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What features does a Credit Karma Money™ Spend account offer?

SOLVEDby TurboTax337Updated January 13, 2023

When filing your taxes with TurboTax, you have the option to receive your federal and state refund via direct deposit with a checking account1 with Credit Karma Money™, also known as a Credit Karma Money™ Spend account.

Here are some of the features.

Credit Karma never charges fees.

No withdrawal fees. No inactivity fees. No annual fees. Free withdrawals at over 55,000 Allpoint® ATMs worldwide.3 

Early Payday

Get access to your paycheck up to 2 days earlier.4

Early Refund

When it’s time to file, have your tax refund direct deposited with Credit Karma Money™, to receive your funds up to 5 days early.6

5-day early program may change or discontinue at any time.

1 Banking services provided by MVB Bank, Inc., Member FDIC. Maximum balance and transfer limits apply.

2 Third-party fees may apply. Please see Account Terms & Disclosures for more information.

3Fees may apply for ATM transactions outside this network.

4Early access to paycheck is compared to standard payroll electronic deposit and is dependent on and subject to payor submitting payroll information to the bank before release date. Payor may not submit paycheck early.

6If you choose to pay your tax preparation fee with TurboTax using your federal tax refund or if you choose to take the Refund Advance loan, you will not be eligible to receive your refund up to 5 days early. 5-day early program may change or discontinue at any time. Up to 5 days early access to your federal tax refund is compared to standard tax refund electronic deposit and is dependent on and subject to IRS submitting refund information to the bank before release date. IRS may not submit refund information early.

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