Check the app for offers. 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. You might be able to use a portion of your home's value to spruce it up or pay other bills with a Home Equity Line of Credit. At The College Investor, we want to help you navigate your finances. To do this, many or all of the products featured here may be from our partners. Justuseapp.com. Spruce fintech platform is built by H&R Block, which is not a bank. Bank products by Pathward, N.A., Member FDIC Spruce is a mobile banking app for people who want to be better with money. Download the app: Spruce is a mobile-friendly platform. H&R Block, Bankrates 2023 winner for Best Overall Online Tax Filing Software. May be modified or discontinued at any time. Description of benefits and details at. When you use Spruce, its easy to set and monitor your progress toward financial goals. We have you on our list and we promise to only send you the good stuff. Please fix ASAP Update: Thinking it was a problem with the app, I go straight to the website. CAA service not available at all locations. Pricing varies by location. There are limits on the total amount you can transfer and how often you can request transfers. 5 Credit score is FICOScore 8 based on Experian data. accountholder must receive $200 in qualifying deposits over the relevant 35-day period and opt in. 2022 HRB Tax Group, Inc. Youve been warned !! Spruce is a mobile banking platform built and backed by H&R Block. # - Direct Deposit. Fees may reduce earnings. Make sure you have some later too. This is a separate service from Spruce Spending and Savings accounts provided by MetaBank, N.A., Member FDIC. 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. Additional terms and restrictions apply; See. What Are Qualified Expenses For A 529 Plan (And What Doesnt Count)? The Spruce solution includes a spending account with a debit card, along with a connected savings account that allows for budgeting for specific goals. Chime pays a good rate on its savings account, but it has access to fewer fee-free ATMs than Spruce or One. Negative balances are limited to $20 and must be repaid within 30 days. Member FDIC, provides the financial know-how that many Americans urgently need. *Go to disclaimer for more details. Refund Transfer is a bank deposit product, not a loan. Create personalized saving goals and round up your purchases. You could receive a $50 bonus and get paid two days early. See Spending Account Agreement for details. Let a professional handle your small business books. ~ - Personalized Saving Goals. 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. From paying for school to buying a car, Spruce also has options to set up automatic transfers towards savings. The bottom line: Spruce is a solid mobile banking platform that doesn't charge monthly fees. It gets worse from there.. No minimum balance. Minimum balance of $5,000 required to open account and obtain the APY. What Does It Offer? Spruce Spending and Savings Accounts established at, and debit card issued by, Pathward, N.A., Member FDIC, pursuant to license by Mastercard. January 20, 2022 08:00 ET (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. Fees apply to Emerald Card bill pay service. Bank products and services are offered by Pathward, N.A. Apple and the Apple Logo are registered trademarks of Apple Inc. Google Play and the Google Play logo are trademarks of Google LLC. State e-file available for $19.95. Dont do itI never asked HRBlock to give me this card, I never wanted it, I provided them my actual routing and account number. Most state programs available in January; software release dates vary by state. 2022 HRB Tax Group, Inc. H&R Block Emerald Prepaid Mastercard is issued by Pathward, N.A., Member FDIC, pursuant to license by Mastercard. - Credit Score. Read more about Spruce mobile banking app.Spruce fintech platform is built by H&R Block, which is not a bank. Get access to thousands of fee-free ATMs near you to withdraw money on the go.4Go to disclaimer for more details. Spruce has no sign-up fees, no monthly maintenance fees, and no minimum balance requirements. You can use these tools to build (or rebuild) your credit on your own terms. The developer provided this information and may update it over time. To be eligible, accountholder must receive $200 in qualifying deposits over the relevant 35-day period and opt in. 4 Early access to funds depends on the timing of the payers submission of the payment. With Spruce, you can receive your federal tax refund up to 5 days early. Access your favorite topics in a personalized feed while you're on the go. Deposit your federal tax refund into your Spruce account and you could get it up to 5 days early. Youre welcome to contact our media team about your story. Millions of Americans do not have adequate banking solutions which makes it more difficult for them to maintain financial stability. Get location hours, directions, customer service numbers and available banking services. Refund Transfer is an optional tax refund-related product provided by Pathward, N.A., Member FDIC. Spruce has no monthly fees, no sign-up fees, no overdraf. Since accounts are also insured by MetaBank, we're also including the bank's BBB rating for some additional perspective. Payroll services and support to keep you compliant. H&R Block created Spruce to address this gap and bolster financial inclusion by helping people build healthy financial habits every day. Limitations apply. If youre intrigued by what youve learned about Spruce so far, keep reading for more details about its core features and capabilities. 0 Get a $50 bonus when you receive qualifying direct deposits. 4 Early access to funds depends on the timing of the payers submission of the payment. 6 Courtesy Coverage is only available for purchase transactions, ATM withdrawals, and over-the-counter withdrawals using the Spruce debit card. 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. Please check with your employer or benefits provider as they may not offer direct deposit or partial direct deposit. She is also a Certified Educator in Personal Finance (CEPF). 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. Claim is based on making federal refunds available when payment instruction is received, which may be earlier than scheduled payment date. Let a professional handle your small business books. HOW WHEN I NEVER GOT IT!!! US Mastercard Zero Liability does not apply to commercial accounts (except for small business card programs). Spruce has few fees. ; it is not your tax refund. Limit one per customer. No luck, it's pulling the exact same thing. 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. Offers vary by user, merchant location and offer period. 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. Spruce fintech platform is built by H&R Block, which is not a bank. Great news! Cards issued pursuant to license by Mastercard. No minimum balance. 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 has some other key benefits. 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. Available only at participating H&R Block offices. - Get your Federal Refund Early! 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. Most personal state programs available in January; release dates vary by state. 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 downloaded the app and applied for account. . HRB Tax Group, Inc. This card and service is downright awful. To access Mobile Deposit, simply enroll (download the ANBTX Mobile Banking app), launch the app, and follow the step-by-step instructions: Sign the back of the check (endorse check) Access the ANBTX Mobile Deposit app. Whatever youre saving for, set personalized goals, start adding money, and track your progress. We may have financial relationships with some of the companies mentioned on this website. 5 Stars, 3.75 Refund Transfer is a bank deposit product, not a loan. NEW OFFER! Credit score is FICO Score 8 based on Experian data. Terms and conditions apply; see. 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 Power of Attorney may be required for some Tax Audit & Notice Services. When you use Spruce, it's easy to set and monitor your progress toward financial goals. The one disadvantage to this account is you won't earn any interest. You'll also have access to over 55,000 fee-free ATMs through the Allpoint network. The developer, HRB Tax Group, Inc., indicated that the apps privacy practices may include handling of data as described below. Enrolled Agents do not provide legal representation; signed Power of Attorney required. New car? 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. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Are you a journalist or member of the media with a question or request? Terrible service. A mobile banking app for people who want to make the most of their refund. 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. Two-thirds of the U.S. population struggle with one or more aspects of their finances, including spending, saving, and planning. Earn cash back when you spend at select retailers. Spruce, a mobile banking platform built by H&R Block, provides comprehensive capabilities supported by its banking partner, Pathward, N.A. For more mobile banking options, you can try MoneyLion, Creative Juice, Juno, Upgrade, Douugh, Dave, and Flyp, which all offer similar sign . Spruce is a mobile banking platform built by H&R Block, with banking products provided by Pathward. Negative balances are limited to $20 and must be repaid within 30 days. All tax situations are different. Safety starts with understanding how developers collect and share your data. Transferring funds from another bank account to your Emerald Card may not be available to all cardholders and other terms and conditions apply. Its accounts come with several special perks like cash-back rewards and early direct deposit. See www.SpruceMoney.com/feesfor details. Bank products and services are offered by Pathward, N.A. Available only at participating H&R Block offices. 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. 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. Deposits that do not qualify are mobile check deposits, internal transfers, transfers . To be eligible, accountholder must receive $200 in qualifying deposits over the relevant 35-day period and opt in. Tap "Front" and take a photo of the front of the check. Fees for other optional products or product features may apply. Banking services provided by The Bancorp Bank or Stride Bank, N.A., Members FDIC. Refresh your finances with Spruce, a mobile banking app built by H&R Block. 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 . Cash back will be deposited in your Savings Account. 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. I also had to call 4 different times because their were multiple charges for 1 item bought. Spruce is a financial technology platform built by H&R Block, which is not a bank. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated. State e-file not available in NH. 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. All tax situations are different. Spruce automatically categorizes your transactions and lets you choose which areas to keep a closer eye on with the Watchlist. All Rights Reserved. You also have the chance to get your federal tax refund up to five days early. 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. By clicking Sign up, you agree to receive marketing emails from Insider The H&R Block Emerald Prepaid Mastercard program provides clients quick and convenient access to their tax refund. Once your account is created, you'll be logged-in to this account. 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. 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 early 1, and earn cash back rewards at select retailers. 6 Courtesy Coverage is only available for purchase transactions, ATM withdrawals, and over-the-counter withdrawals using the Spruce debit card. 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. Tax Audit & Notice Services include tax advice only. Theyll close the account but itll take longer than 5 business days to process the closure and send a check. Thank you! All Rights Reserved. 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 ?? Its your credit make sure youre in charge. $20 bonus if you meet the requirements and open an account before April 20, 2022. H&R Block Free Online, NerdWallets 2023 winner for Best Online Tax Software for Simple Returns. Member FDIC. Pathward does not charge a fee for this service; please see your bank for details on its fees. 2nd red flag !! 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. Negative balances are limited to $20 and must be repaid within 30 days. *Go to disclaimer for more details. I decided why not and filed my taxes to get my direct deposit into my new spruce account. Spruce is a new fintech platform created by the tax preparation company H&R Block . Spruce is a mobile banking platform built and backed by H&R Block. This is a separate service from Spruce Spending and Savings accounts provided by MetaBank, N.A., Member FDIC. Fees for other optional products or product features may apply. See. 2022 HRB Tax Group, Inc. H&R Block Emerald Prepaid Mastercard is issued by Pathward, N.A., Member FDIC, pursuant to license by Mastercard. Stay on top of your score, get score insights, and better understand your credit score. Year-round access may require an Emerald Savingsaccount. I log in, email, password, and then a screen says nice let's set up your account. Conditions and exceptions apply see your, The Check-to-Card service is provided by Sunrise Banks, N.A. It is not an extension of credit; it is a courtesy exercised at our discretion. | Source: Additional qualifications may be required. See your. # Spruce Rewards powered by Dosh. 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. At this time, the banking platform doesn't allow you to only open a Spruce Savings or Spruce checking account by itself. Receive your federal refund up to 5 days early with Spruce. . In some cases, we receive a commission from our partners; however, our opinions are our own. Spruce - Mobile banking is quiet safe to use but use with caution. (member FDIC). Have funds and absolutely NO access to them. However, the Spending and Savings accounts are FDIC insured through Spruce's. Once the transaction settles, youll receive the difference in your Savings account. Spruce fintech platform is built by H&R Block, which is not a bank. 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. See Spending Account Agreement for details. You can get your federal tax refund up to 5 days early with Spruce, set personalized savings goals and round up your purchases to reach them faster, and get automatic cash back from more than 10,000 participating retailers. See www.SpruceMoney.com/fees for details. And, for a limited time, you'll get a $50 bonus when you receive qualifying direct deposits. All tax situations are different. It was recommended to me when I visited H&R block to do my taxes. Most personal state programs available in January; release dates vary by state. Spruce is a Mobile Banking App and includes a Debit Card with Benefits. If you use an ATM outside of the Allpoint network, you'll have to pay a $3 fee. It's a convenient, flexible, and yep fun home base for your day-to-day funds and longer-term savings too. Special cannot be part of TSB CD laddering package. I get a call center in a foreign country.. Philippines !! Additional fees apply for tax expert support. . 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. 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 problems whatsoever.til today. 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. See your. All deposit accounts through Pathward are FDIC insured. 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. Chase's website and/or mobile terms, privacy and security policies don't apply to the site or app you're about to visit. There is a $3 fee at other ATMs, plus any additional fee charged by the ATM operator. 0 Explore Spruce Emerald Savings CTEC# 1040-QE-2662 2022 HRB Tax Group, Inc. Additional training or testing may be required in CA, OR, and other states. 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 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. We compared Spruce Banking to two other online banking platforms: Chime and One. Consult an attorney for legal advice. Took 1 week to get my money back. 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. Justuseapp Safety Score for Spruce Is 29.7/100. HRB Maine License No. About MetaBankMetaBank, N.A., a national bank, is a subsidiary of Meta Financial Group, Inc. (Nasdaq: CASH), a South Dakota-based financial holding company. Neither H&R Block nor Pathward charges a fee for Emerald Card mobile updates; however, standard text messaging and data rates may apply. Free credit score.5Go to disclaimer for more details, Breathe easy with courtesy overdraft protection up to $20.6Go to disclaimer for more details. Terms and conditions apply; see. Conditions and exceptions apply see your, The Check-to-Card service is provided by Sunrise Banks, N.A. If you had to think for even a moment about how to answer, you might be ready for a change. Online Loan Companies To Borrow From Home, Spruce Review: Fee-Free Mobile Banking With Cash Back. Spruce is a mobile banking app for people who want to be better with money. 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. . 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. Form your business and you could get potential tax savings. Cash back earned by qualifying purchases will be deposited in the Spruce Savings Account. She is based in Los Angeles. 5 Credit score is FICOScore 8 based on Experian data. We believe in a future with equitable access to easy and affordable banking. There's also a fee if you go inside a another bank and withdraw cash with a teller. Theres no sign-up fee, monthly maintenance fee, or transaction fee at any of the thousands of ATMs in the Allpoint network. Spruce is a mobile banking platform that doesn't come with any monthly fees. I liked the setup so much I used it to get my paycheck. Thank you! Spruces optional Round Up feature can help you reach your savings goals even faster. Though H&R Block isnt a bank, Spruce has an array of mobile banking capabilities supported by Pathward, N.A. 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. Minimum monthly payments apply. Year-round access may require an Emerald Savingsaccount. It does not provide for reimbursement of any taxes, penalties, or interest imposed by taxing authorities and does not include legal representation. 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. ; it is not your tax refund. and Ingo Money, Inc., subject to the Sunrise Banks and Ingo Money Service. Should you need such advice, consult a licensed financial or tax advisor. Cash back earned by qualifying purchases will be deposited in the Spruce Savings Account. Cash back rewards. Bank products and services are offered by Pathward, N.A. Audit services constitute tax advice only. I have called 3 times and had 3 different cards issued to me and have yet to receive 1. To begin, you will need to register your Spruce account online. 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. The student will be required to return all course materials. 2023 Bankrate, LLC. No sign-up fees. Were sorry to hear about the poor customer service experience you had and wed like to help! State e-file not available in NH. Take a photo of both the front and back of the check (make sure to . https://www.hrblock.com/universal/digital-online-mobile-privacy-principles.html. Spruce is a financial technology platform built by H&R Block, which is not a bank. 2023 Money Crashers, LLC. A separate agreement is required for all Tax Audit & Notice Services. To be eligible, accountholder must receive $200 in qualifying deposits over the relevant 35-day period and opt in. For more information, see the developers privacy policy. 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. Among other things, we may receive free products, services, and/or monetary compensation in exchange for featured placement of sponsored products or services. 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. If you make an eligible purchase, youll receive the reward in your Spruce Savings account with no further action required. Offer valid only for 6-Month TSB CD Special. Line balance must be paid down to zero by February 15 each year. Loans are offered in amounts of $250, $500, $750, $1,250 or $3,500. 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. 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. And the lady I spoke with, didnt even have the ability to close down my account ?!?! . Spruce Spending and Savings Accounts established at, and debit card issued by, Pathward, N.A., Member FDIC, pursuant to license by Mastercard. Refund claims must be made during the calendar year in which the return was prepared. Learn about how Spruce can help you keep your data and funds safe. You don't want to lose it. Transfer funds: If you have a funding account, be ready to provide that information. 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. Saving goals. Thanks for your review! Provide basic information: Be prepared to provide your email address, name, and phone number. The Spruce mobile banking app can be downloaded in app stores. Somehow I ended up with this Speuce account with no card and my taxes are just sitting. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated. Enter the deposit amount. They had to activate the card themselves and set the pin number so they had my pin and all my info. Form your business and you could get potential tax savings. Void where prohibited. 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. This is a HUGE security risk and the first red flag !! Copyright2022-2023 HRB Digital LLC. 3 There is no fee to withdraw money at Allpoint ATMs. 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. from the Google Play Store and. The Spruce mobile banking app includes nudges to help users set personalized savings goals and keep them. With the Spruce mobile banking app on your phone, you have control of your finances on-the-go, and the tools you need to be good with money.