{"id":29194,"date":"2018-11-12T10:33:32","date_gmt":"2018-11-12T15:33:32","guid":{"rendered":"https:\/\/www.mamaxxi.com\/?p=29194"},"modified":"2019-06-11T18:09:33","modified_gmt":"2019-06-11T16:09:33","slug":"4-reasons-to-use-a-debit-card-for-tax-refunds","status":"publish","type":"post","link":"https:\/\/www.mamaxxi.com\/en\/4-reasons-to-use-a-debit-card-for-tax-refunds\/","title":{"rendered":"4 Reasons to Use a Debit Card for Tax Refunds"},"content":{"rendered":"

Most major card companies offer their customers an opportunity to use prepaid debit cards for tax refunds. The IRS can refund your taxes on a prepaid debit card. One of the biggest advantages of using a debit card over a check is that you\u2019ll get your refund faster. If you don\u2019t want to wait long for your money, a debit card is definitively a better alternative to a paper check. <\/span><\/p>\n

However, before you decide to use <\/span>a debit card for tax refunds<\/span><\/a> you\u2019ll need to gather all the information. There are many prepaid debit cards out there but some of them come with extra fees. You\u2019ll also want to choose the debit card that is easy to set up. <\/span><\/p>\n

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We bring you a list of the top four benefits to using a debit card for tax refunds and some of the best prepaid cards available today.<\/span><\/p>\n

It\u2019s Faster<\/b><\/h2>\n

Speed is the single biggest advantage of using prepaid debit cards for tax refunds. In most cases, it takes from 8 to 10 days to get a refund, which is significantly faster than paper checks. If you have a Visa prepaid debit card, getting your IRS tax refund is easy and straightforward. <\/span><\/p>\n

All that you have to do is enter your account and routing numbers into the 1040 tax form, then choose \u2018checking\u2019 as your refund method. <\/span><\/p>\n

There Are No Cashing Fees<\/b><\/h2>\n

You can avoid the check cashing fees by setting up a direct deposit account. The procedure is simple, you will need the account and routing numbers that we mentioned previously, both of which you can find by contacting your card issuer. <\/span><\/p>\n

Once you get set up, you\u2019ll need to choose a prepaid card that enables direct deposit for your tax refund.<\/span><\/p>\n

In the list below, you\u2019ll find some of the most popular prepaid debit cards for tax refunds. <\/span><\/p>\n

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