How do I reimburse a large purchase over time?

Modified on Mon, Jul 10, 2023 at 12:33 PM

Depending on the way your company configured your account, you may or may not have access to reimburse large purchases over time.

How do I do that? (For monthly and quarterly stipend programs ONLY)

If you receive your wallet funding on a monthly or quarterly basis, you have the option to be reimbursed over time for a large purchase. This option will automatically populate when you submit a reimbursement request. You will be given a reimbursement schedule and can opt in if you want to go that route or just receive a reimbursement based on your current wallet balance.

*Please note that your schedule is subject to change if you use your funds on other purchases or reimbursements.

The installment functionality is not available for every wallet or company. Installments are only available to those who receive their subsidy on a monthly or quarterly basis. Wallets that receive funding on an annual basis do not qualify as only purchase made in the current year are eligible. If your funds expire at year-end, your installment will be cancelled following your December reimbursement (if applicable).

Please follow the directions below on how to submit an installment plan reimbursement:

1. Access your Thrive Account

2. Select the wallet you'd like to submit reimbursement under (Please note that you may only have one wallet in your Thrive Account. If this is the case, skip to step 3).

3. Scroll to the bottom of the Marketplace page (if applicable) and lick "Get Reimbursed"

4. Search through a list of eligible expenses, or browse by category

5. Select the category your purchase falls under, then select "Request Reimbursement".

6. Enter your reimbursement details and select Next

7. Under "How often do you pay for this purchase" select "It was a one time purchase" and select Next

8. Select "Use automatic reimbursements until the balance is paid off" and select Next

9. Upload proof of purchase and select Next

10. Select your reimbursement method and select Next. Please note that depending on how your company set up your program, you may not see all of these options.

11. Confirm the details of your reimbursement and select "Submit Request"

Please note that eligibility for each wallet is determined by your employer and eligible purchases will differ wallet to wallet. Additionally, some programs outline that only current year purchases are eligible for reimbursement.

Once you submit a request, one of our team members will review your request to approve it or reach out if we have any questions. Please allow our team two business days to review your request.