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 5.50% 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 CheckCard, 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 |
5.380% |
5.500% |
| Balance over $1,000 |
0.648% |
0.650% | |
For more information, visit the HSA FAQ Page.
How to open a Tech CU HSA
- Step 1: Apply for HSA-eligible insurance if you do not currently have an insurance program.
- Step 2: Download, print, and complete a Tech CU membership application (even if you’re already a Tech CU member).
- Step 3: Submit it with your Health Savings Account forms (found in the HSA Service Center). (Don’t forget to show your ID or make a copy of your valid license and send it in with your application!)
You can either drop your paperwork off 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
†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. Rate as of May 1, 2009.
Your savings are federally insured up to at least $250,000 by the National Credit Union Administration, a U.S. Government agency