Keep your health and finances in sync.
Save smarter with an HSA.
Health Savings Accounts (HSAs)
Your health is your most valuable asset — and your finances are a close second. A Health Savings Account (HSA) with Luminate Bank helps you stay ready for life’s expected (and unexpected) healthcare costs. Tax-advantaged, flexible, and easy to use — it’s the savings tool that works harder for your well-being.
What do you get with a Health Savings Account?
No Minimum Balance
Start saving on your terms. With no minimum balance required, you can open your HSA whenever you're ready — and grow at your pace.
Earn Interest
Your money works for you with a 0.01% APY.* It’s a simple way to grow your healthcare savings a little more every day.
No Monthly Fee with eStatements
Skip the paper and save more. Enjoy fee-free banking when you enroll in electronic statements. Prefer paper? It’s just $2.50 per month.
Tax Advantages
Contributions, growth, and qualified withdrawals are all tax-free. That’s a win-win-win for your wallet and your wellness.
Use It for Everyday Wellness
Wondering what an HSA actually covers? Here’s just a glimpse of how flexible it can be:
- Doctor visits and hospital stays
- Prescription medications
- Dental work and vision care
- Mental health services and therapy
- Chiropractic and acupuncture treatments
- Over-the-counter meds and first-aid supplies
- Medical equipment and assistive devices
- Even service animals and hearing aids
Who Can Open an HSA?
Opening a Health Savings Account is easier than you might think. If you're covered under a qualified High Deductible Health Plan (HDHP), you’re most likely eligible. You also need to:
- Not be enrolled in Medicare
- Not be claimed as a dependent on someone else’s tax return
Not sure if your health plan qualifies? No problem — we’re happy to walk you through it. Whether you're just starting out or switching from another account, our team is here to make the process smooth and simple.
Let’s make your health savings easy.
