Redwood Capital Bank Health Savings Account Review

Redwood Capital Bank Health Savings Account is offered by Redwood Capital Bank, a bank founded in 2003 and based in Eureka, CA. Redwood Capital Bank Health Savings Account is available in 1 state across the USA.

• No minimum initial deposit. There is no minimum balance required to open an account.
• No ATM fees. Redwood Capital Bank Health Savings Account does not charge fees on ATM transactions.
• Bill pay. Pay your bills to practically anyone in the United States through Redwood Capital Bank.
• Hard credit pull. Redwood Capital Bank may require a hard pull on your credit report to open a checking account.

Are savings accounts from Redwood Capital Bank federally insured?

Yes, your Redwood Capital Bank savings accounts are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC #57610). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.

Does Redwood Capital Bank offer a signup bonus?

Redwood Capital Bank Health savings account doesn't offer a signup bonus.

What is the minimum initial deposit for Redwood Capital Bank Health savings account?

What APY does Redwood Capital Bank offer?

Redwood Capital Bank Health savings account is not an interest-bearing account.

What fees does Redwood Capital Bank Health savings account charge?

Redwood Capital Bank Health savings account does not charge a monthly service fee. See the fee breakdown section below to view all fees.

What features and perks does Redwood Capital Bank Health savings account offer?

This savings account includes the following features:

• Free Online Bill Pay - Online Bill Pay allows you to pay bills easily from your account.
• Mobile Banking Services - Redwood Capital Bank Health savings account allows you to manage your money online or with a mobile app.

Can you set up a direct deposit to Redwood Capital Bank Health savings account?

In most cases, the answer is yes. However, it depends on the direct deposit program your employer uses. Most direct deposit programs allow you to send your paycheck to a savings or checking account. In some cases, you can even split your paycheck between the two.