Other restrictions apply; terms and conditions apply. There's also a fee if you go inside a another bank and withdraw cash with a teller. Spruce is a Mobile Banking App and includes a Debit Card with Benefits . Additional fees apply for tax expert support. I keep being told they have to send emails and I have to wait 5 business days or longer for any assistance. See. State e-file not available in NH. No credit check to apply. 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. We appreciate it and you for being a part of the Spruce community. 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. There is a $3 fee at other ATMs, plus any additional fee charged by the ATM operator. - Cash 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. 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. 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. Tap "Deposit checks" and choose the account where you want your deposit to go. Interest calculated on current balance at day of deposit. What Is A 529 Plan and Where to Open One in Your State, How Much Should You Have In A 529 Plan By Age, How To Use A 529 Plan For Private Elementary And High School. And, for a limited time, you'll get a $50 bonus when you receive qualifying direct deposits. The developer, HRB Tax Group, Inc., indicated that the apps privacy practices may include handling of data as described below. Creating and launching Spruce is a huge milestone for our company as we continue to execute on our transformation and growth strategy, Block Horizons 2025., Spruce is a Mobile Banking App and includes a Debit Card with Benefits, For decades, our core tax customers have been hard-working Americans who are trying to make ends meet. Bank products and services are offered by Pathward, N.A. See Spruce Rewards powered by Dosh Terms for details. Do your checking and savings account help you manage your money as efficiently as youd like? There are more than 10,000 retailers that offer rewards. DO NOT TRUST YOUR INFO, MONEY, OR PAYCHECK TO THIS COMPANY !!! Youre welcome to contact our media team about your story. Read more about Spruce mobile banking app.Spruce fintech platform is built by H&R Block, which is not a bank. No problems whatsoever.til today. Data privacy and security practices may vary based on your use, region, and age. 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). LearnMore. From paying for school to buying a car, Spruce also has options to set up automatic transfers towards savings. An ITIN is an identification number issued by the U.S. government for tax reporting only. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated. Spruce fintech platform is built by H&R Block, which is not a bank. To be eligible, accountholder must receive $200 in qualifying deposits over the relevant 35-day period and opt in. Youll then automatically qualify for early direct deposit if your payer (employer or benefits provider) supports it. Courtesy Coverage is optional negative balance coverage on your Spruce Spending account. Download the app: Spruce is a mobile-friendly platform. Additional training or testing may be required in CA, OR, and other states. 00), using the mySpruce app, or by visiting the Spruce kiosk at one of our partner locations. You must opt in and meet ongoing requirements to qualify: Spruce makes it easy to set and track savings goals right in the app. FRA2. 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. Thank you! Courtesy Coverage is only available for purchase transactions, ATM withdrawals, and over-the-counter withdrawals using your Spruce debit card. State e-file available for $19.95. . Chime pays a good rate on its savings account, but it has access to fewer fee-free ATMs than Spruce or One. Payroll services and support to keep you compliant. 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. 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. It does nothing !! Emerald Card Retail Reload Providers may charge a convenience fee. 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. II. Make money when you spend money at select retailers. 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. - Get your Federal Refund Early! (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. All Rights Reserved. Apple and the Apple Logo are registered trademarks of Apple Inc. Google Play and the Google Play logo are trademarks of Google LLC. Saving goals. This is a separate service from your Spruce bank accounts, provided by Pathward, N.A. The addition of the Spruce offering provides customers with a new mobile banking solution with additional ways to access and manage their money year-round. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Are you a journalist or member of the media with a question or request? All deposit accounts through Pathward are FDIC insured. Line balance must be paid down to zero by February 15 each year. # - Direct Deposit. It's a convenient, flexible, and yep fun home base for your day-to-day funds and longer-term savings too. A Red Ventures company. More information is available at sprucemoney.com. 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. Bank products by Pathward, N.A., Member FDIC. The College Investor does not offer investment advisor or brokerage services, nor does it recommend buying or selling particular stocks, securities, or other investments. Consult an attorney for legal advice. With Spruce, you'll open checking and savings accounts. Federal pricing will vary based upon individual taxpayer circumstances and is finalized at the time of filing. Form your business and you could get potential tax savings. The Spruce mobile banking app can be downloaded in app stores. If you had to think for even a moment about how to answer, you might be ready for a change. Spruce does have a couple downsides worth noting: Spruce is one of the most exciting mobile banking apps Ive come across recently. Thanks for your feedback! I have called 3 times and had 3 different cards issued to me and have yet to receive 1. accountholder must receive $200 in qualifying deposits over the relevant 35-day period and opt in. You can use these tools to build (or rebuild) your credit on your own terms. *Go to disclaimer for more details, Built by H&R Block, Spruce is a mobile banking platform to help you set saving goals, earn cash back rewards at select retailers,1Go to disclaimer for more details and get paychecks up to two days early.2Go to disclaimer for more details Get a $50 bonus when you receive qualifying direct deposits. H&R Block does not provide immigration services. Get started today See all features H&R Block does not provide immigration services. Tax Audit & Notice Services include tax advice only. Audit services constitute tax advice only. And the lady I spoke with, didnt even have the ability to close down my account ?!?! What Are Qualified Expenses For A 529 Plan (And What Doesnt Count)? Simple steps, easy tools, and help if you need it. Negative balances are limited to $20 and must be repaid within 30 days. OBTP#B13696. Additional time commitments outside of class, including homework, will vary by student. Please fix ASAP Update: Thinking it was a problem with the app, I go straight to the website. Spruce has some other key benefits. A passport that doesnt have a date of entry wont be accepted as a stand-alone identification document for dependents. 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. January 20, 2022 08:00 ET 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. The H&R Block Emerald Prepaid Mastercard program provides clients quick and convenient access to their tax refund. This is a separate service from Spruce Spending and Savings accounts provided by MetaBank, N.A., Member FDIC. 4 Early access to funds depends on the timing of the payers submission of the payment. Check the app for offers. **Go to disclaimer for more details, Claim your $50 bonus when you receive qualifying direct deposits to your Spruce account. I log in, email, password, and then a screen says nice let's set up your account. I decided why not and filed my taxes to get my direct deposit into my new spruce account. Please note: While the offers mentioned above are accurate at the time of publication, they're subject to change at any time and may have changed, or may no longer be available. About MetaBankMetaBank, N.A., a national bank, is a subsidiary of Meta Financial Group, Inc. (Nasdaq: CASH), a South Dakota-based financial holding company. Available only at participating H&R Block offices. They say it works with PayPal, cashapp, venmo etc..and it doesn't. 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. Valid at participating locations only. A qualifying expected tax refund and e-filing are required. HRB Maine License No. But if youre in the market for a new way to spend and save, its definitely worth a close look. Additional fees apply for tax expert support. Minimum balance of $5,000 required to open account and obtain the APY. 1 Spruce Rewards are powered by Dosh. 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. See how Spruce makes security a top priority. . 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. File yourself or with a small business certified tax professional. Negative balances are . Id recommend spruce to my friends and family who want to get ahead of their finances, have early direct deposits, etc;. Please check with your employer or benefits provider as they may not offer direct deposit or partial direct deposit. H&R Block Free Online is for simple returns only. BBB ratings won't necessarily guarantee your relationship with a bank will be perfect, though. Enroll in direct deposit to get your paycheck earlier2Go to disclaimer for more details than you normally would. However, the Spending and Savings accounts are FDIC insured through Spruce's banking partner Metabank. Online bank vs online banking platform: Which is better for you? Emergency fund? Spruce is a mobile banking platform built and backed by H&R Block. H&R Block Free Online is for simple returns only. Faster access to funds is based on comparison of traditional banking policies for check deposits versus electronic direct deposit. 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. $50 will be deposited within 14 business days after completing all requirements. Audit services only available at participating offices. Comparison based on regular price for standard paid DIY products on turbotax.com as of 3/1/2023. The H&R Block Emerald Prepaid Mastercard program provides clients quick and convenient access to their tax refund. 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. Most personal state programs available in January; release dates vary by state. 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. No one can help me or give me information. 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. Consult your own attorney for legal advice. 6 Courtesy Coverage is only available for purchase transactions, ATM withdrawals, and over-the-counter withdrawals using the Spruce debit card. The Spruce Spending Account is a solid free account. You can file your return and receive your refund without applying for a Refund Transfer. Thank you! The perks include automatic cash back and early direct deposit. Payments you authorize from the account associated with your Refund Transfer will reduce the net proceeds of your refund sent to you. Additional fees may apply. US Mastercard Zero Liability does not apply to commercial accounts (except for small business card programs). If your employer issues paper paychecks, you receive checks for rebates . ; it is not your tax refund. 5 Stars. Deposits that do not qualify are mobile check deposits, internal transfers, transfers . If you're more concerned with earning interest, it'll be a toss-up between Chime or One. Void where prohibited. A 0% interest loan of up to $3,500 received within minutes of filing, if approved. 4 Early access to funds depends on the timing of the payers submission of the payment. Negative balances are limited to $20 and must be repaid within 30 days. Sophia joined Insider in July 2021 and is an alumna of California State University Fullerton where she studied journalism and minored in political science. HRB Tax Group, Inc. Its your credit make sure youre in charge. BIG MISTAKE !!! 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. I recently signed up for the spruce account because I file my taxes with H&R Block every single year. Once your account is created, you'll be logged-in to this account. But the app and site refuse to even allow me to sign up. No credit check to apply. ~ Courtesy Coverage only available for purchase transactions, ATM withdrawals, and over-the-counter withdrawals using your debit card. Copyright2022-2023 HRB Digital LLC. *Go to disclaimer for more details. Select the account for deposit and enter the check amount. If you use your debit card at select retailers, you'll get cash-back rewards deposited into your account. All Rights Reserved. This is a HUGE security risk and the first red flag !! 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).