Categories: Benefits Management, Strategy & Industry Insights,
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FSA Debit Card PIN’s Available Now!

Starting April 1, 2013 the Durbin Amendment of the Dodd-Frank Wall Street Reform and Consumer Protection Act requires that consumers have two methods of accessing their accounts when using a debit card.  As a result, PIN capability is being added to the Sheakley FSA Debit Card.

Participants will now have the option to pay with a Personal
Identification Number (PIN) when using their flexible spending debit card to make qualified purchases. To create a PIN, the participant can log into their online account at http://myrsc.com and follow the instructions.

NOTE: Using a PIN to make purchases is not required, even if a PIN is created, the participant can continue to sign for purchases, as they have in the past, by choosing “Credit” at the point of sale.

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