Emerald Advance® Loan is a fixed-rate short term loan ranging from $350 to $1,300 that must be repaid in full on or before March 31, 2025.

Interest: The Annual Percentage Rate (“APR”) is 35.90%.

Late fee: If the loan is not paid in full within 14 days of its due date of March 31, 2025, the account will be charged a $30 late fee and additional interest.



Other fees: Additional fees may apply to the use of your Emerald Card® or Spruce account, as outlined in the respective Account Agreements.

Your Emerald Advance Loan funds can be loaded onto an Emerald Card or deposited into your existing Spruce Spending Account. You can use funds for emergency expenses, shopping, medical bills, and more.

To be eligible, you must:

• Be at least 18 years of age (19 if a resident of Alabama or Nebraska)
• Have a physical address in the United States
• Provide a valid, US government-issued photo ID
• Provide proof of income such as a paystub, bank statement or award letter, dated within the past 31 days
• Have an active e-mail address and access to a mobile device to setup your MyBlock account

No, you are not required to file your taxes with H&R Block to be approved for a loan.

To apply, make an appointment at a participating H&R Block location during the offer period. You will meet with an associate who will guide you through the application process.

You are welcome to walk into a participating office, but you may experience a long wait time. Starting Oct. 17, 2024, you can schedule an appointment time that’s convenient for you during the Nov. 1-Dec. 31 application window.

To apply, you'll need to bring your valid government-issued photo ID and a copy of your most recent pay statement or other proof of current income dated within the past 31 days.

No, a valid Social Security Number is required to apply.

Loan amount and approval are based on assessment of your creditworthiness. Both credit and non-credit information, such as credit history and ability to repay, are considered in the loan decision.

No, though you can apply for an Emerald Advance Loan at an H&R Block retail office, H&R Block is not the lender.  The Emerald Advance Loan is originated by Pathward®, N.A., who is the lender.

Income verification is a component of loan underwriting and helps the lender determine that the loan amount you request is affordable and that you have the ability to repay.

No. Emerald Advance® Loans are individual loans and co-borrowers are not allowed.

There is no impact to your credit to check for a prequalified offer. However, if you are approved and take a loan, the loan information will be reported to one or more credit bureaus, which may impact your credit score.

You can request and review your free report by visiting www.annualcreditreport.com.

No, collateral is not required. The Emerald Advance® Loan is an unsecured loan.

Of course!  You will be able to review important loan details, such as the APR, pre-qualified amount, and estimated loan payment, before you finalize your application.

If your loan application is approved and you accept the loan offer, you will have the opportunity to select how you would like to receive your loan funds.

We can:

• Load funds onto a new or existing Emerald Card
• Deposit funds into your existing Spruce Spending Account