Congratulations on your free HSA Checking with Debit MasterCard.
A Health Savings Account (HSA) is a tax-favored savings for individuals and families covered by high deductible health insurance plans (HDHP)
Benefits of opening an HSA:
- Tax savings – tax-deductible contributions, tax-deferred earnings, tax-free withdrawals (if used properly)
- Flexible – pay for current medical expenses or save for future ones
- Funds in the HSA grow tax-free and carry over year after year
- The HSA stays with you, regardless of change in coverage or employment
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