Bilt and Walgreens partner to simplify FSA, HSA purchases (2024)

Billions of dollars in Flexible Spending Account (FSA) funds go unspent every year. Bilt, the company known for offering points on rent payments, and Walgreens have partnered to address this issue by making your FSA or HSA (Health Savings Account) funds easier to access. Through this partnership, you can use your FSA or HSA funds to offset eligible purchases through the Bilt app when you use any card linked to Bilt Rewards.

You can also now earn Bilt Points at Walgreens (including prescription refills), and you don't need a Bilt Mastercard® to benefit from this partnership. You earn the bonus points when you use a credit or debit card linked to your Bilt Rewards account.

Bilt Mastercard®

On Bilt's secure site

  • Rewards

    Use the card 5 times each statement period to earn points - Earn 1x points on rent payments without the transaction fee, up to 100,000 points each calendar year, 3x points on dining, 2x points on travel, and 1x points on other purchases

  • Welcome bonus

    None

  • Annual fee

    None

  • Intro APR

    N/A

  • Regular APR

    See Terms

  • Balance transfer fee

    Up to 5% for each balance transfer, with a minimum of $5.

  • Foreign transaction fee

    None

  • Credit needed

    Excellent/Good

Automatic FSA/HSA Savings program

With the Automatic Healthcare Savings program, you can now link your FSA or HSA to your Bilt account and simplify your reimbursements for eligible expenses. You'll need to enter the debit card information for your FSA or HSA to take advantage of this feature.

Once you've linked your healthcare spending account, you'll be able to easily get reimbursed for eligible purchases, regardless of the credit or debit card you use. Within 72 hours, Bilt will identify eligible items and you'll be able to apply your healthcare savings funds to the purchase with just a few taps. You should receive a credit to your original form of payment within three business days.

Bilt

Bilt Walgreens benefits

With this partnership, Bilt members also receive special perks for shopping at Walgreens. Any credit card or debit card that you link to your Bilt Rewards account will earn:

  • 2X Bilt Points on Walgreens-branded items
  • 1X Bilt Points on all other eligible purchases at Walgreens
  • 100 bonus points on prescription refills (subject to exclusions; activation required)

There are a handful of items that won't earn Bilt Points through this offer, including alcohol, dairy and tobacco products. To see the full exclusions list, refer to the terms of this partnership.

Through this partnership, you'll soon also be able to receive complimentary photo printing.

Cards to link to your Bilt account

You can only link Visa, Mastercard or American Express cards to your Bilt Rewards accounts. But that gives you plenty of options to stack rewards for Walgreens (and other) purchases.

In general, aim to use a card that earns at least 2X points, 2% cash back or cash rewards on every purchase, such as the Citi Double Cash® Card (earn 1% when you buy and 1% when you pay; see rates and fees) or Wells Fargo Active Cash® Card (see rates and fees). However, for drugstores, the Chase Freedom Unlimited® is even better. It earns4.5% cash back on drugstore purchases (on up to $20,000 spent in the first year). After your first year or $20,000 spent, it's 3% cash back. You earn this cash back as Chase Ultimate Rewards® points.

If you have a Chase credit card that enables point transfers, such as the Chase Sapphire Preferred® Card, you can combine those points and then transfer the rewards you earned with the Freedom Unlimited to any of Chase's travel partners. This includes programs that overlap with Bilt's transfer options, such as World of Hyatt, United MileagePlus and Flying Blue (KLM and Air France).

Chase Freedom Unlimited®

  • Rewards

    Enjoy 4.5% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery services, 6.5% cash back on travel purchased through Chase Travel℠, our premier rewards program that lets you redeem rewards for cash back, travel, gift cards and more; and 3% cash back on all other purchases (on up to $20,000 spent in the first year). After your first year or $20,000 spent, enjoy 5% cash back on travel purchased through Chase Travel℠, 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and unlimited 1.5% cash back on all other purchases.

  • Welcome bonus

    INTRO OFFER: Earn an additional 1.5% cash back on everything you buy (on up to $20,000 spent in the first year) - worth up to $300 cash back!

  • Annual fee

    $0

  • Intro APR

    0% for the first 15 months from account opening on purchases and balance transfers

  • Regular APR

    20.49% - 29.24% variable

  • Balance transfer fee

    Intro fee of either$5or3%of the amount of each transfer, whichever is greater, on transfers made within 60 days of account opening. After that, either$5or5%of the amount of each transfer, whichever is greater.

  • Foreign transaction fee

    3%

  • Credit needed

    Excellent/Good

  • Member FDIC. Terms apply.

Read our Chase Freedom Unlimited® review.

Compare savings accounts

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Bilt and Walgreens partner to simplify FSA, HSA purchases (2024)

FAQs

Bilt and Walgreens partner to simplify FSA, HSA purchases? ›

Through this partnership, you can use your FSA or HSA funds to offset eligible purchases through the Bilt app when you use any card linked to Bilt Rewards. You can also now earn Bilt Points at Walgreens (including prescription refills), and you don't need a Bilt Mastercard® to benefit from this partnership.

Does Walgreens offer FSA? ›

When you shop at Walgreens using any debit or credit linked to your Bilt account, Bilt will identify which items are eligible for FSA or HSA reimbursement and offer to apply benefits with a single click.

What does FSA mean on my Walgreens receipt? ›

What does "FSA" stand for on my receipts and on signs throughout the store? FSA stands for Flexible Spending Account. It is the money set aside (tax free) every year that is to be used for health care related expenses, such as prescriptions and over-the-counter medications.

Why is my FSA card not working at Walgreens? ›

Most Frequent Valid Decline Reasons

The card has no funds remaining, or the card has insufficient funds and the merchant does not support partial authorization. The cardholder is attempting to purchase only non-healthcare eligible items with a card that has only an FSA and/or HRA purse.

How to tell if an item is FSA eligible at Walgreens? ›

What items are FSA eligible at Walgreens? Check with your plan provider regarding which items are eligible for FSA and HSA. You can typically use funds in your FSA or HSA account to cover the costs of a number of products Walgreens offers, including: At-home COVID-19 tests.

Can I use my FSA card on Amazon? ›

Yes. Your FSA or HSA card covers the product tax and shipping. Can I purchase FSA or HSA eligible items and ineligible items in the same order?

Do I need to keep receipts for FSA? ›

Did You Know? For an FSA/HRA, you will usually not need to submit a receipt to verify the eligibility of a purchase made at an IIAS merchant, but save your receipt just in case. For an HSA, you should always save your receipts in case you are ever subject to an IRS audit.

What kind of groceries can I buy with my Flex card? ›

Groceries — a monthly spending allowance for the purchase of healthy grocery items such as fresh meats and vegetables, frozen meats, dairy items, canned goods, and more at participating stores near you.

What stores can I use FSA? ›

For the most part, your FSA card should work where it makes sense: at locations like pharmacies, vision centers, doctor and dentist offices, and so on. But if you try to use your card at a restaurant or bike shop, even if that bike shop happens to sell FSA eligible bandages, chances are your card won't work.

Can you use FSA for pharmacy? ›

You can spend FSA funds on prescription medications, as well as over-the-counter medicines with a doctor's prescription. Reimbursements for insulin are allowed without a prescription.

Does CVS offer FSA? ›

Find your way to better health with FSA eligible items at CVS! If you are new to FSA, you may have a lot of questions. CVS is here to help you understand flexible spending account rules, how to find FSA eligible items, and how you can use your FSA account to help you on your path to better health.

Does Walmart offer an FSA? ›

Does Walmart offer FSA/HSA/MRA? Yes, Walmart offers HSA. They also contribute to employee accounts.

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