CardFlex

The ANCOR CardFlex Payroll Card will allow you to pay your employees using direct deposit – even when they do not have a checking account. Unlike a checking account, everyone qualifies!

When you offer a CardFlex reloadable payroll card to your employees, you will reduce your payroll costs, stop replacing lost and stolen checks, simplify your payroll and expense reimbursement process and provide a real money-saving benefit to your employees, who will receive:

• A Debit Card that can be used anywhere for only $4.95/mo.
• Zero-liability protection against fraud and theft
• Free 24/7 bilingual phone support and web-based card management
• One free cash withdrawal per pay period, saving your employee check cashing fees and hassles
• Optional companion card feature, allowing your employee to transfer money instantly and securely anywhere in the US or worldwide
  • Worldwide ATM cash withdrawals outside the US cost only $3.50
• Pharmacy discounts at most major chains and independent pharmacies nationwide, saving employees 15-50% on their prescriptions
• Pay bills online instead of paying for money orders or waiting in line to pay cash-- two ways:
  • Use the websites of creditors like utilities and phone company
  • Use CardFlex optional unlimited Online Bill-Pay feature for $10/mo.
• Payroll advance loans at the lowest possible rates
  • We will work with ANCOR members to self-fund payroll advances to employees if you wish

Your employees will decide for themselves whether the program is right for them. All you need to do is make the information available to them.

Best of all, the ANCOR CardFlex payroll card requires no changes in your payroll system: you simply enter the routing number of the card as you would any direct deposit account number.

We will help you offer this important money-saving option to your employees today! We’ll also let you know how all of your new employees going forward can have direct deposit. Use the Account Set Up Request form to sign up with the ANCOR CardFlex program.  Be sure to identify yourself as an ANCOR member when calling or emailing CardFlex for more information.