Can I use my HealthEquity card for groceries?

Asked by: Mr. Chaim Doyle Jr.  |  Last update: September 29, 2023
Score: 4.9/5 (26 votes)

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.

What items can I buy with my HealthEquity card?

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

Can I use my HealthEquity card for anything?

Most providers will also accept the card over the phone, online or written-in on the statement for payment. In order for your card to work, you must have the balance available in your HSA; no overdraft is available. The card will not work at ATMs and will only work at appropriate medical facilities.

What can I use my HealthEquity debit card for?

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.

What happens if you swipe HSA card for groceries?

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.

Can I use my HealthEquity HSA card at an ATM?

39 related questions found

Can I swipe my HSA card at Walmart?

Walmart. Browse products that you can purchase online or in store using your HSA or FSA card.

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 HSA debit card for food?

No, you can't use your Flexible Spending Account (FSA) or Health Savings Account (HSA) for straight food purchases like meat, produce and dairy. But you can use them for some nutrition-related products and services.

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 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 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?

Can you withdraw money from HealthEquity?

anytime tax-free and without penalty as long as it is to pay for qualified medical expenses. If you take money out for other purposes, however, you will have to pay income taxes on the withdrawal plus a 20% penalty.

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 buy Gatorade with my HSA card?

Rehydration sports drinks, such as Gatorade, and solution with dietary supplements other than electrolytes are not eligible.

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.

Where can I withdraw money from my HSA debit card?

Can I use my HSA Bank Health Benefit Debit Card at an ATM? You can use your HSA card at an ATM to reimburse yourself for eligible expenses paid out-of-pocket. (A transaction fee may apply. See your HSA Bank Fee and Interest Rate Schedule.)

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).

What can I use my benefits card for?

Where can you use the Benefits Card? IRS regulations allow you to use the Benefits Cards in participating pharmacies, mail-order pharmacies, discount stores, department stores and supermarkets that can identify FSA/HRA eligible items at checkout and accept MasterCard® prepaid cards.

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 I use my 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.

How do I withdraw money from my HSA ATM?

Note: When withdrawing HSA funds from an ATM, be sure to select the "checking" option (not savings) when asked the type of account you are withdrawing from. Online Transfer – On HSA Bank's Member Website, you can transfer funds from your HSA to an external bank account, such as a personal checking or savings account.

Can I use my HSA for gym membership?

Physical therapy is an approved medical expense. Can I use my HSA for a gym membership? Typically no. Unless you have a letter from your doctor stating that the membership is necessary to treat an injury or underlying health condition, such as obesity, a gym membership isn't a qualifying medical expense.

Will HSA card be declined?

You may have to use another form of payment. The decline may be due to the following reasons: Your purchase wasn't considered a qualified medical expense under your HSA plan. Your HSA balance was too low to cover the transaction.

Can you buy laundry soap with HSA?

Soap is considered a personal use product and is 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).