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B & B Tax & Notary
Services |
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Call for an appointment!
(336) 345-5877 |
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(336) 924-2108 |
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A Convenient Tax
$$ Refund Option |
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Western Union MONEYWISE
Prepaid MasterCard®
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MoneyWise FAQs (Frequently Asked Questions):
Q: What is the Western Union® MoneyWise™
Prepaid MasterCard®?
A: It is a personalized, reloadable Prepaid
Debit card on which you can choose to
receive your tax refund! The card is
reloadable and can be used anywhere Debit
MasterCard is accepted, including online and
at ATMs.
Q: Can the MoneyWise card be used with
bank products or in replacement of a tax
refund check?
A: MoneyWise can be selected as the refund
method for a Refund Anticipation Check (RAC)
or Refund Transfer. Clients will receive
their money loaded onto the card just as
fast as direct deposit. However, the card
cannot be used with a Refund Anticipation
Loan (RAL).
Q: Is there a maximum tax refund amount
that can be loaded onto the card?
A: No, any tax refund amount will be
accepted and loaded to the MoneyWise card.
Q: Can you receive your Federal and State
tax refund on the card?
A: Yes. Most states allow the taxpayer to
deposit their state tax refund into the same
account as their Federal tax refund with the
exception of residents of CT, VT and NH.
Q: How and when will clients receive
their personalized MoneyWise card?
A: The card is mailed to the primary
taxpayer's U.S. address, 7-10 days after the
tax return has been submitted. Typically the
tax refund is deposited in 7-14 days from
the time the return was approved by the IRS.
Q: Where can the MoneyWise card be used?
A: Anywhere Debit MasterCard is accepted,
including online, and ATMs.
Q: Is there a fee to select the MoneyWise
card as a tax refund method?
A: No, there is no enrollment or activation
fee and no fee to have the refund added to
the card.
Q: What are the consumer fees associated
with the MoneyWise card?
A: The MoneyWise card is one of the most fee
friendly cards available. The most common
card fees a consumer will encounter are
shown on the website for MoneyWise cards are
listed on the
MoneyWise Card Info
website.
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IRS HAS
UNDELIVERED CHECKS FOR TAXPAYERS
IRS Seeks to Return $153 Million in Undelivered Checks
to Taxpayers; Recommends e-file, Direct Deposit to Avoid
Future Delivery Problems Undelivered refund checks
average $1,547 this year. Taxpayers who believe their
refund check may have been returned to the IRS as
undelivered should use the
“Where’s My Refund?”
tool on IRS.gov. The tool will provide the status of
their refund and, in some cases, instructions on how to
resolve delivery problems. |
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