Can I Transfer Money From My Emerald Card To a Bank Account?

Yes, you can. Have you heard about Emerald Card in the past? To start with, you will note that this card is issued by Bofi Federal Bank subsidiary of Axos Financial, Inc. In fact, most people know it as H&R Block Emerald Prepaid MasterCard. This card has become very popular among customers who want to enjoy all the benefits of a prepaid card but do not qualify to have a regular credit card. One advantage of having this card is that you do not need to have a good credit score for you to apply for it. Besides this, the card allows you to make withdrawals free of charge when using in-network ATMs. 

When it comes to activation, you will not be charged any extra charges. This card also allows you to pay your regular bills seamlessly and even manage your account from any device. Unlike other cards, this one allows you to get cashback for all the purchases you make. Generally, this card has proved to be a game-changer as far as financial services are concerned. However, you might be wondering if one can transfer money from this card to a bank account? The good news is that this is possible. In this article, we shall take a closer look at how you can do this and the facets around it.

How to Transfer Money From My Emerald Card to a Bank Account

As we speak, you can now transfer money from this card to a bank account. The good news is that you will not incur any extra charged to transfer funds to any of your eligible Bofi accounts. You can actually make these transfers online from the comfort of your home. All you need to do is to visit this card’s site and then transfer money from the card to the eligible bank account. However, for you to do this, you need to submit a transfer request form. There are several details that you should include in the transfer form. They include: 

  • Your first and last name
  • Your Phone number
  • Your Emerald card number
  • The Social Security Number
  • Bank account number

It is important that you ensure that you fill in the correct information before submitting the form. More importantly, you should provide recent personal details so that the bank can readily reach you. Countercheck this information and then mail this form to H&R Block Bank. This bank will later contact you so that they can process your request. If you have issues, you can contact the customer care team for guidance by dialing 1-800-472-5625.

See More: How To Transfer Money From Credit Card To Bank Account?

FAQs – Frequently Ask Questions

Can I get money off my Emerald card?

Yes. Just like any other prepaid card, you can use this card to withdraw money from an ATM near you. However, the ATM has to display Maestro, MasterCard, or Cirrus brand mark. Besides this, the ATMs should be located within the US. Better still, you can walk to your financial institution and then make withdrawals over the counter. Either way, you will get your money.

How much can I withdraw from my Emerald card?

Unlike other cards, the Emerald card allows you to withdrawal up to $3000.For other cards, you might be allowed to only withdraw up to $1000 or even less per day. This makes this card better than its counterparts.

How much does the Emerald card cost?

To start with, you will not be charged anything as far as activation is concerned. Besides this, you will not incur any monthly maintenance fee when using this card. Also, you will not incur an extra charged whenever you want to transfer money from the card to a bank account. This means that you are bound to save more on cost. In fact, the only instance when one will incur an expense is when he or she will be making ATM withdrawals. Here, you can expect to be charged $3.00 per withdrawal from any ATM outlet.

What is the maximum balance can I have on Emerald card?

The maximum balance that this card can hold is $9500.Therefore, if you have amounts close to $9500 or even more,  it is advisable that you utilize this money in other ways. For instance, you can deposit the excess of $9500 to an account that yields some interest. A good example is a savings account or even a money market account.

How do I apply for H&R Prepaid Emerald MasterCard?

As we speak, you can now apply for this card online from the comfort of your home. All you need to do is to visit the MetaBank site and then fill in the application form. As you apply for this card, there are some details that you should submit. These include your name, date of birth, your address, Social Security Number, your email, and so on. 

Ensure that you confirm everything is correct before submitting your application. Better still, you can apply at the nearest H&R Block tax office. At the tax office, you will find a team of professionals who will guide you on how to apply for this card.

How can I check my Emerald card balance online?

You can now check your Emerald card balances online with their special card app. You can readily get this app on Google Play Store or Apple App Store. Once you have downloaded this app on your mobile device, you can then log in to your account and then check the balance. 

Besides downloading this app on your phone or tablet, you can visit the Emerald card’s website and check the balance. You can use any of these ways depending on what is convenient for you.

Final Thoughts

From allowing you to manage your finances to allow you to shop around the US, the Emerald card has proved to be a lifesaver for many people. Besides this, you will not incur any monthly maintenance fee when using this card. When it comes to activation, you will also not incur any additional costs. Unlike other cards, this one can be obtained by everyone regardless of your credit score. Finally, you will be able to transfer money from this card to a bank account. All you need to do is follow the steps mentioned above and everything will be a success. Apply for this card today, and you will not regret it.

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