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FOR THOSE WHO WANT TO BE HEALTHIER AND WEALTHIER

Health Savings from Simmons Bank

Health Savings

By The Numbers:

$100

Minimum Balance to Open

$3

Monthly Service Charge

Includes

Interest Earned on Entire Daily Collected Balance
Tiers:

  • $0-$2,499
  • $2,500-$9,999
  • $10,000-$24,999
  • $25,000-$49,999
  • $50,000-$99,999
  • $100,000+
$0

Monthly Paper Statements with Images (or enroll to receive eStatements)

Free

Simmons Bank Standard Checks

Includes

Subject to HSA Eligibility. May provide tax benefits.

PERFECT FOR THE CUSTOMER WHO

  • Wants a tax-advantaged way to save for qualified health expenses
  • Wants to earn higher interest on higher balances
  • Never forfeits their unused balance at end of year (like flex spend accounts)

DEBIT CARD

Simmons Bank checking accounts include a Visa® or MasterCard® Debit Card{7} which can be used at any MoneyPass® ATM for no additional fee, and anywhere Visa or MasterCard is accepted.

24-Hour Telephone Banking

Call 877-245-1234 for deposits and loans, or 800-272-2102 for credit cards to access your account any time.

Free Standard Checks

In addition to your Simmons Bank Debit Card with EMV Chip, this account comes with free personal checks.

Simmons Bank Round-Up

Round up your purchases to the next whole dollar amount and we'll deposit the difference in a second account of your choice.{21}

Ready to Apply?

​Applying for a Simmons Bank savings account is simple. When you apply with a Simmons Bank associate, you’ll need to gather a few things:
  • BASIC FINANCIAL INFORMATION
  • SOCIAL SECURITY NUMBER
  • EMPLOYER INFORMATION
  • {97} Benefits and features are subject to customer qualification and approval by Simmons Bank.
  • {118} Health Savings Accounts are subject to eligibility and restrictions, including but not limited to restrictions on distributions for qualified medical expenses. The Internal Revenue Service publishes a list of qualified expenses in Publication 502. Medical and Dental Expenses available at www.irs.gov. Consult your tax professional with any questions.
  • {7} Simmons Bank Debit Card issuance is subject to customer qualification and approval by Simmons Bank.
  • {21} Available for personal accounts only.