TaxSlayer announced this week that it is launching the new TaxSlayer Prepaid Visa Card. Launched on the Green Dot platform, the new prepaid card will be available for the upcoming 2018 tax season.
According to the press release,
TaxSlayer completed 10 million state and federal e-files in 2018 and issued 12 billion dollars in refunds. TaxSlayer customers will have the option to sign up for the TaxSlayer Prepaid Visa Card during their tax filing process in 2019, which will allow for fast and easy direct deposit of their tax refund. This will serve as a compelling option to those without a direct deposit option for their refunds or for those currently using more expensive checking accounts or prepaid cards to manage their finances.
The TaxSlayer Prepaid Visa Card, issued by Green Dot Bank, Member FDIC, is a full-service reloadable prepaid debit card account featuring free early Direct Deposit, free Bill Pay, a large network of fee-free ATMs and no overdraft fees or penalty fees of any kind.
TaxSlayer joins other tax preparation software and service companies in offering their own prepaid card targeting those using their services that might be interested in receiving their tax refund on a prepaid card. TurboTax currently offers the Turbo Prepaid Visa. H&R Block offers its Emerald Prepaid Mastercard.