Lifestyle Spending Accounts

Empower employee wellbeing with a benefit that works for everyone.

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Employee-built wellbeing programs

Edenred’s Lifestyle Spending Accounts (LSA) provide employees with access to flexible, pre-tax funds to subsidize their choice of wellbeing options.

From fitness and entertainment, to personal development, meals and more, employers can customize coverage and spend limits for their employees. From the options available, employees will have the freedom to choose how to use their funds.

Lifestyle Spending Accounts support every employee at an individual level, helping to increase employee satisfaction, wellbeing and productivity, while reducing financial strain.

Why offer lifestyle benefits?

Traditional benefits are reactionary and prescriptive. Edenred’s LSA accounts encourage employees to use benefit funds on activities and options that matter most to them.
Providing choice sends a clear message to the entire team: individual well-being is essential to the health of the organization.
With no hoops to jump through or strict requirements to meet, engagement with this self-directed wellness program is enjoyable — and higher.
As the employer, you determine which coverage areas align with your brand and choose solutions and limits that set you apart from the competition.

 

Discover how Edenred meets your company’s goals and values

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Flexible options beyond traditional “wellbeing”

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On-the-go app

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Customer service in English and Spanish — chat or phone

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World-class tech and support teams

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Edenred-exclusive discounts

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Employer-determined funding frequency

Available with Edenred Lifestyle Benefits

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Food

Restaurants, Groceries, Delivery, and Exclusive Discounts
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Entertainment

Theatre, Movies, Events, Recreation
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Education

Classes, Certifications, Seminars
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Clothing and household furnishings

Clothing/accessories, Furniture stores, Household appliances
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Family, including pets

Babysitting and nanny services, Pet sitting, Pet wellness
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Transportation and mobility

Car washes, Towing, Auto Supplies, Gas, EV charging
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Travel

Airlines, Car rental, Travel agencies, Camping, RV Parks
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Physical wellbeing

Gyms, Fitness classes, Gear, Massage, Yoga
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Finally, an employee wellbeing program everyone can love

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Employee participation goes up…

Flexible-use options make Edenred’s Lifestyle Spending Accounts an easy opt-in choice for employees.

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…and they save money on things they love

Every Edenred partner provides exclusive discounts that participants can use with or without employer subsidies.

 

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Employers see results…

Wellbeing may look different for every employee but results are universal: stress drops, wellbeing improves, productivity and morale soar.

 

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…Customize for the team…

Employer customization helps coverage selections align with the employer brand. Controls allow you to set geo-restrictions, eligible days, and spending limits, too.

 

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…And differentiate their employer brand

Providing individual choice sends a strong message to the team you want to retain and the recruits you want to hire.

How Edenred’s Lifestyle Spending Account works across your organization

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Employees

All Edenred benefits are accessed and managed on-the-go via app or web portal and with a debit or prepaid card—Edenred-exclusive discounts included!
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HR / Benefits team

No more a la carte solutions! With Edenred, HR teams can work on one platform with a single provider —and years of benefits experience.
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Employer brand

Employer controls let you decide which benefits best align with your brand. Flexible coverage and individual choice increase participant engagement.
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Legal

Edenred benefits solutions meets all global data security standards (including GDPR), are FDIC insured, SOC 2 Type II certified, and PCI compliant.
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Secure financial transactions plus data security in every Edenred LSA

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GDPR-equivalent data security
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Proprietary payment platform
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SOC 2 type II certification
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PCI compliant
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FDIC insured

Ready to get started?

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Save money for your employees–and your company–with commuter benefits

Commuter benefits are tax-free fringe benefits authorized by Section 132(f) of the Internal Revenue Code, which allows employees to pay for commuting expenses using pre-tax dollars. Companies also benefit because they save on payroll taxes each year.

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FAQs about Edenred’s Lifestyle Savings Accounts

Yes. All Edenred Benefits plans are fully customizable and give employers the ability to implement a variety of spending controls.
Lifestyle reimbursement accounts are also known as Lifestyle Spending Accounts or LSA. In Edenred’s LSA, money is set aside for employees to use on their choice of well-being expenditures including fitness and wellness, education and entertainment, pet care, and other options. Additional discounts from partners are also included in Edenred’s Lifestyle Spending Accounts.
Employers have full control over how much they contributed to an employee’s Lifestyle Spending Account each year.

Edenred’s Lifestyle Spending Account (LSA) can be used to cover a variety of benefits including the following, although employers also have the option to add limits to the coverage and purchases:

  • Food
  • Entertainment
  • Education
  • Clothing and household furnishings
  • Family and pets
  • Transportation and mobility
  • Travel
  • Physical wellbeing
Lifestyle Spending Accounts use post-tax funds, offer more flexibility and choice to employees and employers than HSA and FSAs, which use pre-tax funds and are limited by IRS tax code.