Skip to main content
Close

Before you go

You are about to leave flagstar.com. Flagstar is not responsible for the content on other sites.

PerfectHealth Savings

Save for healthcare expenses with PerfectHealth Savings, a health savings account that complements your high deductible health plan.

Get 3 tax advantages from a health savings account (HSA) like PerfectHealth Savings.

Icon with cash going into an ATM or account

Advantage 1: No tax on HSA contributions

Contribute up to the IRS maximum for individuals or families. If you're 55 or older, you can save an extra $1,000.1

Icon indicating financial growth

Advantage 2: No tax on HSA growth

Sit back and watch your interest and investment earnings grow tax free.1

Icon indicating money being distributed from a bank or ATM

Advantage 3: No tax on distributions

Pay for qualified medical expenses tax-free.1 That's what we call a win-win-win.

Feel your best now and in retirement with PerfectHealth Savings.

If you have a high deductible health plan, PerfectHealth Savings is a smart way to offset your healthcare costs. Use it now or save it for your golden years when these costs are often higher. Invest in your future health today with a tax-sheltered strategy for staying well.

  • For qualified medical, vision, dental, and prescription drug costs (defined in IRS Publication 502)
  • Moves with you if you change employers
  • $1 minimum deposit to open
  • Earn interest with a $500 minimum daily balance
  • Flagstar Visa® Debit Card2

Bank on the go with Mobile Banking.3

Mobile Banking lets you pay bills, move money, deposit checks,4 and much more. Add this easy-to-use app to your Android or iPhone and manage your money on your schedule.5

Start saving. Open a savings account today.

Icon indicating person and branch team member conversing

Visit a branch

We’ll walk you through it. Stop by the nearest branch to open an account in person.

You may also be interested in:

Two peope looking off into the distance happily.

Retirement Accounts

Start here to plan the future you desire for yourself and your family. Tap into our expertise to discover low-cost, high-quality financial solutions that bring clarity and precision to the path ahead.

Two parents smiling and holding their younger child.
Savings Accounts

Prepare for your future. Discover the savings account that will help you reach your goals.

1Please consult a tax or legal expert for advice.

2This debit card is issued by Flagstar Bank pursuant to a license from Visa U.S.A. Inc.

3Not all devices supported. Available for eligible personal and business deposit account customers only.

4Not all devices supported. Available for eligible personal and business checking and savings account customers only. Must be an active mobile banking user. Must be a customer for a minimum of two business days. Accounts must be in good standing.

5Apple and the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc. Android, Google Play, and the Google Play logo are trademarks of Google Inc.