Easy Advance

Do you have clients counting down the days until their return comes in?
Make more customers happy by offering Republic Bank's Easy Advance1 product. 

An Easy Advance is a loan offered to taxpayers that file their taxes electronically with an ERO that uses Republic Bank for their Refund Transfers2. Advance money is typically available within 24 hours3.

For EROs that choose to offer preACK Easy Advance4, you can offer Easy Advances in early January before the IRS even opens.

Easy Advance Options
Easy Advance Plus

Want to have the highest advance amount available? Choose the Easy Advance Plus option and offer loan amounts of $6,000, $4,500, $3,000, $2,000, $1,500, $1,000 or $500 based on the taxpayer’s net refund.

For your customers that need cash quickly but don't want to pay a fee, Easy Advance Plus now has no charge to the taxpayer for the $500 or $1,000 loan amounts!

  • Customers choose their loan amount
  • No charge to taxpayers for the $500 or $1,000 loan
  • Shared cost between taxpayer and ERO for loans $1,500 and above
  • EROs pay same fees for all approved Easy Advances
  • Available to new and returning EROs

*Please note: Easy Advance Plus losses more than 4% may result in forfeiture of ERO incentives.

Easy Advance Customer Pay5
  • $500 to $3,000 loan amounts based on taxpayer's net refund
  • No charge to the ERO
  • Customers choose their requested loan amount and pay the associated Finance Charge

*Please note: Easy Advance Customer Pay losses more than 2% may result in forfeiture of ERO incentives.

preACK Easy Advance
  • Attract and retain customers by offering an advance before e-file starts. After choosing Easy Advance Plus or Customer Pay, add on the preACK Easy Advance option.
  • Issue money to your approved customers at the beginning of January before the IRS even opens.

What is an Easy Advance?


An Easy Advance (EA) is a no recourse loan secured by a taxpayer’s tax refund to eligible applicants. If approved, a Finance Charge may apply. Advance money is typically available within 24 hours of IRS acceptance of the tax refund.3 There will be no collections activity on unfunded taxpayers.

Upon receipt of a Federal or State tax refund, the EA is repaid by deducting the loan amount and Finance Charge from the refund. After repayment, the remaining amount of the refund is disbursed to the taxpayer by the same disbursement option chosen for the EA proceeds.


Who is eligible for an Easy Advance?


To be eligible to apply for the EA, the expected Federal refund must be equal to or greater than the net refund minimum after all authorized fees have been deducted.

What are the disbursement options?

  • If a customer chooses a Refund Transfer, the EA can be disbursed to the taxpayer by a bank check printed at the tax office, direct deposit to the taxpayer’s personal bank account, or  loaded to a NetSpend® Visa® Prepaid Card6.
  • If the customer applies for an EA without a Refund Transfer, the EA can be disbursed only by direct deposit or prepaid card.

What does it cost to offer an Easy Advance?

  • A fee will be charged to the ERO for every approved EA. An additional fee will be charged for each approved preACK EA.
  • If approved, the taxpayer will pay a Finance Charge to the Bank. The ERO cannot pass these fees to taxpayers that apply for an EA.

What is the time frame for an Easy Advance?

  • EROs enrolled in preACK EAs will be able to offer EAs starting in early January until the start of filing season.
  • Easy Advance loans are available from the start of filing season through February 28th.

Additional Details

  • Tax return will be evaluated to determine the likelihood that it will be funded by the IRS.
  • All EA Applications will be on an individual basis so only one taxpayer can apply. It is the taxpayer’s choice in determining who applies for the EA7.
  • Customers do not have to choose a Refund Transfer to apply for the Easy Advance.
  • Available to customers in all 50 states.

1 ERO must be enrolled for Republic Bank’s Refund Transfer Program to offer the Easy Advance programs. Cost to ERO per approved Easy Advance, if any, will be deducted from ERO tax preparation fees and cannot be passed to the taxpayer. If a customer does not choose a Refund Transfer, disbursement options are direct deposit or prepaid card. Net Refund refers to the taxpayer’s expected refund amount after deduction of all fees. Please check with your software provider for availability as some options may not be available. All information is as of August 2022 and is subject to change.

A Refund Transfer is a fee-based product offered by Republic Bank & Trust Company, Member FDIC. A Refund Transfer Fee and all other authorized amounts will be deducted from the taxpayer’s tax refund. Pricing and rebates vary by software. 

3 EA proceeds are typically available within 24 hours of IRS acceptance of tax return or within 24 hours for those filing before the IRS start date; however, if direct deposit is selected, it may take additional time for the financial institution to post the funds to the account.Not available for all software partners. Please check with your provider for availability.

4 There will be an additional charge to the ERO for each approved preACK Easy Advance.

5 Not available for all software partners. Please check with your provider for availability.

6 The Netspend Visa Prepaid Card is issued by Republic Bank & Trust Company, Member FDIC pursuant to a license from Visa U.S.A. Inc. Use of the Card Account is subject to activation, ID verification, and funds availability. A Monthly Fee, transaction fees, terms, and conditions apply to the use and reloading of the Card Account.

7 The individual who is NOT applying will be listed in Section 5 of the Bank Product Application and Agreement, which states that although they are not an applicant, they are still granting a security interest in their tax refund to repay the loan. Both customers will sign the Bank Product Application at the bottom, however, only the applicant's name will appear on the EA check. Remaining funds in excess of the loan payoff will be issued to all taxpayers listed on the tax return.

What ERO's Are Saying

Tools and Features...
"I use all of these tools every year and they help my small business run extremely well. I have worked with other banks before who didn't offer some of this assistance. This does make a difference."

Marketing Assistance...
"I was extremely satisfied with the services that were offered!"

Customer Service...
"Republic Bank has been a great company to work with and I appreciate the securities they have set in place for EROs and their clients."