The Discovery Benefits debit card is the fastest and most convenient way to pay for eligible expenses. The debit card makes it easy to access funds in your pre-tax benefits accounts, reducing your out-of-pocket costs. At many merchants, it also simplifies the way expenses are verified for eligibility. How It Works Swipe your benefits debit card to instantly pay for eligible expenses with funds from your benefits accounts. Make sure to
What are the benefits of using a Discover Card?
- We pick the best credit cards for cashback, clearing debt and airline points
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- If used correctly, credit cards can both earn and save you money
- We also run the rule over fees and charges that kick in when special offers end
What are the benefits of a Discover credit card?
- The flagship Cash Back card
- Student Chrome
- Student Cash Back
- Travel
- Secured
- Gas & Restaurants
- Business
- NHL 3 11
What are Discover Card Benefits?
Ongoing rewards:
- 5% cash back on rotating quarterly categories on up to $1,500 in purchases each quarter (requires activation); 1% after that. ...
- 1% cash back on all other purchases.
- Note: Rewards are earned on purchases only, not on balance transfers.
Which Discover Card is best?
- Wells Fargo Active Cash℠ Card: Best for Flat-Rate Rewards
- Blue Cash Preferred® Card from American Express: Best for Bonus Rewards
- Discover it® Miles: Best for First-Year Rewards
- Chase Freedom Flex℠: Best Cash Back Card with Rotating Categories
- Capital One QuicksilverOne Cash Rewards Credit Card: Best for Fair Credit
What is a benefits card used for?
Instead of getting checks, recipients receive a type of prepaid card called a government benefit card. Each month the benefit amount is loaded onto the card. The federal government uses prepaid cards to pay certain federal benefits, such as veterans' benefits or Social Security benefits.
What kind of company is Discovery Benefits?
Discovery Benefits, Inc. provides employee benefit administration services. The Company offers flexible spending accounts, health reimbursement arrangements, transportation benefit plans, and related services. Discovery Benefits serves customers in the United States.
What is Discovery Benefits FSA?
Discovery Benefits is the Flexible Spending Account (FSA) vendor. • Make the most of your money. A Dependent Care/Day Care FSA provides an easy way for you to set aside pretax money to use for eligible dependent care (day care) only. This is available to any member regardless of health plan.
How do I activate my discovery benefits card?
1-866-898-9795 to activate your card.
Who took Discovery Benefits?
WEX Inc.WEX Inc. WEX yesterday announced the completion of previously-announced acquisition of Discovery Benefits, Inc. (DBI). The transaction is valued at $425 million in cash, which includes $50 million to be deferred till January 2020.
How do I check my discovery benefit balance?
Continue to log in to your online account like you do today with your existing username and password at https://benefitslogin.wexhealth.com. You can also access your account from the WEX benefits mobile app. If you already use the app, just log in with your existing username and password.
Can I use my FSA card for gas?
Fuel is eligible for transportation to and from medical care, up to the allowed mileage rate. Fuel, gasoline for medical care reimbursement is eligible with a flexible spending account (FSA), health savings account (HSA) or a health reimbursement arrangement (HRA).
How do I withdraw money from my FSA card?
Unfortunately, FSA cards cannot be used to withdraw FSA funds from an ATM. These cards can only be used directly on qualifying medical products and services. This comes from the fact that FSA funds are pre-tax and cash cannot be easily monitored for eligible purchases.
What happens if you don't use all your FSA money?
Where does the money go? Unused FSA money returns to your employer. The funds can be used towards offsetting administrative costs incurred during the plan year, employers can also reduce annual premiums in the next FSA year, or funds must be equally distributed to employees who enroll in an FSA for the next year.
How do I get reimbursement from Discovery Benefits?
Claims can also be submitted by logging in to your account at www.discoverybenefits.com. This form is for reimbursement of any out-of-pocket expenses where your Discovery Benefits debit card was not used.
What did Discovery Benefits change to?
Discovery Benefits is now known as WEX. As a result, there will be upcoming brand changes that will impact your flexible spending, health savings, and commuter benefits accounts. You'll notice changes in brand name and logos to the online account and mobile app, including where you go to log in.
What can I use my HSA for?
HSA - You can use your HSA to pay for eligible health care, dental, and vision expenses for yourself, your spouse, or eligible dependents (children, siblings, parents, and others who are considered an exemption under Section 152 of the tax code).
Who made Discover cards?
Dean Witter Financial Services Group Inc., a subsidiary of Sears, Roebuck, and Co., developed the Discover card in the early 1980s. Testing for the card began in 1985—the very first purchase was made by a Sears employee from Chicago in a Sears store in Atlanta—and there was also test marketing in Atlanta and San Diego.
When did Discover come out?
Discover came to the market in 1986 as a more customer-friendly card. Today, the cards maintain those traits, but the benefits that set the brand apart years ago are now fairly standard in the industry. Carefully review the terms on each of its cards before applying.
How much cash back does a business card give?
The Business card offers 1.5% cash back on all purchases, with no cap on the amount you spend.
When did Discover start?
Discover was an innovator when it launched in 1986, with its no annual fee and cash back rewards program. 2. Discover offers eight major credit cards today; terms and features vary. 3. While competitors have aped many of its innovations, Discover ranks high in customer service and satisfaction among credit card companies. 4.
Is Discover the seventh largest credit card company?
In the mid 2000s, agreements with foreign payment networks, like Japan's JCB and China's UnionPay, greatly increased its usage abroad. 2 As of 2021, Discover is the seventh-largest issuer of credit cards in the world with over 57 million cardholders. 1.
Does Discover have cash back?
Although the cash back feature was attractive to consumers, Discover caught on slowly with merchants; at first, only major airlines and rental-car companies—and of course, big retailers like Sears—accepted it. But it gradually increased in popularity.
What happens if you lose your Discover card?
If your Discover card is lost or stolen, the company will ship you another one, overnight, for free. At certain retailers, you can use your Discover card to get cash back when making a purchase, similar to what you can do with a debit card. Discover will charge your regular purchase interest rate for this, not a higher cash advance APR.
When did Discover travel insurance stop?
Specifically, Discover's travel benefits were eliminated in early 2018, including auto rental insurance and flight accident insurance. So, if you're planning on doing a lot of traveling, you might be better off with one of our other favorite travel credit cards.
Do Discover cards have travel benefits?
Benefits Discover cards don't have. In the interest of helping you pick the best credit card for you, it's important to point out that there are some popular credit card benefits you won't get with a Discover card. This is especially true when it comes to travel benefits.
Does Discover have a customer service department?
Discover has U.S.-based customer service. What’s more, unlike your typical credit card issuer, Discover commits to not try to sell you other products when you call their customer service department. All Discover cards match the rewards earned in the first year, which matches the rewards you earn during your first year of being a cardholder.
Is Discover card easy to use?
For one thing, Discover card rewards are easy to use -- Discover card rewards points are redeemed as a cash back statement credit, with no minimum redemption amount -- and Discover card rewards rates are highly competitive. But the appeal goes beyond simply offering good rewards credit cards.
Does Discover offer warranty?
In addition, Discover also recently eliminated some benefits that are favorites among shoppers, such as purchase protection, return protection, and extended warranty benefits. To be fair, several other card issuers have also cut these types of benefits, but many issuers do still offer them.
Is Discover the right credit card?
And if travel- or purchase-related benefits are at the top of your priority list, a Discover card may not be the right credit card product for you. Having said that, the Discover card rewards program offers some unique features, such as the doubling of your cash back or miles during the first year. Plus, some of Discover's other perks are valuable, ...
Tracking your finances made easy
Check your FICO ® Score anytime for free with no dings to your credit. 3 will go to legal disclosure in same page
Discover Mobile App
Our mobile app puts everything you need at your fingertips, wherever you go.
Rewards
Earn 5% Cashback Bonus ® on everyday purchases at different places each quarter like Amazon.com 8 will go to legal disclosure in same page , grocery stores, restaurants, gas stations and when you pay using PayPal 9 will go to legal disclosure in same page , up to the quarterly maximum when you activate.
How long does it take to get a refund from Discover?
If you are unhappy with a purchase, you can return it within 90 days , and Discover will refund up to $500 regardless of the original store’s return policy. Online Shopping Mall: Earn up to 20% cash back when you shop on Discover’s online mall.
How long does Discover pay for theft?
Purchase Protection: For 90 days, you are protected against stolen or damaged merchandise you purchase with the Discover card, up to $500. Price Protection: If you purchase an item and then find it for less at another store within 90 days, Discover will pay you the difference.
Employers
Where do I log in to my account? Continue to log into LEAP like you do today using your existing username, password and passcode to access either your benefits administration or COBRA administration. We will be updating the login page for LEAP and will share a link to the new URL once it is live.
Spending or Savings Accounts
Where do I log in to my online account? Continue to log in to your online account like you do today with your existing username and password at https://benefitslogin.wexhealth.com.
COBRA & Retiree Accounts
Where do I log in to my online account? Continue to log in to your online account like you do today with your existing username and password at https://cobralogin.wexhealth.com.
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The rating our clients gave our single-source employee benefits and COBRA administration hub. (Say goodbye to paper implementations.)
