Fidelity Investments
Quick Summary
- #1 Morningstar HSA 7 years running
- Zero account fees
- FDRXX ~3.36% yield
- Full brokerage access
The Verdict
Fidelity Investments stands out as a strong option with zero monthly maintenance fees and self-directed brokerage access, mutual fund investing, earning a 4.9/5.0 rating from HSA Orbit.
At Fidelity, we create better futures and seek to deliver better outcomes for the customers and businesses we serve by constantly innovating and challenging the status quo in order to deliver more value to our customers. That's why we have an obsession with anticipating and delivering what our customers want. Throughout our history, we've dedicated nimble, passionate, empowered teams in solving some of our customers' biggest challenges. It is our employees who make the difference, and investing in them means we offer them the opportunity to do something important—something that allows them to thrive both inside and outside of work. It is our customer obsession, drive to think differently, and commitment to our people, communities, and business that has allowed Fidelity to grow from a small mutual fund company, to one of the largest and most diversified financial services firm in the word.
Key Features
Banking & Access
Includes debit card, online banking and check-writing.
Investment Options
Offers self-directed brokerage and mutual fund investing.
Security & Insurance
Deposits are FDIC/NCUA insured for your protection.
Account Details
No minimum balance to open. no account opening fees.
Fee Analysis
| Fee Type | This Provider | Industry Average | Verdict |
|---|---|---|---|
| Monthly Maintenance* | $0.00 | $0.69 | EXCELLENT |
| Account Opening | $0.00 | $1.88 | EXCELLENT |
| Account Closing | $0.00 | $1.95 | EXCELLENT |
* Zero account fees
Industry averages calculated from 853 providers in the HSA Orbit database.
Investment Options
Brokerage Access
Fidelity Investments provides a self-directed brokerage window for investing your HSA funds in the broader market.
Mutual Fund Investing
Access mutual fund investments through your HSA with Fidelity Investments.
- Minimum ThresholdNo minimum
- FeesView Offered Mutual Funds
Interest Rates
Standard Rates
| Balance Range | APY |
|---|---|
| $0 - $5,000 | 1.84% |
| $5,000+ | 1.84% |
Last updated: 01-13-2026
Contact Information
Address
Fidelity Brokerage Services LLC, 900 Salem Street, Smithfield, RI 02917
Customer Service
866-402-7610
Fidelity Brokerage Services LLC 900 Salem Street Smithfield, RI 02917
At a Glance
Pros & Cons
The Good
- •No monthly maintenance fees
- •No account opening or closing fees
- •Self-directed brokerage access
- •Invest from the first dollar
User Sentiment
Based on community feedback
Sentiment data coming soon
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