Helps you pay for medical expenses
This interest-bearing checking account is available for individuals who participate in a high-deductible health insurance plan and allows for tax-free distributions to pay for qualified medical expenses. Health Savings Account balances automatically roll from year to year.
- Minimum opening balance: $100
- One-time set-up fee of $20
- $4 monthly service charge; minimum balance to avoid fee: $1,000 per statement cycle
- 5 free checks per month ($1 per check written over 5 per month); unlimited debit card access
- Interest earned on daily minimum collected balance of $1,000 or more
- Sole ownership only; joint accounts not allowed
- Monthly imaged statement; eStatements available