Empowering Frontline Workers with Financial Tools.
Instant Financial has launched a Financial Wellness program to help hourly employees gain financial freedom. The program provides tools that ensure saving, credit establishment, and financial well-being. The program is accessible to employees whose companies already work with Instant in providing earned wage access and instant payments.​
Complete Health and Well-being Access.
The program encompasses a healthcare package for both banked and unbanked individuals. The users get access to telemedicine, discount prescriptions, mental health services, and dental and vision care discount rates. This package costs $35 per household monthly.​
Credit Building Opportunities.
Consumers can enhance their credit scores by paying credit card or loan payments on time. The payments are sent to the major credit bureaus to help boost credit scores. Moreover, timely rent payments can also be sent to the credit bureaus to further enable credit building.​
Access to Financial Education Resources.
The program offers users access to financial education tools. The tools include education on budgeting, saving, banking, and other vital financial instruments. The educational aspect is designed to improve users’ financial literacy and decision-making capacity.​
High-Yield Savings Account Options.
Users can choose from top high-yield savings accounts offered by leading institutions. These accounts come with no monthly fees, encouraging users to save more effectively. This feature supports users in building a stronger financial foundation.​
Positive Impact on Employee Well-being.
Employers have seen a beneficial effect on employees’ well-being as a result of the program. Financial tools have made the team members less stressed about finances. This, in turn, has led to better employee satisfaction and retention.​
A Step Towards Financial Freedom.
Instant Financial’s CEO underscored the company’s dedication to offering opportunities for financial freedom to frontline workers. The introduction of the Financial Wellness program is a major milestone toward realizing this vision. Through the provision of complete financial tools, Instant seeks to empower workers to create a better financial future.
