It’s tax season again. And if you are like most Americans you can’t afford to wait several weeks to get your tax refund check in the mail. If you have a prepaid card there is good news. You can use the direct deposit function on your prepaid card to receive your IRS tax refund faster than with a check, based on IRS stated time frames for receipt of tax refund after determination that refund is owed.
To cut your wait time from weeks to just a few days all you have to do is follow a few simple steps and you will be all set to receive your tax refund directly onto your prepaid card.
How do I load my tax refund onto my card?
Locate your Account and Routing Number on the back of your prepaid card and add them to your tax form or provide them to your tax professional. You can also login to your online cardholder portal or call customer service to get your account information.
Select “checking” as your refund type on your tax form. Also, be sure the name on your form matches your card. This is important because a tax refund can only be direct deposited into an account in your name.
Review your balance to see when your refund has arrived. Or using your online cardholder portal, set up email/ text alerts to get notified when the refund has been loaded onto your card.
It’s as easy as that.