Optum Bank HSA
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Widely offered through employer benefits. $2.75/mo fee for investment accounts. Integrates with UnitedHealth Group ecosystem.
B+Best for Employer Plans
Optum Bank is one of the largest HSA custodians in the US and the default provider for millions of employer-sponsored plans, which means your HR contribution may land here automatically. The $2.75/month fee ($33/year) is waived when your balance stays above $3,000, and you get access to a curated mutual fund menu once you clear that threshold. The mobile app integrates with UnitedHealth claim data if you are on a UHC plan, which cuts down on manual receipt entry.
Pros
- Seamless integration with UnitedHealthcare insurance claims
- Fee waived at $3,000 balance — realistic for most long-term savers
- Strong employer-plan distribution makes rollovers unnecessary for many users
Cons
- $2.75/month fee if balance stays below $3,000
- Investment menu is narrower and higher-cost than Fidelity's lineup
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