How to Spend Your Tax Refund

Editor’s Note: While our Refund Advance loan offer has ended, you can still read about the benefits of working with our Tax Pros to get your taxes won with H&R Block.


Finding out that you have a tax refund coming is welcome news. Who doesn’t love money? You’ve probably got big plans for those bucks once your refund comes.

If you’re like many Americans, you may be planning to spend your tax refund on:

  • Paying down debt. Paying off credit cards, student loans or other debt can take time, but it’s a smart financial move to make. Using your tax refund to pay off debt can help you take a sizable bite out of what you owe. The quicker you can manage your debt, the easier it will be to tackle your other financial goals.
  • Taking care of home or car repairs. Fixing that leaky sink or worn-out tires? Whether it’s something you’ve been meaning to do or preventative maintenance, upkeep for your home or car can quickly derail your budget.
  • Making a special purchase. You might have your eye on something new for you or your family, such as a new TV or a computer for your kids to do homework.

H&R Block Has Got Your Back

At Block, we know it’s important for you to get your maximum refund amount. Our Tax Pros are dedicated to uncovering every credit and deduction, so you get back every dollar you deserve.Disclaimer number84. Scroll to bottom of page.

What About a Tax Refund Advance?

Imagine if a tax refund advance  would have meant you didn’t have to wait for money?

You could have turned your plans into reality sooner with a Refund AdvanceDisclaimer number109. Scroll to bottom of page. interest-free loan of up to $3,000 when you filed your taxes at an H&R Block Office. How much sooner? Approved applicants could have received money the day they file.

You would not have needed to return to our offices to access the funds. If you were approved, we simply texted or emailed you the amount and load your Refund Advance to an H&R Block Emerald Prepaid Mastercard®.Disclaimer number110. Scroll to bottom of page. That means you had a convenient way to access your Refund Advance loan proceeds anywhere Debit Mastercard® is accepted.

The Refund Advance loan was offered in varying increments enough to help you cover a variety of expenses while waiting for the IRS to issue your refund.



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