When an HSA card is settled, it means that the payment for a healthcare expense has been successfully processed using funds from the Health Savings Account. This typically happens when the healthcare provider or merchant submits a claim for payment, and the HSA card is used to cover the cost. Settling the HSA card transaction ensures that the funds are allocated appropriately and the payment is completed. It's a straightforward process that simplifies managing healthcare expenses and allows for easy tracking of HSA spending. If you receive a notification that your HSA card has been settled, it indicates that the payment has been finalized and the transaction is complete.

When an HSA card is settled, it signifies that your healthcare expense payment has been effectively processed using your Health Savings Account funds. This vital step occurs when your healthcare provider submits a claim, enabling the HSA card to pay for the associated costs.