What is MetaBank refund?
The Refund Transfer is an optional tax refund-related product offered by MetaBank®, N.A., Member FDIC. ... The amount of the loan and applicable interest will be deducted from tax refunds and reduce the amount that is paid directly to the taxpayer. Fees for other optional products or product features may apply.
How does refund Advantage work?
Customers will receive their federal tax refund proceeds once the IRS has funded to Refund Advantage. ... Once the IRS or State issues the tax refund, the proceeds less refund advance loan and all appropriate fees will be disbursed in the method chosen by the taxpayer.
How long does it take to get the refund advance?
If approved, your Refund Advance could be deposited into your checking account within 1 hour after the IRS accepts your return¹. You may access your funds online through a virtual card and your physical Credit Karma Visa®️ Debit Card should arrive in 7-14 days.
What tax preparers use MetaBank?
MetaBank also provides a variety of services to H&R Block and Jackson Hewitt. If you are a taxpayer who has a question about a product you received from H&R Block, please visit hrblock.com or call 1-866-353-1266.
What is a refund Advantage check?
The Refund Advance is an optional tax-refund related loan provided by MetaBank, N.A., Member FDIC (it is not the actual tax refund) at participating locations. Program availability and loan amounts may vary based on state and software provider.
Who is offering refund advance?
The Refund Advance is a no-interest loan that is repaid with your tax refund. It's available from Jan. 4, 2022 to Feb. 28, 2022, to H&R Block clients by MetaBank®, N.A. Member FDIC, and available in five loan amounts ($250, $500, $750, $1,250, $3,500).
What is EPS refund?
EPS Tax is a refund transfer product that allows you to pay your tax preparer their preparation fees with your tax refund.
Why would my refund advance be denied?
Examples of federal debts that might trigger offsets include federal income tax delinquencies and student loan defaults. States can also ask IRS to intercept, or offset, federal tax refunds for state tax obligations or money owed to state agencies: this includes child support arrears.