With a Refund Transfer (RT), your refund will be directly deposited from the IRS or State through Republic Bank & Trust Company, Member FDIC. Before being disbursed to you, Republic Bank’s Refund Transfer fees will be deducted from your refund. In addition, any applicable Transmitter, Service Bureau, Tax Preparation, Audit Fees, and other charges will be deducted and automatically forwarded to the appropriate party as authorized on your Bank Product Application and Agreement.

The remaining balance of your refund will be provided to you via a bank check printed at the tax office, direct deposit to your personal bank account, or loaded onto a NetSpend Visa Prepaid Card.

The timing of your refund depends on when the IRS or State releases it to Republic Bank.

According to information from www.irs.gov, the IRS typically issues most electronically filed refunds within 21 calendar days of acknowledging the return, or within 6 weeks for paper-filed returns. However, refunds for Earned Income Tax Credit (EITC) and Additional Child Tax Credit (ACTC) related returns will not begin until February 15th. For details on your specific refund, visit www.irs.gov. Republic Bank & Trust Company does not guarantee when, if, or in what amount a tax refund will be issued. Once received by Republic Bank, your refund will be processed by deducting authorized amounts and disbursed according to your chosen method.

If you have an existing bank account, you can file your tax return electronically and receive your refund by direct deposit within a similar time frame, without the additional fees associated with a Refund Transfer (RT). However, if you choose a Refund Transfer, the Refund Transfer Fee and any other authorized fees will be deducted from your tax refund.

There may be additional fees for your state refund or each extra funding if you select a Refund Transfer. Please check with your tax preparer for specific details.

You may also incur a Transmitter Fee and/or a Service Bureau Fee. For more information, consult your tax preparer. Tax preparation fees are determined by your preparer and will be disclosed on the Bank Product Application and Agreement.

Please note that NetSpend Prepaid Card monthly and transaction fees apply. Refer to your Cardholder Agreement for full details.

An Easy Advance is a one-time loan designed for short-term use, not long-term. It is subject to underwriting and approval by Republic Bank & Trust Company, and you may receive an amount smaller than what you requested. A finance charge may apply depending on the specific Easy Advance program offered. Typically, your funds will be disbursed within 24 hours after the IRS accepts your Federal tax return. The Easy Advance is secured by your tax refund, but it is not the actual refund itself.

You can file your tax return electronically and have the IRS or state deposit your refund directly into your existing account without applying for an Easy Advance. According to the IRS, if you file electronically without requesting an Easy Advance, you can expect your refund within 21 days by direct deposit or mail. However, refunds for Earned Income Tax Credit (EITC) and Additional Child Tax Credit (ACTC) related returns will not begin until February 15th. If you file by mail, expect a refund within 6 weeks by direct deposit or mail, assuming you do not apply for an Easy Advance.

Choosing a Refund Transfer is not required to receive an Easy Advance. To qualify for the Easy Advance, your expected Federal refund must meet a minimum threshold after any authorized fees are deducted. Additionally, your tax return and credit bureau information will be assessed to determine if it meets the criteria for IRS funding. Applications may be denied if you have any delinquent child support, unpaid taxes, student loans, or other federal debts.

If approved, repayment of the Easy Advance loan amount and any applicable Finance Charge is due when you receive your 2022 tax refund from the IRS and/or state taxing authority. This will reduce the amount of your refund from the IRS and/or State. The remaining balance of your refund will be disbursed according to the method you select on your Bank Product Application and Agreement. Loan amounts vary by tax office, so consult your tax preparer for details on the amounts available to you.

You may cancel the Easy Advance within 7 business days of receiving the loan proceeds by contacting Republic Bank at 866-581-1040.

If declined, no Finance Charge will be applied to the Easy Advance, and your tax refund will still be routed to Republic Bank and disbursed according to the option you chose on your Bank Product Application and Agreement. If you applied for both an Easy Advance and Refund Transfer and your Easy Advance is declined, you will still receive and be charged for the Refund Transfer.

Your tax preparer may pay a fee to Republic Bank & Trust Company for each approved Easy Advance. However, your tax preparer is prohibited from passing this fee onto you.

Please note, the IRS and/or state taxing authority do not guarantee the amount or timing of your refund. An Easy Advance may be more expensive than other credit options. Before applying for an Easy Advance, consider whether it aligns with your personal financial situation and needs.

If you select an Easy Advance without a Refund Transfer, your disbursement options for receiving both your Easy Advance proceeds and tax refund are Direct Deposit or NetSpend Prepaid Card.

If you choose a Refund Transfer along with the Easy Advance, your disbursement options are Bank Check, Direct Deposit, or NetSpend Prepaid Card. Both the Easy Advance and Refund Transfer proceeds will be disbursed using the same method.

If you opt for a NetSpend Prepaid Card and are approved for an Easy Advance, a $5 monthly plan fee will begin 30 days after receiving the Easy Advance proceeds, and your first Over-the-Counter Cash Withdrawal Fee will be waived.

Easy Advance applications are processed individually, meaning only one taxpayer can apply. The decision of who applies for the Easy Advance is entirely up to you.

Only the applicant’s name will appear on the Easy Advance check.

For more information on tax refund processing, please visit www.irs.gov or the relevant tax authority’s website.

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