PERSONAL Health Savings Accounts

Welcome to peace of mind.

Health Savings Accounts available at no cost

FirstPerson and First Internet Bank are here to help you take the worry out of paying for current or future healthcare expenses with a Health Savings Account (HSA). This account is available to you absolutely free!

Your tax-advantaged checking account can be used to pay for eligible medical and healthcare expenses including deductibles, co-insurance, prescriptions, vision and dental care.

Features

Aside from making it less stressful to cover your medical expenses, our health savings account offers several advantages:

  • No monthly maintenance fee or minimum balance requirement
  • Contributions and interest earnings are tax-free
  • Funds are portable, so the money is yours even if you change employment
  • Pay with a free debit card, online bill pay or check

Talk to us about saving for your qualified medical costs

bank@firstib.com

1-888-873-3424 ​​​​​​

CHAT

Health Savings Accounts
Open an Account
Open with as little as $0
APY (Annual Percentage Yield) 0.15%
Monthly maintenance fee None
Minimum balance requirement None
Online and mobile banking Free, unlimited
Debit card Free

Rates last updated 12/20/2024. Rates are subject to change on any day and will be updated by 10:00 AM EST. Please be sure to check this page after 10:00 AM EST for the rate that will be honored today. Fees may reduce earnings on account. The period used to calculate average daily balance is monthly.

 

For additional information, visit our Disclosures page.

To be eligible for a health savings account, you must be enrolled in a high-deductible health plan that meets IRS guidelines for the annual deductible and out-of-pocket maximum. Additional eligibility requirements and contribution limits apply.

2018 Eligibility Requirements and Contribution Limits

Individual Plan Family Plan
Minimum deductible $1,350 $2,700
Maximum out-of-pocket $6,650 $13,300
Contribution limit $3,450 $6,900
55+ contribution $1,000 $1,000