Amid mounting complaints nationally about banks raising their fees, Webster Bank’s health savings accounts affiliate announced today it is eliminating two types of fees.
Waterbury-based HSA Bank said it will no longer impose a set up fee and debit card renewal fee for its health savings accounts.
“We eliminated the debit card renewal fee because we recognize debit cards are the most convenient way for our accountholders to make point-of-service transactions,” said HSA Bank CEO Dean Mason. “We want to make it easy for people to have and use their debit card.”
Mason said both fees were the top two customer concerns cited in its annual consumer benchmark survey.
