Can I get cash from my HealthEquity card?

Asked by: Norberto Kuphal  |  Last update: August 31, 2023
Score: 4.2/5 (37 votes)

This card cannot be used at ATMs and you cannot get cash back, and cannot be used at gas stations, restaurants, or other establishments not health related. See Cardholder Agreement for complete usage restrictions. Copyright 2021 HealthEquity, Inc.

Can I use my HealthEquity card at an ATM?

Your card can be used everywhere Visa debit cards are accepted for qualified expenses that are allowable according to your plan details, such as the pharmacy counter or doctor's office. This card will not work at ATMs, gas stations, restaurants, or other establishments not health related and you cannot get cash back.

Can you transfer money from HealthEquity to bank account?

Complete Online You can add your bank account details in the HealthEquity member portal to make it easier to send and receive money via electronic funds transfer (EFT).

Can I use my HealthEquity card for groceries?

For example, paying for aspirin over-the-counter is a non-qualified expense, but if the accountholder gets a prescription from a doctor for the aspirin, the expense is considered qualified. And, of course, items such as TVs, concert tickets, phones, groceries, etc. are never qualified expenses for HSAs.

Can I use my HealthEquity card to pay bills?

Pay invoice with HSA

You can pay with your HSA debit card or set up an online payment that is sent directly to the provider or as a reimbursement to you.

Can you withdraw cash from HSA card?

32 related questions found

What can I spend my HealthEquity on?

General
  • Prescriptions Rx
  • Doctor Fees.
  • Crutches.
  • Flu Shot.
  • Hearing Aids.
  • Motorized Wheelchair.
  • X-Rays.

Can I use my HealthEquity card at Walmart?

Does Walmart.com accept FSA or HSA cards? If you are looking to use your FSA or HSA card online or in-store on FSA-eligible product, you will likely have a hard time depending on your card issuer. That is because Walmart.com does not accept FSA or HSA cards at this time. This is listed in their FSA & HSA Shop FAQ.

Can I use my HSA card to buy stuff?

So what can you buy with your FSA or HSA money? You can use it to pay for common health care expenses such as copayments, prescription medications and medical supplies. But many other approved products and services are eligible, too. They're called qualified medical expenses.

Can I use my HealthEquity card on Amazon?

There's exciting news for those of you with Flexible Spending Accounts (FSAs) or Health Savings Accounts (HSAs). Amazon has stepped up its game and is now accepting FSA and HSA cards as a payment method for eligible products.

Can you buy toilet paper with HSA?

Toiletries are not eligible for reimbursement with a flexible spending account (FSA), health savings account (HSA), health reimbursement arrangement (HRA), limited-purpose flexible spending account (LPFSA) or a dependent care flexible spending account (DCFSA). What are toiletries?

What is the limit on HealthEquity debit card?

All account cards have a $5,000 daily spending limit (subject to change based on transaction criteria). Cards cannot be used at an ATM. You can only spend what is available in your account; no overdraft is available.

Can I transfer money from my HSA account to my checking account?

Online Transfers – On HSA Bank's member website, you can reimburse yourself for out-of-pocket expenses by making a one-time or reoccurring online transfer from your HSA to your personal checking or savings account. Online Bill Pay – Use this feature to pay medical providers directly from your HSA.

How long does it take to transfer money from HSA to bank?

Step 3: After you submit your bank account information, HSA Bank will make a small deposit and equivalent withdrawal from your account within three business days. Step 4: Monitor your external account for these two HSA Bank transactions.

How do I withdraw money from my equity card ATM?

Withdrawing from an ATM
  1. Press the Equity Button on an Equity Bank Atm machine.
  2. Enter your Equitel phone number.
  3. Select/Type amount of money you want to withdraw from an ATM machine.
  4. You will receive a pop-up message on your phone asking you to confirm that you want to withdraw the amount requested.

How do I withdraw money from my HSA debit card?

To pay using a PIN (fee per PIN transaction may apply†), swipe your card, select debit on the keypad, and enter your PIN. To withdraw HSA funds from an ATM (fee per ATM withdrawal may apply†), be sure to select the “checking” option (not savings) when asked the type of account you are withdrawing from.

Can I use my HealthEquity card at Walgreens?

Walgreens. Use your HSA or FSA card to purchase qualified products in store or online.

Can I use my HealthEquity card anywhere?

No. Our card helps you stay in compliance with IRS rules and can be used at health-related merchants and vendors to pay for your eligible health expenses. Even if you accidentally try to use your HSA card for a tank of gas, or movie tickets, your HealthEquity debit card won't let you make that mistake.

Can I use my HSA debit card for vitamins?

Prescriptions are not strictly required, but it's a good idea to get the recommendation in writing from the provider. Vitamins and supplements are not HSA-qualified if they are taken only to promote general well-being.

How does a HealthEquity card work?

Your Healthcare card is designed to work like a credit card without the PIN. We highly recommend using your Healthcare debit card* like a credit card without the PIN. When you swipe your card at checkout, choose "credit" (even though it isn't a credit card).

Will my HSA card work at a gas station?

Fuel, gasoline for medical care reimbursement is eligible with a flexible spending account (FSA), health savings account (HSA) or a health reimbursement arrangement (HRA).

Can you use HSA on DoorDash?

Summary: DoorDash is making it easier than ever to submit your qualified health purchases for reimbursement through your HSA or FSA account via HSA/FSA receipt reimbursement. Upon completing an order containing HSA/FSA eligible items, you will receive an email receipt with your HSA/FSA eligible items highlighted.

Can I use HSA at Costco?

Costco accepts a limited number of cards at the main checkout lanes, but they'll let you pay for eligible items with your HSA/FSA card at the Pharmacy or Optical counters. So to use your FSA or HSA cards at Costco, just bypass the regular checkout lines and visit the Pharmacy or Optical department instead.

What can I not use my HSA card to buy?

Examples of no-nos from the IRS include vacations and vitamins. Other items that aren't eligible include maternity clothes, funeral costs, child care for healthy babies, toiletries, over-the-counter medicine, swimming lessons and elective cosmetic procedures.

Can I use my HealthEquity card at Target?

Does Target accept FSA or HSA cards in-store? According to Target's payment option help page, Target does accept FSA and HSA cards in-store if they are spent on FSA & HSA-eligible items.

What happens if you use your HSA card for something else?

If you use your HSA for an expense other than eligible medical expenses you can subject yourself to significant IRS penalties. Inappropriate use of your HSA funds may also leave you without money to pay for your eligible medical expenses in the future.