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Balance Booster

Access to money when you need it

Advance access to HSA funds

With Balance Booster™, HSA funds are made available before they are contributed to your account. This allows you to pay for qualified expenses with tax-free money before your HSA balance has time to grow. You no longer need to worry about having enough saved in your HSA for immediate costs.

It’s easy

You don’t need to do anything if your employer participates in the program, Balance Booster funds are immediately made available, courtesy of your employer. Once your account is open, log into the member portal to view the funds ‘available to spend’. You can spend up to this amount using your HealthEquity Visa® Health Account Card1, the member portal or mobile app.

Download Full User Guide    Watch the overview

Balance Booster User Guide

View your account balance

It is easy to see how much you have available to spend from your HSA. Simply log into the HealthEquity member portal or mobile app and view the 'Available to spend' balance on the homepage.

Your ‘Cash Balance’ is used to cover expenses before Balance Booster advances are accessed, but the ‘Available to spend’ balance includes all available funds. The 'HSA Investments' balance also needs to be $0 before Balance Booster advances are accessed.

Detailed view

Click the icon by the ‘Available to spend’ balance to view additional Balance Booster details. As contributions are made through payroll and expenses are paid, the various totals adjust.

Here's how:

  • The ‘Amount available for contribution advances’ decreases as payroll contributions are made throughout the year. This total also decreases as advances are accessed to pay for expenses when there is no ‘Cash Balance’.
  • ‘Outstanding advances’ will increase as these funds are accessed (Contribution advances taken) and decrease as they are repaid (Repayments made).


Available to spend

Amount available for immediate use on qualified expenses.

Cash Balance

Contributions made minus any withdrawals, typically not less than $0.

Contribution advances taken

Funds advanced to cover expenses if there is not enough in the ‘Cash Balance’.

Outstanding contribution advances

Contribution advances taken that have not been repaid.

Access ‘Available to spend’ funds

You don’t have to take any extra steps to use Balance Booster advances. Simply use your HealthEquity Visa® Health Account Card1, or initiate a payment on the member portal or mobile app. If your cash balance is not sufficient to cover the charges, Balance Booster will cover the rest up to the ‘Available to spend’ balance.

Read your transaction history

To access your transaction history through the member portal, click ‘Transaction History’ in the ‘Quick Links’ section. Here, you can view all account activity.

Advances from Balance Booster  

When Balance Booster advances are used to cover expenses greater than your Cash Balance, you will see an amount labeled ‘From Balance Booster.’

Balance Booster Repayments  

As contributions from you or your employer are posted to your account, these funds will be used to repay any advanced funds. This is reported as a negative amount labeled ‘Repayment Contribution Advance’.

Amounts to be repaid  

‘Outstanding Contribution Advances’ are displayed at the top section of the transaction history screen.

1 This card is issued by The Bancorp Bank, pursuant to a license from U.S.A. Inc. Your card can be used everywhere Visa debit cards are accepted for qualified expenses. This card cannot be used at ATMs and you cannot get cash back, and cannot be used at gas stations, restaurants, or other establishments not health related. See Cardholder Agreement for complete usage restrictions.

An "advance" is not a loan or an advance of money that must be repaid. An employer may accelerate part or all of its contributions to the HSAs of employees who have incurred qualified medical expenses exceeding the employer's cumulative HSA contributions at that time. For more information, see Treas. Reg § 54.4980G-4. Q/A-15 or consult your tax advisor.