Connexus Credit Union Health Savings Interest Rates Today at 1.50% APY
Taking care of your health means making sure to eat right and exercise, but also to save money in the event of unexpected medical costs.High-deductible insurance coverage plans might not be enough to mitigate certain qualified expenses, which is where a health savings account becomes a great asset — giving you the flexibility to protect you and family against a potential financial crisis.
Connexus Credit Union‘s HSA connects Cincinnati depositors with a 1.50% annual percentage yield that raises high dividends that are tax deductible and cost free when medical costs arise.
Connexus Credit Union HSA Terms and Conditions
There are five deposit range tiers to Connexus’ HSA — to obtain 1.50%, account holders need to maintain a regular balance between $5,000 and $14,999.99. Use these savings in conjunction with your health insurance plan to manage expenses your deductible might not cover. Count the savings, and the benefits in a Connexus HSA:
- Tax-free savings, earnings and withdrawals
- Zero annual account fees
- Free balance alerts, online banking and e-statements
- Conveniently link this HSA to a debit card
Credit union members also have a high limit on the amount of annual deposits allowed in their HSAs:
- Single rate payers: up to $3,300
- Families: up to $6,550
Anyone covered under a high-deductible insurance plan, and are not covered under another plan, including Medicare, can open a Connexus HSA.
About Connexus Credit Union
In 2015, Connexus Credit Union will celebrate 80 years as a full-service financial nonprofit designed to help members across the country save money with high-rate deposit products and low-rate loan solutions. Residents of select counties in Wisconsin and Ohio, as well as people who work for a number of employer groups, can join Connexus Credit Union — check Connexus’ website to get started today.
Keep healthcare expenses covered with a health savings account.