What can I use my Fidelity HSA debit card for?
What can I use my Fidelity HSA debit card for?
qualified medical expenses
Once you’ve activated your Fidelity HSA debit card or NetBenefits AccessCard, you can use it to pay for qualified medical expenses at eligible health care providers, such as doctors’ offices and pharmacies, where Visa debit cards are accepted. Your card can’t be used at ATMs or to get cash back on purchases.
What can I pay with my HSA card?
HSA – You can use your HSA to pay for eligible health care, dental, and vision expenses for yourself, your spouse, or eligible dependents (children, siblings, parents, and others who are considered an exemption under Section 152 of the tax code).
Can I use my Fidelity HSA debit card at Walmart?
Walmart doesn’t currently accept HSA cards as a payment method, though, so customers who buy items from its HSA Shop use a credit or debit card and then submit an order receipt to their plan administrator for reimbursement.
What happens if I use my HSA debit card for non medical expenses?
It applies if you use the money you’ve saved in the account for non-medical expenses before age 65; once you turn 65, you can use HSA money for non-medical expenses without facing the 20% penalty, but you’ll still owe income taxes.
Can I withdraw cash from HSA debit card?
Your HSA Bank Health Benefits Debit Card provides access to your HSA funds at point-of-sale with signature or PIN and at ATMs for withdrawals.
Can I withdraw cash from my HSA debit card?
Can HSA be used for gas?
Fuel is eligible for transportation to and from medical care, up to the allowed mileage rate. Fuel, gasoline for medical care reimbursement is eligible with a flexible spending account (FSA), health savings account (HSA) or a health reimbursement arrangement (HRA).
Can I withdraw money from my HSA card at an ATM?
Health Benefits Debit Card – Your HSA Bank Health Benefits Debit Card provides access to your HSA funds at point-of-sale with signature or PIN and at ATMs for withdrawals.
How do I use my Fidelity HSA debit card at an ATM?
Your Card cannot be used to withdraw cash at ATM machines or through bank tellers. The Fidelity HSA debit card is intended to be used for the payment of Qualified Medical Expenses (“QME”) as defined by the IRS.
Can I use my HSA card at a gas station?
For example, you can use your card at a pharmacy or doctor’s office, but not at a gas station. This is to help ensure that you use your HSA funds for qualified expenses and avoid potential tax penalties.
Can you buy groceries with an HSA card?
The card itself may have restrictions on where you can spend—and on what. For example, your card might not work if you try to use it at a supermarket or convenience store. If you can’t run a transaction using your HSA card, you will have to submit your expenses for reimbursement after the fact.
Can you buy toilet paper with HSA card?
On the counterpoint, let’s take a quick look at some of the expenses that don’t qualify for payment out of your HSA, even during the coronavirus pandemic: Babysitting and childcare costs for a normal, healthy child. Medicines and drugs from other countries. Personal care items like toilet paper and soap.
Can you use HSA card for vitamins?
Generally, weight-loss supplements, nutritional supplements, and vitamins are used for general health and are not qualified HSA expenses. HSA owners usually cannot include the cost of diet food or beverages in medical expenses because these substitute for what is normally consumed to satisfy nutritional needs.