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FOR THOSE WHO WANT TO BE HEALTHIER AND WEALTHIER

Health Savings from Simmons Bank

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Health Savings

By The Numbers:

$100

Minimum Balance to Open

$3

Monthly Service Charge

$3

Monthly Paper Statement Fee (waived when enrolled in eStatements; statements include images)

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+
Includes

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® Debit Card{7} which can be used at any MoneyPass® ATM for no additional fee, and anywhere Visa is accepted.

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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.

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Free Standard Checks

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

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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
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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 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.