Prepaid cards create a hassle-free environment in healthcare and transit applications. Pre-Tax Benefit cards are used to manage spending at clinics and hospitals, as well as purchase tickets and pay for transportation costs.
Healthcare cards from The Bancorp Bank allow consumers to pay medical expenses when using a Flexible Spending Account (FSA), Health Reimbursement Account (HRA), or Health Savings Account (HSA). Consumers appreciate the easy-to-use functionality of a prepaid healthcare card that is accepted at pharmacies, physician offices and hospitals.
Transit cards allow employers to provide tax-advantaged transit benefits to employees without issuing checks or vouchers. These prepaid Transit cards eliminate the reimbursement process and make life easier for employees. Employees can use the prepaid card for transportation related expenses such as bus, subway, train and parking services. Employees are also able to track their spending online. When new funds are needed, simply reload the card.