Fidelity HSA vs HealthEquity HSA
Side by side on the numbers that decide it. The money8020 Score already weighs these — this is the receipts.
money8020 pick FI Fidelity HSA Fidelity Investments 97/100 | H HealthEquity HSA HealthEquity 81/100 | |
|---|---|---|
| Tier | Essential | Strong |
| Account fees | $0 | Employer plans |
| Minimum to invest | $0 | Funds + brokerage |
| Cash yield | 3.37% | Often employer-paid |
| Stock & ETF commissions | $0 | FDIC at custodian |
| Annual fee | $0 | — |
| Best for | Anyone with a qualifying high-deductible health plan | Employees whose company offers HealthEquity as the HSA custodian |
| View profile | View profile |
Which should you choose: the Fidelity HSA or the HealthEquity HSA?
The Fidelity HSA is the stronger pick of the two, with a money8020 score of 97/100 versus 81. Choose the HealthEquity HSA instead if employees whose company offers HealthEquity as the HSA custodian.
On account fees, the Fidelity HSA shows $0 versus the HealthEquity HSA's Employer plans. On minimum to invest, the Fidelity HSA shows $0 versus the HealthEquity HSA's Funds + brokerage. On cash yield, the Fidelity HSA shows 3.37% versus the HealthEquity HSA's Often employer-paid. Both figures are reflected in the money8020 score above; confirm current terms with each provider before deciding. This is not financial advice.
Fidelity HSA vs HealthEquity HSA: FAQ
Is the Fidelity HSA or the HealthEquity HSA better?
By our scoring, the Fidelity HSA edges ahead with a money8020 score of 97/100 versus 81. The HealthEquity HSA can still be the better fit if employees whose company offers HealthEquity as the HSA custodian.
What is the main difference between the Fidelity HSA and the HealthEquity HSA?
On account fees, the Fidelity HSA offers $0 while the HealthEquity HSA offers Employer plans. Review the full table above and confirm current terms with each provider. This is not financial advice.