The myFlexResource Debit Card
With the myFlexResource Debit Card you now have these Benefits:- Have an easy way to pay for eligible expenses and incur no out of pocket expenses.
- Enjoy the convenience of having access to Qualified Reimbursement Plan Funds without waiting for reimbursements.
- No longer feel the pain of "Spending" your money twice (once as a salary reduction and then again as payment for the expense).
- No more claim forms to file – Receipts must be submitted upon request.
The myFlexResource Debit Card is an added convenience to your plan. When your service provider accepts the debit card you pay for expenses directly from your flex account rather than having to pay out-of-pocket and then wait to receive your reimbursement.
Enjoy the convenience of having access to Qualified Reimbursement Plan Funds without having to file a claim form or wait for reimbursements via checks or direct deposit. Sign up today!
If you already have a card, don't throw it away at the end of the year. It will be recharged from year to year when you re-enroll.
Charges on the card will automatically reduce the balance in your Flex Account. You may use your card for eligible expenses up to the available balance in your Flex account, however, a $2,000 daily limit applies. When asked “Credit or Debit?” choose "Credit." The card has no "PIN" number.
Keep your Receipts! This is an IRS Requirement!
We will request copies of receipts when needed to verify the eligibility of charged items. Failure to submit the receipt(s) will cause the expense to be treated as a non-qualified expense, your card privileges will be suspended and you will be required to reimburse your employer by repaying the expense on-line.
