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What is the mbi FlexConvenience card?

April 26, 2017card flexconvenience MBI

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What is the mbi FlexConvenience card?

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All FSA participants receive a debit-style MasterCard that allows direct access to FSA funds for eligible health care and dependent care expenses. This means nno waiting period for reimbursements. When you use your card, availble funds are deducted from your FSA account to pay for services or supplies. You must submit receipts for these purchases to Colonial HeathCare within 10 days in order to comply with IRS rules.