MyCash is an individual cash account that securely holds your reimbursement funds until you spend or move them. On those rare occasions when you do not use your TASC Card® to pay for an eligible employee benefits expense, simply submit a request for reimbursement via the TASC mobile app or online at tasconline.com. Requests are processed daily and approved reimbursements are deposited directly into your MyCash account—usually within 24-48 hours. Reimbursements are quick—even faster than with direct deposit! Then you choose how to use your MyCash funds. There are no restrictions on type of expense or merchant. These are your reimbursement funds and can be spent just like cash everywhere Mastercard is accepted.
Access your MyCash funds in three ways
1. Swipe your TASC Card at any merchant that accepts MasterCard. 2. Withdraw at an ATM (with a PIN) using your TASC Card. 3. Transfer to a personal bank account via web or app. Ready, Set, Go! All new TASC participants will receive reimbursement payments via MyCash unless direct deposit is established. You may access your MyCash funds via the swipe of your TASC Card at any merchant or ATM that accepts Mastercard, or transfer to a personal bank account. Are you currently set up for direct deposit but want to take advantage of the convenience of MyCash access? You can! Sign in to your account, click the MyCash Balance menu, and click MyCash Transfer Schedules. Click the trash can icon to delete your current schedule. With no scheduled transfer, your next reimbursement will be deposited in MyCash, ready to access with the swipe of your TASC Card. EMPLOYEE EDUCATION MyCash Account Conveniently access and spend your reimbursement dollars on any purchase. Total Administrative Services Corporation I 2302 International Lane I Madison, WI 53704-3140 I www.tasconline.com I FX-4875-102721 Continued on next page... Join the MyCash Movement Hundreds of thousands of TASC participants are enjoying the convenience of MyCash in their daily lives! You can, too. Did you know...
- 93% of participants have the TASC Card.
- 95% of TASC Card holders have access to MyCash.
- While 84% of reimbursements are paid via the TASC Card at the point of purchase, 56% of participants who submit manual requests for reimbursement and receive MyCash disbursements choose to access their MyCash with the swipe of their TASC Card.
- Participants swipe their cards for MyCash transactions more than 800 times a day!
“I submitted a manual request for reimbursement and about a day later my reimbursement was available in my MyCash account. I paid for my groceries at the grocery store using my TASC Card. The whole process was so easy and convenient!” —Shari, FSA Participant
Manage your MyCash Account It’s easy to view and manage your MyCash funds online or via the TASC mobile app.
- View recent MyCash reimbursements, transfers, ATM withdrawals, and/or TASC Card transactions.
- View TASC Card information, reissue a card, request a PIN, request a dependent card, and view card history.
- Save bank account details to easily schedule transfers from MyCash to a personal bank account.
- Schedule a transfer to a personal checking or savings account.
Transfer MyCash Funds The industry-exclusive MyCash tools let you make transfers when it’s convenient for you! Using our website or mobile app, you may transfer funds from MyCash to a personal savings or checking account any time from anywhere. MyCash Account Page 2 Questions? Ask your employer or contact your Plan Administrator: Total Administration Services Corporation - www.tasconline.com - 1-800-422-4661 FX-4875-102721 Pay for healthcare and general items in one transaction with your TASC Card. Eligible benefit items are paid from your benefits account and ineligible items from MyCash.
Attachment: TASC MyCash Account Education (PDF)