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Top Rated Bank of America HSA Alternatives

Bank of America HSA Reviews & Product Details

Michelle S.
MS
Sales Development Rep
Small-Business(50 or fewer emp.)
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Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Bank of America HSA?

I like that you can really see what is going into the HSA account. Full visability. Review collected by and hosted on G2.com.

What do you dislike about Bank of America HSA?

All seems pretty good so far. Nothing bad I can say. Review collected by and hosted on G2.com.

What problems is Bank of America HSA solving and how is that benefiting you?

It is actually allowing me to save more and seeing what I can actually save. Review collected by and hosted on G2.com.

Bank of America HSA Overview

Bank of America HSA Details
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Seller Details
HQ Location
Charlotte, NC
Twitter
@BofA_Business
136,577 Twitter followers
LinkedIn® Page
www.linkedin.com
662 employees on LinkedIn®
Ownership
NYSE: BAC

Recent Bank of America HSA Reviews

Gayathri D.
GD
Gayathri D.Mid-Market (51-1000 emp.)
3.0 out of 5
"Insights from my time at Bank of America"
Tax benefits, investment options and easy access
Michelle S.
MS
Michelle S.Small-Business (50 or fewer emp.)
4.0 out of 5
"BOA HSA Review"
I like that you can really see what is going into the HSA account. Full visability.
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Bank of America HSA Media

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1 out of 2 Total Reviews for Bank of America HSA

3.5 out of 5
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Bank of America HSA Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons
G2 reviews are authentic and verified.
Gayathri D.
GD
Data Engineer
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Bank of America HSA?

Tax benefits, investment options and easy access Review collected by and hosted on G2.com.

What do you dislike about Bank of America HSA?

Limited investment choices and potential fees. Review collected by and hosted on G2.com.

What problems is Bank of America HSA solving and how is that benefiting you?

Bank of America’s HSA helps solve the problem of managing rising healthcare costs by offering a tax-advantaged way to save and pay for medical expenses. It benefits users by allowing them to save pre-tax dollars, grow their savings through investments, and use funds tax-free for qualified expenses. This reduces the financial burden of medical bills, especially for those with high-deductible health plans. Additionally, the account provides long-term savings opportunities for future healthcare needs, promoting financial security. Review collected by and hosted on G2.com.

There are not enough reviews of Bank of America HSA for G2 to provide buying insight. Below are some alternatives with more reviews:

1
Forma Logo
Forma
4.9
(615)
Forma revolutionizes employee benefits with customizable spending accounts for post-tax and pre-tax benefits, such as Lifestyle Spending Accounts (LSAs), HSAs, FSAs, Commuter, and COBRA benefits. Utilizing the Forma Card, Forma Store, or claims reimbursement, employees can take full advantage of our platform, which boasts an 85% monthly utilization rate. For Benefits professionals, setting an equitable global benefits strategy, staying on top of your budget, monitoring usage, and getting insights on claims approvals is all easy through Forma. Our consumer-grade UI coupled with our world-class support experience have garnered praise from both members and admins alike.
2
Benepass Logo
Benepass
4.8
(158)
Benepass is a platform to flexibly distribute benefits and non-salary compensation globally. Our card-first technology gives employees a physical and virtual VISA card with all their benefits from their employer coded on the card: including HSAs, FSAs, Wellness Benefits, Family Benefits, WFH Benefits, Food Benefits, Lifestyle Spending Accounts, and customized benefits. Leadership teams have access to an admin dashboard to track employee engagement. Companies see 80%+ engagement with Benepass.
3
Lively HSA Logo
Lively HSA
4.7
(100)
Lively provides employers and employees a streamlined, digital way to manage their health savings account. Lively automates the manual and tedious tasks of all aspects of an employer's HSA administration.
4
WEX Benefits Logo
WEX Benefits
3.6
(56)
Since 1987, WEX Benefits has been in the business of simplifying the administration of HSAs, FSAs, HRAs, Commuter Benefits, COBRA and more with innovative technology solutions.
5
HealthEquity Logo
HealthEquity
3.9
(7)
HealthEquity administers Health Savings Accounts (HSAs) and other consumer-directed benefits for our more than 12 million accounts in partnership with employers, benefits advisors, and health and retirement plan providers who share our mission to connect health and wealth and value our culture of remarkable “Purple” service.
6
Fidelity HSA Logo
Fidelity HSA
4.5
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7
Alerus Logo
Alerus
4.5
(1)
We administer FSA, HSA, HRA, Commuter Benefit, Direct Billing, and COBRA benefits to companies nationwide. By pairing powerful technology with unmatched customer service and personalized support, we create an all-inclusive benefits administration experience.
8
Optum Financial HSA Logo
Optum Financial HSA
2.5
(1)
9
Alegeus Logo
Alegeus
(0)
Empowering consumers to manage their ever-growing responsibility for the cost of their healthcare
10
Payflex HSA Logo
Payflex HSA
(0)
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