Health Savings Account (HSA)

Health Savings Account from Arvest Bank, HSAs

Save Tax-Free for Future Medical Costs

A health savings account allows you to accumulate money tax-free to use for approved medical expenses. Any adult can contribute to an HSA if they:

  • Have coverage under an HSA-qualified HDHP (high deductible health plan)
  • Are not covered by any other health plans (unless HDHPs)
  • Are not enrolled in Medicare
  • Cannot be claimed as a dependent on someone else’s tax return

Additional Features:

  • Earns interest on your balance
  • A $3 monthly service charge will apply if daily minimum balance falls below $500 after 90 days of account opening
  • Monthly account statement
  • Automatic transfers to HSA allowed
  • Access HSA details with Arvest Online Banking
APPLY NOW VISIT THE U.S. TREASURY'S HSA SITE

For Additional Information

  • Find your local arvest branch
Health Savings Account (HSA)
Health Savings Account from Arvest Bank, HSAs
Save Tax-Free for Future Medical Costs

A Health Savings Account allows you to accumulate money tax-free to use for approved medical expenses*. Additional benefits of the Health Savings Account include:

  • Earning interest on your balance
  • Avoiding a $3 monthly service charge if the daily minimum balance stays above $500 after 90 days of the account opening
  • Monthly account statement
  • Automatic transfers to HSA allowed
  • Access HSA details with Arvest Online Banking
APPLY NOW

Any adult can contribute to an HSA if he/she has coverage under a HSA-qualified HDHP (high deductible health plan), and:

  • Is not covered by any other health plans (unless HDHPs)
  • Is not enrolled in Medicare
  • Is not claimed as a dependent on someone else's tax return

*Please consult a qualified tax advisor for more information before establishing a HSA.

Account Disclosure Information:
  • Rates are subject to change without prior notice, at the bank's discretion.
  • Checks posted to account will be charged $0.50 per check if in excess of three (3) per statement cycle.
  • Fees could reduce earnings on interest-bearing accounts.
  • Complete deposit account disclosure containing terms and fee information are available upon request.
  • The interest rate and annual percentage yield will depend upon the balance in the account as shown on the Rate Chart. The interest rate and annual percentage may change. At our discretion, we may change the interest rate on the account daily. Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks). Interest will be compounded and credited quarterly on collected balances of $100 or more. If the account is closed before interest is credited you will not receive accrued interest.