Health Savings Account

Interactive Video Player

Take charge of your health care with a Health Savings Account from National Bank.

A Health Savings Account (HSA) is an account established by an individual to pay for medical expenses in conjunction with a high deductible health insurance policy. HSAs allow you to pay for medical expenses on a tax-favored basis. Contributions are tax-deductible and eligible distributions are tax-free.

You control the money in your HSA. You can use it to pay for eligible medical expenses for you or your family tax-free. Money you do not spend can carry forward to future years. You can even use the money penalty-free after age 65 for any purpose you want.

HSAs are offered in conjunction with a high deductible health insurance policy. The high deductible policy provides protection against major medical expenses. The HSA is used to pay for day-to-day medical expenses.

You can pay for your qualified medical expenses with the included Visa® Debit Card or by electronic funds transfer. Statements can be mailed or viewed online, and you'll receive a year-end report for tax purposes. Your account features:

  • Interest-bearing checking account
  • FDIC insured
  • $25 minimum opening deposit
  • Visa® Debit Card for convenient payment
  • No monthly minimum balance requirement
  • Monthly statements
  • Free online account access
  • Not eligible for overdraft protection - account cannot be overdrafted.
This is a variable rate account. The interest rate and annual percentage yield for all variable rate accounts may change after the account is opened. Account fees could reduce earnings on an account.

Learn more about our accounts:
Rates & Fees | Account Disclosure | Terms & Conditions | Overdraft Coverage | Overdraft Addendum | Electronic Funds Disclosure