Taxpayers may receive the FastCashADVANCE by cashier's check or Green Dot Card Tax Time Edition Prepaid Visa debit card.
Taxpayers that ask to receive their money on a Green Dot card will leave the tax professional’s office with a Green Dot card in hand. Funds for the advance amount will be loaded onto the taxpayer’s card upon advance approval. Remaining tax refund proceeds will be loaded onto the card upon IRS and/or state funding.
Taxpayers that ask to receive their money by cashier's check must return to your office to pick up a check which is printed at the tax professional's office. Remaining tax refund proceeds will be issued by a check printed out of the tax professional's office upon IRS and/or state funding.
Because the card is offered in-office taxpayers will receive one generic instant issue Green Dot card before they leave the tax professional’s office, and a personalized card will be printed in the name of the primary taxpayer and mailed to the residence of qualified taxpayers. The spouse can request a second personalized card through the Green Dot website once the initial card has been received.*.
How can a taxpayer access funds on the cards without incurring any fees?
The Green Dot Card offers numerous convenient methods for consumers to access their funds at no cost to the consumer. Purchase transactions are free, and the first ATM withdrawal is free. Once money is loaded on the card, there is no monthly fee for the following 30 days***.
The Green Dot Tax Time Edition Card has higher daily withdrawal limit of $1,500 to accommodate the unique needs of taxpayers during the tax season.
Taxpayers can always shop online or in retail locations using their card and can withdraw cash at many retail locations after making a purchase. Additionally, they can pay their bills or transfer money to others, again at no cost whatsoever.***
Do I have to request the Green Dot Cards?
Green Dot Cards will be shipped to tax professionals that have opted-in to FastCashADVANCE with card volume based primarily on prior year Refund Transfer (RT) volume. New clients will provide prior year RT volume upon enrollment. If card inventory is depleted during tax season, additional cards can be ordered through our website.
*A second card fee of $4.95 may apply.
***First monthly billing cycle lasts for 30 days and begins on the date the first funding is applied to the card. It will be assessed on the last day of the first monthly billing cycle and each month thereafter.
***Monthly and other fees apply. See card package for details.
Fast Cash Advance is provided by First Century Bank, N.A., Member FDIC, not affiliated with TPG. Separate fees apply if the taxpayer selects a Refund Transfer. A Refund Transfer is not required for the Fast Cash Advance. Not all consumers will qualify for a loan or for the maximum loan amount.