Once HSA Bank establishes your HSA account, a debit card will be mailed to you. Once mailed, it should take 5-7 business days to arrive. The time it takes to approve and set up each HSA account varies from person to person. Keep in mind there is a federally regulated process for setting up banking accounts (due to the Patriot Act & other regulations) and the review/approval process is very fast for some and takes longer for others.
It is our understanding from HSA Bank at this time that the latest date you should receive your HSA Debit card by is January 20th, 2014. Your Welcome Packet/Letter will arrive within a few days of when you receive your debit card.
For security purposes, your HSA debit card will arrive in a plain, unmarked white envelope. Separately you will receive a welcome packet in the mail that includes a welcome letter with your HSA account number, a fee and interest schedule, a privacy notice and a copy of the deposit account agreement and disclosures for health savings accounts.
If you incur expenses prior to receiving your debit card, you can always reimburse yourself from your HSA once you have set your account up online.
You are highly encouraged to visit the FAQ section of HSA Bank’s website to view other important information about your card and managing your account online.