Fifth Third Bank

Health Savings Account

VISIT 53HSA.COM

Paying for health care is one of the most important, yet burdensome at times, costs encountered in life. Proactively saving money to use for medical expenses - both expected and unexpected - is smart planning. To help plan ahead, consider opening a Health Savings Account (HSA).

An HSA is a pre-tax savings account that can be used to pay for a variety of medical costs including qualified deductibles and copayments. Often times, money from HSA funds can be used in conjunction with eligible health insurance plans.

No monthly service charge if:

The average monthly balance in the HSA bank account is greater than $4,000. 
Otherwise, it's tiered based on the average daily balance in your account:

  • Average Daily Balance: $500.00 or less, Monthly Fee: $3.50
  • Average Daily Balance: $500.01 - $2,000.00, Monthly Fee: $3.00
  • Average Daily Balance: $2,000.01 - $3,000.00, Monthly Fee: $2.50
  • Average Daily Balance: $3,000.01 - $4,000.00, Monthly Fee: $2.00
  • Average Daily Balance: Above $4,000.00, Monthly Fee: $0.00

Key Benefits of a HSA – Health Savings Account

  • Fifth Third Bank Debit Mastercard® available to conveniently pay qualified medical expenses
  • Online bill payment available to pay healthcare providers nationwide
  • Categorize your medical expenses for easy tracking and budget planning
  • Benefit from a tax-deferred investment account (investment options are available once your HSA account balance reaches $2,000)
Saving is good for your health, and your account.

Saving is good for your health, and your account.

Combined with a High Deductible Health Plan (HDHP) a tax advantaged HSA will help you gain health care savings—and save for current and future medical expenses.

Bank more efficiently with the Fifth Third Bank HSA Mobile App

Bank more efficiently with the Fifth Third Bank HSA Mobile App5

  • View your balances, transactions and investments
  • Contribute funds to your HSA or request a distribution from your HSA
  • Securely upload your medical receipts for safekeeping
  • Add and store information on new payees
  • Use our Eligible Expense Scanner to determine if items are qualified medical expenses before you get to the checkout lane.
Our HSA’s offer:

Our HSA’s offer:

  • Competitive interest rates
  • Easy access to your money
  • Security of FDIC Insurance
  • Investment options

We're here to help: