HSA Guide
How to Get Cash from Your Health Equity HSA Card
Published November 20, 2023
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Health Savings Account (HSA) cards, such as those from Health Equity, are a convenient way to pay for qualified medical expenses with pre-tax money. However, you may find yourself in a situation where you need cash from your HSA card. Here's how you can do that:
- Visit an ATM: You can withdraw cash from your HSA card at most ATMs that accept the major card network (Visa or Mastercard) in your card's logo.
- Select 'Checking Account': When prompted, choose the 'checking account' option, even though it is a Health Savings Account.
- Enter your PIN: You will need to enter the personal identification number (PIN) associated with your HSA card to complete the transaction.
- Withdraw the cash: Specify the amount you wish to withdraw, and the ATM will dispense the cash from your HSA account balance.
Recommended use and reminders for HSA cash
It's important to note that while you can get cash from your HSA card, it's recommended to use it for medical expenses to benefit from the tax advantages it offers.
Accessing cash from your Health Equity HSA card is straightforward and can be accomplished at any participating ATM. Just remember that these accounts are intended for medical expenses, and using them wisely can maximize your savings.