How do i know if I'm eligable for the advance retu...
Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
TurboTax has you covered during Covid. Get the latest second stimulus info here.
cancel
Showing results for 
Search instead for 
Did you mean: 
New Member

How do i know if I'm eligable for the advance return

 
2 Replies
Employee TurboTax Specialist

How do i know if I'm eligable for the advance return

For over 98.5% of people approved, you'll get your Refund Advance typically within a day (or 24 hours) of IRS acceptance. The IRS will begin accepting e-file returns on February 12, 2021. When your Refund Advance funds are ready you'll receive an email with a virtual Turbo® Visa® Debit Card that you can use to make purchases online. For more information on the TurboTax Refund Advance, please see the FAQ provided below:

 

About Refund Advance

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
Level 15

How do i know if I'm eligable for the advance return

While completing your taxes with TurboTax®, you will have the opportunity to apply for a Refund Advance provided by First Century Bank, N.A. Member FDIC on a Turbo® Visa® Debit Card issued by Green Dot Bank, Member FDIC. If eligible and approved for the loan, you will receive a $0 fee, 0% APR loan equal to a portion of your anticipated refund in one of ten amounts: $250, $500, $750, $1,000, $1,500, $2,000, $2,500, $3,000, $3,500, $4,000. This offer is available until February 15, 2021.

 

 

Now once you apply for the advance 98.5% of the people will actually be approved for the advance ... but you first must be eligible ... you must be offered the option ... you cannot opt in.  

Dynamic Ads
v
Privacy Settings