Give eligible clients a way to request an advance on their expected refund (subject to approval), with funding typically available quickly after acceptance.
Available tiers may include: $500, $1,000, $1,500, $2,000, $3,000, $4,500, $6,000 (based on net refund/eligibility).
Tiered advance amounts for eligible applicants.
Smaller tiers where the customer covers the cost.
An optional add-on for early-season funding.
Note: Amounts, fees, timing, and availability are subject to change and approval. Always use your provider’s official disclosures and terms.
To be eligible to apply for the Easy Advance, the expected Federal refund must be equal to or greater than the net refund minimum after all authorized fees have been deducted.
If a customer chooses a Refund Transfer, the Easy Advance can be disbursed to the taxpayer by a bank check printed at the tax office, direct deposit to the taxpayer’s personal bank account, or loaded to a Netspend® Prepaid Mastercard6.
If the customer applies for an Easy Advance without a Refund Transfer, the Easy Advance can be disbursed only by direct deposit or Netspend® Prepaid Mastercard.
A fee will be charged to the ERO for every approved Advance for offices that select Easy Advance Plus. An additional fee will be charged for each approved preACK Easy Advance. Easy Advance Customer Pay has no fee to the ERO.
If approved, the taxpayer will pay a Finance Charge of 35.99% APR to the Bank. The ERO cannot pass these fees to taxpayers that apply for an Easy Advance.
EROs enrolled in the preACK Easy Advance will be able to offer Easy Advances starting in early January until the start of filing season.
Easy Advance loans are available from the start of filing season through February 28th.
Tax return will be evaluated to determine the likelihood that it will be funded by the IRS.
All Easy Advance Applications will be on an individual basis so only one taxpayer can apply. It is the taxpayer’s choice in determining who applies for the Easy Advance.
Customers do not have to choose a Refund Transfer to apply for the Easy Advance.
Available to customers in all 50 states.
To qualify for Refund Transfer incentives, Easy Advance loss rate must be below 4.0% as of May 31st.