About Refund Advance

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About Refund Advance

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.

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. You'll receive a physical card in the mail in 5-10 business days (this doesn't include Saturday, Sunday, and official holidays).

Your remaining federal and entire state refund (minus any agreed upon fees) will be deposited to your Turbo Card when the IRS or state tax authorities distribute your refund (usually within 21 days from IRS acceptance).

You may have the opportunity to apply for a no-fee Refund Advance.

If you apply for a Refund Advance, your application will need to be approved by First Century Bank, N.A. before you can receive your advance. You will also need to be approved for a Turbo Visa Debit Card.

You will be able to select Refund Advance in the Your Refund info step of the File section. The Turbo Visa Debit Card option does not include a Refund Advance.

You must completely fill out your tax return, including entering your tax forms (like a W2 or a 1099), before you can apply for Refund Advance. You cannot apply for Refund Advance after you file your taxes.

You can receive a 0% APR loan equal to a portion of your tax refund, up to $4,000, in one of ten amounts ($250, $500, $750, $1,000, $1,500, $2,000, $2,500, $3,000, $3,500, $4,000) with $0 loan fees1.

There are no loan fees and 0% APR for obtaining a Refund Advance1.

The amount of your refund advance will automatically be deducted from your tax refund (along with any other agreed upon fees) when it’s received from the IRS1

1Important offer details and disclosures

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