and Ingo Money, Inc., subject to the Sunrise Banks and Ingo Money Service. Learn how to keep it safe. The Spruce mobile banking app can be downloaded in app stores. CAA service not available at all locations. 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. No one can help me or give me information. State e-File for business returns only available in CA, CT, MI, NY, VA, WI. 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. See Spruce Rewards powered by Dosh Terms for details. Additional training or testing may be required in CA, OR, and other states. Payroll, unemployment, government benefits and other direct deposit funds are available on effective date of settlement with provider. 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. Great news! You dont have to take our word for it (or H&R Blocks). H&R Block Maine License Number: FRA2. Additional information can be found by visiting www.metafinancialgroup.com. Bank products and services are offered by Pathward, N.A. The perks include automatic cash back and early direct deposit. This is an optional tax refund-related loan from Pathward, N.A. Thank you! Check the Spruce app for offer availability. Update: HRBlock called me finally and kinda fixed the situation but not entirely. Your wireless carrier may charge a fee for text messaging or data usage. Were sorry for the issue you encountered with Spruce, and wed like to help. Get your paycheck up to 2 days early with direct deposit. When you turn on the Round Up feature in your account, Spruce rounds up the value of every purchase and ATM transaction to the next dollar. Spruce is a mobile banking platform built and backed by H&R Block. Additional fees may apply. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Are you a journalist or member of the media with a question or request? 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. Cards issued pursuant to license by Mastercard. HRB Maine License No. DO NOT TRUST YOUR INFO, MONEY, OR PAYCHECK TO THIS COMPANY !!! The student will be required to return all course materials. We also get your email address to automatically create an account for you in our website. This is a separate service from Spruce Spending and Savings accounts provided by MetaBank, N.A., Member FDIC. Pricing varies by location. Limit one per customer. The one disadvantage to this account is you won't earn any interest. We believe in a future with equitable access to easy and affordable banking. (member FDIC). The Spruce mobile banking app includes nudges to help users set personalized savings goals and keep them. All tax situations are different. Refund Transfer is a bank deposit product, not a loan. Additional time commitments outside of class, including homework, will vary by student. Youll then automatically qualify for early direct deposit if your payer (employer or benefits provider) supports it. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated. H&R Block is banking on a new service called Spruce to offer its tax clients banking options at tax time. 5 Stars, 4.25 out of 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. 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. Courtesy Coverage is optional negative balance coverage on your Spruce Spending account. There are more than 10,000 retailers that offer rewards. Terms and conditions apply; see. You may prefer Spruce to the other banking platforms if you'd like to get cash back on some purchases. Federal pricing will vary based upon individual taxpayer circumstances and is finalized at the time of filing. I log in, email, password, and then a screen says nice let's set up your account. And, for a limited time, you'll get a $50 bonus when you receive qualifying direct deposits. How long does it take spruce to transfer money? For more information, see the developers privacy policy. 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. All deposit accounts through Pathward are FDIC insured. 2023 Money Crashers, LLC. Among the dozens of newish fintech platforms Ive examined and reviewed over the past year or two, Spruce stands out for its simplicity, usefulness, and transparent fee structure. Spruce Spending and Savings Accounts established at, and debit card issued by, Pathward, N.A., Member FDIC, pursuant to license by Mastercard. Audit services constitute tax advice only. 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. Consult your own attorney for legal advice. Void where prohibited. NEW OFFER! This is an optional tax refund-related loan from Pathward, N.A. This is a separate service from your Spruce bank accounts, provided by Pathward, N.A. You can file your return and receive your refund without applying for a Refund Transfer. * Offer from H&R Block. 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. H&R Block created Spruce to address this gap and bolster financial inclusion by helping people build healthy financial habits every day. We compared Spruce Banking to two other online banking platforms: Chime and One. Wylie, Texas branches and ATMs | Chase Bank Thank you! Requires opt in and $200 in qualifying deposits over prior 35-day period. 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. The content on Money Crashers is for informational and educational purposes only and should not be construed as professional financial advice. At this time, the banking platform doesn't allow you to only open a Spruce Savings or Spruce checking account by itself. They had to activate the card themselves and set the pin number so they had my pin and all my info. You can use these tools to build (or rebuild) your credit on your own terms. Stay on top of your score, get score insights, and better understand your credit score. You can set up individual financial goals through the account and evaluate them through charts that track your progress. Mobile Banking Services Agreement - Cash Back. https://www.hrblock.com/universal/digital-online-mobile-privacy-principles.html. 2022 HRB Tax Group, Inc. A qualifying expected tax refund and e-filing are required. 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. Spruce has no sign-up fees, no monthly maintenance fees, and no minimum balance requirements. Qualifying direct deposits are ACH credits, including direct deposits (but not tax refunds). OPEN AN ACCOUNT Table of Contents What Is Spruce? Provide basic information: Be prepared to provide your email address, name, and phone number. 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. Minimum monthly payments apply. Though H&R Block isnt a bank, Spruce has an array of mobile banking capabilities supported by Pathward, N.A. Spruce is a mobile banking platform built by H&R Block, with banking products provided by Pathward. US Mastercard Zero Liability does not apply to commercial accounts (except for small business card programs). Spruce, a mobile banking platform built by H&R Block, provides comprehensive capabilities supported by its banking partner, Pathward, N.A. (member FDIC). Tax Audit & Notice Services include tax advice only. Spruce Banking Review: Banking Platform, Cash Back Rewards May be modified or discontinued at any time. 6 Courtesy Coverage is only available for purchase transactions, ATM withdrawals, and over-the-counter withdrawals using the Spruce debit card. Safety starts with understanding how developers collect and share your data. Well you can add money to spruce but good luck getting any money out of spruce. Mobile Banking for People Who Want to Be Good with Money | Spruce All Rights Reserved. (member FDIC). of Lenders or insurers may use a different FICO Score than FICO Score 8, or another type of credit score altogether. 11 Best Check-Cashing Apps in 2023 - Instantly + Online - CreditDonkey 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. 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. H&R Block Introduces Spruce Mobile Banking Platform to Help More Additional fees, terms and conditions apply; consult your, For a full schedule of Emerald Card fees, see your. You're saving it. Millions of people use H&R Block to prepare and file their tax returns every year. GET PAID UP TO TWO DAYS EARLY Enroll in direct deposit to access your paycheck sooner. FREE CREDIT SCORE Understand what makes up your credit score, how different . Spruce - Mobile banking on the App Store Having an ITIN does not change your immigration status. State e-file not available in NH. White Collar criminals. However, the Spending and Savings accounts are FDIC insured through Spruce's banking partner Metabank. Spruce is a Mobile Banking App and includes a Debit Card with Benefits Saving goals. Were sorry for the issue you encountered with Spruce, and wed like to help. 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.. State restrictions may apply. Faster access to funds is based on comparison of traditional banking policies for check deposits versus electronic direct deposit. Let us know. H&R Block does not provide immigration services. . I first got this app and the card for my tax refund. 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. H&R Block Free Online is for simple returns only. Spruce is a financial technology platform built by H&R Block, which is not a bank. Lenders or insurers may use a different FICO Score than FICO Score 8, or another type of credit score altogether. No problems whatsoever.til today. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated. File yourself or with a small business certified tax professional. Penalty for early withdrawal. Get help using Spruce online banking services. You also have the chance to get your federal tax refund up to five days early. They tell me they can see the account and all my info matches but I have no access to my money. Payroll services and support to keep you compliant. FRA2. They say it works with PayPal, cashapp, venmo etc..and it doesn't. 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. Offer from H&R Block. Spruce - Mobile banking is quiet safe to use but use with caution. H&R Block Free Online is for simple returns only. 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. Make money when you spend money at select retailers. * No monthly fees. After completing these qualifying activities, you should receive your $50 bonus within 14 business days. Deposit your federal tax refund into your Spruce account and you could get it up to 5 days early. Fees for other optional products or product features may apply. 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. Let a professional handle your small business books. She is based in Los Angeles. What Does It Offer? Additional fees and restrictions may apply. BBB ratings won't necessarily guarantee your relationship with a bank will be perfect, though. Data privacy and security practices may vary based on your use, region, and age. 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. Should you need such advice, consult a licensed financial or tax advisor. The student will be required to return all course materials. 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 No luck, it's pulling the exact same thing. | Source: Early access depends on when payment is submitted. Simple steps, easy tools, and help if you need it. The Spruce solution includes a spending account with a debit card, along with a connected savings account that allows for budgeting for specific goals. Have funds and absolutely NO access to them. We're back with some exciting additions and updates to Spruce!First up, we've made it even easier for you to set up payroll direct deposit straight from the app. Audit services only available at participating offices. H&R Block launches challenger bank Spruce | Banking Dive 5 Credit score is FICOScore 8 based on Experian data. For more information, visitH&R Block Newsor follow@HRBlockNewson Twitter. Dont do itI never asked HRBlock to give me this card, I never wanted it, I provided them my actual routing and account number. There's also a fee if you go inside a another bank and withdraw cash with a teller. Spruce fintech platform is built by H&R Block, which is not a bank. 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. You won't have to deal with monthly service fees, minimum opening deposits, or overdraft fees. Original supporting documentation for dependents must be included in the application. Among other things, we may receive free products, services, and/or monetary compensation in exchange for featured placement of sponsored products or services. Wylie | Chase Bank Free credit score.5Go to disclaimer for more details, Breathe easy with courtesy overdraft protection up to $20.6Go to disclaimer for more details. Additional fees may apply. Visit the resource center for money tips and financial knowledge. All Rights Reserved. Void where prohibited. Payments you authorize from the account associated with your Refund Transfer will reduce the net proceeds of your refund sent to you. Spruce Mobile Banking $20 Direct Deposit Bonus Earn a $20 bonus when you open a Spruce Spending and Savings Account with qualifying activity. See. See your. She is also a Certified Educator in Personal Finance (CEPF). . MetaBank works to increase financial availability, choice, and opportunity for all. Transfer funds: If you have a funding account, be ready to provide that information. All deposit accounts through Pathward are FDIC insured. Do your checking and savings account help you manage your money as efficiently as youd like? To be eligible, accountholder must receive $200 in qualifying deposits over the relevant 35-day period and opt in. 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. OBTP#B13696. Literally. 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. Get the latest on H&R Block news directly to your inbox. Transferring funds from another bank account to your Emerald Card may not be available to all cardholders and other terms and conditions apply. Spruce Banking Bonuses: $20 Direct Deposit Promotion (Nationwide) # - Direct Deposit. . Cash back offers and amounts may vary by user, merchant location and offer period. Member FDIC, provides the financial know-how that many Americans urgently need. The developer, HRB Tax Group, Inc., indicated that the apps privacy practices may include handling of data as described below. Brian Martucci writes about credit cards, banking, insurance, travel, and more. Millions of Americans do not have adequate banking solutions which makes it more difficult for them to maintain financial stability. I liked the setup so much I used it to get my paycheck. To find out if you may be eligible for a HELOC, . For more information, visitH&R Block Newsor follow@HRBlockNewson Twitter. 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. Any Retail Reload Fee is an independent fee assessed by the individual retailer only and is not assessed by H&R Block or Pathward. 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 . Accounts may be opened through the Spruce app and on the Spruce website. Faster access to funds is based on comparison of traditional banking policies for check deposits versus electronic direct deposit. Funds are generally made available when payment instruction is received, which may be earlier than scheduled payment date. 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. FICO is a trademark of Fair Isaac Corporation. Online & Mobile Banking App | American National Bank of Texas - ANBTX Editorial Note: FICOis a trademark of Fair Isaac Corporation. Accounts may be opened through the Spruce app and on the Spruce website. No monthly fees. It is not an extension of credit; it is a courtesy exercised at the banks discretion. E-file fees do not apply to NY state returns. Cash back earned by qualifying purchases will be deposited in the Spruce Savings Account. Direct Deposit Required: Yes She told me she would have to submit a request to their back office to close my account and that basically I MIGHT get an email confirming closure, whenever they get around to it ?? **Go to disclaimer for more details, Claim your $50 bonus when you receive qualifying direct deposits to your Spruce account. 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. Get a $50 bonus when you receive qualifying direct deposits with SpruceBecause it pays to be better with money. State e-file not available in NH. Spruces optional Round Up feature can help you reach your savings goals even faster. See Spending Account Agreement for details. Cash back earned by qualifying purchases will be deposited in the Spruce Savings Account. Spruce - Mobile banking - Apps on Google Play 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. We appreciate it and you for being a part of the Spruce community. 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. If you're more concerned with earning interest, it'll be a toss-up between Chime or One. May be changed or discontinued at any time. - Round Up. Its a convenient, flexible, and yep fun home base for your day-to-day funds and longer-term savings too. Most state programs available in January; software release dates vary by state. Seriously ?? - Get your Federal Refund Early! 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 qualifications may be required. Consider reading online customer reviews or talking to customers to see if Spruce Banking might work for you. Depends on timing of the IRS's payment file. Pay yourself when you spend and round up to the nearest dollar. Online Loan Companies To Borrow From Home, Spruce Review: Fee-Free Mobile Banking With Cash Back. This is a HUGE security risk and the first red flag !! 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. I was at least able to get access to the money to pull it all off. A pending deposit is money that has been deposited into a bank account but has not yet been authorized for use. It is a discretionary courtesy, not an extension of credit. A separate agreement is required for all Tax Audit & Notice Services. Additional time commitments outside of class, including homework, will vary by student. Emergency fund? MetaBank has a B rating because it has 775 complaints filed against the business. 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. New car? TurboTax is a registered trademark of Intuit, Inc. 2023 NerdWallet, Inc. All Rights Reserved. out So if you usually get your paycheck on Friday, you could receive the funds in your Spruce account as early as Wednesday. 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. 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. Additional training or testing may be required in CA, OR, and other states. We strive to write accurate and genuine reviews and articles, and all views and opinions expressed are solely those of the authors. An ITIN is an identification number issued by the U.S. government for tax reporting only. MetaBank, N.A., a national bank, is a subsidiary of Meta Financial Group, Inc. (Nasdaq: CASH), a South Dakota-based financial holding company. Please check with your employer or benefits provider as they may not offer direct deposit or partial direct deposit. I keep being told they have to send emails and I have to wait 5 business days or longer for any assistance. See Spruce Rewards powered by Dosh Terms for details. Void where prohibited. Minimum balance of $5,000 required to open account and obtain the APY. You are required to meet government requirements to receive your ITIN. A qualifying expected tax refund and e-filing are required. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated. To be eligible, accountholder must receive $200 in direct deposits over the relevant 35-day period, not including tax refunds. TurboTax is a registered trademark of Intuit, Inc. 2023 NerdWallet, Inc. All Rights Reserved.