Personal Health Savings Accounts (HSA)

A Frost Health Savings account (HSA) offers certain individuals tax advantages and greater flexibility in covering medical expenses. Our HSA features:

  • interest paid monthly
  • a free Health Savings account (HSA) Checkcard, which allows you to make health-related purchases 
  • quick access to check deposits generally on the next business day

Compare to other savings accounts


You could be eligible to open a Frost Health Savings account if you meet all of the following criteria:

  • covered under a high-deductible health plan
    (minimum $1,350 single; $2,700 family)
  • not covered by any other health plan
  • not entitled to benefits under Medicare
  • not a dependent on another person's tax return
Interest Rates
Balance Annual Percentage Yield (APY)
All balances 0.01%
Annual Percentage Yield effective as of 11/28/2020. Fees could reduce the earnings on the account. The interest rate and annual percentage yield may change at any time at our discretion.
  • no monthly service charge when you maintain a $3,000 minimum daily balance OR if you own a Frost Premium Account.
  • for a complete comparison of our savings account features, interest rates, monthly service charges and fees, view our health savings account Schedule of Fees.
Additional Features

Contributions to a Frost Health Savings account may be tax deductible** and withdrawals used for qualified medical expenses are tax-free (consult your tax advisor or the IRS for more information). You can contribute up to $3,500 annually if you're single, or $7,000 as a family. In addition, a Frost HSA features:

  • three free check withdrawals per statement cycle ($5 each after that)
  • unused balances automatically roll-over from year-to-year
  • transfers can be made from your checking account online and will be counted towards your current year contribution
Opening Your Account​

To open a Health Savings account, call  (866) 376-7889 or stop by your local Frost financial center and bring:

  • your government issued photo ID such as a driver's license, state ID or U.S. Military ID
  • your Social Security number
  • a minimum $50 opening deposit
Request a Checkcard

To request a Frost Health Savings account Checkcard, visit your local Frost financial center or fill out a request form and mail it in.

When you receive your card, activate it by calling (800) 252-5473.