitter, Open eligible new Spruce accounts between 1/1/23 and 6/30/23, Receive $200 in qualifying direct deposits within 45 days of opening, Qualifying direct deposits are ACH credits, including direct deposits but excluding tax refunds, Nonqualifying deposits include internal transfers, external account transfers into Spruce, cash transfers, and mobile check deposits (including paycheck deposits), Receive $200 in cumulative qualifying direct deposits in your Spending account from an employer, payroll, or government benefits provider during a 35-day period, After opting in, you must continue to receive $200 or more in cumulative qualifying direct deposits every month, You must pay back any Courtesy Coverage overdraft within 30 days, Name the goal (the better to track it in the app), Upload a photo to make your goal easier to remember, Set up optional automatic transfers so you dont have to manually transfer funds from your Spending account to your Savings account, Track your progress in the app, which shows the amount left to save. (member FDIC). Message and data rates may apply. This is a separate service from Spruce Spending and Savings accounts provided by MetaBank, N.A., Member FDIC. 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. Get access to thousands of fee-free ATMs near you to withdraw money on the go.4Go to disclaimer for more details. There is a $3 fee at other ATMs, plus any additional fee charged by the ATM operator. Free credit score.5Go to disclaimer for more details, Breathe easy with courtesy overdraft protection up to $20.6Go to disclaimer for more details. 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. micohn. Spruce is a Mobile Banking App and includes a Debit Card with Benefits Saving goals. https://www.hrblock.com/universal/digital-online-mobile-privacy-principles.html. In some cases, we receive a commission from our partners; however, our opinions are our own. Spruce is a mobile banking app for people who want to be better with money. So whatever the problem is, it's on y'all's end. 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. H&R Block Maine License Number: FRA2. 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. Which is great because one of the benefits is direct deposits up 2 days early and I got it even sooner than that! Spruces optional Round Up feature can help you reach your savings goals even faster. See, Important Terms, Conditions and Limitations apply. Editorial Note: Any opinions, analyses, reviews or recommendations expressed in this article are those of the authors alone, and have not been reviewed, approved or otherwise endorsed by any card issuer. 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. 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. Here's a list of US bank holidays for 2023, These banks and credit unions allow you to exchange foreign currency at a branch, over the phone, or online, Four reasons why your debit card might be denied even when you have money. Thank you! Discover money tips & financial resources. Legal DisclaimersSpruce fintech platform is built by H&R Block, which is not a bank. Bank products by Pathward, N.A., Member FDIC. More information is available at sprucemoney.com. 2023 Bankrate, LLC. Once youve chosen one, you can then: Repeat as needed until all your goals are accounted for, and add new goals as they arise. Additional fees apply for tax expert support. 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. 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. 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. Spruce is a Mobile Banking App and includes a Debit Card with Benefits. Limitations apply. And, for a limited time, you'll get a $50 bonus when you receive qualifying direct deposits. Deposit your federal tax refund into your Spruce account and you could get it up to 5 days early. It allows you to overdraw your Spending account up to $20 at Spruces sole discretion for debit card purchase transactions, over-the-counter cash withdrawals, and ATM withdrawals. Should you need such advice, consult a licensed financial or tax advisor. Is this a joke ?? Spruce Spending and Savings Accounts established at, and debit card issued by, Pathward, N.A., Member FDIC, pursuant to license by Mastercard. No sign-up fees. The H&R Block Emerald Prepaid Mastercard program provides clients quick and convenient access to their tax refund. You can set up individual financial goals through the account and evaluate them through charts that track your progress. Void where prohibited. 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. Were sorry to hear about the poor customer service experience you had and wed like to help! Your wireless carrier may charge a fee for text messaging or data usage. They had to activate the card themselves and set the pin number so they had my pin and all my info. 3 There is no fee to withdraw money at Allpoint ATMs. I log in, email, password, and then a screen says nice let's set up your account. - Get your Federal Refund Early! NEW OFFER! Spruce is a financial technology platform built by H&R Block, which is not a bank. Refund claims must be made during the calendar year in which the return was prepared. $50 will be deposited within 14 business days after completing all requirements. Spruce Spending and Savings Accounts established at, and debit card issued by, Pathward, N.A., Member FDIC, pursuant to license by Mastercard. 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. CTEC# 1040-QE-2662 2022 HRB Tax Group, Inc. Federal pricing will vary based upon individual taxpayer circumstances and is finalized at the time of filing. It is a discretionary courtesy, not an extension of credit. . FRA2. The Spruce mobile banking app includes nudges to help users set personalized savings goals and keep them. Enter the deposit amount. Tax Audit & Notice Services include tax advice only. Fees may reduce earnings. Neither H&R Block nor Pathward charges a fee for Emerald Card mobile updates; however, standard text messaging and data rates may apply. White Collar criminals. If you had to think for even a moment about how to answer, you might be ready for a change. See your. You're saving it. You don't need to be a client of H&R Block to become part of Spruce. After completing these qualifying activities, you should receive your $50 bonus within 14 business days. 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. CAA service not available at all locations. 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. Though H&R Block isn't a bank, Spruce has an array of mobile banking capabilities supported by Pathward, N.A. Supporting Identification Documents must be original or copies certified by the issuing agency. No luck, it's pulling the exact same thing. 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. 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. ~ - Personalized Saving Goals. Read more about Spruce mobile banking app.Spruce fintech platform is built by H&R Block, which is not a bank. Limited time offer at participating locations. Thanks for your review! Thanks for your feedback! and Ingo Money, Inc., subject to the Sunrise Banks and Ingo Money Service. 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. Get your paycheck up to 2 days early with direct deposit. By clicking Sign up, you agree to receive marketing emails from Insider 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 . Early access depends on when payment is submitted. Amended tax returns not included in flat fees. 0 Explore Spruce Emerald Savings Deposits that do not qualify are mobile check deposits, internal transfers, transfers within Spruce from external accounts, or cash transfers. Copyright 2023 Apple Inc. All rights reserved. H&R Block is banking on a new service called Spruce to offer its tax clients banking options at tax time. To be eligible, accountholder must receive $200 in direct deposits over the relevant 35-day period, not including tax refunds. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Are you a journalist or member of the media with a question or request? Valid at participating locations only. Courtesy Coverage is only available for purchase transactions, ATM withdrawals, and over-the-counter withdrawals using your Spruce debit card. 2 Other fees apply for certain uses of the Spruce debit card and accounts. About MetaBankMetaBank, N.A., a national bank, is a subsidiary of Meta Financial Group, Inc. (Nasdaq: CASH), a South Dakota-based financial holding company. 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 . Whoever is working the IT side of things for this digital product is a grade-A grifter extracting value from the economy without contributing anything to it. Faster access to funds is based on comparison of traditional banking policies for check deposits versus electronic direct deposit. And if you like Spruce now, keep your eyes peeled as we roll out some exciting new features in the coming months. It does not provide for reimbursement of any taxes, penalties, or interest imposed by taxing authorities and does not include legal representation. Deposits that do not qualify are mobile check deposits, internal transfers, transfers . Additional time commitments outside of class, including homework, will vary by student. 2022 HRB Tax Group, Inc. H&R Block Emerald Prepaid Mastercard is issued by Pathward, N.A., Member FDIC, pursuant to license by Mastercard. Payroll services and support to keep you compliant. Bank deposit accounts, such as checking and . File yourself or with a small business certified tax professional. Online bank vs online banking platform: Which is better for you? 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. 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. Emerald Card Retail Reload Providers may charge a convenience fee. Theyll close the account but itll take longer than 5 business days to process the closure and send a check. Negative balances are limited to $20 and must be repaid within 30 days. | Source: 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. State e-File for business returns only available in CA, CT, MI, NY, VA, WI. CAA service not available at all locations. Justuseapp Safety Score for Spruce Is 29.7/100. Your wireless carrier may charge a fee for text messaging or data usage. 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. 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. More information is available at sprucemoney.com. Bank products and services are offered by Pathward, N.A. Lenders or insurers may use a different FICO Score than FICO Score 8, or another type of credit score altogether. Spruce fintech platform is built by H&R Block, which is not a bank. 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. If you're more concerned with earning interest, it'll be a toss-up between Chime or One. Emerald Card Retail Reload Providers may charge a convenience fee. 2022 HRB Tax Group, Inc. Create personalized saving goals and round up your purchases. Conditions apply. (member FDIC). Additional qualifications may be required. Offers vary by user, merchant location and offer period. To be eligible, accountholder must receive $200 in qualifying deposits over the relevant 35-day period and opt in. No credit check to apply. 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. 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. Additional information can be found by visiting www.metafinancialgroup.com. Afterwards, their mobile app makes you put in your phone number and/or email address EVERY TIME you sign in to the app !!! . Additional fees apply for tax expert support. Saving goals. *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. A passport that doesnt have a date of entry wont be accepted as a stand-alone identification document for dependents. A separate agreement is required for all Tax Audit & Notice Services. 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. 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 have called 3 times and had 3 different cards issued to me and have yet to receive 1. 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. Great news! State restrictions may apply. At an office, at home, or both, well do the work. Supporting Identification Documents must be original or copies certified by the issuing agency. 5 Stars, 4.25 Cash back offers and amounts may vary by user, merchant location and offer period. Additional time commitments outside of class, including homework, will vary by student. Negative balances are limited to $20 and must be repaid within 30 days. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated. When you use Spruce, its easy to set and monitor your progress toward financial goals. Available only at participating H&R Block offices. All three banking platforms require no minimum opening, deposit, or monthly fees. There are limits on the total amount you can transfer and how often you can request transfers. Please check with your employer or benefits provider as they may not offer direct deposit or partial direct deposit. See Spruce Rewards powered by Dosh Terms for details. There are more than 10,000 retailers that offer rewards. 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. BIG MISTAKE !!! Pay yourself when you spend and round up to the nearest dollar. FICOis a trademark of Fair Isaac Corporation. A mobile banking app for people who want to make the most of their refund. You can download the app for iOS and Android. Spruce, a mobile banking platform built by H&R Block, provides comprehensive capabilities supported by its banking partner, Pathward, N.A. 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. - Round Up. Spruce Mobile Banking $20 Direct Deposit Bonus Earn a $20 bonus when you open a Spruce Spending and Savings Account with qualifying activity. I first got this app and the card for my tax refund. No monthly fees, no sign-up fees, no minimum balance requirement. Update: HRBlock called me finally and kinda fixed the situation but not entirely. 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. 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. Money deposited in your account will be safe. E-file fees do not apply to NY state returns. Additional qualifications may be required. Please check with your employer or benefits provider as they may not offer direct deposit or partial direct deposit. Two-thirds of the U.S. population struggle with one or more aspects of their finances, including spending, saving, and planning. See how Spruce makes security a top priority. Spruce users can access more than 55,000 ATMs nationwide without fees. 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. . 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. 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. (member FDIC). 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. All deposit accounts through Pathward are FDIC insured. H&R Block, Bankrates 2023 winner for Best Overall Online Tax Filing Software. We appreciate it and you for being a part of the Spruce community. Tax Audit & Notice Services include tax advice only. I recently signed up for the spruce account because I file my taxes with H&R Block every single year. Personal state programs are $39.95 each (state e-file available for $19.95). Audit services only available at participating offices. For more mobile banking options, you can try MoneyLion, Creative Juice, Juno, Upgrade, Douugh, Dave, and Flyp, which all offer similar sign . Sophia joined Insider in July 2021 and is an alumna of California State University Fullerton where she studied journalism and minored in political science.