Fidelity HSA vs Optum Bank HSA
Side by side on the numbers that decide it. The Money 8020 Score already weighs these — this is the receipts.
Money 8020 pick FI Fidelity HSA Fidelity Investments 97/100 | OB Optum Bank HSA Optum Bank 77/100 | |
|---|---|---|
| Tier | Essential | Strong |
| Account fees | $0 | $2.75 |
| Minimum to invest | $0 | $2,000 |
| Cash yield | 3.37% | FDIC (Optum Bank) |
| Stock & ETF commissions | $0 | Employer plans |
| Annual fee | $0 | — |
| Best for | Anyone with a qualifying high-deductible health plan | Employees whose company offers Optum Bank as the HSA custodian |
| View profile | View profile |
Which should you choose: the Fidelity HSA or the Optum Bank HSA?
The Fidelity HSA is the stronger pick of the two, with a Money 8020 score of 97/100 versus 77. Choose the Optum Bank HSA instead if employees whose company offers Optum Bank as the HSA custodian.
On account fees, the Fidelity HSA shows $0 versus the Optum Bank HSA's $2.75. On minimum to invest, the Fidelity HSA shows $0 versus the Optum Bank HSA's $2,000. On cash yield, the Fidelity HSA shows 3.37% versus the Optum Bank HSA's FDIC (Optum Bank). Both figures are reflected in the Money 8020 score above; confirm current terms with each provider before deciding. This is not financial advice.
Fidelity HSA vs Optum Bank HSA: FAQ
Is the Fidelity HSA or the Optum Bank HSA better?
By our scoring, the Fidelity HSA edges ahead with a Money 8020 score of 97/100 versus 77. The Optum Bank HSA can still be the better fit if employees whose company offers Optum Bank as the HSA custodian.
What is the main difference between the Fidelity HSA and the Optum Bank HSA?
On account fees, the Fidelity HSA offers $0 while the Optum Bank HSA offers $2.75. Review the full table above and confirm current terms with each provider. This is not financial advice.