After the end of the Turbo Tax Payment process, software provides users the ability to earn their tax return via a prepaid visa card, which is a debit card. Unlike rapid refund scams in the last year. There is no guarantee of a quick refund. It is said that the whole thing is the limit on the Turbotax Card scam.
Like all legal businesses, Intuit, the creator of the turbotax, covers itself in a nice print seaboard. It reveals that this method is beneficial for tax payers to pay their taxes. So, technically, everything is up and up, however, it is likely that you can get your return a different way.
In some cases, the IRS will directly deposit money into your card for 7 days. If you pay attention, this is the right time to deposit your refund directly into your real bank account. In other words, the card does not have any speed advantage unless you plan to tell the IRS to send you checks.
This card is similar to a turbo-tax debit card, but instead of a bank account. Those of you who do not have much experience in a prepaid credit card work exactly like a debit card, rather than attached to a checking or savings account at your bank, funds are attached to the card itself. This is like a gift card with a prepaid amount on it. The difference is that you can refill it.
Many traders have similar arrangements. A Starbucks card that works like this, not just a sneaky fee, in which the card is close to a scam, from being a valid card .