Health Savings Account

Your health is a priority. Save with our Health Savings Account (HSA) for your current and future medical expenses like doctor visits and prescriptions.

Apply now

Bank with confidence, anytime

Maximize your savings

Pay no annual fee, no setup fee and no minimum balance requirements. Plus, get a higher interest rate the more you save.

Uncover tax advantages

Earn interest with your HSA, tax-free. Get potential savings, such as tax deductible contributions.¹

Save for the unexpected

Help protect against high deductibles and unexpected medical expenses that aren't covered by your insurance plan.

How to qualify for an HSA

18 years of age or older
Covered under an HSA-qualified high-deductible health plan on the first day of any month
Not covered by any other health plan that's not a high-deductible health plan (except if plans provide certain types of limited coverage)

Not enrolled in Medicare
Not claimed as a dependent on someone else’s tax return

How to open an account

Apply for an HSA online or at one of our banking centers. If you're an existing client, your application may be even shorter.

Apply online

To get started, you'll need your social security number, a US address (not including US territories) and a driver's license or State ID.

Ways to fund your account:

Make an internal transfer from an existing CIBC Bank USA account
Transfer or rollover funds from an existing HSA at another financial institution¹
Mail a check to CIBC Bank USA, 6825 West 111th St., Worth, Illinois 60482