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Flex HSA

Best ForInvestment-Minded Savers
Fees$1.75/mo

Quick Summary

  • HSA savings account

The Verdict

Flex HSA provides essential HSA features with a monthly fee of $1.75 and mutual fund investing, earning a 0/5.0 rating from HSA Orbit.

Flexible Benefit Service Corporation (Flex) offers integrated HSAs for anyone with a qualified high deductible health plan. Since 1988, Flex has helped individuals and families save on healthcare expenses with our full portfolio of consumer-driven accounts. Our HSA simplifies the health plan experience for our account holders by giving them real-time resources to help them manage their money, including our easy-to-use Mobile App and a web site with videos, calculators, tutorials and more.

Key Features

Banking & Access

Includes debit card, online banking and check-writing.

Investment Options

Offers mutual fund investing.

Security & Insurance

Deposits are FDIC/NCUA insured for your protection.

Account Details

No minimum balance to open. no account opening fees.

Fee Analysis

Fee TypeThis ProviderIndustry AverageVerdict
Monthly Maintenance$1.75$0.69ABOVE AVG
Account Opening$0.00$1.88EXCELLENT
Account Closing$25.00$1.95ABOVE AVG

Industry averages calculated from 853 providers in the HSA Orbit database.

Investment Options

Mutual Fund Investing

Access mutual fund investments through your HSA with Flex HSA.

  • Minimum Threshold$1,000
  • Fees$2.50 / Month

Interest Rates

Interest rates are not currently available for this provider.

Contact Information

Address

8700 W. Bryn Mawr Avenue Suite 1010S Chicago, IL 60631 Customer Service Mailing Address 8700 W. Bryn Mawr Avenue Suite 1010S Chicago, IL 60631

Customer Service

888-353-9472

8700 W. Bryn Mawr Avenue Suite 1010S Chicago, IL 60631 Customer Service Mailing Address 8700 W. Bryn Mawr Avenue Suite 1010S Chicago, IL 60631

Sales Contact

888-353-9472

At a Glance

Monthly Fee$1.75
Investment Threshold$1,000
Interest Rate (Cash)Not published
Debit CardIncluded
FDIC InsuredYes

Pros & Cons

The Good

  • FDIC/NCUA insured deposits

The Bad

  • Monthly fee of $1.75
  • $1,000 minimum to invest
  • Interest rates not published

User Sentiment

Based on community feedback

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NegativeNeutralPositive

Sentiment data coming soon

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