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Health Savings Account - HSA

Healthcare is the number one issue facing many individuals and families in America. A Health Savings Account offers eligible individuals who participate in a high-deductible health plan (HDHP) an affordable alternative to the high cost of healthcare. The HSA offers individuals many benefits, including the ability to keep the money and save towards retirement.

Some Great Reasons to Open a Health Savings Account

  • Tax savings
  • Earned interest
  • Reduced insurance premiums
  • Long-term savings
  • Moves with you/portable
Coverage Advisor Free Analysis
Estimate health care usage for you and your family, calculate your out-of-pocket costs, and determine which plan best meets your needs.

Health Savings Accounts
Minimum
Opening Balance
$0
Annual Fee1 $20.00
Interest Rates
and Service Fees
Varies by region:
ATM
Transactions2
Free at all ATMs
Check Images View electronic images of cleared checks online; free with Internet Banking
Statement
Options
Free online statements, or paper statements by mail with:
  • free archiving of cancelled checks, or
  • free return of check images, or
  • return of cancelled checks3
View all Features with this account


How Do I Open an Account?
It's easy! Apply online, visit a local branch, or call 1-800-US BANKS. To apply you must be an eligible individual.

Using your HSA Account
You can use your HSA account just like any checking account for qualified medical expenses. Write checks or use your check card at your doctors office, pharmacy, or anywhere else you make medical payments or purchases. You can even add someone else to your account as a power of attorney and receive a check card for him or her.

Health Savings Accounts for Employers
If you are interested in offering a U.S. Bank Health Savings Account to your employees, learn more about what U.S. Bank offers.



Note: In order to view, print or download forms, brochures and instructions you need Adobe's Acrobat Reader. If you don't have Acrobat Reader, you may download it free of charge from the Adobe Web site.


  1. Annual Fee is payable in advance and yearly upon the anniversary date.

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  2. Other ATM network owners may assess a usage fee.

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  3. Return of check images and cancelled checks available for a nominal fee per statement cycle.

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For more information, visit a local branch or call our 24-Hour Banking and Financial Sales.

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