Yes.
The IRS expects the earliest EITC/ACTC related refunds to be available in taxpayer bank accounts or debit cards starting February 28, 2023, if these taxpayers chose direct deposit and there are no other issues with their tax return.
This concerns only returns claiming the Earned income Tax Credit (EITC) and the Additional Child Tax credit (ACTC), but not those only claiming the Child Tax Credit (CTC).
Please read this IRS document for more information.