Copyright2022-2023 HRB Digital LLC. Member FDIC, provides the financial know-how that many Americans urgently need. $50 will be deposited within 14 business days after completing all requirements. Spruce fintech platform is built by H&R Block, which is not a bank. Thanks for your feedback! Mastercard and the circles design are registered trademarks of Mastercard International Incorporated. To begin, you will need to register your Spruce account online. Additional fees may apply. Audit services constitute tax advice only. 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. Valid at participating locations only. *Go to disclaimer for more details. Spruce is a Mobile Banking App and includes a Debit Card with Benefits Saving goals. Enroll in direct deposit to get your paycheck earlier2Go to disclaimer for more details than you normally would. Took 1 week to get my money back. Get help using Spruce online banking services. What Does It Offer? Personal state programs are $39.95 each (state e-file available for $19.95). Mastercard and the circles design are registered trademarks of Mastercard International Incorporated. Cash back offers and amounts may vary by user, merchant location and offer period. E-file fees do not apply to NY state returns. You can sign up online or through mobile. Spruce is a Mobile Banking App and includes a Debit Card with Benefits Saving goals. Pricing varies by location. It does not provide for reimbursement of any taxes, penalties, or interest imposed by taxing authorities and does not include legal representation. out Were sorry for the issue you encountered with Spruce, and wed like to help. 6 Courtesy Coverage is only available for purchase transactions, ATM withdrawals, and over-the-counter withdrawals using the Spruce debit card. State restrictions may apply. Financial Services | H&R Block *Go to disclaimer for more details. HRB Maine License No. If you use your debit card at select retailers, you'll get cash-back rewards deposited into your account. 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 2023 Bankrate, LLC. HRB Tax Group, Inc. 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. You also have the chance to get your federal tax refund up to five days early. State e-File for business returns only available in CA, CT, MI, NY, VA, WI. Though H&R Block isn't a bank, Spruce has an array of mobile banking capabilities supported by Pathward, N.A. If you use an ATM outside of the Allpoint network, you'll have to pay a $3 fee. A mobile banking app for people who want to make the most of their refund. However, the Spending and Savings accounts are FDIC insured through Spruce's. 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. Spruce Accounts may not be closed or restricted at payout. . Payroll services and support to keep you compliant. Spruce isnt totally fee-free, however. All Rights Reserved. Spruce Banking is a new banking platform so it doesn't have a BBB rating, yet. Comparison based on regular price for standard paid DIY products on turbotax.com as of 3/1/2023. See Spending Account Agreement for details. A separate agreement is required for all Tax Audit & Notice Services. The one disadvantage to this account is you won't earn any interest. 2 Get a $50 bonus when you receive qualifying direct deposits. Negative balances are limited to $20 and must be repaid within 30 days. Fees apply to Emerald Card bill pay service. At the moment, Spruce doesnt offer early deposit for state tax refunds. 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. Spruce Mobile Banking - Get Better with Money | H&R Block They had to activate the card themselves and set the pin number so they had my pin and all my info. So Im a big fan of online fintech style banks and their mobile apps and wanted to try this account out and use it as a side bank. These are the most notable: No fintech app is perfect. Theyre ridiculous and customer service is awful. 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. See Spruce Rewards powered by Dosh Terms for details. # - Direct Deposit. OBTP#B13696. Spruce Review A Mobile Banking Platform Built by H&R Block Mobile check deposit can make adding money to your bank account quick and easy, without having to pay a visit to a branch. The perks include automatic cash back and early direct deposit. Spruce has few fees. 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. 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. 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. Copyright 2023 Apple Inc. All rights reserved. Well you can add money to spruce but good luck getting any money out of spruce. Minimum balance of $5,000 required to open account and obtain the APY. Tax Audit & Notice Services include tax advice only. Bank products and services are offered by Pathward, N.A. No minimum balance. Below are links to some of her most popular stories: Fee-only vs. commission financial advisor, Read more about how Personal Finance Insider chooses, rates, and covers financial products and services >>, Are banks open today? Let us know. No luck, it's pulling the exact same thing. See, Important Terms, Conditions and Limitations apply. Spruce Review A Mobile Banking Platform Built by H&R Block January 20, 2022 08:00 ET ^ Does not change IRS refund processing speed. Deposit your federal tax refund into your Spruce account and you could get it up to 5 days early. how about NO !! Mastercard and the circles design are registered trademarks of Mastercard International Incorporated. Audit services constitute tax advice only. 00), using the mySpruce app, or by visiting the Spruce kiosk at one of our partner locations. Youre welcome to contact our media team about your story. DE, HI and VT do not support part-year/nonresident individual forms. You can file your return and receive your refund without applying for a Refund Transfer. Download the app: Spruce is a mobile-friendly platform. 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., For decades, our core tax customers have been hard-working Americans who are trying to make ends meet. Update: HRBlock called me finally and kinda fixed the situation but not entirely. 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. Qualifying direct deposits are ACH credits, including direct deposits (but not tax refunds). Editorial Note: A 0% interest loan of up to $3,500 received within minutes of filing, if approved. Your wireless carrier may charge a fee for text messaging or data usage. After completing these qualifying activities, you should receive your $50 bonus within 14 business days. 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. 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. Spruce Mobile Banking by H&R Block: $20 Sign-Up Bonus No sign-up fees. Requires opt in and $200 in qualifying deposits over prior 35-day period. FICOis a trademark of Fair Isaac Corporation. We believe in a future with equitable access to easy and affordable banking. Payroll services and support to keep you compliant. The Income Tax Course consists of 62 hours of instruction at the federal level, 68 hours of instruction in Maryland, 80 hours of instruction in California, and 81 hours of instruction in Oregon. Tap "Front" and take a photo of the front of the check. CAA service not available at all locations. 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. Approval and loan amount based on expected refund amount, eligibility criteria, and underwriting. The bottom line: Spruce is a solid mobile banking platform that doesn't charge monthly fees. Let a professional handle your small business books. All three banking platforms require no minimum opening, deposit, or monthly fees. 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 . H&R Block created Spruce to address this gap and bolster financial inclusion by helping people build healthy financial habits every day. A 0% interest loan of up to $3,500 received within minutes of filing, if approved. 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. Read more about Spruce mobile banking app.Spruce fintech platform is built by H&R Block, which is not a bank. We compared Spruce Banking to two other online banking platforms: Chime and One. Once your account is created, you'll be logged-in to this account. All Rights Reserved. H&R Block Introduces Spruce Mobile Banking Platform to Help More 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. Get location hours, directions, customer service numbers and available banking services. 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. micohn. Negative balances are limited to $20 and must be repaid within 30 days. FRA2. 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). You can also see up financial goals through their different savings features. 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. 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. Built by H&R Block, Spruce is a mobile banking platform to help you set saving goals, earn cash back rewards at select retailers, 1 and get paychecks up to two days early. White Collar criminals. Tax returns may be e-filed without applying for this loan. 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.. Enrollment restrictions apply. E-file fees do not apply to NY state returns. All tax situations are different. Additional terms and restrictions apply; See. The Spruce mobile banking app can be downloaded in app stores. Spruce does have a couple downsides worth noting: Spruce is one of the most exciting mobile banking apps Ive come across recently. Though H&R Block isnt a bank, Spruce has an array of mobile banking capabilities supported by Pathward, N.A. 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. Cards issued pursuant to license by Mastercard. We also get your email address to automatically create an account for you in our website. . The perks include automatic cash back and early direct deposit. CAA service not available at all locations. Spruce is a mobile banking app for people who want to be better with money. Spruce has no sign-up fees, no monthly maintenance fees, and no minimum balance requirements. Additional time commitments outside of class, including homework, will vary by student. as well as other partner offers and accept our, Savings feature that allows you to set individual financial goals, Get cash back rewards through Dosh when you shop at one of 10,000+ select retailers, $20 bonus if you meet the requirements by April 20, 2022, Courtesy Coverage that covers a negative balance of up to $20 if you meet the requirements, $4.95 fee for bank teller cash withdrawals. Umm. Additional fees and restrictions may apply. Bank deposit accounts, such as checking and . Endorse your check, then tap "Next". The College Investor does not offer investment advisor or brokerage services, nor does it recommend buying or selling particular stocks, securities, or other investments. H&R Block Free Online, NerdWallets 2023 winner for Best Online Tax Software for Simple Returns. The student will be required to return all course materials. 2022 HRB Tax Group, Inc. H&R Block Emerald Prepaid Mastercard is issued by Pathward, N.A., Member FDIC, pursuant to license by Mastercard. I downloaded the app and applied for account. Copyright 2022-2023 HRB Digital LLC. Make sure you have some later too. Cash back earned by qualifying purchases will be deposited in the Spruce Savings Account. The student will be required to return all course materials. Negative balances are limited to . Cash back rewards. How long does it take spruce to transfer money? I liked the setup so much I used it to get my paycheck. H&R Block Free Online, NerdWallets 2023 winner for Best Online Tax Software for Simple Returns. How Do I Contact Spruce? Theyll close the account but itll take longer than 5 business days to process the closure and send a check. 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). 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. And, for a limited time, you'll get a $50 bonus when you receive qualifying direct deposits. Spruce Banking Promotions: $20 Direct Deposit Bonus (Nationwide) - Ends Millions of people use H&R Block to prepare and file their tax returns every year. CTEC# 1040-QE-2662 2022 HRB Tax Group, Inc. Our opinions are our own. Opinions expressed here are the author's alone, not those of the bank, credit card issuer, airline, or hotel chain, and have not been reviewed, approved, or otherwise endorsed by any of these entities. Not safe, not secure and no one can really help you. Your wireless carrier may charge a fee for text messaging or data usage. ~ - Personalized Saving Goals. An ITIN is an identification number issued by the U.S. government for tax reporting only. Additional information can be found by visiting www.metafinancialgroup.com. 5 Credit score is FICOScore 8 based on Experian data. 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. I keep being told they have to send emails and I have to wait 5 business days or longer for any assistance. Saving goals. State e-file not available in NH. Consult your own attorney for legal advice. Dont do itI never asked HRBlock to give me this card, I never wanted it, I provided them my actual routing and account number. Get started today See all features Literally. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated. H&R Block rolls out mobile banking in time for tax season 6 Courtesy Coverage is only available for purchase transactions, ATM withdrawals, and over-the-counter withdrawals using the Spruce debit card. H&R Block created Spruce to address this gap and bolster financial inclusion by helping people build healthy financial habits every day. 0 Get a $50 bonus when you receive qualifying direct deposits. See Spruce Rewards powered by Dosh Terms for details. To be eligible, accountholder must receive $200 in qualifying deposits over the relevant 35-day period and opt in. - Cash Back. MetaBank has a B rating because it has 775 complaints filed against the business. 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. And, for a limited time, you'll get a $50 bonus when you receive qualifying direct deposits. Refresh your finances with Spruce, a mobile banking app built by H&R Block. Spruce - Mobile banking - App Details, Features & Pricing [2022 2023 Money Crashers, LLC. However, the Spending and Savings accounts are FDIC insured through Spruce's banking partner Metabank. Fees for other optional products or product features may apply. 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. Spruce is a Mobile Banking App and includes a Debit Card with Benefits. Cash back offers and amounts may vary by user, merchant location and offer period. Cards issued pursuant to license by Mastercard. Your lender or insurer may use a different FICO Score than FICO Score 8, or another type of credit score altogether. TurboTax is a registered trademark of Intuit, Inc. 2023 NerdWallet, Inc. All Rights Reserved. 1 Spruce Rewards are powered by Dosh. 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. 4 Early access to funds depends on the timing of the payers submission of the payment. There are more than 10,000 retailers that offer rewards. The content on Money Crashers is for informational and educational purposes only and should not be construed as professional financial advice. 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. Spruce Spending and Savings Accounts established at, and debit card issued by, Pathward, N.A., Member FDIC, pursuant to license by Mastercard. Emerald Card Retail Reload Providers may charge a convenience fee. H&R Block Free Online is for simple returns only. 2022 HRB Tax Group, Inc. 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. Select the account for deposit and enter the check amount. Spruce - Mobile banking on the App Store Read our editorial standards. 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. Consult an attorney for legal advice. One pays the highest interest rate of all three platforms, but the amount you'll earn will vary depending on your account balance. Limitations apply. Youve been warned !! . At this time, the banking platform doesn't allow you to only open a Spruce Savings or Spruce checking account by itself. What Are Qualified Expenses For A 529 Plan (And What Doesnt Count)? Bank products by Pathward, N.A., Member FDIC. - Credit Score. Apple and the Apple Logo are registered trademarks of Apple Inc. Google Play and the Google Play logo are trademarks of Google LLC. 5 Stars. 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. Fees apply. Additional qualifications may be required. We have you on our list and we promise to only send you the good stuff. At an office, at home, or both, well do the work. Pathward does not charge a fee for this service; please see your bank for details on its fees. Chase's website and/or mobile terms, privacy and security policies don't apply to the site or app you're about to visit. Additional fees apply for tax expert support. 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. Special cannot be part of TSB CD laddering package. Were sorry for the issue you encountered with Spruce, and wed like to help. Form your business and you could get potential tax savings. I called their toll free number to close down my account since theres NO WAY Im going to trust this company or banking app with my info, let alone my money, and SURPRISE !! The Spruce Spending Account is a solid free 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. State e-file not available in NH. 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.