There is no fee for the debit card. The TexFlex debit card lets you conveniently pay for eligible out-of-pocket expenses using your TexFlex health care FSA or limited FSA funds. Because your TexFlex account funds are pre-tax, the Internal Revenue Service (IRS) requires that the TexFlex debit card only be used at providers and retailers who provide eligible services and products.
If you do not have your card when payment is due at the provider, you have the option of paying the expense using another form of payment and submitting a claim for reimbursement.
Remember to always keep your receipts.
The IRS requires FSA administrators validate that all debit card swipes are for eligible expenses. WageWorks will send you a TexFlex Card Swipe Validation Request if you’ve made a purchase with your TexFlex debit card that wasn’t automatically validated. The following are examples of purchases that may require an itemized receipt or Explanation of Benefits (EOB).
- You used your card at a merchant that does have an inventory information approval system (IIAS).
- WageWorks cannot match the amount of the transaction to one of your plan’s copay amounts.
- The merchant or provider’s office does not provide enough detail to validate the expense. This may occur if you go to the dentist or hospital.