JERSEY CITY, NJ – (Marketwired - Jan 5, 2016) – Jackson Hewitt Tax Service® today announced that American Express Serve® is now an option for clients to receive and manage their tax refund. American Express Serve is a full-service, reloadable prepaid Account that provides faster access to refunds, along with money-management tools.
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When clients have their federal tax refund added to an American Express Serve Account, they have access to their refund up to two days faster than a standard electronic deposit from the IRS1. The Account also provides smart options to manage money and build savings, including tools to track and categorize spending, establish monthly budgets by category, and set aside money for future purchases.
"We are innovating the tax refund, which is the biggest check of the year for millions of the hardest-working Americans," said David Prokupek, CEO of Jackson Hewitt. "With American Express Serve, we can get refunds to our clients faster and with fewer fees, and offer smart ways to make their tax refund work harder for them, especially those living outside of the traditional banking system."
As another element of the collaboration, for clients with a minimum tax preparation fee of $150, Jackson Hewitt will offer $50 on an American Express Serve Card the same day they file their taxes with Jackson Hewitt2.
With American Express Serve, clients can enjoy a range of Card Membership benefits and exclusive Amex® offers on everyday items such as gas, home goods, groceries, dining out and more, as well as 24/7 customer service, travel benefits3 and Purchase Protection4. There is no credit check, no hidden fees and no minimum balance. The monthly fee is $3.005.
Additional features include:
•Access to free ATM withdrawals across 24,000 MoneyPass® ATMs6
•Ability to pick up your tax refund in cash at more than 4,500 Walmart® stores using Serve Cash Pickup Powered by Ria®7
•Ability to check balances, review recent transactions, pay bills and send money with the American Express Serve Mobile app8
•Convenience of free, early Direct Deposit9
•Security of fraud protection
"We know how important the tax season is for consumers who are looking forward to smoothing out their finances with their tax refund," said Stefan Happ, Executive Vice President, Global Prepaid & Alternative Payments, American Express. "We're privileged to team up with Jackson Hewitt to give their clients a smart, fast and convenient way to receive their refund."
For more information about American Express Serve, visit https://serve.com/jacksonhewitt/.
Terms and conditions apply to all offers. To find a local Jackson Hewitt location or learn more about its products and promotions, visit www.JacksonHewitt.com.
About Jackson Hewitt Tax Service Inc.
Jackson Hewitt Tax Service Inc. is an innovator in the tax industry, with a mission of offering its hard-working clients access to simple, low-cost solutions to manage their taxes and tax refunds. With more than 25,000 professional tax preparers, Jackson Hewitt is devoted to helping clients get ahead with Maximum Refund and 100% Accuracy Guarantees. Jackson Hewitt is the fastest-growing full-service tax preparation company with approximately 6,300 franchised and company-owned locations, including 3,000 in Walmart stores, and online and mobile tax solutions. For more information about products, services and offers, or to locate your neighborhood Jackson Hewitt office, visit www.JacksonHewitt.com or call 1 (800) 234-1040.
About American Express
American Express is a global services company, providing customers with access to products, insights and experiences that enrich lives and build business success. Learn more at americanexpress.com and connect with us on facebook.com/americanexpress, foursquare.com/americanexpress, linkedin.com/company/american-express, twitter.com/americanexpress, and youtube.com/americanexpress.
Key links to products, services and corporate responsibility information: charge and credit cards, business credit cards, Plenti rewards program, travel services, gift cards, prepaid cards, merchant services, corporate card, business travel and corporate responsibility.
1 Faster access to your refund is based on American Express' practice of adding money to your Serve prepaid Account upon notification of a pending refund deposit, compared to the typical bank process of making money available only after it has been received. Faster access subject to American Express receiving notification up to two (2) days before the funds are received.
2 $50 provided on an American Express Serve® Card. No other promotion, coupons, or discount valid with Gift. $50 Gift requires minimum tax prep fee of $150. If a different Gift amount is offered, a different minimum tax prep fee may apply. Ask a Tax Pro or see jacksonhewitt.com for details.
3 Subject to additional terms, conditions and exclusions.
4 Underwritten by AMEX Assurance Company. Subject to additional terms, conditions, and exclusions.
5 For details on how the Monthly Fee is applied, visit serve.com/jacksonhewitt.
6 ATM and Operator fees and limits may apply. Transactions at non-MoneyPass® ATMs have a $2.50 American Express Serve fee. ATM operator fees may also apply. See serve.com/atm for details.
7 The Serve Cash Pickup service is provided by Ria. Service is available in all 50 United States and Puerto Rico. Daily limits apply. Fees, other limits and terms and conditions apply.
Ria is a registered trademark of Continental Exchange Solutions, Inc. dba Ria Financial Services, licensed as a Money Transmitter by the Department of Financial Services of the State of New York; licensed by the Georgia Department of Banking and Finance, NMLS ID 920968; and authorized independently or through its affiliate, Ria Financial Services Puerto Rico, Inc. OCIF LICENSE NUMBER TM-2014-031, to operate as a Money Transmitter in all United States' jurisdictions where it conducts business.
8 Data rates may apply.
9 Faster access compared to standard payday electronic deposit and subject to your employer submitting paycheck information to the bank before payday. Your employer may not submit paycheck information early.
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