Health Savings Account

Up to 0.60% APY. Open an HSA in 15 minutes or less.

Benefits of Opening an IncredibleBank HSA

An IncredibleBank Health Savings Account (HSA) is designed to help you save on out-of-pocket medical expenses related to high-deductible health insurance plans through various tax advantages. Contributions to HSAs are tax deductible and withdrawals for qualified medical expenses are also tax free. Other benefits of HSAs include: 

  • Contributions from your employer will roll over if you change jobs or retire. The funds always stay with you.
  • You have the flexibility to choose your own healthcare provider, services and products. Shopping around is always a tremendous benefit.
  • At the age of 65, you can maximize your wealth as an HSA transitions into a retirement vehicle.
  • The funds you don’t use in your HSA rollover to the next year, and years after, earning tax-free interest every year.*



Take Control Of Your Health And Financial Fitness With A Health Savings Account

How An HSA Works

It’s common for health insurance providers to offer HSAs. If yours doesn’t have one, you can open a separate HSA account at IncredibleBank. Each year, you decide how much to contribute to your HSA account, though you cannot exceed government-mandated maximums (refer to for HSA contribution limits, restrictions and general program guidance). If you have an HSA through your workplace, you can set up automatic contributions directly from payroll.

You will receive a debit card or checks linked to your HSA account, and you can use the funds on eligible medical expenses. This includes deductibles, co-pays and co-insurance, plus other qualified medical expenses not covered by your plan. Be aware that insurance premiums usually cannot be paid for with HSA funds.

Unlike a Flexible Spending Account, your HSA balance rolls over from year to year, so you never have to worry about losing your savings. Once you’re over age 65 and enrolled in Medicare, you can no longer contribute to an HSA, but you can still use the money for out-of-pocket medical expenses.

Open Your IncredibleBank HSA Today

You can open a new Health Savings Account or transfer from an existing HSA online in 15 minutes or less.

More Banking Options For You

Checking Accounts

We know that every bank has checking accounts, but not every bank has an incredible checking account. Free checks, no minimum balances, earn interest, check, check, check.


As your IncredibleBank, we’re saying it’s okay to spend money; retail therapy, maybe a long weekend, but we’re also saying that it’s great to save money, too. And what’s better than saving money? 

Mobile App

Stay in control of your finances from the palm of your hand. Pay bills anytime, deposit checks, check balances, view transactions, and transfer funds with our IncredibleBank mobile app.
* This information does not constitute tax advice, and the taxation of HSAs by each state varies and may be subject to change. For more information, please contact your tax advisor or refer to the complete tax forms and IRS Publication 969. Please keep in mind your state might have additional applicable tax rules. Always refer to your state’s tax guidance regarding HSA filing and taxation.