HSA Shop logoHSA Shop

HSA Guide

Can I Withdraw Money from My Bank of America HSA Card at an ATM?

Published October 6, 2022

Check eligibility on the gobrowse 7,000+ HSA-eligible products in the free app.

Get the app
Short answer: Yes, you can withdraw money from your Bank of America HSA card at an ATM for qualified medical expenses.

Withdrawing HSA funds at an ATM

Yes, you can withdraw money from your Bank of America HSA card at an ATM. With an HSA (Health Savings Account) provided by Bank of America, you have the flexibility to access your funds conveniently through ATMs for qualified medical expenses. Here's how you can easily withdraw money from your Bank of America HSA card at an ATM:

  • Locate a Bank of America ATM near you or any other ATM that is part of the network that accepts HSA cards.
  • Insert your HSA card into the ATM machine.
  • Enter your PIN number to access your account.
  • Choose the 'Withdrawal' option from the menu.
  • Enter the amount you wish to withdraw.
  • Follow the prompt to complete the transaction and collect your cash.

It is important to note that while you can withdraw money from your Bank of America HSA card at an ATM, it is recommended to keep records of your withdrawals for tax purposes and to ensure they are for qualified medical expenses.

Absolutely! With your Bank of America HSA card, you can easily withdraw cash from ATMs, granting you the convenience to take care of eligible medical expenses without hassle. Just follow these straightforward steps to access your funds:

  • Find a nearby Bank of America ATM or any financial institution's ATM that is compatible with HSA transactions.
  • Insert your HSA card into the ATM slot.
  • Provide your PIN to verify your identity.
  • Select 'Withdrawal' from the operational menu displayed on the screen.
  • Input the desired withdrawal amount.
  • Complete the process as prompted and don’t forget to collect your cash, which you can use for your medical needs.

It's wise to maintain a record of your withdrawals—this can help during tax season and ensures your cash is being spent on qualified healthcare expenses.

Free App

Browse 7,000+ HSA-Eligible Products

Search by symptom, get price alerts, and build your HSA shopping list — all in the free app.

← Back to all articles