Canadians get tax refunds faster, safer, cheaper with new H&R Block Advantage
MasterCard Canada, DC Bank, and H&R Block partner on innovative offering
TORONTO, Feb. 6, 2013 /CNW/ - Canadians who want their tax refund quickly but
don't want to pay cheque-cashing fees and take unnecessary risks with carrying
cash, now have a better way to get their tax refund quickly and securely.
MasterCard Canada has partnered with H&R Block, Canada's largest tax preparer
and DC Bank, a leading provider of prepaid cards, to offer the H&R Block
Advantage Prepaid MasterCard.
Some of the benefits of the new offering include:
-- Get the card for FREE - no credit check, no activation fees, no
bank history required
-- Shop online or over the phone
-- Relax knowing your prepaid H&R Block MasterCard is secure
-- Save on cheque cashing fees
-- Reload the card with your refund next year
-- Always know your balance with the H&R Block FREE mobile update
"You don't often hear people talking about convenience, flexibility and
freedom at tax time," said Richard McLaughlin, Senior Vice President of Global
Products and Solutions, MasterCard Canada. "But that's what we have been able
to create with our partners H&R Block and DC Bank."
H&R Block customers can use the new card to do many things they can't with
cash or a cheque. Having their Instant Cash Back tax refund loaded onto an H&R
Block Advantage Prepaid MasterCard provides the convenience of instant access
to their refund with no costs or hassles.
"Moving to a prepaid MasterCard as a new way to receive your refund instantly
offers our customers unique advantages we were unable to provide with just a
cheque. The text messaging service that tells you your balance each time you
use the card and the ability to shop online are just a few key benefits of
MasterCard we're excited to share with our customers as we kick off our 2013
tax season," said Richard Brown, President, H&R Block Canada.
The H&R Block Advantage Prepaid MasterCard® is free with H&R Block's Instant
Cash Back service, and requires no credit check or bank history. It enables
H&R Block customers to use ATMs or shop in stores, online or over the phone -
wherever in the world that MasterCard is accepted -- and to know they have the
full security of a MasterCard product. Using the card means there are no
cheque-cashing fees and no cash-handling worries. And users can simply load
next year's tax Instant Cash Back refund onto the same card.
"This month Canada officially stopped using the penny because it's expensive
and inconvenient," said Richard McLaughlin. "The H&R Block Advantage Prepaid
MasterCard® is another great example of payment innovations that make sense
because they are faster, more convenient, more secure and less costly. It's
another step to a world beyond cash."
"We're delighted to join forces with H&R Block and MasterCard to offer the H&R
Block Advantage Prepaid MasterCard, reaching new customers and diversifying
our services," said Susan Gallacher, President, DC Bank.
About H&R Block Canada
H&R Block Canada has been preparing taxes for more than 45 years and is
Canada's leading tax preparation firm. Headquartered in Calgary, Alberta, the
company serves Canadian taxpayers in more than 1,100 offices across the
country. H&R Block Canada Inc. is a subsidiary of H&R Block, Inc., a
diversified company with subsidiaries providing a wide range of financial
products and services. Additional information about H&R Block Canada is
available at 1-800-HRBLOCK or www.hrblock.ca.
About MasterCard Worldwide
MasterCard NYSE: MA, www.mastercard.com, is a technology company in the global
payments industry. We operatethe world's fastest payments processing
network, connecting consumers, financial institutions, merchants, governments
and businesses in more than 210 countries and territories. MasterCard's
products and solutions make everyday commerce activities - such as shopping,
traveling, running a business and managing finances - easier, more secure and
more efficient for everyone. Follow us on Twitter @MasterCardNews, join the
discussion on the Cashless Conversations Blog and subscribe for the latest
MasterCard Canada Serda Evren VP, Corporate Communications & Philanthropy
SOURCE: MasterCard Canada
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CO: MasterCard Canada
-0- Feb/06/2013 15:00 GMT
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