![]() Offer, eligibility, and availability subject to change without further notice. This Refund Advance offer expires on February 15, 2024, or the date that available funds have been exhausted, whichever comes first. ![]() Availability of the Refund Advance is subject to satisfaction of identity verification, certain security requirements, eligibility criteria, and underwriting standards. Refund Advance is a loan based upon your anticipated refund and is not the refund itself. If you are receiving a federal refund of $500 or more, you could be eligible for a Refund Advance, a loan provided by First Century Bank, N.A., Member FDIC, not affiliated with MVB Bank, Inc., Member FDIC. ![]() † Loan details and disclosures for the Refund Advance program: Person to person transfers, transfers from one account to another or from other financial institutions, tax refunds and Instant Transfers (including Instant Transfers for Earned Wage Access) are not considered direct deposits. Visa terms and conditions apply.įor direct deposit: Direct deposit(s) are electronic deposits of compensation for services (such as payroll, salary, or government benefits) made into your Credit Karma Money Spend account. If your score increases over 619, you may no longer see these prompts.Ħ – Credit Karma Visa® Debit Card issued by MVB Bank, Inc., Member FDIC, pursuant to a license from Visa U.S.A. Members with a TransUnion credit score is 619 or below at the time of application may be promoted to apply for Credit Builder. Credit Builder is serviced by Credit Karma Credit Builder. Credit Builder plan requires you to open a line of credit and a savings account, both provided by Cross River Bank, Member FDIC. Your connected paycheck or direct deposit(s) must be received in the 2 calendar months prior to application or within a calendar month 90 days after application submission to activate your plan. Please see Credit Karma Money Spend Account Terms & Disclosures for more information.Ĥ – Fees may apply for ATM transactions outside this network.ĥ – Connecting a paycheck or direct depositing a one time total of at least $750 in a single calendar month is required for activation. Refund Advance is a loan provided by First Century Bank, N.A., Member FDIC, not affiliated with MVB Bank, Inc., Member FDIC.ģ – Third-party fees may apply. Maximum balance and transfer limits apply. You could get funds in seconds, most customers receive funds within 4 minutes of acceptance.Ģ – Banking services provided by MVB Bank, Inc., Member FDIC. So please - sit back, relax and enjoy the season knowing that your Refund Advance is at your fingertips with TurboTax.ġ – IRS accepts returns starting late-Jan. Once you’re approved for Refund Advance, and the funds have been deposited in your checking account with Credit Karma Money, you can start spending right away wherever Visa(R) is accepted by adding your virtual debit card to your mobile wallet. Once the IRS processes your return, the remainder of your refund (minus the Refund Advance loan amount and any TurboTax fees, if applicable) will be loaded into your Credit Karma Money checking account – this is typically within 21 days.You may access the funds immediately online through a virtual card 6 after you add it to your mobile wallet and your physical debit card with Credit Karma Money should arrive in 7-14 days. If approved, your Refund Advance could be deposited into your checking account instantly after the IRS accepts your return 1. Simply open a checking account with Credit Karma Money in TurboTax.Before you finish filing, choose Refund Advance † for your refund option.Here’s how to apply for the TurboTax Refund Advance: ![]() Furthermore, TurboTax has joined forces with our partner, Credit Karma, so that your Refund Advance is quickly delivered into a free-to-open, Credit Karma Money™ checking account 2 that comes with many benefits including, no minimum account balance fees 3, no ATM fees at 55,000 Allpoint® locations nationwide 4, Credit Builder 5 for low credit score customers, and more. You may be wondering, how can TurboTax do this at no-cost? Simply put, this is just one of the many perks TurboTax offers exclusively to our customers. This year you can get up to $4,000 with $0 loan fees and 0% APR. If you file with TurboTax Online, while Refund Advance is still available, and have a Federal refund of at least $500 and meet other eligibility requirements, you may be able to get a Refund Advance instantly after IRS e-file acceptance 1.
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