Visa Healthcare Cards

Feature Comparison Chart Table

Feature Comparison Chart	HSA	FSA	HRA
Pre-Tax DeductionsContributions made to these accounts are done so on a pre-tax basis, which lowers your payroll taxes and allows contributed funds to remain untaxed.			No
Interest-BearingContributions made to these accounts will yield an interest rate, serving as a valuable savings account similar to 401k or an IRA.		No	No
PortableThis indicates the ability to move your account from one employer to another.		No	No
Individual-OwnedContributions made to these accounts are held by the individual, and can be withdrawn at any time and without penalty for qualified purchases.			No
Employer-OwnedContributions made to these accounts are held by the employer and cannot be transferred outside of the company.	No	No
Employer ContributionsFunds can be provided by the employer and deposited into these accounts.		No
Employee/Individual ContributionsFunds can be provided by the employee or individual owner and deposited into these accounts.			No
Associated with HDHPsThese accounts are almost always used in conjunction with lower-cost High-Deductible Health Plans.		No
Annual Contribution RolloverIf, at the end of the year, you have not used the funds in this type of account, you do not lose any of your contributions. Instead, they accumulate from year to year until used.		No
Loss of Unused FundsIf, at the end of the plan year, you have not used all funds in this type if account, you will lose the unused portion.	No		No
Annual Contribution LimitsFor these accounts, federal caps allow only a certain amount to be deposited each year. Tax benefits do not apply to contributions above the applicable cap.			No

Benefits of Visa Healthcare Cards

Take advantage of fast, easy access to funds, as well as attractive tax savings, by choosing a Visa Healthcare card.

• Convenience
  Visa Healthcare cards make it easy to pay for qualified healthcare expenses, such as doctor visits, over the counter medications, and prescriptions. Using a Visa FSA/HRA card virtually eliminates the time-consuming process of paying with cash or checks and then filing for reimbursement.
• Greater satisfaction
  Visa Healthcare cards offer ease of use and fast, convenient access to funds.
• Reduced paperwork
  Use of Visa FSA/HRA cards can help reduce paperwork with fewer reimbursement claims, and make it easier to use all of your FSA/HRA funds within the plan year.
• No waiting for FSA reimbursements
  Rather than wait days or weeks for expense reimbursement, participants with Visa FSA cards can access funds directly and immediately, thus improving personal cash flow by not being out-of-pocket twice.
• Peace of mind
  As with many Visa products, the Visa Healthcare card is backed by Visa Zero Liability Policy, which safeguards cardholders from unauthorized purchases; cards can be replaced with the full amount of unauthorized transactions.¹

Get More Information

For more information or to learn how you can get a Visa Healthcare card, contact your HSA provider or custodian/trustee for information on your HSA, or your employer or benefits administrator for your FSA/HRA.

For additional information, you can also access our Frequently Asked Questions.