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Health Savings Account (HSA)

If you participate in a high-deductible health plan (HDHP), our FDIC-insured5 Health Savings Account (HSA) can offer tax benefits, competitive interest and reduced insurance premiums. With this account, you can:

  • take your HSA with you if you change employers.

  • pay for medical care or prescriptions by just writing a check or using your check card.

  • get free U.S. Bank ATM transactions1

  • enjoy no minimum opening deposit

Health Savings Account (HSA )
  • Monthly maintenance fee: $2.50
  • Requirement to waive monthly fee: $2,500 average monthly collected balance4.
  • Minimum opening deposit: $0.

Account Features

  • A U.S. Bank Health Savings Account (HSA) can make it easier for you to manage your healthcare expenses.
  • It’s easy to use your Health Savings Account. Write checks or use your check card at your doctor’s office, pharmacy or for other medical needs. You can even add someone else to your account as a power of attorney and receive a check card for him or her.
  • Sign up for free Account Alerts and get automatic emails about important account activity, such as deposits and withdrawals.
  • Get monthly statements, or sign up for U.S. Bank Internet Banking to monitor your HSA account online.
  • U.S. Bank AutoTransfer makes it easy and convenient to build your savings.
  • End-of-year tax information makes it easier to file your taxes.
  • All U.S. Bank HSAs are FDIC-insured.5

First, make sure you’re eligible. Then apply online… takes less than 10 minutes to apply and get a decision, and it’s totally secure.

Getting Started
To apply online, you’ll need:3

  • Social Security Number
  • Driver's License, State ID, or Military ID
  • To be at least 18 years old
  • To be a legal resident of the United States

Applying

  1. Enter your personal information.
  2. Provide details about your account(s).
  3. Verify your application data.
  4. Select “Submit”…that’s it!

Why Choose a Health Savings Account from U.S. Bank?
With U.S. Bank, you get the strength of our national presence and the friendliness of a local bank. We offer a wide range of financial products, including many exclusive free services. With over 5,300 bilingual ATMs and 3,000 branches across the U.S., we also offer the personal service you expect from a community bank and convenience that’s second to none. Plus, you can reach us 24 hours a day at usbank.com or at 800-US BANKS (800-872-2657).

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How to Apply
866-272-9633
  1. Other ATM network owners may assess a usage fee.

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  2. The $2.50 monthly maintenance fee is waived if the average collected monthly account balance is $2500.00 or greater

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  3. Please visit a branch if you do not meet the qualifications.

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  4. The average monthly collected balance is calculated by adding the principal in the account for each day of the month and dividing that figure by the number of days in the period.

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  5. FDIC insured to the maximum allowed by law.

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Deposit products offered by U.S. Bank NA, Member FDIC

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How to Apply

Online
Call Us
866-272-9633

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