The HealthEquity card helps you stay in compliance with IRS rules and can be used at health-related merchants and vendors to pay for your eligible health expenses. Even if you accidentally try to use your HSA card for a tank of gas, or movie tickets, your HealthEquity debit card won’t let you make that mistake.

What is HealthEquity Visa card?

The HealthEquity card helps you stay in compliance with IRS rules and can be used at health-related merchants and vendors to pay for your eligible health expenses. Even if you accidentally try to use your HSA card for a tank of gas, or movie tickets, your HealthEquity debit card won’t let you make that mistake.

How do I use my HealthEquity debit card?

Using your card Cards must be run as ‘credit’ (card may be declined if run as debit) and no personal identification number (PIN) is required. Once activated, use it like a regular credit card to pay for your plan-allowed medical expenses (for HSA and FSA plans, see our article on qualified medical expenses).

What Stores Can I use my HealthEquity card at?

Your card can be used everywhere Visa debit cards are accepted for qualified expenses that are allowable according to your plan details, such as the pharmacy counter or doctor’s office. This card will not work at ATMs, gas stations, restaurants, or other establishments not health related and you cannot get cash back.

Can I use my HealthEquity HSA card at an ATM?

Your HSA card will draw available funds directly from your HSA. Your card can be used everywhere Visa debit cards are accepted for qualified expenses. This card cannot be used at ATMs and you cannot get cash back, and cannot be used at gas stations, restaurants, or other establishments not health related.

Can I withdraw money from my HealthEquity card?

Can I withdrawal cash at an ATM? No. HealthEquity offers free online reimbursements into your personal checking/savings account.

Can I withdraw money from my HealthEquity HSA?

anytime tax-free and without penalty as long as it is to pay for qualified medical expenses. If you take money out for other purposes, however, you will have to pay income taxes on the withdrawal plus a 20% penalty.

How do I withdraw HSA funds from HealthEquity?

You must liquidate all investments before your HSA can be closed. HealthEquity does not automatically liquidate investments on your behalf. To do this, you must log in to your online account and select ‘Sell All’ for each of the funds that you own.

How do I transfer money from HealthEquity to bank account?

Complete Online You can add your bank account details in the HealthEquity member portal to make it easier to send and receive money via electronic funds transfer (EFT).

Can I cash out my HealthEquity account?

How do I Activate my HealthEquity Visa Health account card?

The steps to activate your HealthEquity ® Visa ® Health Account Card 1 are listed below. You can also call the card activation line at 866-296-2852. Note: To complete these steps, you must have created a login for the HealthEquity member portal and have your card accessible.

How do I Manage my HealthEquity debit card?

• Review your plan details for a list of qualified medical expense s your debit card can be used for. • Always save your itemized bills; you may need to submit them to HealthEquity. • Know your balance: check your balance on your HealthEquity member portal or by contacting Member Services.

What is the daily spending limit on my HealthEquity account card?

All account cards have a $5,000 daily spending limit (subject to change based on transaction criteria). Cards cannot be used at an ATM. You can only spend what is available in your account; no overdraft is available. See the following pages for specific issues with your HealthEquity account card:

What is the reimbursement agreement for the HealthEquity card?

Reimbursement Account Card This Cardholder document constitutes the agreement (“Agreement”) outlining the terms and conditions under which the HealthEquity Visa Reimbursement Account Card has been issued to you. By accepting and using the Card, you agree to be bound by the terms and conditions contained in this Agreement.