Intrust Bank
Quick Summary
- HSA savings account
The Verdict
Intrust Bank provides essential HSA features with a monthly fee of $2.50 and basic savings functionality, earning a 0/5.0 rating from HSA Orbit.
Working in conjunction with a High Deductible Health Plan (HDHP), a Health Savings Account (HSA) allows you to pay for current health expenses and save for future qualified medical and retiree health expenses on a tax-free basis. Unlike most health insurance plans, there is no "use it or lose it" clause associated with an HSA. At the end of the year, any unused balance in your account will be carried over to the following year, allowing you to build the fund to cover future medical expenses.
Establishing an account is easy, and you'll immediately notice the difference in convenience and affordability.
Key Features
Banking & Access
Includes debit card, online banking and check-writing.
Investment Options
This provider focuses on cash savings without investment options.
Security & Insurance
Deposits are FDIC/NCUA insured for your protection.
Account Details
Requires $200 minimum balance. $15.00 opening fee.
Fee Analysis
| Fee Type | This Provider | Industry Average | Verdict |
|---|---|---|---|
| Monthly Maintenance* | $2.50 | $0.69 | ABOVE AVG |
| Account Opening | $15.00 | $1.88 | ABOVE AVG |
| Account Closing | $0.00 | $1.95 | EXCELLENT |
* Account Opening Fee
Industry averages calculated from 853 providers in the HSA Orbit database.
Investment Options
Savings-Only Account
Intrust Bank currently offers a savings-focused HSA without investment options. Your funds earn interest in a cash account.
Interest Rates
Standard Rates
| Balance Range | APY |
|---|---|
| $0 - $1,000 | 0.50% |
| $1,000+ | 0.50% |
Last updated: 07-29-2024
Contact Information
Address
INTRUST Bank, N.A. P.O. Box 1 Wichita, KS 67201-9819
Customer Service
800-895-2265
INTRUST Bank, N.A. P.O. Box 1 Wichita, KS 67201-9819
At a Glance
Pros & Cons
The Good
- •FDIC/NCUA insured deposits
The Bad
- •Monthly fee of $2.50
- •No investment options available
User Sentiment
Based on community feedback
Sentiment data coming soon
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