Some retailers might also have balance information available at the bottom of their receipts.Ways to check the balance on your FSA card And the information below will help you understand how to handle your card. BUT, if you ventured here wondering about the difference between FSA and HSA cards, guess what? They function in the exact same ways. non-eligible expenses, so you can shop accordingly, and play by the rules! When you use your card, the computers immediately recognize eligible vs. The key takeaway about these systems is: They verify eligibility so you're not hit with a surprise denial. We could go into a lot of details about these systems, but there's no need to bore you with jargon. However, if an FSA holder opts to make a purchase with his/her card for a product or service that is a non-health care merchant, this merchant has to support an inventory information approval system (IIAS). Employees get reimbursed once the paperwork is submitted for eligible expenses.įSA cards make the reimbursement process much easier by automatically withdrawing funds from the debit card. Without an FSA card, FSA holders who wish to access their funds are required to pay an out-of-pocket expense, and then submit receipts to their benefits administrator. A big-picture look at the humble-but-awesome FSA cardįlex spending cards are essentially the same as debit cards but used only to cover eligible medical expenses, drawing the funds from your FSA.
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