Refund Advance loan is no longer available. Please check back with us next tax season!

• The Early Refund Advance was available to returning clients starting December 16, 2019 and to new clients starting December 18, 2019 at select locations until January 19, 2020.
• No Fee Refund Advance was available as early as January 2, 2020 at select locations until February 23, 2020.
• Go Big Refund Advance was available as early as January 2, 2020 at select locations until February 2, 2020.

The Early Refund Advance is a convenient way for you to access money for the holiday season.  An Early Refund Advance is a 0% APR loan from MetaBank® that you could get with just a pay stub or other proof of income.  So, unlike other Refund Advances, this is a way to access money before your W-2 is available in January (or later).

Early Refund Advance loans range from $200-$500. The Early Refund Advance program ended on January 19, 2020. After that date and until February 23, 2020, clients could apply for a Refund Advance upon filing their taxes with their W2 or other income verification.

No Fee Refund Advance is a no fee, 0% APR loan provided by MetaBank® at participating Jackson Hewitt locations. You could get up to $3,200 when filing your taxes with Jackson Hewitt. The No Fee Refund Advance was available beginning January 2, 2020 and the program ended on February 23, 2020. Loan amount is inclusive of Early Refund Advance loan amount, if applicable. 

The Go Big Refund Advance is a loan, between $1,000 and $6,400, provided by MetaBank® and was available at participating Jackson Hewitt locations. The Go Big Refund Advance has a fee of 2% of the loan amount. For example, with a $2,500 loan, the total amount payable from your tax refunds is $2,550 including the fee. Depending on the loan duration, the effective APR of the loan would vary.  Based on a loan duration of 25 days, the 2% fee would translate to a 29.2% APR.

The Go Big Refund Advance Loan amount is inclusive of any Early Refund Advance loan amount you have received.  The Early Refund Advance loan amount ($200-$500) is not subject to the 2% fee. 

The Go Big Refund Advance was available beginning January 2, 2020 and the program ended on February 2, 2020.

Both the No Fee Refund Advance and the Early Refund Advance loans have no fee and a 0% APR. The Go Big Refund Advance loan has a much larger loan amount than the No Fee Refund Advance and has a fee of 2% of the loan amount. For example, for a $2,500 loan, the total amount payable by your tax refunds is $2,550 including the fee. Depending on the loan duration, the effective APR of the loan would vary. Based on a loan duration of 25 days, the 2% fee would translate to a 29.2% APR.

The amount you owe will be deducted directly from your tax refund so you don’t need to worry about writing a check to repay your loan amount.

• No Fee Refund Advance loan sizes could be $200, $500, $750, $1,000, $1,250, and $3,200 for qualifying clients.
• Go Big Refund Advance loan sizes could be $1,000, $1,500, $2,000, $2,500, $4,500, $5,500, and $6,400 for qualifying clients.
• With Early Refund Advance, qualifying clients could access $200, $300 or $500 of the No Fee or Go Big loan as early as December 16, 2019 until January 19, 2020.

The Early, Go Big and No Fee, and Go Big Refund Advance loan options were available at select participating Jackson Hewitt stores. The Go Big Refund Advance was not available to customers in Connecticut.

Loans could be disbursed via an American Express Serve Card or directly deposited into a qualified account of your choice.

If you were approved for a Refund Advance and choose to have it disbursed via an American Express Serve Card, you will receive the loan amount from within minutes to 24 hours of making your loan choice; or, if you choose Direct Deposit, you will receive the loan amount in one to five business days after making your loan choice.

No. There is no impact on your credit score if you apply for a Refund Advance.

Historically, the No Fee Refund Advance has had high approval rates, but approval varies from customer to customer. You can be approved for a Refund Advance loan even if you do not have a credit history.  Loan approval is subject to Metabank’s underwriting criteria that is based in part on the size of your tax refund.

To be approved, underwriting is performed by MetaBank. They use criteria such as: 

• Identity verification
• Payment history with the IRS
• Status of education loans, child support, tax liens, etc.

At Jackson Hewitt all you need is your pay stub or other proof of income to start preparing your taxes. Bring your last pay stub to your appointment, and see if you prequalify for an Early Refund Advance of up to $500. In January, provide your W-2 or other tax documents to complete filing your taxes and apply for additional Refund Advance loan amounts.    

No. As of November, 2019, Jackson Hewitt is the only tax services company offering Refund Advance in December.