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Health Savings Account

Invest in your health

Healthcare can be costly and confusing. That’s why NW Preferred has worked tirelessly to find the most cost-effective way for members to save for healthcare expenses. Find out how NW Preferred can prepare you for the future.

Apply Now

Fantastic rates, multiple tax advantages

A Health Savings Account (HSA) is a special savings account used to pay for qualified medical expenses. You can use the money on a wide variety of medical needs, including prescriptions. With three tax advantages and one of the best rates on the market, we believe our HSA is truly smart way to save.

  • Tax-deductible contributions
  • Tax-free accumulation of interest
  • Tax-free distributions for qualified medical expenses

 

Open your HSA today

Double check our FAQs to make sure you qualify for an HSA. Then, feel free to apply online below.

  • Online Application
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  • Account Opening
Apply Now

Rates as high as

2.00 % APY*

All Rates

*Disclosures

All rates are subject to change. Early withdrawal penalties may apply. For all other terms and fees for each account, contact your branch for the applicable disclosure statement(s). Any fees assessed could reduce earnings on this account. Other terms and conditions may apply, see Credit Union for full details.