More than $324 billion was refunded to taxpayers by the IRS last year, a nearly $2 billion increase from the previous year. Many American families rely on their tax refunds each year to pay outstanding bills or make other important purchases that may not be within reach without them. No matter what each taxpayer plans to do with their refund, one thing is certain—fast and efficient receipt of these funds is a top priority for taxpayers.
This is exactly why so many Americans are opting out of paper checks for their tax refunds and choosing prepaid instead. Prepaid cards allow faster and more convenient access to funds. Some key benefits prepaid cards offer during tax time include:
To learn more about why choosing prepaid for your tax refund is a smart, responsible choice, check out our infographic.
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