Does Chime offer tax refund advances? Need info on early refund deposit
Looking to get my tax refund early through Chime this year. Anyone know if they give tax advances like some other banks? Filed last week and really need the money asap. Also wondering if having Chime speeds up the regular deposit when the IRS releases it.
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LunarLegend
Tax professional here. Chime doesn't offer tax advances like H&R Block or Jackson Hewitt. They do offer 2-day early direct deposit for regular paychecks, but tax refunds are different. The earliest you'll get your refund is when the IRS releases it.
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Emma Davis
•Dang that sucks 😭 was hoping to get it early. Do you know how long refunds usually take?
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LunarLegend
•Usually 21 days for e-file if everything's correct. But with the backlog rn could be longer
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Cailin Riggs
•Actually, they’re offering to give you your tax refund up to six days early if you direct deposit it into your chime account.
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Malik Jackson
Hey! Have you checked out taxr.ai? It's a super helpful tool that can analyze your transcript and tell you exactly when to expect your refund. It costs $4.99 but totally worth it - saved me tons of anxiety last year. Here's the link: https://taxr.ai
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Isabella Oliveira
•Does it actually work? Seems too good to be true 🤔
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Malik Jackson
•100% legit! It uses AI to read your transcript and spots any issues that might delay your refund. Way better than guessing
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Isabella Oliveira
•Just tried it and WOW! It showed me exactly why my refund was delayed and when I'll get it. Best $5 I ever spent fr fr 💯
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Ravi Patel
i used chime last year and got my refund same time as everyone else tbh
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Freya Andersen
The whole early deposit thing with Chime is kinda misleading ngl. They only release it when they get it from IRS 🤷♀️
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Omar Zaki
•facts 💯
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CosmicCrusader
ur better off going thru HR block if u need an advance. they do RAL's up to $3500
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Chloe Robinson
•but those fees are crazy tho 👀
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CosmicCrusader
•tru but if u need $ now its an option
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Dylan Mitchell
Just want to clarify something - Chime does advertise "get your tax refund up to 2 days early" but this only applies once the IRS actually processes and releases your refund. They don't offer actual tax advances like some tax prep companies do. If you really need money before your refund comes, you might want to look into other options, but be careful of high fees!
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Yara Nassar
•Thanks for the clarification! That's exactly what I was wondering about. So basically Chime just gets it to you faster once the IRS releases it, but won't give you money beforehand like a real advance. Good to know before I get my hopes up 😅
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