Spruce Spending and Savings Accounts established at, and debit card issued by, Pathward, N.A., Member FDIC, pursuant to license by Mastercard. E-file fees do not apply to NY state returns. Early access depends on when payment is submitted. See www.SpruceMoney.com/fees for details. Youll then automatically qualify for early direct deposit if your payer (employer or benefits provider) supports it. Offer valid only for 6-Month TSB CD Special. Among other things, we may receive free products, services, and/or monetary compensation in exchange for featured placement of sponsored products or services. 2 Other fees apply for certain uses of the Spruce debit card and accounts. 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. Your wireless carrier may charge a fee for text messaging or data usage. Personal state programs are $39.95 each (state e-file available for $19.95). Umm. With Spruce, you'll open checking and savings accounts. 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. When you use your Spruce debit card to make online or in-person purchases with select merchants, you can earn cash-back rewards. State e-File for business returns only available in CA, CT, MI, NY, VA, WI. Thanks for your feedback! If you havent looked around in a while, Im willing to bet its an improvement on your current money management solution. See. Spruce Mobile Banking $20 Direct Deposit Bonus Earn a $20 bonus when you open a Spruce Spending and Savings Account with qualifying activity. See, H&R Block Emerald Advance line of credit, H&R Block Emerald Savings and H&R Block Emerald Prepaid Mastercard are offered by Pathward, N.A., Member FDIC. 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. File yourself or with a small business certified tax professional. Year-round access may require an Emerald Savingsaccount. Please check with your employer or benefits provider as they may not offer direct deposit or partial direct deposit. 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. accountholder must receive $200 in qualifying deposits over the relevant 35-day period and opt in. Member FDIC. Additional time commitments outside of class, including homework, will vary by student. 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. Spruce users can access more than 55,000 ATMs nationwide without fees. Transfer funds: If you have a funding account, be ready to provide that information. 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. Get the latest tips you need to manage your money delivered to you biweekly. Member FDIC, provides the financial know-how that many Americans urgently need. Two-thirds of the U.S. population struggle with one or more aspects of their finances, including spending, saving, and planning. The Spruce mobile banking app includes nudges to help users set personalized savings goals and keep. Offers vary by user, merchant location and offer period. Refund claims must be made during the calendar year in which the return was prepared. Banking services provided by The Bancorp Bank or Stride Bank, N.A., Members FDIC. Its your credit make sure youre in charge. A Power of Attorney may be required for some Tax Audit & Notice Services. Fees apply to Emerald Card bill pay service. Enrollment restrictions apply. Additional fees and restrictions may apply. It does not provide for reimbursement of any taxes, penalties, or interest imposed by taxing authorities and does not include legal representation. Other restrictions apply; terms and conditions apply. You can sign up online or through mobile. Approval and loan amount based on expected refund amount, eligibility criteria, and underwriting. All tax situations are different. Form your business and you could get potential tax savings. To be eligible, accountholder must receive $200 in qualifying deposits over the relevant 35-day period and opt in. out Minimum monthly payments apply. Seriously ?? 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. Apple and the Apple Logo are registered trademarks of Apple Inc. Google Play and the Google Play logo are trademarks of Google LLC. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated. Additional qualifications may be required. Cash back will be deposited in your Savings Account. Online bank vs online banking platform: Which is better for you? Bank products by Pathward, N.A., Member FDIC. 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 . Spruce, a mobile banking platform built by H&R Block, provides comprehensive capabilities supported by its banking partner, Pathward, N.A. BBB ratings won't necessarily guarantee your relationship with a bank will be perfect, though. 2022 HRB Tax Group, Inc. H&R Block Emerald Prepaid Mastercard is issued by Pathward, N.A., Member FDIC, pursuant to license by Mastercard. Audit services constitute tax advice only. 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. Cash back offers and amounts may vary by user, merchant location and offer period. Get the latest on H&R Block news directly to your inbox. I would run from these people. Void where prohibited. The student will be required to return all course materials. 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. DE, HI and VT do not support part-year/nonresident individual forms. 5 Stars, 4.25 out of 3 There is no fee to withdraw money at Allpoint ATMs. Brian Martucci writes about credit cards, banking, insurance, travel, and more. We also get your email address to automatically create an account for you in our website. Emerald Card Retail Reload Providers may charge a convenience fee. See Spruce Rewards powered by Dosh Terms for details. A qualifying expected tax refund and e-filing are required. No monthly fees, no sign-up fees, no minimum balance requirement. 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. Get access to thousands of fee-free ATMs near you to withdraw money on the go.4Go to disclaimer for more details. 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. 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. Description of benefits and details at. 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. Cash-back rewards are provided by Dosh. 5 Credit score is FICOScore 8 based on Experian data. Spruce has no monthly fees, no sign-up fees, no overdraf. . Requires opt in and $200 in qualifying deposits over prior 35-day period. Lenders or insurers may use a different FICO Score than FICO Score 8, or another type of credit score altogether. But Spruce does offer early direct deposit for your paycheck if your payer qualifies. Cards issued pursuant to license by Mastercard. TurboTax is a registered trademark of Intuit, Inc. 2023 NerdWallet, Inc. All Rights Reserved. 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. All Rights Reserved. Once youve chosen one, you can then: Repeat as needed until all your goals are accounted for, and add new goals as they arise. Spruce is a new fintech platform created by the tax preparation company H&R Block. By clicking Sign up, you agree to receive marketing emails from Insider H&R Block does not provide immigration services. $50 will be deposited within 14 business days after completing all requirements. You'll want to look elsewhere for earning interest on your account, though. (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. 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. Terms and conditions apply; see. We believe in a future with equitable access to easy and affordable banking. 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. Enroll in direct deposit to get your paycheck earlier2Go to disclaimer for more details than you normally would. Direct Deposit Required: Yes Your wireless carrier may charge a fee for text messaging or data usage. May be changed or discontinued at any time. 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. 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). Spruce Spending and Savings Accounts established at, and debit card issued by, Pathward, N.A., Member FDIC, pursuant to license by Mastercard. 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. Not a 1 star for the app as much as the card and company itself. KANSAS CITY, MO. Spruce is a mobile banking app for people who want to be better with money. Get your paycheck up to 2 days early with direct deposit. Neither H&R Block nor Pathward charges a fee for Emerald Card mobile updates; however, standard text messaging and data rates may apply. Legal DisclaimersSpruce 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. FRA2. Fees for other optional products or product features may apply. She is based in Los Angeles. It is a discretionary courtesy, not an extension of credit. Chime is a financial technology company, not a bank. Conditions and exceptions apply see your, The Check-to-Card service is provided by Sunrise Banks, N.A. Interest will be compounded and credited quarterly. There is a $3 fee at other ATMs, plus any additional fee charged by the ATM operator. This is an optional tax refund-related loan from Pathward, N.A. Youre welcome to contact our media team about your story. See www.SpruceMoney.com/feesfor details. of Additional fees and restrictions may apply. Theres no sign-up fee, monthly maintenance fee, or transaction fee at any of the thousands of ATMs in the Allpoint network. Payroll services and support to keep you compliant. To be eligible, accountholder must receive $200 in direct deposits over the relevant 35-day period, not including tax refunds. Courtesy Coverage is optional negative balance coverage on your Spruce Spending account. Penalty for early withdrawal. Saving goals. No minimum balance. The Spruce solution includes a spending account with a debit card, along with a connected savings account that allows for budgeting for specific goals. Choosing between these three platforms will likely hinge on what you prioritize in your banking experience. Chime pays a good rate on its savings account, but it has access to fewer fee-free ATMs than Spruce or One. *Go to disclaimer for more details. 5 Stars, 3.75 MetaBank works to increase financial availability, choice, and opportunity for all. To be eligible, accountholder must receive $200 in direct deposits over the relevant 35-day period, not including tax refunds. Let a professional handle your small business books. - Get your Federal Refund Early! Conditions apply. 2 Other fees apply for certain uses of the Spruce debit card and accounts. 00), using the mySpruce app, or by visiting the Spruce kiosk at one of our partner locations. Fees apply to Emerald Card bill pay service. Refund Transfer is an optional tax refund-related product provided by Pathward, N.A., Member FDIC. - Get your Federal Refund Early! Copyright 2023 Apple Inc. All rights reserved. how about NO !! DO NOT Sell My Personal Information. Read more about Spruce mobile banking app.Spruce fintech platform is built by H&R Block, which is not a bank. Qualifying direct deposits are ACH credits, including direct deposits (but not tax refunds). Cash back rewards. The student will be required to return all course materials. 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. With this platform, built by H&R Block, you can access your account anywhere, anytime for balance checks on-the-fly, finding ATMs in a flash, and so much more. 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. With no sign-up fees or maintenance fees, no minimum balance requirements, and a generous cash-back program, its fantastic for day-to-day money management. File yourself or with a small business certified tax professional. Tax returns may be e-filed without applying for this loan. I have called 3 times and had 3 different cards issued to me and have yet to receive 1. State e-file not available in NH. Here's how Spruce. References to products, offers, and rates from third party sites often change. Its accounts come with several special perks like cash-back rewards and early direct deposit. Approval and loan amount based on expected refund amount, eligibility criteria, and underwriting. US Mastercard Zero Liability does not apply to commercial accounts (except for small business card programs). E-file fees do not apply to NY state returns. 6 Courtesy Coverage is only available for purchase transactions, ATM withdrawals, and over-the-counter withdrawals using the Spruce debit card. It is not an extension of credit; it is a courtesy exercised at the banks discretion. Copyright 2021-2023 HRB Digital LLC. Claim is based on making federal refunds available when payment instruction is received, which may be earlier than scheduled payment date. 1 Spruce Rewards are powered by Dosh. Let a professional handle your small business books. 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. See Spending Account Agreement for details. You can snag your $50 bonus just for receiving qualified direct deposits. Bank products by Pathward, 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. I was a little nervous because its a new platform but I wanted to find a faster way to get my tax refund. Read our editorial standards. DE, HI and VT do not support part-year/nonresident individual forms. . Some steps to deposit an online check may include: Sign into your selected banking mobile app. Rince and repeat. A mobile banking app for people who want to make the most of their refund. I was at least able to get access to the money to pull it all off. Your goals can be anything you want them to be, from big ones like a down payment on a car or 6-month emergency fund to smaller ones like a new nonstick pan or work outfit. Take a photo of both the front and back of the check (make sure to . H&R Block created Spruce to address this gap and bolster financial inclusion by helping people build healthy financial habits every day. HRB Maine License No. 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). Additional fees may apply. Lenders or insurers may use a different FICO Score than FICO Score 8, or another type of credit score altogether. 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 ? ; it is not your tax refund. 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. OBTP#B13696. This doesnt influence our evaluations or reviews. I log in, email, password, and then a screen says nice let's set up your account. Update: HRBlock called me finally and kinda fixed the situation but not entirely. Spruce is a mobile banking platform built by H&R Block, with banking products provided by Pathward. The perks include automatic cash back and early direct deposit. Bank products by Pathward, N.A., Member FDIC. Supporting Identification Documents must be original or copies certified by the issuing agency. 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. The developer, HRB Tax Group, Inc., indicated that the apps privacy practices may include handling of data as described below. See your. 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. The Spruce mobile banking app can be downloaded in app stores. So if you usually get your paycheck on Friday, you could receive the funds in your Spruce account as early as Wednesday. Cash back earned by qualifying purchases will be deposited in the Spruce Savings Account. No credit check to apply. Additional fees, terms and conditions apply; consult your, For a full schedule of Emerald Card fees, see your. Most state programs available in January; software release dates vary by state. If you use your debit card at select retailers, you'll get cash-back rewards deposited into your account. February 03, 2022, 4:31 p.m. EST 6 Min Read. You dont have to take our word for it (or H&R Blocks). The Spruce mobile banking app includes nudges to help users set personalized savings goals and keep them. No sign-up fees. Limited time offer at participating locations. Spruce also doesnt charge foreign transaction fees. Federal pricing will vary based upon individual taxpayer circumstances and is finalized at the time of filing. Payroll services and support to keep you compliant. All deposit accounts through Pathward are FDIC insured. Were sorry for the issue you encountered with Spruce, and wed like to help. 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. State e-file available for $19.95. You have it. OPEN AN ACCOUNT Table of Contents What Is Spruce? 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. Create personalized saving goals and round up your purchases. Per Spruces fee schedule, you may incur fees for certain actions: Spruce has a lot of benefits, from its total lack of sign-up and maintenance fees to early tax refund and early payday for qualifying users and payers. II. Negative balances are limited to $20 and must be repaid within 30 days. An ITIN is an identification number issued by the U.S. government for tax reporting only. Spruce is a mobile banking app for people who want to be better with money. These are the most notable: No fintech app is perfect. of 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.