Your Health Savings Account at Beacon offers the following features:
HSA funds will be deposited with Beacon Credit Union. Monthly statements are provided, with optional eStatements. Use Beacon Credit Union Online Banking to monitor your account.
Increase savings yield with a 12, 36, or 60 month HSA CD. (See homepage for current rates.)
HSA Debit Card
HSA VISA Debit Card can be used to make qualified healthcare purchases anywhere VISA is accepted. Purchases will be automatically deducted from your HSA.
If desired, you will receive a supply of Health Savings Account checks that can be used to pay qualified healthcare expenses.
Your HSA Checking Account will earn interest at the same rate as Beacon’s Savings Plus Account.
If the balance in your HSA is below $100 in any month, a $3.00 fee will be charged. There are no set-up fees, debit card fees or monthly maintenance fees.
You will have access to your account balances and activity through Beacon Online. In addition, healthcare expenses may also be paid through the free bill payment service.