Health Savings Account (HSA) with Bill Pay
Tech CU's Health Savings Account offers a tax advantage† to help offset rising health care expenses by providing you with an incentive to help pay medical deductible expenses.
And now, with Bill Pay for HSA, you can manage your HSA and medical bills from the convenience of your home computer.
With Tech CU’s FREE Bill Pay for HSA, you can:
- Set up automatic payments for recurring medical bills with set amounts
- Make one-time payments for bills with fluctuating payment amounts
- Create a personal database of your payees
- Review, change or cancel upcoming scheduled payments
- View your payment history online or download it onto a spreadsheet
- Avoid late charges on payments
In order to take advantage of a Tech CU HSA, you must first have HSA-eligible health insurance.
Fast-track your savings with a Tech CU HSA!
Earn 5.40% APY* on the first $1,000 of your contributions and benefit from the many convenient features of this account!
- No maintenance, transfer, rollover and termination fees
- $5 minimum opening balance*
- Free Online Banking with Bill Pay account management
- Debit Card access
- Free checks (for your HSA account)
Tech CU's HSAs come with a separate check card, and you may also access your account in person, via checks or view the account in Online Banking.
| |
Health Savings Account |
| Tiers |
Dividend Rate** |
Annual Percentage Yield** |
| $0.1 to $1,000 |
5.271% |
5.40% |
| Balance over $1,000 |
0.499% |
0.50% | |
How to open a Tech CU HSA
- Follow the step-by-step process in the HSA Service Center
- Print the forms provided in the process
- Submit the paperwork at a local Tech CU Financial Center or mail it in to the address below:
Technology Credit Union
Attn: HSA/IRA Department
2010 North First Street
San Jose, CA 95131
If your company would like a rep to come on site to do an employee group HSA enrollment, please contact our Business Development department at (408) 487-7586.
†Please consult a tax advisor.
*$5 minimum opening deposit. There is a 10% IRS penalty on non-qualified withdrawals.
** Dividends are compounded and paid on the last day of the month. APY = Annual Percentage Yield. Rates are subject to change without notice. Fees may reduce earnings. Rate as of January 1, 2010.
Your savings are federally insured up to at least $250,000 by the National Credit Union Administration, a U.S. Government agency