H&R Block Refund Advance FAQs
Refund Advance is a no-interest loan that is repaid with your tax refund. Apply between Jan. 2, 2024 and Feb. 29, 2024. If approved, a loan will be issued in one of five amounts ($250, $500, $750, $1,250, $3,500). Refund Advance is a loan issued by Pathward®, N.A., Member FDIC; it is not your tax refund.
The Refund Advance loan is available in participating H&R Block offices beginning Jan. 2, 2024 through Feb. 29, 2024.
Not available for H&R Block Online or H&R Block Online’s Tax Pro Review.
The Refund Advance loan is a 0% APR loan. There is no interest and no loan fees charged for the Refund Advance loan. Fees for other optional products or product features may apply.
You first must meet certain eligibility requirements such as e-filing a tax return at a participating H&R Block office, expecting a sufficient refund by the IRS and provide appropriate identification.
You then submit an application to Pathward®, N.A., the lender. The bank will evaluate your application based on standard underwriting criteria and makes the decision to approve or deny your application.
No. The bank may review your credit report as part of your application, but the review will not impact your credit score.
If your application is approved, in most cases the funds will be available the same day you apply for the Refund Advance loan.
No, the only disbursement options for the Refund Advance loan proceeds are the Emerald Card and a Spruce account. Emerald Card and Spruce allow a one-time transfer of funds by check or automated clearing house (ACH) from your Emerald Card or Spruce account for no fee.
You will choose a method of repayment at the time of tax preparation. They include the following:
Refund Transfer: The loan will be repaid from your Refund Account, along with tax preparation fees and other amounts you authorize. The remaining funds will be delivered via the disbursement method chosen during tax preparation — Emerald Card, Spruce account, direct deposit, or check. (It is not required to purchase a Refund Transfer to apply for or receive the Refund Advance; it is entirely optional.)
Repayment Account: If you do not select a Refund Transfer, you direct the loan to be repaid from your Refund Account and the remaining amount will be loaded to your Emerald Card or Spruce account. There is no cost for the Repayment Account.