Legal DisclaimersSpruce fintech platform is built by H&R Block, which is not a bank. 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. Read our editorial standards. I decided why not and filed my taxes to get my direct deposit into my new spruce account. Personal state programs are $39.95 each (state e-file available for $19.95). 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). Theyre ridiculous and customer service is awful. Claim is based on making federal refunds available when payment instruction is received, which may be earlier than scheduled payment date. Comparison based on regular price for standard paid DIY products on turbotax.com as of 3/1/2023. LearnMore. Cash back rewards. Deposits that do not qualify are mobile check deposits, internal transfers, transfers within Spruce from external accounts, or cash transfers. Special cannot be part of TSB CD laddering package. Whatever youre saving for, set personalized goals, start adding money, and track your progress. Is this a joke ?? I first got this app and the card for my tax refund. Bank products and services are offered by Pathward, N.A. 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. . 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. I keep being told they have to send emails and I have to wait 5 business days or longer for any assistance. You can file your return and receive your refund without applying for a Refund . 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. Thanks for your feedback! You'll want to look elsewhere for earning interest on your account, though. Spruce Spruce is a mobile banking app, built by H&R Block with bank products provided by Pathward, N.A. ^ Does not change IRS refund processing speed. MetaBank has a B rating because it has 775 complaints filed against the business. You can use these tools to build (or rebuild) your credit on your own terms. May be changed or discontinued at any time. From the My Life page, budget your way and customize your Watchlist by adding categories important to you. Which is great because one of the benefits is direct deposits up 2 days early and I got it even sooner than that! and Ingo Money, Inc., subject to the Sunrise Banks and Ingo Money Service. Refund Transfer is an optional tax refund-related product provided by Pathward, N.A., Member FDIC. You don't need to be a client of H&R Block to become part of Spruce. All tax situations are different. Additional fees apply for tax expert support. We believe in a future with equitable access to easy and affordable banking. The perks include automatic cash back and early direct deposit. Approval and loan amount based on expected refund amount, eligibility criteria, and underwriting. H&R Block Maine License Number: FRA2. You could receive a $50 bonus and get paid two days early. Millions of Americans do not have adequate banking solutions which makes it more difficult for them to maintain financial stability. 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. H&R Block Free Online is for simple returns only. 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. Please drop us a line at solutions@sprucemoney.com so we can investigate this issue further. Data privacy and security practices may vary based on your use, region, and age. 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. Our experts answer readers' banking questions and write unbiased product reviews (here's how we assess banking products). This is a separate service from Spruce Spending and Savings accounts provided by MetaBank, N.A., Member FDIC. Your lender or insurer may use a different FICO Score than FICO Score 8, or another type of credit score altogether. Cash back earned by qualifying purchases will be deposited in the Spruce Savings Account. Took 1 week to get my money back. *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. CAA service not available at all locations. 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. 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. Millions of Americans do not have adequate banking solutions which makes it more difficult for them to maintain financial stability. Additional fees, terms and conditions apply; consult your, For a full schedule of Emerald Card fees, see your. Most personal state programs available in January; release dates vary by state. 2nd red flag !! Spruce is the mobile banking app for you. Approval and loan amount based on expected refund amount, eligibility criteria, and underwriting. 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. No credit check to apply. Provide basic information: Be prepared to provide your email address, name, and phone number. No one can help me or give me information. 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. Spruce is a mobile banking app to help you make the most of your tax refund, get paychecks up to two days early1Go to disclaimer for more details, and earn cash back rewards at select retailers.0Go to disclaimer for more details Get a $50 bonus when you receive qualifying direct deposits. You dont have to take our word for it (or H&R Blocks). Are There Any Fees? Negative balances are limited to $20 and must be repaid within 30 days. The perks include automatic cash back and early direct deposit. 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. Negative balances are limited to $20 and must be repaid within 30 days. Simple steps, easy tools, and help if you need it. White Collar criminals. An ITIN is an identification number issued by the U.S. government for tax reporting only. Direct Deposit Required: Yes Most personal state programs available in January; release dates vary by state. A Power of Attorney may be required for some Tax Audit & Notice Services. Void where prohibited. To do this, many or all of the products featured here may be from our partners. Consider reading online customer reviews or talking to customers to see if Spruce Banking might work for you. 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. A qualifying expected tax refund and e-filing are required. 2023 Money Crashers, LLC. Pricing varies by location. See Spending Account Agreement for details. 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. Spruce fintech platform is built by H&R Block, which is not a bank. At which point it takes me right back to the log in screen. See www.SpruceMoney.com/fees for details. Original supporting documentation for dependents must be included in the application. Saving goals. While we do our best to keep these updated, numbers stated on this site may differ from actual numbers. Signing up for Spruce was easy, learning my way around the app was quite easy as well. 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. All three banking platforms require no minimum opening, deposit, or monthly fees. See, Important Terms, Conditions and Limitations apply. Well help you understand the factors that make up your credit score, show how youre doing in each area, and give you tips that could help bring up your score.5Go to disclaimer for more details, Get up to $20 in overdraft coverage when you enroll in direct deposit and activate Courtesy Coverage.6Go to disclaimer for more details. Its accounts come with several special perks like cash-back rewards and early direct deposit. 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. Meanwhile, its super-simple savings goals and automatic Round Up features make it easy to save for the future. how about NO !! See. Spruce fintech platform is built by H&R Block, which is not a bank. Here's how Spruce. However, the Spending and Savings accounts are FDIC insured through Spruce's. State e-File for business returns only available in CA, CT, MI, NY, VA, WI. Bank products and services are offered by Pathward, N.A. Were sorry for the issue you encountered with Spruce, and wed like to help. The student will be required to return all course materials. ~ Courtesy Coverage only available for purchase transactions, ATM withdrawals, and over-the-counter withdrawals using your debit card. Here's a list of US bank holidays for 2023, These banks and credit unions allow you to exchange foreign currency at a branch, over the phone, or online, Four reasons why your debit card might be denied even when you have money. This is an optional tax refund-related loan from Pathward, N.A. 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. Fees apply to Emerald Card bill pay service. TurboTax is a registered trademark of Intuit, Inc. 2023 NerdWallet, Inc. All Rights Reserved. Pay yourself when you spend and round up to the nearest dollar. How Do I Contact Spruce? Minimum monthly payments apply. These are the most notable: No fintech app is perfect. Conditions apply. The developer provided this information and may update it over time. And the lady I spoke with, didnt even have the ability to close down my account ?!?! Enrollment restrictions apply. Available only at participating H&R Block offices. All Rights Reserved. You must opt in and meet ongoing requirements to qualify: Spruce makes it easy to set and track savings goals right in the app. NEW OFFER! No sign-up fees. 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Credit Repair Explained: Should You Pay For Help? 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. 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. Justuseapp.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. Tap "Deposit checks" and choose the account where you want your deposit to go. Dont do itI never asked HRBlock to give me this card, I never wanted it, I provided them my actual routing and account number. All tax situations are different. 2023 Bankrate, LLC. The Spruce mobile banking app includes nudges to help users set personalized savings goals and keep them. Tax Audit & Notice Services include tax advice only. MetaBank works to increase financial availability, choice, and opportunity for all. Valid at participating locations only. Were sorry for the issue you encountered with Spruce, and wed like to help. (member FDIC). Banking services provided by The Bancorp Bank or Stride Bank, N.A., Members FDIC. What Does It Offer? State restrictions may apply. $50 will be deposited within 14 business days after completing all requirements. And, for a limited time, you'll get a $50 bonus when you receive qualifying direct deposits.Here's how Spruce can help you be good with money:- No sign-up fees, no monthly fees, no credit check, and no minimum balance required. No minimum balance. Personal state programs are $39.95 each (state e-file available for $19.95). 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 fintech platform is built by H&R Block, which is not a bank. H&R Block, Bankrates 2023 winner for Best Overall Online Tax Filing Software. She is based in Los Angeles. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Are you a journalist or member of the media with a question or request? 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. 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. Void where prohibited. Bank deposit accounts, such as checking and . *Go to disclaimer for more details. See Spruce Rewards powered by Dosh Terms for details. We strive to write accurate and genuine reviews and articles, and all views and opinions expressed are solely those of the authors. May be modified or discontinued at any time. See Spruce Rewards powered by Dosh Terms for details. 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. Enroll in direct deposit to get your paycheck earlier2Go to disclaimer for more details than you normally would. We believe in a future with equitable access to easy and affordable banking. A passport that doesnt have a date of entry wont be accepted as a stand-alone identification document for dependents.