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Is the HealthEquity HSA good?

A health savings account (HSA) lets you save for medical costs with a triple tax break: contributions are tax-deductible, growth is tax-free, and withdrawals for qualified medical expenses are tax-free. You need a high-deductible health plan to contribute. For 2026 the IRS limit is $4,400 (self-only) or $8,750 (family), plus $1,000 if you're 55 or older. You can move an HSA to any provider; here's what each charges.

Account fee
$2.95/month, waived with $2,000+ cash balance (standard schedule; employer plans can differ)
Investment fees
0.03%/month on invested balance (max $10/month); Advisor adds 0.05%/month (max $15)
Investment options
not found
Minimum to invest
Plan-specific investment threshold

Source: HealthEquity member fee schedule (checked 2026-10-12)

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FAQ

Is the HealthEquity HSA good?

Here are the facts we could confirm on HealthEquity's own page (2026-10-12): account fee: $2.95/month, waived with $2,000+ cash balance (standard schedule; employer plans can differ); investment fees: 0.03%/month on invested balance (max $10/month); Advisor adds 0.05%/month (max $15); investment options: not found; minimum to invest: Plan-specific investment threshold. Whether it's good for you depends on what you need; compare it with the alternatives listed.

Where do these facts come from?

From HealthEquity member fee schedule (checked 2026-10-12). “not found” means the page didn't state it.

Estimates, not financial advice. Taxes, insurance, PMI and fees vary by lender, county and city; confirm with your lender, dealer and state agency before acting.