TaxAct to Deliver Tax Refunds on American Express Serve® Free Reloads Prepaid Debit Account
Tax Filers Can Now Quickly and Easily Access IRS Refunds from Prepaid Debit Account
Cedar Rapids, Iowa – January 13, 2016 – TaxAct®, the leading provider of affordable digital tax preparation solutions, today announced customers who file their 2015 return using TaxAct can have their IRS refund deposited into an American Express Serve Free Reloads Prepaid Debit Account. Subject to limited availability, TaxAct will deduct $9.991 off its Basic, Plus and Premium federal filing product fees when tax filers choose to receive their refunds on a Serve Free Reloads Account. The discount will only be available while the offer is posted on TaxAct.com/card. TaxAct also offers a Price Lock Guarantee on its products, ensuring its customers pay the price listed for the selected product at the time they started their return, no matter when they file.
"As a brand that considers itself a partner during what can be a stressful time of year, TaxAct is always looking for new ways to better serve tax filers," said JoAnn Kintzel, president of TaxAct. "Teaming up with American Express, another consumer champion and trusted brand, further exemplifies our ongoing commitment to deliver the absolute best refund solutions. The key benefit of the American Express Serve Free Reloads Account is that it allows TaxAct customers the opportunity to manage their money in a variety of ways regardless of their personal banking situation."
TaxAct customers who Direct Deposit their tax refund into a Serve Free Reloads Account can easily access their funds for everyday transactions like paying bills, buying groceries or shopping online.
Additional account benefits include:
Access to the Largest Free Cash Reload Network2, now with over 45,000 CVS/pharmacy, Dollar General®, Family Dollar®, Rite Aid, Walmart®, and participating 7-ELEVEN® locations;
Free ATM withdrawals at over 24,000 MoneyPass® ATM locations nationwide3;
Cash out your tax refund at over 4,500 Walmart® stores using Serve Cash Pickup Powered by Ria®4;
Convenient Direct Deposit of paychecks or government disbursements and access to funds up to two days faster5 at no additional cost;
Check balances and recent transactions, and send and receive money, via the American Express Serve mobile app6, which gives TaxAct filers access to their IRS refunds from almost anywhere.
With TaxAct's Accuracy Guarantee and Maximum Refund Pledge, customers can be confident the calculations on their return are 100 percent correct and they're receiving their maximum guaranteed IRS refund. Alongside multiple other refund options, including Direct Deposit, U.S. Savings Bond purchases and paper checks, Serve Free Reloads Prepaid Debit Accounts provide an added layer of flexibility for those looking for fast and easy ways to manage their IRS refunds. The Serve Free Reloads account monthly fee is $4.95.
"We are excited to work with TaxAct to offer Serve Free Reloads as a prepaid debit Account option, making the entire tax process simple and affordable for DIY filers," said Stefan Happ, executive vice president, Global Prepaid & Alternative Payments, American Express.
TaxAct provides the best deal in tax so individuals, business owners and tax professionals can save money on tax preparation. A leading provider of affordable digital and download tax software, the company's mission is to empower people to navigate the complexities of tax and finance with ease and accuracy at a fair price. TaxAct has long-offered a Price Lock Guarantee on its products, ensuring its customers pay the price listed for their selected product at the time they started their return, no matter when they file. TaxAct was one of the top-three visited online tax preparation destinations last tax season7 and has assisted with approximately 60 million e-filed federal returns since 2000. To learn more about TaxAct, a business of Blucora, Inc. (NASDAQ: BCOR), visit www.TaxAct.com or connect with us on facebook.com/TaxAct, linkedin.com/company/taxact and twitter.com/taxact.
About American Express
American Express is a global services company, providing customers with access to products, insights and experiences that enrich lives and build business success. Learn more at www.americanexpress.com and connect with us on facebook.com/americanexpress, foursquare.com/americanexpress, linkedin.com/company/american-express,twitter.com/americanexpress, and youtube.com/user/AmericanExpress/.
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1 Cannot be used in conjunction with any other offers; is available for a limited time only while supplies last and is subject to change without notice.
2 Based on a 2015 Aite Group study commissioned by American Express, as compared to the top eight prepaid card companies based on share volume at the time of the study.
3 Transactions at non-MoneyPass® ATMs have a $2.50 American Express Serve fee. ATM operator fees may also apply. See serve.com/atm for details.
4 The Serve Cash Pickup service is provided by Ria®. Service is available in all 50 United States and Puerto Rico. Daily limits apply. Per-transaction limit of $499.99 applies when cash is picked up in Arizona. Fees, other limits and terms and conditions apply. Visit serve.com/cashpickup for complete details. Ria is a registered trademark of Continental Exchange Solutions, Inc. dba Ria Financial Services, licensed as a Money Transmitter by the Department of Financial Services of the State of New York; licensed by the Georgia Department of Banking and Finance, NMLS ID 920968; and authorized independently or through its affiliate, Ria Financial Services Puerto Rico, Inc. OCIF LICENSE NUMBER TM-2014-031, to operate as a Money Transmitter in all United States' jurisdictions where it conducts business. Serve Cash Pickup orders can be picked up during Walmart store hours (typically 9:00 a.m. to 9:00 p.m. local time, but hours may vary) at any Walmart MoneyCenter or customer service desk in the state or territory you specified in your order.
5 Faster access compared to standard payday electronic deposit and subject to your employer submitting paycheck information to the bank before payday. Your employer may not submit paycheck information early.
6 Data rates may apply.
7 According to collective week end reports for taxact.com released by Compete Inc.