@mrkprrt23 - i get what you are saying, but think about it this way....and it's the way i see it after reading the SBPTG website and a part of the contract that someone posted on this community board.
if you want TT to withhold the fees from the refund, it appears to be set up to flow to SBPTG first so that they guarantee that TT gets the fees before the taxpayer gets the rest of the refund. Sure, YOUR account is set up in advance but you don't see the money until after the fees are withheld. THE IRS WAS INSTRUCTED TO SEND THE MONEY TO a bank account at SBPTG and SBPTG's 'checking account' is at Greendot (SBPTG is a non-banking sub of Greendot).. Once the fees were removed, the rest of the money was put on a card that SBPTG gave you but the money is at Greendot as they are FDIC insured. SBPTG is not a bank and not FDIC insured
The only instruction that the IRS had was to send the refund (not talking about the stimulus rebates) to SBPTG. And if you read SBPTG's FAQ that they posted today they state that anyone who received a card via them WILL RECEIVE A CHECK from the IRS related to the stimulus! because they don't want all these 000's of rebates to come to them as they were not hired to be the conduit for that - only to be the conduit for the fees from the tax returns themselves!
that is the way I see it and the proof for all of us will be in a few days when the direct deposits occur,
