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Health Savings

Keep yourself healthy with this tax-advantaged savings account.

  • Includes standard checks
  • Tax advantaged savings

Apply in person

man shopping for new eyeglasses

For those who want to be healthier and wealthier:

Open with a minimum balance of $100.

Monthly $3 service charge.

Enroll in eStatements to waive a $3 monthly paper statement fee.

Deposit 50 items per month with no fee (additional deposited items are $0.25 per item).

Earn interest on entire daily balance in tiers:

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

Standard checks included.

Tax-advantaged savings account.

Get your paycheck early.

With Early Payday, direct deposits may be posted to your account up to 2 days early!{213}

There’s no fee and no need to sign up.

Don't have direct deposit? No problem! Download this form and submit to your employer, to request to get started.

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 savings
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}

We're here to help.

In Person

Stop by a branch to talk with an advisor.

By Phone

Monday–Friday, 7:30 a.m. – 6 p.m. CT
Saturday, 8 a.m. – 12 p.m. CT

Health Savings FAQs:

Health Savings has a $3 monthly service charge.

There is a quarterly $3 fee for paper statements, but this fee is waived if enrolled in eStatements only.

A minimum deposit of $100 is required to open this account.

Yes! There is no fee or limit on monthly withdrawals from this account.

Our Health Savings account pays a tiered, variable rate of interest. Interest rate subject to change daily. Interest is earned on entire daily collected balance (not on dollars in tier) and is compounded and credited monthly.

You will typically receive your debit card in 3–5 business days from the date we verify your physical address.

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  • {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 Consult your tax professional with any questions.
  • {213} Early Payday applies to direct deposit and other Automated Clearing House (ACH) deposit transactions, and is dependent on when the payer’s payment instructions are received by Simmons Bank. Simmons Bank will generally make funds from these deposits available the same day payment instruction is received or two days before the listed effective date of the payment, whichever is later. Simmons Bank reserves the right to terminate or change this practice without any notice to you and to place any restrictions or limits Simmons Bank deems necessary.

  • {21} Available for personal accounts only.
  • {7} Simmons Bank Debit Card issuance is subject to customer qualification and approval by Simmons Bank.