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Level 3
January 14, 2020
Question

Question about refund advance

  • January 14, 2020
  • 48 replies
  • 197 views

So I have searched high and low for an answer and this is my last resort. 

I WAS offered the refund advance when I filed, and have set up the turbo card account per the e-mail instructions. Today I was emailed saying the IRS HAS ACCEPTED my refund. Now I've read 2 different things

1. The funds are available within an hour of acceptance (which it has been)

2. It can take up to 48 hours to receive the advance funds. 

 

So the questions are., Which is it one hour or 48? and if it's one hour who can I speak with about the finds not being available?

I used the free edition but I don't feel the extra money is worth the support for one question. 

48 replies

Level 13
February 3, 2020

Your approval is based on the size of your federal refund and your tax information, along with other factors. You may not receive the Refund Advance if one of these factors doesn’t meet the qualifying standards of the lender.

 

Please click the TurboTax Help link, listed below, to learn more.

https://ttlc.intuit.com/replies/6467221

 

Please click the TurboTax help link, listed below, to learn more about the Refund Advance process. https://ttlc.intuit.com/community/refunds/help/about-the-refund-advance-application-process/00/25557

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Level 2
February 3, 2020

I am filing a complaint with BBB and Kansas attorney general. I believe intuit is taking tax information and not e filing. I filed and have a customer confirma tion number as of 01 _30_2020 my forms have not been e filed as requested.They also have my bank  information for direct deposit. I will do this on 02-06-2020 may be a scam...

Level 2
February 4, 2020

Honestly, I did the refund advance and I wish that I hadn't.  They boast a bill pay feature, however they do not let you really enter in all of the necessary details and you have little to no assurance that the funds will go as scheduled.  You cannot simply use the bill pay website of your primary bill pay accounts to handle your bills as your card's routing instructions/account will be rejected.

 

They make it extremely difficult to access your own money unless you just want to use it at retailers.  It was great to get 750 out of my total refund within approximately a day, but the funds are basically hostage unless I want to go to a bank teller, withdraw it and pray that I do not get robbed going to my primary bank.

 

Further to bill pay, I have been on hold for over 20 minutes because I put through a 250 bill pay transaction that was cancelled without a reason ( I received an email telling me to log into my account for an explanation, and none was forthcoming).  I can still see the amount outstanding and the amount was debited from my account.  I have already sent several emails to turbocard/green dot bank without reply.  Seriously, go elsewhere and do not do refund advance unless/until turbo uses a different end custodian.

CassLO
Level 11
February 4, 2020

Typically within one hour of the IRS accepting your return, you will receive your first email regarding your refund advance.

 

Once the IRS accepts your e-filed return and if you are eligible and approved for Refund Advance (a 0% APR loan with $0 loan fees) and the Turbo Visa Debit Card, you will first

get a notice in 1 hour, to set up the account. Once the account is set up the money then hits the account w/in 48 hrs.

 

Related Information:

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Level 2
February 5, 2020

I need to cancel my Tax Refund due to needing to file as married. 

Level 2
February 6, 2020

SAME ISSUE here!!! funny!! I’ve talked to people at TurboTax, Greendot and First Century Bank and conveniently morning one knows the answer and everyone points fingers at each other. What’s the point of a refund advance if I don’t get it In the hour after my taxes were accepted like I was promised??? I think it’s a BIG scam. I received an email yesterday saying my card was on the way to me and an email today saying my card was being printed. Like really... which one is it??? I’m sure no one knows the answer to that either. I won’t use Turbo Tax again!!!

Level 2
February 6, 2020

I could be wrong but I think the IRS accepted your RETURN. I've never heard of the IRS accepting a REFUND. Once the IRS determines you are due, said funds should hit your account post haste. Side note. Most advances come with a fee. Kick back and relax. If you're due monies, they will get it to you. 

Level 2
February 6, 2020

Anyone else crying about their turbo card? Maybe you should read what it really says. And why on earth would you even think you would get money in 1hr? LMAO 
Bunch of cry babies!

Level 2
February 6, 2020

They gave me a advance refund of 10,000 dollars and its been 12 days and they don't know nothin.

they are trying to keep my money or give it to someone else.

Who should I call?

Who should I email? 

Who should I not talk to?

OMG!!! HAHA bunch of crybaby 21st century kids don't know anything. 

Spoiled and so emotional! It's sickening to mankind 

Level 2
February 6, 2020

I see you woke up on the wrong side of the Bed, just don't ever reach out for advice or help for you info I'm a 80's Baby I ain't with the internet sucker 💩

Level 2
February 6, 2020

As a reminder, your Turbo℠ Visa® Debit Card, issued by Green Dot Bank¹, will arrive soon. Although you were not approved for a Refund Advance, your refund amount, less any applicable fees and the cost of any products or services agreed to, will be loaded onto your card when the IRS or state tax authorities distributes your refund.

 

 

Does this mean i dont get a advance i have to wait for the full refund?

Level 2
February 7, 2020

I also e-filed they accepted it the 28 and was approved .my card is activated and I'm told u were pre approved the answer is no I was approved and I have yet to c any money period I'm a tad irate this is BS not to have the first penny out of 6000 give or take .That's why they call it an advancement.  I mean really wth. 

             Ty IRRATE

Level 2
February 9, 2020

I am in the same situation. Have you gotten your return funds yet? Mine have been approved for about a week and i got my turbo card in the mail 2 days ago. Still have a $0.00 balance