Why did I get a WEX benefits card?
The WEX Health Debit card is a special-purpose Mastercard that gives participants an easy, automatic way to pay for eligible Health Care FSA expenses. The Debit card lets participants electronically access the pre-tax amounts set aside in the Health Care FSA.
What can I purchase with my WEX benefits card?
debit card. Members enjoy quick access to funds via a VISA or Mastercard restricted, prepaid debit card for supplemental benefits such as dental, vision, hearing, fitness, chiropractic, acupuncture, groceries, OTC, home services, and more.
Can I get cash from my WEX benefits card?
Participants cannot get cash with the WEX Health Payment card.
What is a WEX benefit plan?
WEX offers a comprehensive and competitive benefits package designed to help make life better - at work and at home. We believe employee wellbeing drives overall engagement and morale which positively impacts business results. Know what opportunities are available to you as an employee of WEX.
Can I use my WEX benefits card at Walgreens?
The benefits card works at qualified medical, dental, vision, pharmacy, and IIAS locations. These typically include large retailers such as Wal-Mart, Target, Walgreens, CVS, and Amazon.
Can I use my WEX benefits card on Amazon?
A: Amazon allows you to add your FSA or HSA card to your account as a method of payment. You can then use your card to make eligible purchases.
Can I use my WEX HSA card at an ATM?
The transaction is approved because doctors' offices are coded as medical providers. Note: You may be asked for additional documentation after the charge is approved. You swipe your benefits card at an ATM. The transaction is declined because ATMs are coded as financial institutions.
How do I use my WEX HSA card?
Your WEX Health Card is programmed with your FSA balance amount. Simply present the card to a qualified provider or merchant or swipe your card at the point of sale or service. Select “credit” when asked “credit or debit.” You do not need to enter a personal identification number (PIN).
Can I use my WEX benefits card at Walmart?
The WEX benefits debit card works anywhere that offers an Inventory Information Approval System (IIAS) or at merchants that meet the IRS' 90 percent rule.
What is a Flexible Spending Account (FSA)?
It helps participants save on out-of-pocket qualified medical, dental, and vision expenses, or qualified dependent care expenses.
WEX Simplifies FSAs for Everyone
From intelligent carryover and seamless support of grace periods for our partners, to one debit card, one online account, and one mobile app for participants to use for all their benefit accounts, WEX simplifies these accounts for everyone.
Why WEX?
Reduce manual processes and easily administer with industry-leading features. Intelligent carryover and seamless support of grace periods removes the burden of managing these processes from you, and creates a hassle-free experience for participants.
Intelligent, Seamless, User-Friendly tools from WEX
Whether you take advantage of our intelligent carryover, seamless support of grace periods, or love us for our user-friendly experience, WEX is committed to investing in industry-leading technology to give you access to innovative features to streamline your workflow and simplify the participant experience.
Get More Information from WEX
Download your resource by simply clicking on the image to get all the details you need on FSAs from WEX for partners, consultants/brokers and employers.
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When did WEX publish its gas card?
To learn more about WEX, a growing and global organization, please visit wexinc.com. Editorial note: This article was originally published on October 16, 2019, and has been updated for this publication.
What should businesses seek cards for?
Businesses should seek cards that come with powerful fuel management tools and mobile apps that can be used to find opportunities to help reduce spending and help identify purchasing anomalies and misuse.
What is a fleet card?
A fleet card is more than a credit card. Fleet cards can provide businesses of all sizes with tools to manage fuel expenses and reduce risks involved in fuel payment, all in one place.
What is the convenience of a universal fleet card?
The Convenience of Universal Cards That Can Be Used Virtually Anywhere. “Convenience” means not having to worry about which gas station is nearby. This is one of the many benefits of a universal fleet card. “Universal” fleet cards are accepted at virtually any U.S. gas station—up to 95% of them.
What is contactless payment?
Contactless payment: reduces the time your drivers have to spend at the pump, increases security, protects against lost or stolen cards, and protects against skimmers.
Do fleet cards offer fuel rebates?
Most fleet cards offer fuel rebates, so you can save a few cents per gallon at the issuing brand. (This means if you get a fleet card from Brand X, you get rebates only on fuel purchased at Brand X locations.) The more you and your employees drive, the more savings add up. They appear as a credit on your invoice.
Do fleet cards save you money?
Fleet cards often allow fleet managers to save on fuel expenses. Most fleet cards offer fuel rebates, so you can save a few cents per gallon at the issuing brand. (This means if you get a fleet card from Brand X, you get rebates only on fuel purchased at Brand X locations.) The more you and your employees drive, the more savings add up. They appear as a credit on your invoice.
