A Refund Advance is a loan against your Tax Refund. Like all loans programs, there are interest charges and fees.

Depending on the loan amount you want to borrow, you may or may not be charge interest. The lower the amount you want to borrow, the likelyhood you would not be charge interest expense. Zip. However, if you decide you want the $6,000 offering, there is an interest charge in addition to the bank fee which is usually around $30.

1 The Refund Advance is an optional tax-refund related loan provided by Pathward, N.A., Member FDIC (it is not the actual tax refund) at participating locations. The amount of the loan and applicable interest will be deducted from tax refunds and reduce the amount that is paid directly to the taxpayer. Fees for other optional products or product features may apply. Tax returns may be filed electronically without applying for this loan. Loans offered in amounts of $150 (where available), $500, $1,000, 25%, 50%, or 75% of your expected tax refund from $150 – $6,000. Loans in the amounts of $150, $500, and $1,000 have an Annual Percentage Rate (APR) of 0.00%. Loans in the amounts of 25%, 50% or 75% of your expected tax refund have an APR of 36.0% with a minimum loan of $1,250. For example, a $2,500 loan representing 50% of expected refund borrowed over 29 day term, total amount payable in a single payment is $2,571.51 including interest. Availability is subject to satisfaction of identity verification, eligibility criteria, and underwriting standards. 2 Certain Refund Advance Loans are available at no cost to taxpayers, however other options include a consumer fee.