Valid at participating locations only. 1 Spruce Rewards are powered by Dosh. 5 Credit score is FICOScore 8 based on Experian data. 2022 HRB Tax Group, Inc. Earn rewards automatically.1Go to disclaimer for more details When you use Spruce, youll get access to rewards when you shop select retailers you know and love. ; it is not your tax refund. There are limits on the total amount you can transfer and how often you can request transfers. 3 There is no fee to withdraw money at Allpoint ATMs. They tell me they can see the account and all my info matches but I have no access to my money. Rince and repeat. But the app and site refuse to even allow me to sign up. I liked the setup so much I used it to get my paycheck. # Spruce Rewards powered by Dosh. Cash back offers and amounts may vary by user, merchant location and offer period. Lenders or insurers may use a different FICO Score than FICO Score 8, or another type of credit score altogether. 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. Requires opt in and $200 in qualifying deposits over prior 35-day period. This is a separate service from your Spruce bank accounts, provided by Pathward, N.A. Spruce has some other key benefits. Spruce is a mobile banking platform built and backed by H&R Block. So whatever the problem is, it's on y'all's end. 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. Spruce also doesnt charge foreign transaction fees. 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 make an eligible purchase, youll receive the reward in your Spruce Savings account with no further action required. This is an optional tax refund-related loan from Pathward, N.A. 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. Negative balances are limited to $20 and must be repaid within 30 days. Accounts may be opened through the Spruce app and on the Spruce website. Additional terms and restrictions apply; See. Spruce fintech platform is built by H&R Block, which is not a bank. BBB ratings won't necessarily guarantee your relationship with a bank will be perfect, though. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated. Bank products by Pathward, N.A., Member FDIC. 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. Void where prohibited. A mobile banking app for people who want to make the most of their refund. 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. New car? FRA2. H&R Block, Bankrates 2023 winner for Best Overall Online Tax Filing Software. A qualifying expected tax refund and e-filing are required. Spruce Banking is a new banking platform so it doesn't have a BBB rating, yet. No credit check to apply. References to products, offers, and rates from third party sites often change. Youre welcome to contact our media team about your story. transactions, or (2) that is capable of conducting Mobile Banking transactions by using other protocols we may choose to permit (e.g., Wireless Application Protocol (WAP) or text (SMS) messaging). While we do our best to keep these updated, numbers stated on this site may differ from actual numbers. Create personalized saving goals and round up your purchases. Consult an attorney for legal advice. * - You're Protected With Courtesy Coverage. When you deposit money into your checking or savings account, the money will show as 'pending' until the funds are verified and added to your available balance. Saving goals. You won't have to deal with monthly service fees, minimum opening deposits, or overdraft fees. At the moment, Spruce doesnt offer early deposit for state tax refunds. To do this, many or all of the products featured here may be from our partners. Deposits that do not qualify are mobile check deposits, internal transfers, transfers . Emerald Card Retail Reload Providers may charge a convenience fee. Spruce, a mobile banking platform built by H&R Block, provides comprehensive capabilities supported by its banking partner, Pathward, N.A. Qualifying direct deposits are ACH credits, including direct deposits (but not tax refunds). Learn how to keep it safe. Spruce is a Mobile Banking App and includes a Debit Card with Benefits Saving goals. 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. When you login first time using a Social Login button, we collect your account public profile information shared by Social Login provider, based on your privacy settings. 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. When he's not investigating time- and money-saving strategies for Money Crashers readers, you can find him exploring his favorite trails or sampling a new cuisine. There is a $3 fee at other ATMs, plus any additional fee charged by the ATM operator. Void where prohibited. H&R Block created Spruce to address this gap and bolster financial inclusion by helping people build healthy financial habits every day. Discover money tips & financial resources. Its accounts come with several special perks like cash-back rewards and early direct deposit. Additional qualifications may be required. Spruce fintech platform is built by H&R Block, which is not a bank. Courtesy Coverage is only available for purchase transactions, ATM withdrawals, and over-the-counter withdrawals using your Spruce debit card. Negative balances are limited to $20 and must be repaid within 30 days. 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. The Spruce mobile banking app includes nudges to help users set personalized savings goals and keep them. If you had to think for even a moment about how to answer, you might be ready for a change. Negative balances are limited to . The student will be required to return all course materials. Having an ITIN does not change your immigration status. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated. Credit score is FICO Score 8 based on Experian data. Approval and loan amount based on expected refund amount, eligibility criteria, and underwriting. The H&R Block Emerald Prepaid Mastercard program provides clients quick and convenient access to their tax refund. To be eligible, accountholder must receive $200 in direct deposits over the relevant 35-day period, not including tax refunds. 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. H&R Block Free Online, NerdWallets 2023 winner for Best Online Tax Software for Simple Returns. Receive your federal tax refund up to 5 days early, ** get paychecks up to two days early, 1 and earn automatic cash back rewards at select retailers. Pricing varies by location. 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. FRA2. Find a Chase branch and ATM in Wylie, Texas. Simple steps, easy tools, and help if you need it. Neither H&R Block nor Pathward charges a fee for Emerald Card mobile updates; however, standard text messaging and data rates may apply. 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. * Get started See bonus details Spruce fintech platform is built by H&R Block, which is not a bank. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Are you a journalist or member of the media with a question or request? Spruce is a mobile banking app for people who want to be better with money. HRB Maine License No. These are the most notable: No fintech app is perfect. 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. The Spruce solution includes a spending account with a debit card, along with a connected savings account that allows for budgeting for specific goals. See. . Once youre in the mobile app, if you try clicking on security notifications to choose how youd like your security set up, it doesnt do anything ? All deposit accounts through Pathward are FDIC insured. No monthly fees, no sign-up fees, no minimum balance requirement. Download the app: Spruce is a mobile-friendly platform. Thank you! Offer from H&R Block. ~ - Personalized Saving Goals. Took 1 week to get my money back. 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. Bank deposit accounts, such as checking and . Spruce is a Mobile Banking App and includes a Debit Card with Benefits . You are responsible for tax treatment of funds. All tax situations are different. Enrolled Agents do not provide legal representation; signed Power of Attorney required. To be eligible, accountholder must receive $200 in qualifying deposits over the relevant 35-day period and opt in. Spruce has no sign-up fees, no monthly maintenance fees, and no minimum balance requirements. https://www.hrblock.com/universal/digital-online-mobile-privacy-principles.html. (member FDIC). Spruce Accounts may not be closed or restricted at payout. The content on Money Crashers is for informational and educational purposes only and should not be construed as professional financial advice. Federal pricing will vary based upon individual taxpayer circumstances and is finalized at the time of filing. H&R Block is not a bank. BIG MISTAKE !!! Terms and conditions apply; see. - Round Up. I decided why not and filed my taxes to get my direct deposit into my new spruce account. Cash back earned by qualifying purchases will be deposited in the Spruce Savings Account. To be eligible, accountholder must receive $200 in direct deposits over the relevant 35-day period, not including tax refunds. Copyright2022-2023 HRB Digital LLC. State e-file not available in NH. They had to activate the card themselves and set the pin number so they had my pin and all my info. 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. What you'll get: $20 Bonus Eligible account: Spruce Spending and Savings Account Availability: Nationwide Credit Inquiry: Hard Pull or Soft Pull? See Spruce Rewards powered by Dosh Terms for details. It is not an extension of credit; it is a courtesy exercised at our discretion. Spruce does have a couple downsides worth noting: Spruce is one of the most exciting mobile banking apps Ive come across recently. Tax Audit & Notice Services include tax advice only. HRB Tax Group, Inc. Since accounts are also insured by MetaBank, we're also including the bank's BBB rating for some additional perspective. Online bank vs online banking platform: Which is better for you? 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. See Spending Account Agreement for details. Minimum monthly payments apply. and Ingo Money, Inc., subject to the Sunrise Banks and Ingo Money Service. Customer service is available over-the-phone or online from 5 a.m. to midnight CT. We usually include ratings from the Better Business Bureau to help indicate how a business deal with customer issues and handles transparency. Two-thirds of the U.S. population struggle with one or more aspects of their finances, including spending, saving, and planning. Refund Transfer is a bank deposit product, not a loan. No credit check to apply. Tap "Front" and take a photo of the front of the check. A 0% interest loan of up to $3,500 received within minutes of filing, if approved. 2022 HRB Tax Group, Inc. And if you like Spruce now, keep your eyes peeled as we roll out some exciting new features in the coming months. Never even asked for this and here I am with no insight on when Ill be able to access the money. Deposits that do not qualify are mobile check deposits, internal transfers, transfers within Spruce from external accounts, or cash transfers. They say it works with PayPal, cashapp, venmo etc..and it doesn't. Consult your own attorney for legal advice. All Rights Reserved. Youve been warned !! Faster access to funds is based on comparison of traditional banking policies for check deposits versus electronic direct deposit. * Offer from H&R Block. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated. Personal state programs are $39.95 each (state e-file available for $19.95). Check the Spruce app for offer availability. DO NOT Sell My Personal Information. State e-file available for $19.95. May be modified or discontinued at any time. E-file fees do not apply to NY state returns. E-file fees do not apply to NY state returns. Thanks for your review! About MetaBankMetaBank, N.A., a national bank, is a subsidiary of Meta Financial Group, Inc. (Nasdaq: CASH), a South Dakota-based financial holding company. We strive to write accurate and genuine reviews and articles, and all views and opinions expressed are solely those of the authors. See www.SpruceMoney.com/feesfor details. 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. 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. . Yes. Which is great because one of the benefits is direct deposits up 2 days early and I got it even sooner than that! You can file your return and receive your refund without applying for a Refund . 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. Cards issued pursuant to license by Mastercard. From paying for school to buying a car, Spruce also has options to set up automatic transfers towards savings. Banking services provided by The Bancorp Bank or Stride Bank, N.A., Members FDIC. Select the account for deposit and enter the check amount. Transfer funds: If you have a funding account, be ready to provide that information. You could receive a $50 bonus and get paid two days early. Sophia Acevedo is a banking reporter at Insider. Thank you! Conditions and exceptions apply see your, The Check-to-Card service is provided by Sunrise Banks, N.A. By clicking Sign up, you agree to receive marketing emails from Insider Audit services constitute tax advice only. And the lady I spoke with, didnt even have the ability to close down my account ?!?! Penalty for early withdrawal. Limitations apply. Spruce Mobile Banking $20 Direct Deposit Bonus Earn a $20 bonus when you open a Spruce Spending and Savings Account with qualifying activity. 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. With Spruce, you'll open checking and savings accounts. If you are looking for a simple solution for your mobile banking needs that will help you get better with your money, try the Spruce Spending and Savings Accounts to get a $20 bonus with a direct deposit. Online Loan Companies To Borrow From Home, Spruce Review: Fee-Free Mobile Banking With Cash Back. You have it. Please drop us a line at solutions@sprucemoney.com so we can investigate this issue further. Refund claims must be made during the calendar year in which the return was prepared. Your wireless carrier may charge a fee for text messaging or data usage. Refund Transfer is an optional tax refund-related product provided by Pathward, N.A., Member FDIC. MetaBank works to increase financial availability, choice, and opportunity for all. Were sorry for the issue you encountered with Spruce, and wed like to help. Valid at participating locations only. A 0% interest loan of up to $3,500 received within minutes of filing, if approved. It does nothing !! An ITIN is an identification number issued by the U.S. government for tax reporting only. Transferring funds from another bank account to your Emerald Card may not be available to all cardholders and other terms and conditions apply. You can also see up financial goals through their different savings features. Payroll services and support to keep you compliant. Amended tax returns not included in flat fees. 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. We compared Spruce Banking to two other online banking platforms: Chime and One. Now put it to work for your future. You dont have to activate your offers though. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated. Endorse your check, then tap "Next". Get location hours, directions, customer service numbers and available banking services. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated. 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. Loans are offered in amounts of $250, $500, $750, $1,250 or $3,500. Take a photo of the back of the check. (member FDIC). State e-file available for $19.95. Bill pay, mobile deposit, and multiple transfer options to help you send money quickly and conveniently Personalized support through our Branch network, Live Chat assistants, ITM services and Customer Contact Center Explore your options to see the different features and benefits that come with each account: Evergreen Checking Northwest Checking Apple and the Apple Logo are registered trademarks of Apple Inc. Google Play and the Google Play logo are trademarks of Google LLC. 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. Check the app for offers. Most state programs available in January; software release dates vary by state. Cash back rewards. All tax situations are different. # - Direct Deposit. HRB Tax Group, Inc. KANSAS CITY, Mo., Jan. 20, 2022 (GLOBE NEWSWIRE) -- Living paycheck to paycheck is one of the biggest sources of economic stress for Americans todayand these anxieties impact mental and physical health. MetaBank, N.A., a national bank, is a subsidiary of Meta Financial Group, Inc. (Nasdaq: CASH), a South Dakota-based financial holding company. 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.