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How can clients receive Fast Cash Advance?

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Taxpayers may receive the FastCashADVANCE* by cashier's check, direct deposit or Green Dot Prepaid Visa® Card**.

Taxpayers that ask to receive their money on a Green Dot Prepaid Visa Card will leave the tax professional’s office with a Green Dot Prepaid Visa Card in hand. Funds for the advance amount will be loaded onto the taxpayer’s card upon loan 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.

Personalized Card

Because the card is offered in-office taxpayers will receive a Green Dot Prepaid Visa 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. 

How can a taxpayer access funds on the cards without incurring any fees?

The Green Dot Prepaid Visa® Card offers convenient methods for consumers to access their funds at no cost to the consumer.

  • The first ATM withdrawal is free
  • Purchase transactions are free

Do I have to request Green Dot Cards?

Green Dot Prepaid Visa Cards will be shipped to tax professionals that have opted-in to FastCashADVANCE with card volume based on prior year Refund Transfer (RT) volume and FastCashADVANCE volume (if applicable). 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.

 

* Fast Cash Advance is an optional tax-refund related loan provided by First Century Bank, N.A., member FDIC (it is not the actual tax refund) and is available at participating locations. The amount of the loan and applicable interest will be deducted from tax refunds and reduce the amount that is paid directly to the taxpayer from the refund. Fees for other optional products or product features may apply, and will be disclosed at the time of application. Tax returns may be filed electronically without applying for this loan. Loans are offered in amounts from $500-$6,000 and are offered both pre–IRS acknowledgment of the tax return and post-IRS acknowledgment of the tax return. All loans have an Annual Percentage Rate (APR) of 39.95%. For example, for a loan of $2,000 with a repayment period of 30 days, the total amount payable in a single payment is $2,065.67 including principal and interest. Loans subject to the Military Lending Act have a lower rate. Not all consumers will qualify for a loan or for the maximum loan amount. Offer and terms subject to change at any time without prior notice.

Fast Cash Advance is an optional tax-refund related loan provided by First Century Bank, N.A., member FDIC (it is not the actual tax refund) and is available at participating locations. The amount of the loan will be deducted from tax refunds and reduce the amount that is paid directly to the taxpayer from the refund. Fees for other optional products or product features may apply, and will be disclosed at the time of application. Tax returns may be filed electronically without applying for this loan. Loans are offered in amounts of $500 and $1,000 and are offered upon IRS acknowledgment of the tax return. All loans have an Annual Percentage Rate (APR) of 0%. For example, for a loan of $1,000 with a repayment period of 30 days, the total amount payable in a single payment is $1,000.00. Not all consumers will qualify for a loan or for the maximum loan amount. Offer and terms subject to change at any time without prior notice.

** Must be 18 or older. Registration, online access, mobile number and identity verification is required to open an account and access all features. See Cardholder Agreement at GreenDot.com for fees, terms and conditions. Card issued by Green Dot Bank, Member FDIC, pursuant to a license from Visa® U.S.A., Inc. Visa is a registered trademark of Visa International Service Association. Green Dot Bank operates under the following registered trade names: GoBank, Green Dot Bank and Bonneville Bank. All of these registered trade names are used by, and refer to, a single FDIC-insured bank, Green Dot Bank. Deposits under any of these trade names are deposits with Green Dot Bank and are aggregated for deposit insurance coverage. ©2021 Green Dot Corporation.

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