|Frost Health Savings Account
A Health Savings account is like an IRA designed solely for covering medical expenses for you and your dependents. Contributions may be tax-deductible, and withdrawals for qualified medical expenses are tax-free. Consult your tax advisor for eligibility details.
|Minimum Opening Deposit||$50|
|Monthly Service Charge||
|How to Avoid the Monthly Service Charge||$0 Monthly Service Charge when you maintain a $3,000 minimum daily balance OR if you own a Frost Premium Account.|
|Interest Rate and APY||The interest paid on the entire collected balance in your account will be 0.05%, with an annual percentage yield of 0.05%. The interest rate and annual percentage yield may change at any time at our discretion. Fees could reduce earnings on the account. Rates effective 04/23/2019.|
|How the Interest Rate is Calculated||We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the collected balance in the account each day.|
|How Interest is Compounded||Interest will be compounded and credited to the account monthly. If you close your account before the interest is credited, you will receive the accrued interest.|
|When Interest Begins to Accrue||Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks).|
|Number of Checks Allowed per Statement Cycle||
Three free check withdrawals are allowed per statement cycle.
Excess Check Fee
There is a $5 excess check fee for each additional check over three paid during th statement cycle.
|Pulse Point–of–Sale Terminals||$0|
|Participating H–E–B®, Corner Store, and Circle K Locations in Texas||$0|
|Non–Frost ATMs||$2 for any inquiries, transfers or withdrawals while using a non-Frost ATM, plus any fees the ATM owner charges|
Notice regarding ATM fee by others – If you use an automated teller machine that is not operated by us, you may be charged a fee by the operator of the machine and/or an automated transfer network and you may be charged a fee for a balance inquiry even if you do not complete a funds transfer.
$34 ($35 effective May 1, 2019)
|Overdraft Protection Transfer, Each Advance from:
• Line of credit
(subject to credit approval)
|Account Research/Statement Balancing||$20 per hour ($20 Minimum)|
|Check Copy||$2 per item (first five items free for Imaged customers)|
|Check Order||FEE VARIES|
|Cashier's Check||$5 per item|
|Money Order||$3 ($5 effective May 1, 2019) per item|
|Return Item||$4 ($5 effective May 1, 2019) per item|
|Statement Copy||$2 per copy|
|Stop Payment||$30 per item|
|Incoming Wire Transfer||$12 per item|
|Domestic Collection Item||$20 per item|
|Foreign Collection Item||$40 per item|
|Hold Mail at Financial Center for Pick Up||$10 per month|