BenefitWallet


About


Heads up! BenefitWallet is currently only available to employer groups, individuals cannot currently sign up on their own for a BenefitWallet account.

We offer a personalized and simplified approach to help members manage their health care costs and accumulate wealth with tax-advantaged health accounts. BenefitWallet integrates the member experience across the continuum of health care engagement, funding, saving and payment. We offer a scalable and portable solution that is easily configured to complement your approach to benefits administration.

Our BenefitWallet HSA is the nation's top HSA administrator. Our HSA solution was first brought to market in 2004, when Congress passed the legislation enabling HSAs. Since then, we have grown to be one of the largest administrators of HSAs in the nation. With The Bank of New York Mellon (BNY Mellon) as our custodian, Xerox serves 20,000 HSA employer customers and manages more than 1.7 million accounts with an accumulated $2 billion of assets.

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HSA Program Features

FDIC or NCUA Insured:
Features:
  • Debit Card
  • Checks
  • Online Banking
  • Investment Options

HSA Interest Rates

Interest rates for various balance tiers
All Balances 0.05%
Last checked on: 07-28-2016

Fees


Monthly Maintenance Fee $3.50*
Account Opening Fee Unknown
Account Closing Fee Unknown

* If average balance is less than $1,000

HSA Investment Options

Mutual Funds:    Self-Directed Brokerage:    CDs:    Other:

Mutual Fund Details

Investment Threshold: $1,000
Investment Fee: $2.90 / Month
BenefitWallet has an integrated investment platform, which provides HSA members with a seamless and affordable way to invest and grow their HSA dollars. With a broad selection of mutual funds from multiple fund families, the investment platform provides an easy-to-use online environment 24 hours a day, seven days a week.

Contact Information

General Information

Website

Customer Service

Mailing Address BenefitWallet
P.O. Box 1584
Secaucus, NJ 07094
Phone Number 1 877.472.4200

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