It’s about that time to starting filing your yearly income tax but Walmart is changing the game by offering a cash back offer instead of waiting around for that check to come in the mail. Walmart Direct2Cash is available nationwide and will help customers save time and money when compared to traditional tax refund options. The more than 25,000 tax preparation locations using software with the Walmart Direct2Cash option may provide this service for no additional fee or charge a maximum of $7 at the time of filing. Walmart does not charge customers a fee when refunds are claimed in a store.
Customers who choose the new Walmart Direct2Cash option can also save on fees when compared to traditional check-cashing options. For example, a consumer who has the average federal tax refund of $2,900 and chooses a check-cashing provider who charges a 2 percent fee would spend $58 to cash the check. This could also be in addition to a $20 processing fee to issue a paper refund check.
- Convenient for Customers and Tax Preparers. When customers choose Walmart Direct2Cash, they will receive a confirmation code for their federal and/or state tax return through an email from TPG or Republic Bank as soon as their refund is ready to be picked up. Customers will then go to the Walmart MoneyCenter or customer service desk at their local Walmart store, show their confirmation code, confirm their identity, and then receive their refund in cash.
- Filing Tax Returns is Easy at Walmart. Walmart is also working with other businesses to help customers better manage their finances at tax time and every day throughout the year. This year, Jackson Hewitt tax preparers will be in more than 3,000 Walmart stores nationwide. Jackson Hewitt is offering its eligible clients a $50 Walmart eGift Card when they e-file through a Jackson Hewitt tax preparer. The Walmart eGift Card, available instantly upon filing, can be used on anything from groceries to tires, in stores or online.
- As an added benefit to Walmart customers, each Jackson Hewitt tax filing consultation at a participating Walmart store will include free tax assistance identifying eligible health care options under the Affordable Care Act. This assistance complements Walmart’s Healthcare Begins Here program, which is designed to educate customers on health insurance options.
***Walmart Direct2Cash is applicable to both federal and state tax refunds. Customers who file a federal and state tax return will get two confirmation codes. Cash refunds up to $7,500 are eligible for Walmart Direct2Cash. For customers filing jointly, both filers must be present to receive their cash refund. Confirmation code expiration dates vary. Customers should check with their tax preparer. Important terms and conditions, including minimum tax preparation fees, govern eligibility for the Jackson Hewitt offer. For details, please see JacksonHewitt.com. Not all Jackson Hewitt Walmart locations offer the Walmart Direct2Cash option.
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