Who does TaxAct use for refunds?
Rachel Davis
Updated on February 02, 2026
Republic Bank & Trust Company
Refund Transfers and Easy Advances are offered by Republic Bank & Trust Company, Member FDIC. 1 A Refund Transfer is a fee-based product offered by Republic Bank & Trust Company, member FDIC. A Refund Transfer Fee and all other authorized amounts will be deducted from the taxpayer’s tax refund.
How long does it take to get your tax refund with TaxAct?
If you e-file, you can generally get initial refund information 24 hours after the IRS acknowledges receipt of your return. If you file a paper return, refund information will generally be available four weeks after mailing your return.
What debit card does TaxAct use?
The PayPower™ Visa® Prepaid Card is issued by The Bancorp Bank pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa debit cards are accepted.
Does TaxAct have rapid refund?
Instead of having your refund deposited directly to your bank account, you can choose one of these options: Free e-file with direct deposit to an exisiting account or to an American Express Serve Prepaid Debit Account for fast and easy access to your refund.
What does TaxAct charge for state returns?
a $9.99
With the Desktop Version of TaxACT, there is a $9.99 e-filing fee for all state returns (except New York).
Why is TaxAct charging me a refund transfer fee?
Once the return is accepted, a prepaid card is mailed to you. The IRS will then release your refund to The Bancorp Bank. When the IRS releases the refund, The Bancorp Bank will deduct the TaxACT product/e-filing fees & card fee from the refund and then direct deposit the remainder of the refund on the prepaid card.
Do I have to pay for TaxAct?
If you choose Direct Deposit and pay out of your refund, TaxACT submits your return to the IRS like normal….Paying Your TaxAct Filing Fee From Your Refund.
| Pay Product/E-Filing fees by Credit Card | Deduct Product/E-Filing fees from Refund | |
|---|---|---|
| Direct Deposit | No Fee | $17.99* |
| Paper Check | No Fee | N/A |
| PayPower Card | $9.99* | $9.99* |
What bank does TaxAct use?
TaxAct partners with Republic Bank & Trust Company (member FDIC) to allow TaxAct program fees to be deducted from your tax refund. When you choose to have your TaxAct fees paid from your tax refund in the filing steps, you must accept the Refund Transfer Application and Agreement.
Is there a tax refund discount on American Express serve?
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
Is the maximum refund guaranteed with TaxAct?
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.
Where can I pay my taxes with a credit card?
EFTPS. Any taxpayer making payments for individual income tax returns (1040) can use the government’s Electronic Federal Tax Payment Systems (EFTPS) website, EFTPS-OnLine. Credit Card. The IRS does not accept credit card payments directly. If you wish to pay by credit card, visit PayUSA to complete the payment. A processing fee will apply.
Which is the best company to get a tax refund?
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.