OPEN AN ACCOUNT Table of Contents What Is Spruce? Accounts may be opened through the Spruce app and on the Spruce website. 2nd red flag !! of (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. Whatever youre saving for, set personalized goals, start adding money, and track your progress. . For more information, see the developers privacy policy. 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. It does not provide for reimbursement of any taxes, penalties, or interest imposed by taxing authorities and does not include legal representation. Online Loan Companies To Borrow From Home, Spruce Review: Fee-Free Mobile Banking With Cash Back. Were sorry to hear about the poor customer service experience you had and wed like to help! Accounts may be opened through the Spruce app and on the Spruce website. Personal state programs are $39.95 each (state e-file available for $19.95). Direct Deposit Required: Yes Mastercard and the circles design are registered trademarks of Mastercard International Incorporated. This card and service is downright awful. The Spruce Savings Account may be ideal if you're looking for unique savings features. Additional fees may apply. E-file fees do not apply to NY state returns. . And, for a limited time, you'll get a $50 bonus when you receive qualifying direct deposits. If you havent looked around in a while, Im willing to bet its an improvement on your current money management solution. 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. Chime pays a good rate on its savings account, but it has access to fewer fee-free ATMs than Spruce or One. Pathward does not charge a fee for this service; please see your bank for details on its fees. But the app and site refuse to even allow me to sign up. State e-file available for $19.95. Cards issued pursuant to license by Mastercard. To do this, many or all of the products featured here may be from our partners. 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. Courtesy Coverage is only available for purchase transactions, ATM withdrawals, and over-the-counter withdrawals using your Spruce debit card. You can snag your $50 bonus just for receiving qualified direct deposits. Last month, Block teamed up with Meta Financial's MetaBank to introduce Spruce, which gives clients a spending account, a debit card, and a mobile app, along with a connected savings . Spruce is a financial technology platform that combines the best features of leading neo-banks with H&R Blocks trusted brand, our 66-year history, and the insights weve gained from helping millions of customers every year. Safety starts with understanding how developers collect and share your data. H&R Block does not provide immigration services. If your employer issues paper paychecks, you receive checks for rebates . Refund Transfer is a bank deposit product, not a loan. Here's how Spruce. Two-thirds of the U.S. population struggle with one or more aspects of their finances, including spending, saving, and planning. Refresh your finances with Spruce, a mobile banking app built by H&R Block. 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. 2023 Bankrate, LLC. Consider reading online customer reviews or talking to customers to see if Spruce Banking might work for you. Your wireless carrier may charge a fee for text messaging or data usage. But Spruce does offer early direct deposit for your paycheck if your payer qualifies. Cash-back rewards are provided by Dosh. A mobile banking app for people who want to make the most of their refund. 2022 HRB Tax Group, Inc. H&R Block Emerald Prepaid Mastercard is issued by Pathward, N.A., Member FDIC, pursuant to license by Mastercard. Approval and loan amount based on expected refund amount, eligibility criteria, and underwriting. https://www.hrblock.com/universal/digital-online-mobile-privacy-principles.html. If you use an ATM outside of the Allpoint network, you'll have to pay a $3 fee. 2022 HRB Tax Group, Inc. I liked the setup so much I used it to get my paycheck. Bank products and services are offered by Pathward, N.A. Make sure you have some later too. Access your account anywhere, anytime for balance checks on-the-fly, finding ATMs in a flash, and so much more. Emergency fund? CAA service not available at all locations. transactions, or (2) that is capable of conducting Mobile Banking transactions by using other protocols we may choose to permit (e.g., Wireless Application Protocol (WAP) or text (SMS) messaging). 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. State e-file available for $19.95. File yourself or with a small business certified tax professional. See Spending Account Agreement for details. HRB Maine License No. Bank deposit accounts, such as checking and . II. Void where prohibited. 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. Since accounts are also insured by MetaBank, we're also including the bank's BBB rating for some additional perspective. (member FDIC). I also had to call 4 different times because their were multiple charges for 1 item bought. Supporting Identification Documents must be original or copies certified by the issuing agency. * - You're Protected With Courtesy Coverage. Payroll, unemployment, government benefits and other direct deposit funds are available on effective date of settlement with provider. Please drop us a line at [email protected] so we can take a closer look at the issue and respond to you directly. A Red Ventures company. Cash back earned by qualifying purchases will be deposited in the Spruce Savings Account. $50 will be deposited within 14 business days after completing all requirements. The Spruce mobile app is available in the Apple Store and Google Play Store, where it has 5 stars but limited customer reviews. Spruce fintech platform is built by H&R Block, which is not a bank. 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. Conditions and exceptions apply see your, The Check-to-Card service is provided by Sunrise Banks, N.A. We believe in a future with equitable access to easy and affordable banking. Thanks for your feedback! Enrollment restrictions apply. Justuseapp.com. Meanwhile, its super-simple savings goals and automatic Round Up features make it easy to save for the future. A pending deposit is money that has been deposited into a bank account but has not yet been authorized for use. FICOis a trademark of Fair Isaac Corporation. 5 Stars, 4.25 out of Youve been warned !! Additional information can be found by visiting www.metafinancialgroup.com. Audit services constitute tax advice only. We compared Spruce Banking to two other online banking platforms: Chime and One. I keep being told they have to send emails and I have to wait 5 business days or longer for any assistance. Let a professional handle your small business books. Additional terms and restrictions apply; See. Refund claims must be made during the calendar year in which the return was prepared. Enrollment restrictions apply. Get access to thousands of fee-free ATMs near you to withdraw money on the go.4Go to disclaimer for more details. H&R Block created Spruce to address this gap and bolster financial inclusion by helping people build healthy financial habits every day. Minimum balance of $5,000 required to open account and obtain the APY. When you use Spruce, its easy to set and monitor your progress toward financial goals. More information is available at sprucemoney.com. 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. 2022 HRB Tax Group, Inc. Additional time commitments outside of class, including homework, will vary by student. Comparison based on regular price for standard paid DIY products on turbotax.com as of 3/1/2023. Check the Spruce app for offer availability. Spruce is a financial technology platform that combines the best features of leading neo-banks with H&R Blocks trusted brand, our 66-year history, and the insights weve gained from helping millions of customers every year. See, Important Terms, Conditions and Limitations apply. Depends on timing of the IRS's payment file. This is a separate service from your Spruce bank accounts, provided by Pathward, N.A. Valid at participating locations only. Additional fees, terms and conditions apply; consult your, For a full schedule of Emerald Card fees, see your. H&R Block Free Online is for simple returns only. 6 Courtesy Coverage is only available for purchase transactions, ATM withdrawals, and over-the-counter withdrawals using the Spruce debit card. 5 Stars. Additional training or testing may be required in CA, OR, and other states. 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. Bank products by Pathward, N.A., Member FDIC. How Do I Contact Spruce? Minimum monthly payments apply. 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. Neither H&R Block nor Pathward charges a fee for Emerald Card mobile updates; however, standard text messaging and data rates may apply. Is this a joke ?? Interest will be compounded and credited quarterly. Spruce Spending and Savings Accounts established at, and debit card issued by, Pathward, N.A., Member FDIC, pursuant to license by Mastercard. Rince and repeat. . Void where prohibited. My only real complaint is there isnt a specific section to see my pending deposits they kind of just show up (unless I havent found where to see that information yet). Loans are offered in amounts of $250, $500, $750, $1,250 or $3,500. Bank products by Pathward, N.A., Member FDIC. We also get your email address to automatically create an account for you in our website. What Does It Offer? 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 2 Other fees apply for certain uses of the Spruce debit card and accounts. * Offer from H&R Block. Spruce Spruce is a mobile banking app, built by H&R Block with bank products provided by Pathward, N.A. Thank you! The bottom line: Spruce is a solid mobile banking platform that doesn't charge monthly fees. Somehow I ended up with this Speuce account with no card and my taxes are just sitting. State e-file not available in NH. There is a $3 fee at other ATMs, plus any additional fee charged by the ATM operator. Every time I try I get a message that reads "Something went wrong, it's not you, it's us" the website/help center refers you to a phoneline, but the phoneline refers you back to the website. 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. Apple and the Apple Logo are registered trademarks of Apple Inc. Google Play and the Google Play logo are trademarks of Google LLC. from the Google Play Store and. 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. State e-file not available in NH. Fees for other optional products or product features may apply. out Literally. Spruce Spending and Savings Accounts established at, and debit card issued by, Pathward, N.A., Member FDIC, pursuant to license by Mastercard. No luck, it's pulling the exact same thing. Valid at participating locations only. Audit services constitute tax advice only. 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. Spruce is a new fintech platform created by the tax preparation company H&R Block. This is a HUGE security risk and the first red flag !! Faster access to funds is based on comparison of traditional banking policies for check deposits versus electronic direct deposit. Not safe, not secure and no one can really help you. H&R Block is banking on a new service called Spruce to offer its tax clients banking options at tax time. BIG MISTAKE !!! Pathward does not charge a fee for this service; please see your bank for details on its fees. ^ Does not change IRS refund processing speed. 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 perks include automatic cash back and early direct deposit. Spruce demonstrates how H&R Block continues to expand into key adjacencies, such as fintech, and is one more way in which the company is helping customers achieve year-round financial confidence. 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. A qualifying expected tax refund and e-filing are required. Personal state programs are $39.95 each (state e-file available for $19.95). 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. Take a photo of the back of the check. File yourself or with a small business certified tax professional. Bank products by Pathward, N.A., Member FDIC. 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. 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. Get the latest on H&R Block news directly to your inbox. Year-round access may require an Emerald Savingsaccount. See. 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. Minimum monthly payments apply. Read our editorial standards. See your. Its accounts come with several special perks like cash-back rewards and early direct deposit. Well you can add money to spruce but good luck getting any money out of spruce. Spruce is a financial technology platform built by H&R Block, which is not a bank. It does nothing !! For more information, visitH&R Block Newsor follow@HRBlockNewson Twitter. 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. 2022 HRB Tax Group, Inc. H&R Block Emerald Prepaid Mastercard is issued by Pathward, N.A., Member FDIC, pursuant to license by Mastercard. Having an ITIN does not change your immigration status. Spruce Spending and Savings Accounts established at, and debit card issued by, Pathward, N.A., Member FDIC, pursuant to license by Mastercard. No one can help me or give me information. 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. State e-File for business returns only available in CA, CT, MI, NY, VA, WI. Negative balances are limited to $20 and must be repaid within 30 days. So whatever the problem is, it's on y'all's end. Emerald Card Retail Reload Providers may charge a convenience fee. FICOis a trademark of Fair Isaac Corporation. Deposit your federal tax refund into your Spruce account and you could get it up to 5 days early. how about NO !! This doesnt influence our evaluations or reviews. Let us know. Sophia joined Insider in July 2021 and is an alumna of California State University Fullerton where she studied journalism and minored in political science. Line balance must be paid down to zero by February 15 each year. And, for a limited time, you'll get a $50 bonus when you receive qualifying direct deposits. Tap "Deposit checks" and choose the account where you want your deposit to go. Spruce is a mobile banking platform built by H&R Block, with banking products provided by Pathward. Chase's website and/or mobile terms, privacy and security policies don't apply to the site or app you're about to visit. accountholder must receive $200 in qualifying deposits over the relevant 35-day period and opt in. Its like its disabled ?? Some steps to deposit an online check may include: Sign into your selected banking mobile app. 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. The perks include automatic cash back and early direct deposit. We connect to your payroll provider, and you choose how much you'd like to deposit into Spruce each time you get paid.The next feature is the Watchlist, a quick and easy way to track your month-to-date spending by category. 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. 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. The H&R Block Emerald Prepaid Mastercard program provides clients quick and convenient access to their tax refund. FRA2. 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. Customer service is available over-the-phone or online from 5 a.m. to midnight CT. We usually include ratings from the Better Business Bureau to help indicate how a business deal with customer issues and handles transparency. Though H&R Block isnt a bank, Spruce has an array of mobile banking capabilities supported by Pathward, N.A. A 0% interest loan of up to $3,500 received within minutes of filing, if approved. 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. Spruce isnt totally fee-free, however. Spruce fintech platform is built by H&R Block, which is not a bank. 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. The Spruce mobile banking app can be downloaded in app stores. See how Spruce makes security a top priority. I decided why not and filed my taxes to get my direct deposit into my new spruce account. Consult an attorney for legal advice. It gets worse from there.. You can use these tools to build (or rebuild) your credit on your own terms. Earn cash back when you spend at select retailers. White Collar criminals. Member FDIC. The Spruce mobile banking app can be downloaded in app stores. All Rights Reserved. See Spending Account Agreement for details. Additional training or testing may be required in CA, OR, and other states. All deposit accounts through Pathward are FDIC insured. Are There Any Fees? Spruce fintech platform is built by H&R Block, which is not a bank. 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. H&R Block Maine License Number: FRA2. Fees apply. See www.SpruceMoney.com/feesfor details. **Go to disclaimer for more details, Claim your $50 bonus when you receive qualifying direct deposits to your Spruce account. CAA service not available at all locations. See Spruce Rewards powered by Dosh Terms for details. We're back with some exciting additions and updates to Spruce! 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 The Spruce mobile banking app includes nudges to help users set personalized savings goals and keep. All tax situations are different. State e-File for business returns only available in CA, CT, MI, NY, VA, WI. Spruce is a mobile banking platform that doesnt come with any monthly fees. 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). Copyright2022-2023 HRB Digital LLC. I downloaded the app and applied for account. What you'll get: $20 Bonus Eligible account: Spruce Spending and Savings Account Availability: Nationwide Credit Inquiry: Hard Pull or Soft Pull? You can file your return and receive your refund without applying for a Refund . Spruce is a Mobile Banking App and includes a Debit Card with Benefits. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated. Id recommend spruce to my friends and family who want to get ahead of their finances, have early direct deposits, etc;. . The best part is my tax return wasnt suppose to be direct deposited until 02/22, however it came EARLY!! Two-thirds of the U.S. population struggle with one or more aspects of their finances, including spending, saving, and planning. You may prefer Spruce to the other banking platforms if you'd like to get cash back on some purchases. 00), using the mySpruce app, or by visiting the Spruce kiosk at one of our partner locations. 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. Spruce is a Mobile Banking App and includes a Debit Card with Benefits . E-file fees do not apply to NY state returns. 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Credit Repair Explained: Should You Pay For Help? * No monthly fees. 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 ?? State e-file not available in NH. About H&R BlockH&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. Conditions apply. MetaBank works to increase financial availability, choice, and opportunity for all. Tax Audit & Notice Services include tax advice only. Refund Transfer is a bank deposit product, not a loan. 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). Millions of Americans do not have adequate banking solutions which makes it more difficult for them to maintain financial stability. A separate agreement is required for all Tax Audit & Notice Services. Enroll in direct deposit to get your paycheck earlier2Go to disclaimer for more details than you normally would. Limited time offer at participating locations. 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. Additional time commitments outside of class, including homework, will vary by student. January 20, 2022 08:00 ET Interest calculated on current balance at day of deposit. A Power of Attorney may be required for some Tax Audit & Notice Services. You can file your return and receive your refund without applying for a Refund Transfer. Were sorry for the issue you encountered with Spruce, and wed like to help. 2 Get a $50 bonus when you receive qualifying direct deposits. You don't want to lose it. State e-file not available in NH. Spruce is the mobile banking app for you. 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. 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. Never even asked for this and here I am with no insight on when Ill be able to access the money. A Red Ventures company. Credit score is FICO Score 8 based on Experian data. See. Amended tax returns not included in flat fees. And the lady I spoke with, didnt even have the ability to close down my account ?!?! Spruce fintech platform is built by H&R Block, which is not a bank. All Rights Reserved. Available only at participating H&R Block offices. Terms and conditions apply; see. We appreciate it and you for being a part of the Spruce community. To be eligible, accountholder must receive $200 in qualifying deposits over the relevant 35-day period and opt in. Additional qualifications may be required. Spruce fintech platform is built by H&R Block, which is not a bank. All tax situations are different. Once the transaction settles, youll receive the difference in your Savings account. From paying for school to buying a car, Spruce also has options to set up automatic transfers towards savings. 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. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated. Additional terms and restrictions apply; See. Spruce has some other key benefits. All Rights Reserved. She is also a Certified Educator in Personal Finance (CEPF). 6 Courtesy Coverage is only available for purchase transactions, ATM withdrawals, and over-the-counter withdrawals using the Spruce debit card.