H&R Block provides ‘firsts’ via Emerald card 2012 - 2013
Kansas City, Mo., Dec. 4, 2012 — H&R Block (NYSE: HRB)
has announced new consumer benefits providing instant cash rewards from select
retailers and instant access to funds via mobile check deposit. The Emerald
Prepaid Mastercard 2012 - 2013, having been named one of the top 3
consumer-friendly prepaid cards in a study by Bankrate.com*, is one of the
lowest cost, client-friendly prepaid programs in the industry.
Approximately 60 million consumers choose alternative
banking methods. Even with new providers, such as Chase Liquid(SM) and American
Express Bluebird, the 2012 – 2013 Emerald Card is the only prepaid card with a
bundle of services providing: Instant mobile deposit Instant cash rewards
Ability to load prepaid cell phone minutes Access to savings account Access to
line of credit Ability to write checks.
“Combining these new features with no activation, monthly
account or purchase fees, our Emerald Card is a world-class checking account
alternative,” said Susan Ehrlich, president of H&R Block Financial
Services.
Instant cash as close as the phone The Emerald Card 2012 –
2013 is the only prepaid debit card providing clients immediate access to funds
deposited via an innovative remote check capture feature in the Emerald Car
Mobile Banking App. H&R Block introduced this feature to enable the user to
snap a picture of a check with the phone’s camera and instantly deposit the
funds to the account upon check approval. This check-to-card feature delivers
convenience in loading funds onto the Emerald Card — saving time and money —
while providing immediate availability to funds.
Use has its rewards H&R Block 2012 – 2013 also has
announced another first in the prepaid market with H&R Block Emerald Cash
Rewards(SM). H&R Block has partnered with national retailers to provide
cardholders more than $100 in free instant reward offers every month.
“It’s the best kind of instant rewards program there is,”
Ehrlich said. “There are no coupons to clip or points to track — ever.”
Cardholders simply use their Emerald Card for everyday purchases at
participating merchants and get instant cash rewards from popular restaurants
and major home goods, electronics and apparel retailers. When clients shop at
these participating merchants and use their Emerald Card 2012 - 2013, the cash
back reward instantly is loaded onto the card.
A new way for prepaid H&R Block recently launched a new
online banking site for clients, as well as fully integrated free apps for
iPhone, iPad and Android.
H&R Block’s Emerald Online and mobile app enable
cardholders to review account activity and manage their money at home or on the
go. Emerald Online is powered by industry-leader Plastyc**, which recently was
named as providing one of the best consumer value programs in the prepaid
industry.* By visiting www.hrblock.com/emeraldcard, cardholders will benefit
from a new interface to perform the following tasks and more with greater ease:
Access transaction history and balance Issue personal checks or pay bills Add
prepaid minutes to their cell phone Sign up for text and email alerts.
“H&R Block is more than the nation’s largest tax
preparation company. We have been helping millions of consumers redefine their
banking relationship,” said Aaron Caid, vice president of H&R Block’s
prepaid division. “Our focus is on providing the prepaid consumer a great
low-cost alternative for managing everyday finances conveniently and securely.”
*See Bankrate.com 2011 prepaid card survey.**Plastyc was
chosen as a 2012 Paybefore Awards winner in the Best Consumer Value in prepaid
category for its UPside Visa prepaid card program.
About H&R Block
H&R Block, Inc. (NYSE: HRB) is the world’s largest tax
services provider, having prepared more than 600 million tax returns worldwide
since 1955. In fiscal 2012, H&R Block had annual revenues of $2.9 billion
and prepared 25.6 million tax returns worldwide. Tax return preparation
services are provided in company-owned and franchise retail tax offices by
nearly 100,000 professional tax preparers, and through H&R Block At Home
digital products. H&R Block Bank provides affordable banking products and
services. For more information, visit the H&R Block Online Press Center.
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