Tax season is a time when managing finances takes center stage, and having access to reliable tools and resources can make all the difference. For 2025, OceanFirst Bank is continuing its partnership with TurboTax to offer its customers a 10% discount on TurboTax products. This collaboration provides a cost-effective way to simplify tax preparation while taking advantage of the bank’s broader suite of financial services.
Let’s take a look at the details of the TurboTax discount, plus into OceanFirst Bank’s history and offerings, and discuss how the bank’s resources and services align with the needs of taxpayers. Along the way, I’ll share some practical insights into maximizing financial benefits during tax season.
The TurboTax 10% Discount: What You Need to Know
OceanFirst Bank customers can benefit from a 10% discount on TurboTax online federal products during the 2025 tax season (note: be sure to compare this offer to all of TurboTax’s current 2025 offers). This offer caters to a range of tax preparation needs, whether you’re handling a simple return or dealing with more complex financial situations.
What Does the Discount Cover?
The 10% TurboTax discount applies to several versions of the software:
- TurboTax Deluxe: Designed for those looking to maximize deductions, particularly if you have itemized expenses such as mortgage interest, medical costs, or charitable donations.
- TurboTax Premier: Tailored for individuals with investments, rental income, or cryptocurrency transactions.
- TurboTax Self-Employed: Aimed at freelancers, contractors, and small business owners, offering features that help track business expenses and maximize industry-specific deductions.
- TurboTax Live and Full Service: Options for those who prefer professional guidance or to outsource the filing process entirely.
To access the discount, OceanFirst customers can use a dedicated link provided by the bank. This ensures that the savings are automatically applied at checkout, making the process seamless and accessible.
About OceanFirst Bank
OceanFirst Bank, headquartered in Red Bank, New Jersey, has a rich history of serving customers in the region with a focus on personalized banking and community engagement. Since its founding in 1902, the bank has evolved from a small savings institution to one of the leading community banks in the Northeast.
A Brief History of OceanFirst Bank
OceanFirst began as a mutual savings bank, initially established to help local residents manage their savings and secure home financing. Over the decades, it grew steadily, expanding its footprint throughout New Jersey and neighboring states. In 1996, the bank transitioned to a publicly traded company, allowing it to further extend its services and reach.
Today, OceanFirst operates more than 40 branches across New Jersey, as well as in New York and Pennsylvania. It serves a diverse clientele, including individuals, families, and businesses, with a wide range of financial products and services.
Locations and Accessibility
OceanFirst Bank’s branch network is concentrated in the Northeast, with a strong presence in coastal and suburban communities. For customers outside its physical footprint, the bank offers robust online and mobile banking options, ensuring accessibility no matter where they are.
Benefits of Banking with OceanFirst
OceanFirst Bank provides a range of benefits that make it a strong choice for individuals and businesses seeking reliable financial services.
- Community Focus: OceanFirst is deeply committed to supporting local communities. Through initiatives such as the OceanFirst Foundation, the bank donates millions of dollars annually to nonprofit organizations and community development projects.
- Personalized Service: As a regional bank, OceanFirst prioritizes building strong relationships with its customers. Its team of knowledgeable bankers works to understand individual needs and provide tailored solutions.
- Diverse Product Offerings: From checking and savings accounts to mortgages, personal loans, and business banking solutions, OceanFirst offers a comprehensive suite of products designed to meet a variety of financial needs.
- Digital Banking: OceanFirst’s online and mobile banking platforms provide convenient tools for managing accounts, paying bills, and even depositing checks remotely.
- Specialized Services: The bank caters to unique customer segments, such as veterans, students, and small businesses, with products and resources tailored to their specific needs.
- Competitive Rates: OceanFirst is known for offering attractive rates on loans and deposits, making it an appealing choice for cost-conscious customers.
Drawbacks of Banking with OceanFirst
While OceanFirst Bank has many strengths, it’s not without limitations. Here are some potential drawbacks to consider:
- Limited Geographic Reach: OceanFirst’s branch network is concentrated in the Northeast, which may be a disadvantage for customers who prefer in-person banking but live outside the region.
- Small Business Features: While the bank offers solid business banking products, its features may not be as robust as those provided by larger national banks or specialized fintech companies.
- Fewer Cutting-Edge Technologies: OceanFirst’s digital banking tools are functional but may lack some of the advanced features offered by larger institutions with bigger technology budgets.
- Fee Structure: Some customers have noted that the bank’s fees for certain services, such as overdrafts or wire transfers, can be higher than those of its competitors.
OceanFirst and Tax Season
Tax season is a critical time for financial planning, and OceanFirst Bank offers several resources to help customers manage their taxes and optimize their financial health.
TurboTax Partnership
The 10% discount on TurboTax products is a prime example of how OceanFirst supports its customers during tax season. By partnering with TurboTax, the bank provides an affordable and user-friendly way to file taxes, whether you’re dealing with a straightforward return or a more complex financial situation.
Financial Education
OceanFirst is dedicated to promoting financial literacy among its customers. The bank regularly hosts workshops, webinars, and events focused on topics like budgeting, saving, and tax preparation. These resources empower customers to make informed financial decisions throughout the year.
Tools for Financial Organization
OceanFirst’s online and mobile banking platforms include features that can help customers organize their finances ahead of tax season. For example, transaction categorization tools and account statements make it easier to track expenses and gather necessary documentation for tax filing.
Savings and Loan Options
For customers expecting a tax refund, OceanFirst offers a variety of savings options to help them make the most of their windfall. Alternatively, for those who owe taxes and need assistance, the bank provides personal loans and lines of credit with competitive rates.
Maximizing Your Tax Season Benefits
Here are some practical tips for making the most of tax season with OceanFirst Bank and TurboTax:
- Claim the TurboTax Discount: Take full advantage of the 10% savings on TurboTax products. Whether you’re filing on your own or with the help of a professional, this discount can help reduce the cost of preparing your taxes.
- Organize Early: Use OceanFirst’s financial tools to gather and categorize your expenses and income documents well in advance. This will make the tax preparation process much smoother.
- Explore Tax Deductions and Credits: TurboTax’s software is designed to identify all eligible deductions and credits. Make sure to review these options carefully to maximize your refund or minimize your tax liability.
- Plan for Your Refund: If you’re expecting a refund, consider setting up a savings account with OceanFirst to allocate the funds toward future goals, such as buying a home, starting a business, or building an emergency fund.
- Seek Professional Help if Needed: If your tax situation is complicated, such as owning multiple properties or running a business, don’t hesitate to use TurboTax Live or consult with a tax advisor for personalized guidance.
OceanFirst Bank has been a trusted financial institution for over a century, offering a blend of personalized service, community engagement, and innovative banking solutions. Its partnership with TurboTax for the 2025 tax season is yet another example of the bank’s commitment to helping customers manage their finances effectively.
Whether you’re a long-time OceanFirst customer or considering joining the bank, the TurboTax discount is a valuable perk that makes tax season less stressful and more affordable. Coupled with the bank’s comprehensive financial services, OceanFirst provides a solid foundation for achieving your financial goals.
As tax season progresses, take advantage of the resources available to you, from digital banking tools to financial education programs. With careful planning and the right support, you can navigate this busy time with confidence and set the stage for a successful financial year.