Additional fees apply for tax expert support. At The College Investor, we want to help you navigate your finances. Our opinions are our own. H&R Block does not provide immigration services. No problems whatsoever.til today. We compared Spruce Banking to two other online banking platforms: Chime and One. - Get your Federal Refund Early! You can snag your $50 bonus just for receiving qualified direct deposits. Negative balances are limited to . # Spruce Rewards powered by Dosh. Thanks for your feedback! Access your account anywhere, anytime for balance checks on-the-fly, finding ATMs in a flash, and so much more. Fees for other optional products or product features may apply. Spruce users can access more than 55,000 ATMs nationwide without fees. BIG MISTAKE !!! Additional information can be found by visiting www.metafinancialgroup.com. Message and data rates may apply. Get help using Spruce online banking services. Spruce has few fees. Any investing information provided on this page is for educational purposes only. All Rights Reserved. Brian Martucci writes about credit cards, banking, insurance, travel, and more. A mobile banking app for people who want to make the most of their refund. 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. Consult your own attorney for legal advice. I keep being told they have to send emails and I have to wait 5 business days or longer for any assistance. H&R Block, Bankrates 2023 winner for Best Overall Online Tax Filing Software. 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 . About MetaBankMetaBank, N.A., a national bank, is a subsidiary of Meta Financial Group, Inc. (Nasdaq: CASH), a South Dakota-based financial holding company. A mobile banking app for people who want to make the most of their refund. 2 Other fees apply for certain uses of the Spruce debit card and accounts. 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. HRB Maine License No. Year-round access may require an Emerald Savingsaccount. The H&R Block Emerald Prepaid Mastercard program provides clients quick and convenient access to their tax refund. 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. You dont have to activate your offers though. Any Retail Reload Fee is an independent fee assessed by the individual retailer only and is not assessed by H&R Block or Pathward. More information is available at sprucemoney.com. State e-file not available in NH. May be changed or discontinued at any time. White Collar criminals. No minimum balance. Read our editorial standards. 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. H&R Block Maine License Number: FRA2. We may have financial relationships with some of the companies mentioned on this website. I was at least able to get access to the money to pull it all off. Chime pays a good rate on its savings account, but it has access to fewer fee-free ATMs than Spruce or One. 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). No credit check to apply. They had to activate the card themselves and set the pin number so they had my pin and all my info. References to products, offers, and rates from third party sites often change. These are the most notable: No fintech app is perfect. * Get started See bonus details Spruce fintech platform is built by H&R Block, which is not a bank. 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 !! Spruce has no monthly fees, no sign-up fees, no overdraf. Do your checking and savings account help you manage your money as efficiently as youd like? Spruce is a mobile banking platform that doesnt come with any monthly fees. All Rights Reserved. Spruce Mobile Banking $20 Direct Deposit Bonus Earn a $20 bonus when you open a Spruce Spending and Savings Account with qualifying activity. 6 Courtesy Coverage is only available for purchase transactions, ATM withdrawals, and over-the-counter withdrawals using the Spruce debit card. Negative balances are limited to $20 and must be repaid within 30 days. Here's how Spruce. Spruce fintech platform is built by H&R Block, which is not a bank. ~ - Personalized Saving Goals. Bank products by Pathward, N.A., Member FDIC. 0 Explore Spruce Emerald Savings Payments you authorize from the account associated with your Refund Transfer will reduce the net proceeds of your refund sent to you. If that name rings a bell, its because H&R Block is one of the biggest players in tax preparation, with thousands of locations around the country and robust online tax prep software to match. *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. Having an ITIN does not change your immigration status. If you use your debit card at select retailers, you'll get cash-back rewards deposited into your account. Spruce fintech platform is built by H&R Block, which is not a bank. From the My Life page, budget your way and customize your Watchlist by adding categories important to you. ; it is not your tax refund. File yourself or with a small business certified tax professional. Most state programs available in January; software release dates vary by state. 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. Limitations apply. Some steps to deposit an online check may include: Sign into your selected banking mobile app. 5 Credit score is FICOScore 8 based on Experian data. This means their mobile app does NOT sync with your phone or know who you are !!! Spruce is a Mobile Banking App and includes a Debit Card with Benefits. Data privacy and security practices may vary based on your use, region, and age. Additional qualifications may be required. Have funds and absolutely NO access to them. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated. Receive your federal refund up to 5 days early with Spruce. During the Income Tax Course, should H&R Block learn of any students employment or intended employment with a competing professional tax preparation company, H&R Block reserves the right to immediately cancel the students enrollment. 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. 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. Thanks for your review! This doesnt influence our evaluations or reviews. The College Investor does not offer investment advisor or brokerage services, nor does it recommend buying or selling particular stocks, securities, or other investments. If you havent gotten a card from them, they want the card info before sending you another card! While we do our best to keep these updated, numbers stated on this site may differ from actual numbers. Two-thirds of the U.S. population struggle with one or more aspects of their finances, including spending, saving, and planning. 2022 HRB Tax Group, Inc. H&R Block Emerald Prepaid Mastercard is issued by Pathward, N.A., Member FDIC, pursuant to license by Mastercard. Supporting Identification Documents must be original or copies certified by the issuing agency. 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. All tax situations are different. *Go to disclaimer for more details. For more information, visitH&R Block Newsor follow@HRBlockNewson Twitter. Neither H&R Block nor Pathward charges a fee for Emerald Card mobile updates; however, standard text messaging and data rates may apply. Additional time commitments outside of class, including homework, will vary by student. No credit check to apply. You must opt in and meet ongoing requirements to qualify: Spruce makes it easy to set and track savings goals right in the app. It gets worse from there.. 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. Copyright 2022-2023 HRB Digital LLC. Refund claims must be made during the calendar year in which the return was prepared. The Spruce solution includes a spending account with a debit card, along with a connected savings account that allows for budgeting for specific goals. Offer valid only for 6-Month TSB CD Special. of No luck, it's pulling the exact same thing. Penalty for early withdrawal. Spruce makes it easy to keep tabs on your credit with a free FICO credit score and details on the factors that influence it. All deposit accounts through Pathward are FDIC insured. We connect to your payroll provider, and you choose how much you'd like to deposit into Spruce each time you get paid.The next feature is the Watchlist, a quick and easy way to track your month-to-date spending by category. Spruce Banking is a new banking platform so it doesn't have a BBB rating, yet. 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. Refresh your finances with Spruce, a mobile banking app built by H&R Block. 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. So whatever the problem is, it's on y'all's end. Somehow I ended up with this Speuce account with no card and my taxes are just sitting. Earn cash back when you spend at select retailers. 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. Sophia joined Insider in July 2021 and is an alumna of California State University Fullerton where she studied journalism and minored in political science. Umm. Copyright 2021-2023 HRB Digital LLC. 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. Apple and the Apple Logo are registered trademarks of Apple Inc. Google Play and the Google Play logo are trademarks of Google LLC. See Spending Account Agreement for details. Message and data rates may apply. To begin, you will need to register your Spruce account online. We strive to write accurate and genuine reviews and articles, and all views and opinions expressed are solely those of the authors. Spruce is a financial technology platform built by H&R Block, which is not a bank. 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. 2023 Bankrate, LLC. Took 1 week to get my money back. But Spruce does offer early direct deposit for your paycheck if your payer qualifies. Description of benefits and details at. 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. Fees apply. You can download the app for iOS and Android. And, for a limited time, you'll get a $50 bonus when you receive qualifying direct deposits. $50 will be deposited within 14 business days after completing all requirements. Spruce fintech platform is built by H&R Block, which is not a bank. Bank products and services are offered by Pathward, N.A. 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. Saving goals. What Does It Offer? Additional training or testing may be required in CA, OR, and other states. All tax situations are different. Void where prohibited. Chime is a financial technology company, not a bank. Deposit your federal tax refund into your Spruce account and you could get it up to 5 days early. Additional terms and restrictions apply; See. Pricing varies by location. See Spruce Rewards powered by Dosh Terms for details. Credit score is FICO Score 8 based on Experian data. Courtesy Coverage is only available for purchase transactions, ATM withdrawals, and over-the-counter withdrawals using your Spruce debit card. Requires $200 in direct deposits over prior 35-day period, not including tax refunds. 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? You'll want to look elsewhere for earning interest on your account, though. Your wireless carrier may charge a fee for text messaging or data usage. 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. 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. Were sorry for the issue you encountered with Spruce, and wed like to help. All deposit accounts through Pathward are FDIC insured. 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. Fees apply to Emerald Card bill pay service. 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. You can use these tools to build (or rebuild) your credit on your own terms. 4 Early access to funds depends on the timing of the payers submission of the payment. Spruce - Mobile banking is quiet safe to use but use with caution. OPEN AN ACCOUNT Table of Contents What Is Spruce? Personal state programs are $39.95 each (state e-file available for $19.95). By clicking Sign up, you agree to receive marketing emails from Insider You are required to meet government requirements to receive your ITIN. You have to wait 5 days for someone to reach out to you but I told them Id contact my attorney for holding funds hostage and they called right away. Member FDIC. Amended tax returns not included in flat fees. Among other things, we may receive free products, services, and/or monetary compensation in exchange for featured placement of sponsored products or services. | Source:
2022 HRB Tax Group, Inc. 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.. - Round Up. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated. The Spruce Spending Account is a solid free account. Editorial Note: Deposits that do not qualify are mobile check deposits, internal transfers, transfers . (member FDIC). A Power of Attorney may be required for some Tax Audit & Notice Services.