The PEX card does not support access to cash (e.g., at an ATM, or as “cash back” at point-of-sale).
The PEX card also does not support “quasi-cash” transactions, such as:
- Money orders
- Loan payments
- Any other similar money transfer options
The Administrator Loads Funds onto the PEX Card
Only Administrators can load funds onto the card.
- Cardholders cannot load funds onto a PEX card
A cardholder has access to funds on the PEX card as soon as the Administrator (a) activates the card, and (b) loads funds onto it.