Putting it extremely short and simple- the TurboTax card is extremely beneficial for getting your tax refund quick.,this can be done as fast as eight days. Being unbiased we can go on to say that the main reason why its so quick is that there is no credit check or bank account involved,and the deposit goes straight onto your card.The card itself easily interleaved into your TurboTax software so that all your tax information and specifics are conveniantly accessible.This helps greatly after filing taxes as refund amount can be credited to your card immediatly and can be withdrawn from a wide Moneypass network that operates through 22,000 surcharge free ATMs.
As far as adding funds go,there are various ways to do so.The most conveniant of them all is the Direct Deposit.This happens every payday and the recurring nature of this fund addition technique allow the user to access the funds directly on the payday itself!This all happens extremely fast and without any check clearing fees.If you signup for this offer then you get a $10 credit to your card.
Since it is primarily a Visa prepaid card,the easiest way to reload is through cash.Turbtax cards runs on the MoneyPak Network, you simply add the MoneyPak account number as well as the card number as shown below to start the process.
Other ways of reloading the card.This method of adding funds doesnt cost anything.Its a simple online procedure that involves going to your banks website to add your detials.Once that is setup, you can inititate the EFT-electronic fund transfer/also known as ACH-automated clearing house to transfer funds.Depending on your bank of choice,the transfer could be completed in 1-3 working days and there could be a small charge from your bank to use this service.The maximim amount you can charge your Turbotax card with is $1000 in a 30 day cycle.Before loading your card,check your card load limits.
There is no charge to apply for the card,no application fees or intial charges.Other charges include:
ATM-Free ATM charge at the ATMs that use the Moneypass network.Any ATM outside of this will be charge $2.50 per withdrawal.Cash Advances are charged at $2.50 per transaction.Balance checks are charged at $0.50
RECURRING CHARGES-There is a monthly charge of $5.95.This charge is however waived in the next billing period provided that you make atleast 30 purchases or spend atleast $1000 .
REPLACMENT-for all lost or stolen/misplaced cards,there will be a $4.95 charge.
RELOAD-Upto $4.95 each time you reload the card
Activation too is easy on the card.All you need to do to complete the online process of activation is to punch in the 16 digit number that you received when you signed up,the expiry date and 3 digit code. Finalize by entering last 4 digits of your SS.
Take my word for it,if you enjoyed using the Turbotax software,you will love this!