Other HSAs are mainly transactional accounts. Bend takes advantage of leading technologies, including artificial intelligence and machine learning, to engage individuals and guide them toward financial health.
*waived for accounts with an average daily balance over $3,000.
The interest rate and Annual Percentage Yield (“APY”) applicable to the entire balance in your HSA Cash Deposit Account* on any given day will depend on which of the specific balance ranges your daily account balance falls within on that day. The balance ranges are described below, and the initial interest rate and APY currently applicable to each are disclosed next to the particular balance level.
We reserve the right to change the interest rate and APY on your Deposit Account at any time at our sole discretion. We are not required to notify you in advance of those changes. We also reserve the right to change the balance levels on which different rates of interest may be paid.
|I||$0.01 - $2,499.99||0.05%||0.05%|
|II||$2,500.00 - $4,999.99||0.10%||0.10%|
|III||$5,000.00 - $9,999.99||0.15%||0.15%|
|IV||$10,000.00 - $14,999.99||0.20%||0.20%|
|V||$15,000.00 - $24,999.99||0.40%||0.40%|
|VI||$25,000.00 and over||0.50%||0.50%|
*Funds in your HSA Cash Deposit Account are held at UMB Bank, n.a, Member FDIC
We offer a great investment solution* with the Bend HSA. This is an excellent optional feature. The Investment Access Fee is $3/month. Features Include:
*Investment access is provided by our partner custodian bank, UMB Bank. Invested funds are not FDIC insured and may lose value, and they have no bank guarantee.
In case you need them, here are some optional services that we offer: