Earn 1.11% APY on your money with an Alliant High-Rate Savings Account.
Get upfront pricing, guaranteed savings, and a discounted rate on your auto loan. Members save an average of $3,106 off MSRP.
Digital wallet payments are convenient and secure.
The National Education Program is open to Alliant members between the ages of 5 and 17. Apply by Friday, August 18, 2017.
Take advantage of tax-free savings for qualified medical expenses now. Your future self will thank you!
With an average daily balance of $100 or more
Our mobile app gives you access to your Alliant Account in the palm of your hand.
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"Best Deals in Banking of 2016" - Kiplinger's
"Best Savings Account in 2017" - NerdWallet
"Best Online Savings Account in 2017" - MagnifyMoney
With an Alliant Health Savings Account, you, your employer, or someone on your behalf can deposit funds to pay for current or future medical expenses. Funds used for qualified medical expenses, including dividends, are tax-free7. Unused funds remain in the HSA year after year, earning tax-deferred dividends. Unlike a Flexible Spending Account (FSA), there's no "use it or lose it" provision in an HSA.
Once you are age 65 or become disabled, you can withdraw funds from your HSA for both medical and non-medical expenses (but the non-medical uses will be taxable at that time.)
The information above is not intended to be tax advice. Each individual’s tax situation is different. You should consult with your tax professional to discuss your personal situation.
HSA Guidelines for 2017
If you use an HSA to pay for unqualified medical expenses, the tax penalty is 20% of the HSA distribution.
HSA Guidelines for 2018
If you aren't currently an Alliant member, you'll need to become a member before opening an Alliant HSA. Don't worry. It's easy, and we'll even add the first $5 into a savings account for you71! Then, it's your choice if you'd like to add more to the regular savings account in the future. Regardless, you'll have access to your HSA account!
How to move an HSA from another bank to Alliant
Follow our step-by-step instructions on completing a direct transfer or rollover to move your HSA funds into an Alliant HSA.
View HSA Forms
You can easily access your account any time, day or night, via online, mobile banking or by phone.
Use your free Visa HSA debit card, mobile or online banking to quickly pay for all eligible expenses. Or you may write a check for these expenses.
Be sure to maintain all healthcare related receipts that you pay with your HSA account. In case of a tax audit, you may be asked to substantiate the expense.
Using HSA funds to pay for a non-qualified medical expense is taxable as income and subject to an additional 20 percent penalty by the IRS. To get a complete list of qualified medical expenses, download the IRS Medical and Dental Expenses (PDF) publication.
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View our full fee schedule.41
Yes. You may always use HSA funds to pay your qualified medical expenses, as well as the qualified medical expenses of your spouse and your dependents.
Yes, authorized users – generally covered family members such as a spouse or partner and dependents over the age of 18 who are not living in the same household – can be added to your Alliant HSA account as authorized users. In Alliant Online Banking, on the main account page, click on the "Options" link to the right of your HSA balance on the main account page. Click "Manage Authorized Signer" and then "Add a New Authorized Signer" and complete the form. Or download and complete the HSA Authorized Signer Add/Delete Form and mail or fax it to Alliant (the address and fax number are listed on the form).
Yes. You can use the free Alliant Online Bill Pay to make a payment from your Alliant HSA for qualified medical expenses.
Alliant Credit Union
Attn: IRA/HSA Dept.
P.O. Box 66945
Chicago, IL 60666-0945
Alliant Credit Union
Attn: IRA/HSA Dept.
11545 W. Touhy Avenue
Chicago, IL 60666
Check with your insurance provider or employer to ensure you are covered by a qualified HDHP.
Yes. Alliant HSA debit cards are eligible for both Android Pay and Samsung Pay mobile payment systems.
No. Alliant HSA debit cards are not eligible for Apple Pay™ at this time.
To change an HSA from Single to Family or vice versa, the HSA owner should send a signed letter requesting the HSA type change. Include your full name and member number in the letter. Mail to Alliant Credit Union, Attn: HSA Department, PO Box 66945, Chicago, IL 60666, or fax to 773-462-8735. Employees of RR Donnelley or Takeda should consult their internal benefits team for instructions.
If you wrote a check or used your HSA debit card for a non-qualified medical expense, or received reimbursement from your insurance company or physician for a medical bill already paid from your HSA, please use the Return of HSA Distribution form (pdf) to return the funds to your HSA and avoid tax penalties. Subject to IRS Guidelines.
Our investment partner SaveDaily offers many leading mutual funds. You can review the current list here.
Yes. However, you can complete this transaction one time only, for life. You can contribute funds from your IRA to your HSA, up to the IRS limit for your type of HDHP coverage.
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Moved from 8 years with Chase to Alliant, super happy with the switch. I'm a broke millenial, so the HSA is about as close as I am getting to a retirement account for the next couple years, unfortunately. Between the expense ratios and this monthly fee, the first sweep needs to be pretty substantial to recover this, but the fee is flat and given that it costs little to no money to park your high yield checking / savings with Alliant, this seems fair.
HSA Account is great! Easy to apply for. No fees! Great rate
The best and easist HSA to set up and use. Let alone, the best Credit Union in the country.
(and I also belong to the Navy and Elevations C.U.'s)
Started with a HSA sponsored by my former employer and have now added savings and checking accounts. I kept my HSA after retirement and just trust and love Alliant's service and ease of use
In so many respects having an Alliant hosted HSA is EASY. They pretty much rule the "no hassle - no fee - done right" category in a market of HSA acct offerings that looks more like a bunch of "skimmers". Look around, you won't find any offering that is as "honest & service oriented" as this.
Now, if they could just get back to the market leading interest rate that initially attracted me to open the account. What would really be great is a no cost option to use Vanguard ETF & Index products.
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