Peace of Mind Starts with a Plan
You never know when a medical bill will pop up—from routine prescriptions to unexpected surgeries. A Capitol Federal® Health Savings Account (HSA) gives you the power to plan while keeping your savings secure and growing. Between sports physicals, allergy meds and surprise ER visits, medical expenses can pile up. By opening an HSA, you can set aside pre-tax dollars each month and pay for qualified health expenses directly from the account with peace of mind, a tax break and no hassle.
Think of your HSA as a personal savings account with unused balances growing over time. When you reach 65, you can withdraw the money (without penalty) and use it for anything, including healthcare.
Certain restrictions apply. See Disclosure and Agreement for more information.
Why Choose a CapFed® Health Savings Account?
- Tax Advantages – Consult with your tax advisor, but contributions may be tax-deductible and withdrawals for qualified medical expenses may be tax-free.
- Flexible and Portable - Your HSA stays with you even if you change jobs, switch insurance plans or retire.
- Easy Access and Online Convenience - Manage your HSA anytime with True Blue Online® banking and our mobile app, and pay for medical expenses using a True Blue® debit card.
If you’re covered by a high-deductible health plan (HDHP), a Health Savings Account can help you save on taxes and prepare for future medical expenses.
Health Savings Account Rates
Rates and fees are subject to change without notice.
Interest Rates and Annual Percentage Yields (APY)
| Minimum Balance to Earn APY | Interest Rate | Annual Percentage Yield |
|---|---|---|
Minimum Balance to Earn APY$50.00 |
Interest Rate3.63% |
Annual Percentage Yield3.70% |
Minimum Balance to Earn APY$10,000.00 |
Interest Rate3.63% |
Annual Percentage Yield3.70% |
Minimum Balance to Earn APY$25,000.00 |
Interest Rate3.63% |
Annual Percentage Yield3.70% |
Minimum Balance to Earn APY$50,000.00 |
Interest Rate3.63% |
Annual Percentage Yield3.70% |
Minimum Balance to Earn APY$100,000.00 |
Interest Rate3.63% |
Annual Percentage Yield3.70% |
Minimum Balance to Earn APY$200,000.00 |
Interest Rate3.63% |
Annual Percentage Yield3.70% |
Use your True Blue® debit card for qualified medical expenses
No waiting and no paperwork! With your Capitol Federal® Health Savings Account, paying for healthcare is as easy as using your debit card. Whether you're at the pharmacy, the dentist, or the ER, you can use your HSA debit card to pay directly from your account. There is no need to pay out-of-pocket and wait for reimbursement. It’s your money, working for you.
You can use your HSA to pay for:
- Doctor visits and co-pays
- Prescription medications
- Dental, orthodontia and vision care
- Mental health services
- Medical equipment
- Birthing and birth classes
- Other IRS-qualified medical expenses
Boost Your Savings with Competitive CD Rates
Certificates of Deposit are a smart addition to your overall financial plan. Investing in a Certificate of Deposit (CD) offers a secure way to grow your savings with competitive rates and fixed returns. Whether saving for retirement or a long-term goal, CDs provide a stable, low-risk investment option that fits seamlessly into your financial strategy.
Benefits of CDs:
- Guaranteed returns with fixed interest rates
- Variety of terms to suit your savings timeline
- Ideal for long-term savings and retirement planning
Get More with True Blue® Checking
Experience hassle-free banking with Capitol Federal's checking accounts, designed for ultimate convenience, ease of use, and security. Our checking accounts provide everything you need to manage your finances efficiently, whether you're at home or on the go.
- Online and convenient branch locations.
- Many Self-Serve Features, including True Blue Online® and mobile banking, with eStatements, online bill pay, Zelle® and mobile deposits.
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