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How to deposit your tax refund into a Credit Karma Money™ account

by TurboTax Updated 1 month ago

When asked how you’d like to receive your tax refund, simply select to have it deposited into a checking or savings account* with Credit Karma Money™.

If you don’t already have one, you can open a new Credit Karma Money™ checking or savings account through TurboTax when you’re about to file your taxes. Once the process has been completed, you’ll receive your Credit Karma Visa® Debit Card** by mail for the checking account. No debit card will be provided for the savings account.

Once the IRS approves and issues your refund, your refund will be deposited directly into your account.

To avoid delays, be sure the name on the tax return is exactly the same as the name listed with your Credit Karma Money checking or savings account.

If you have any questions or need assistance with your Credit Karma Money checking or savings account, please visit the Credit Karma Help Center for support.

For Credit Karma Money: Banking services provided by MVB Bank, Inc., Member FDIC. Maximum balance and transfer limits apply per account.

Learn more about Credit Karma Money.

*A maximum of 6 withdrawals per monthly savings statement cycle may apply.

**Credit Karma Visa® Debit Card issued by MVB Bank, Inc., Member FDIC, pursuant to a license from Visa U.S.A. Inc. Visa terms and conditions apply.

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