News Center

Home : Publications : Press Releases : News Center

Louisiana Department of Revenue introduces pre-paid MyRefund Card for income tax refunds

December 22, 2011

BATON ROUGE – Louisiana taxpayers who do not choose direct deposit for their state income tax refunds will receive those refunds in the form of a pre-paid debit card, the Department of Revenue announced Monday.

The Louisiana MyRefund Card permits free teller-assisted withdrawals at all banks and credit unions that accept visa; it allows unlimited no-fee cash-back transactions at retail merchants; and it allows no-fee cash withdrawals at all ATMs operated by Chase, the vendor bank issuing the card. In addition, MyRefund card holders can manage the funds in their refund accounts entirely online. Online services include the ability to check card balances for free, online bill pay, and the ability to issue oneself a paper check for the full card balance.

Taxpayers who prefer checks can also call or visit any LDR office for assistance. However, they must do so before activating the MyRefund card.

“Security and convenience are the primary benefits of the MyRefund Card,” said Secretary of Revenue Cynthia Bridges.

The card is inactive when it arrives by mail. The recipient must call a toll-free number to activate it with uniquely identifying personal information.

LDR will issue the MyRefund Card to taxpayers who file paper individual state income tax returns and to individual electronic filers who do not choose direct deposit for their refunds.
Information is available at www.revenue.louisiana.gov/myrefund.