Published on February 1st, 2018 | by William Charles18
Capital One Offering H&R Block Premium In Exchange For Tax Data
Capital One is offering some card and account holders H&R Block Premium product, there is no charge when using this service but in exchange Capital One gets access to your tax data. You’ll need to log into your account to see if you’re eligible for this deal or not (you should see an offer similar to below). You can see a list of features here. You’ll see the following warning when accessing the H&R site:
- I authorize H&R Block* to disclose to Capital One my Social Security number and income information used for my 2017 tax return so Capital One may provide me personalized evaluations regarding credit odds and limits and provide me offers. I also authorize H&R Block to disclose to Capital One information from my 2017 tax return necessary to service, maintain, report on, and administer my participation in this offer and the tax preparation application
Personally I’d rather pay the money to get access to H&R Block than give Capital One this level of data. I could maybe see it being more attractive if it was anonymized data that they were using in aggregate, but I don’t see how that would be particularly useful. We’ve recently also seen Credit Karma come out with a similar free tax filing service as well. I personally find that paying a tax professional to handle my taxes is worth the expense, but everybody will be different so do your own research.