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	Closing Fee	Minimum Opening Deposit	Monthly Fee	Annual Fee
$30	None	None	None	None

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:

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.

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.