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HSA
Trustee Services
HSA
Trustee Services is
a good option for someone who wants the simplicity and ease of online
banking, free check writing capability, and no monthly or annual fees
for their Health Savings Account. |
Setup
Fee
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Closing
Fee
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Minimum
Opening Deposit
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Monthly
Fee
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Annual
Fee
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$30
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None
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None
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None
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None
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Access
Fee: Optional Checking ($8.00 per 50 checks - $1.00 per
check for transaction fee), debit card availability, subject to credit
approval
Investment Options: Interest Bearing Checking Account
- Options through
optionsXpress rated by Barron's as the #1 discount broker 3 years in
a row
- Balances over $500
and under $2,000 earn 0.75% A.P.Y. (Annual Percentage Yield)
- Balances over $2,000
and under $5,000 earn 1.25% A.P.Y
- Balances over $5,000
earn 1.75% A.P.Y
- Interest is credited
to the account monthly
Perks:
Free Online Banking, including bill pay (requires separate registration)
Contact
Phone: N/A
Open Account
Options: N/A
Free Discount
Prescription Drug Card:
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All HSA accounts
opened with HSA Trustee Services
receive a free Discount Prescription Drug Card.
Drug
Card courtesy of HSA Clearing Corp
This same card
sells for up to $60. It is accepted at more than 50,000 pharmacies
nationwide, including many of the leading chains: Wal-Mart, K-Mart,
Eckerd, CVS, Target, Albertsons, Pubix, Kolhs, Osco, Safeway, Kroger,
Costco, and others.
While savings
on each prescription may vary, these cards will provide savings
that average 15% to 40% below your pharmacy's retail prices for
name and generic brand prescriptions. This is a discount prescription
plan. Because you pay at the pharmacy and there is no insurance
paperwork, the added savings is passed on directly to you when you
present your card at the participating pharmacy.
Of course, any
expenses you incur for prescription or over-the-counter drugs can
be paid for from your
HSA account.
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You
can visit HSA Trustee Services at
www.hsatrusteeservices.com
for complete information and application instructions.
*Disclaimer: |
The
information listed above is current to the best of our knowledge.
Please visit this administrator's web site or contact them directly
to get the most current information available. |
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