A First Advance^SM RAL or Refund Anticipation Loan (RAL) is a loan provided by JPMorgan Chase Bank, N.A. (Chase) based on the amount of your anticipated Federal tax refund. You can apply for a $1,500 First Advance^SM RAL or a Refund Anticipation Loan up to $10,000.

No prior RAL experience is necessary to apply!

An approved tax refund loan is available on a Chase Bank cashier's check in as little as 3 minutes for a First Advance^SM RAL or 12 to 48 hours for a RAL! This cashier's check can be cashed at any Chase Bank for FREE!

Fees for these tax refund loans vary depending on the amount you wish to borrow against your anticipated Federal tax refund and can be taken directly from the refund, which means NO out-of-pocket expense!

State tax refunds CANNOT be considered when applying for a tax refund loan.

Approved Tax Refund Loans

We will print the Chase Bank cashier's check in our office as soon as the bank APPROVES your tax refund anticipation loan application. If you loan is not for the FULL amount of your tax refund, we will print subsequent cashier's checks when the IRS (and state tax agency, if applicable) deposits your actual tax refund(s) into the temporary deposit account set up at Chase Bank. Your loan gets paid off when the IRS (and state tax agency, if applicable) deposits your refund(s) into this temporary deposit account. For IRS refunds, this usually takes 8 to 15 days. State tax refunds usually take anywhere from 1 to 4 weeks. If the deposit(s) are less than the loan amount, you will be responsible for paying any outstanding loan balance to the bank.

Tax Refund Loan Requests Over $3,500

If Chase Bank does NOT approve you for the FULL tax refund loan amount for which you applied, the bank may offer your a reduced RAL of $3,250. You have the option of accepting or rejecting this offer. If you reject the offer, the RAL application will become a Bonu$ Deposit Account. Your cost will be REDUCED, since you will NOT be charged any finance charges. Your tax refund will be available after the IRS makes the actual direct deposit of your refund to the temporary deposit account established at Chase Bank. The IRS will usually make the deposit within 8 to 15 days. A Chase Bank cashier's check will be available to you at our office when the deposit occurs.

Denied Tax Refund Loans

The First Advance^SM RAL and Refund Anticipation Loan (RAL)  are LOANS and are subject to underwriting approval. Chase Bank uses a variety of screening factors to determine whether it will make a loan on an applicant's anticipated federal tax refund. The criteria for approval is proprietary to the bank and specific information may or may not be available to share with you verbally. Therefore, the bank automatically sends a letter to all applicants whose applications are denied.

If your tax refund loan is DENIED, you will have to wait for the IRS to deposit your actual tax refund into the temporary deposit account set up at Chase Bank. Your cost will be REDUCED, since you will NOT be charged any finance charges. The loan application will automatically become a Bonu$ Deposit Account. The IRS will usually make the deposit within 8 to 15 days. A Chase Bank cashier's check will be available to you at our office when the deposit occurs.

Some Tax Refund Loan Qualifications

Below are some of the qualifications that MUST be met before applying for a tax refund loan for yourself and spouse:

• You MUST be at least 18 years old (if married filing jointly, BOTH you and your spouse must be at least 18 years old).

• You MUST have TWO forms of non-expired identification, including one photo identification.

• You MUST present ONE of the following at the time you apply for the tax refund loan:

1. Social Security Card, OR

2. Military ID Card, OR

3. Photo ID Card which also shows your Social Security number, OR

4. The pre-printed label from the 1040 booklet the IRS may have mailed you, OR

5. Not Required (if you are a prior client known to us).

• You must NOT have any outstanding tax liabilities, delinquent child support payments, delinquent student or other federally-sponsored loans, or any other delinquent government debts. To find out if you have any delinquent government debts, you may call the Financial Management Service (FMS) of the U.S. Treasury Department at 1-800-304-3107.

• Your total income CANNOT be only from amounts reported on IRS Schedule C (Sole Proprietors / Self-Employed / Independent Contractors).

• You MUST have a Form W-2 or 1099-R.

• Your federal tax return MUST be filed electronically.

• Your total Federal tax refund MUST be AT LEAST $300 for a RAL and AT LEAST $2,500 for a First Advance^SM RAL.

• You MUST not have filed, nor do you anticipate, filing bankruptcy.

Click here to view your account information with Chase Tax Related Products. Information on the following products are available:

• Refund Anticipation Loan (RAL)

• Bonu$ Deposit Account

• Bonu$ Direct