# Top 10 Optum Financial HSA Alternatives & Competitors
**Average Rating:** 2.5/5
**Total Number of Reviews:** 1
If you are considering Optum Financial HSA, you may also want to investigate similar alternatives or competitors to find the best solution. Other important factors to consider when researching alternatives to Optum Financial HSA include ease of use and reliability. The best overall Optum Financial HSA alternative is Forma. Other similar apps like Optum Financial HSA are Benepass, Lively HSA, WEX Benefits, and Fidelity HSA. Optum Financial HSA alternatives can be found in [Health Savings Account (HSA) Software](https://www.g2.com/categories/health-savings-account-hsa) but may also be in [Benefits Administration Software](https://www.g2.com/categories/benefits-administration).


## Best Paid & Free Alternatives to Optum Financial HSA
  - [Forma](https://www.g2.com/products/formabenefits/reviews)
  - [Benepass](https://www.g2.com/products/benepass/reviews)
  - [Lively HSA](https://www.g2.com/products/lively-hsa/reviews)
  - [WEX Benefits](https://www.g2.com/products/wex-benefits/reviews)
  - [Fidelity HSA](https://www.g2.com/products/fidelity-hsa/reviews)
  - [Alegeus Platform](https://www.g2.com/products/alegeus-platform/reviews)
  - [HealthEquity](https://www.g2.com/products/healthequity/reviews)
  - [Bank of America HSA](https://www.g2.com/products/bank-of-america-hsa/reviews)
  - [HSA Bank](https://www.g2.com/products/hsa-bank/reviews)
  - [Alerus](https://www.g2.com/products/alerus/reviews)

## Top 10 Alternatives to Optum Financial HSA Recently Reviewed By G2 Community
Browse options below. Based on reviewer data, you can see how Optum Financial HSA stacks up to the competition, check reviews from current & previous users in industries like Information Technology and Services, and find the best product for your business.


  ### 1. [Forma](https://www.g2.com/products/formabenefits/reviews)
By Forma
**Average Rating:** 4.8/5
**Total Reviews:** 822
Forma revolutionizes employee benefits with customizable spending accounts for post-tax and pre-tax benefits, such as Lifestyle Spending Accounts (LSAs), HSAs, FSAs, Commuter, and COBRA benefits. Utilizing the Forma Card, Forma Store, or claims reimbursement, employees can take full advantage of our platform, which boasts an 85% monthly utilization rate. For Benefits professionals, setting an equitable global benefits strategy, staying on top of your budget, monitoring usage, and getting insights on claims approvals is all easy through Forma. Our consumer-grade UI coupled with our world-class support experience have garnered praise from both members and admins alike.


Categories in common with Optum Financial HSA: [Health Savings Account (HSA)](https://www.g2.com/categories/health-savings-account-hsa)

**Compare:** [Optum Financial HSA vs Forma](https://www.g2.com/compare/formabenefits-vs-optum-financial-hsa)
**Compare Forma with other alternatives:**
- [Forma vs Benepass](https://www.g2.com/compare/benepass-vs-formabenefits)
- [Forma vs Lively HSA](https://www.g2.com/compare/formabenefits-vs-lively-hsa)
- [Forma vs WEX Benefits](https://www.g2.com/compare/formabenefits-vs-wex-benefits)
- [Forma vs Fidelity HSA](https://www.g2.com/compare/fidelity-hsa-vs-formabenefits)
- [Forma vs Alegeus Platform](https://www.g2.com/compare/alegeus-platform-vs-formabenefits)
- [Forma vs HealthEquity](https://www.g2.com/compare/formabenefits-vs-healthequity)
- [Forma vs Bank of America HSA](https://www.g2.com/compare/bank-of-america-hsa-vs-formabenefits)
- [Forma vs HSA Bank](https://www.g2.com/compare/formabenefits-vs-hsa-bank)
- [Forma vs Alerus](https://www.g2.com/compare/alerus-vs-formabenefits)

  ### 2. [Benepass](https://www.g2.com/products/benepass/reviews)
By Benepass
**Average Rating:** 4.8/5
**Total Reviews:** 171
Benepass is a platform to flexibly distribute benefits and non-salary compensation globally. Our card-first technology gives employees a physical and virtual VISA card with all their benefits from their employer coded on the card: including HSAs, FSAs, Wellness Benefits, Family Benefits, WFH Benefits, Food Benefits, Lifestyle Spending Accounts, and customized benefits. Leadership teams have access to an admin dashboard to track employee engagement. Companies see 80%+ engagement with Benepass.


Categories in common with Optum Financial HSA: [Health Savings Account (HSA)](https://www.g2.com/categories/health-savings-account-hsa)

**Compare:** [Optum Financial HSA vs Benepass](https://www.g2.com/compare/benepass-vs-optum-financial-hsa)
**Compare Benepass with other alternatives:**
- [Benepass vs Forma](https://www.g2.com/compare/benepass-vs-formabenefits)
- [Benepass vs Lively HSA](https://www.g2.com/compare/benepass-vs-lively-hsa)
- [Benepass vs WEX Benefits](https://www.g2.com/compare/benepass-vs-wex-benefits)
- [Benepass vs Fidelity HSA](https://www.g2.com/compare/benepass-vs-fidelity-hsa)
- [Benepass vs Alegeus Platform](https://www.g2.com/compare/alegeus-platform-vs-benepass)
- [Benepass vs HealthEquity](https://www.g2.com/compare/benepass-vs-healthequity)
- [Benepass vs Bank of America HSA](https://www.g2.com/compare/bank-of-america-hsa-vs-benepass)
- [Benepass vs HSA Bank](https://www.g2.com/compare/benepass-vs-hsa-bank)
- [Benepass vs Alerus](https://www.g2.com/compare/alerus-vs-benepass)

  ### 3. [Lively HSA](https://www.g2.com/products/lively-hsa/reviews)
By Lively
**Average Rating:** 4.7/5
**Total Reviews:** 131
Lively provides employers and employees a streamlined, digital way to manage their health savings account. Lively automates the manual and tedious tasks of all aspects of an employer's HSA administration.


Categories in common with Optum Financial HSA: [Health Savings Account (HSA)](https://www.g2.com/categories/health-savings-account-hsa)

**Compare:** [Optum Financial HSA vs Lively HSA](https://www.g2.com/compare/lively-hsa-vs-optum-financial-hsa)
**Compare Lively HSA with other alternatives:**
- [Lively HSA vs Forma](https://www.g2.com/compare/formabenefits-vs-lively-hsa)
- [Lively HSA vs Benepass](https://www.g2.com/compare/benepass-vs-lively-hsa)
- [Lively HSA vs WEX Benefits](https://www.g2.com/compare/lively-hsa-vs-wex-benefits)
- [Lively HSA vs Fidelity HSA](https://www.g2.com/compare/fidelity-hsa-vs-lively-hsa)
- [Lively HSA vs Alegeus Platform](https://www.g2.com/compare/alegeus-platform-vs-lively-hsa)
- [Lively HSA vs HealthEquity](https://www.g2.com/compare/healthequity-vs-lively-hsa)
- [Lively HSA vs Bank of America HSA](https://www.g2.com/compare/bank-of-america-hsa-vs-lively-hsa)
- [Lively HSA vs HSA Bank](https://www.g2.com/compare/hsa-bank-vs-lively-hsa)
- [Lively HSA vs Alerus](https://www.g2.com/compare/alerus-vs-lively-hsa)

  ### 4. [WEX Benefits](https://www.g2.com/products/wex-benefits/reviews)
By WEX
**Average Rating:** 3.7/5
**Total Reviews:** 84
Since 1987, WEX Benefits has been in the business of simplifying the administration of HSAs, FSAs, HRAs, Commuter Benefits, COBRA and more with innovative technology solutions.


Categories in common with Optum Financial HSA: [Health Savings Account (HSA)](https://www.g2.com/categories/health-savings-account-hsa)

**Compare:** [Optum Financial HSA vs WEX Benefits](https://www.g2.com/compare/optum-financial-hsa-vs-wex-benefits)
**Compare WEX Benefits with other alternatives:**
- [WEX Benefits vs Forma](https://www.g2.com/compare/formabenefits-vs-wex-benefits)
- [WEX Benefits vs Benepass](https://www.g2.com/compare/benepass-vs-wex-benefits)
- [WEX Benefits vs Lively HSA](https://www.g2.com/compare/lively-hsa-vs-wex-benefits)
- [WEX Benefits vs Fidelity HSA](https://www.g2.com/compare/fidelity-hsa-vs-wex-benefits)
- [WEX Benefits vs Alegeus Platform](https://www.g2.com/compare/alegeus-platform-vs-wex-benefits)
- [WEX Benefits vs HealthEquity](https://www.g2.com/compare/healthequity-vs-wex-benefits)
- [WEX Benefits vs Bank of America HSA](https://www.g2.com/compare/bank-of-america-hsa-vs-wex-benefits)
- [WEX Benefits vs HSA Bank](https://www.g2.com/compare/hsa-bank-vs-wex-benefits)
- [WEX Benefits vs Alerus](https://www.g2.com/compare/alerus-vs-wex-benefits)

  ### 5. [Fidelity HSA](https://www.g2.com/products/fidelity-hsa/reviews)
By Fidelity
**Average Rating:** 4.7/5
**Total Reviews:** 3
The Fidelity Health Savings Account (HSA is a tax-advantaged account designed to help individuals save and pay for qualified medical expenses. It offers a triple tax advantage: contributions are tax-deductible, earnings grow tax-free, and withdrawals for qualified medical expenses are tax-free. Unlike Flexible Spending Accounts (FSAs, HSA funds roll over year after year, allowing for long-term savings and investment growth. The account is portable, meaning it stays with you even if you change jobs or health plans. Fidelity's HSA provides a range of investment options, including stocks, bonds, ETFs, and mutual funds, enabling users to tailor their investment strategy to their financial goals. With no account fees or minimums, and a user-friendly platform, Fidelity's HSA empowers individuals to manage their healthcare expenses effectively while building savings for future medical costs. Key Features and Functionality: - Triple Tax Advantage: Contributions are tax-deductible, earnings grow tax-free, and withdrawals for qualified medical expenses are tax-free. - Investment Options: Access to a wide range of investment choices, including stocks, bonds, ETFs, and mutual funds, allowing for personalized investment strategies. - No Account Fees or Minimums: Open and maintain an account without any fees or minimum balance requirements. - Portability: The account remains with you regardless of employment status or changes in health plans. - Flexible Spending: Use funds for a variety of qualified medical expenses, with options like a debit card, online bill pay, and reimbursement for out-of-pocket costs. Primary Value and User Benefits: Fidelity's HSA addresses the need for a flexible, tax-efficient way to manage healthcare expenses both now and in the future. By offering a comprehensive suite of investment options without fees or minimums, it enables users to grow their savings over time. The portability and rollover features ensure that individuals can maintain and build their healthcare savings regardless of life changes, providing financial security and peace of mind for medical expenses.


Categories in common with Optum Financial HSA: [Health Savings Account (HSA)](https://www.g2.com/categories/health-savings-account-hsa)

**Compare:** [Optum Financial HSA vs Fidelity HSA](https://www.g2.com/compare/fidelity-hsa-vs-optum-financial-hsa)
**Compare Fidelity HSA with other alternatives:**
- [Fidelity HSA vs Forma](https://www.g2.com/compare/fidelity-hsa-vs-formabenefits)
- [Fidelity HSA vs Benepass](https://www.g2.com/compare/benepass-vs-fidelity-hsa)
- [Fidelity HSA vs Lively HSA](https://www.g2.com/compare/fidelity-hsa-vs-lively-hsa)
- [Fidelity HSA vs WEX Benefits](https://www.g2.com/compare/fidelity-hsa-vs-wex-benefits)
- [Fidelity HSA vs Alegeus Platform](https://www.g2.com/compare/alegeus-platform-vs-fidelity-hsa)
- [Fidelity HSA vs HealthEquity](https://www.g2.com/compare/fidelity-hsa-vs-healthequity)
- [Fidelity HSA vs Bank of America HSA](https://www.g2.com/compare/bank-of-america-hsa-vs-fidelity-hsa)
- [Fidelity HSA vs HSA Bank](https://www.g2.com/compare/fidelity-hsa-vs-hsa-bank)
- [Fidelity HSA vs Alerus](https://www.g2.com/compare/alerus-vs-fidelity-hsa)

  ### 6. [Alegeus Platform](https://www.g2.com/products/alegeus-platform/reviews)
By Alegeus Technologies
Empowering consumers to manage their ever-growing responsibility for the cost of their healthcare


Categories in common with Optum Financial HSA: [Health Savings Account (HSA)](https://www.g2.com/categories/health-savings-account-hsa)

**Compare:** [Optum Financial HSA vs Alegeus Platform](https://www.g2.com/compare/alegeus-platform-vs-optum-financial-hsa)
**Compare Alegeus Platform with other alternatives:**
- [Alegeus Platform vs Forma](https://www.g2.com/compare/alegeus-platform-vs-formabenefits)
- [Alegeus Platform vs Benepass](https://www.g2.com/compare/alegeus-platform-vs-benepass)
- [Alegeus Platform vs Lively HSA](https://www.g2.com/compare/alegeus-platform-vs-lively-hsa)
- [Alegeus Platform vs WEX Benefits](https://www.g2.com/compare/alegeus-platform-vs-wex-benefits)
- [Alegeus Platform vs Fidelity HSA](https://www.g2.com/compare/alegeus-platform-vs-fidelity-hsa)
- [Alegeus Platform vs HealthEquity](https://www.g2.com/compare/alegeus-platform-vs-healthequity)
- [Alegeus Platform vs Bank of America HSA](https://www.g2.com/compare/alegeus-platform-vs-bank-of-america-hsa)
- [Alegeus Platform vs HSA Bank](https://www.g2.com/compare/alegeus-platform-vs-hsa-bank)
- [Alegeus Platform vs Alerus](https://www.g2.com/compare/alegeus-platform-vs-alerus)

  ### 7. [HealthEquity](https://www.g2.com/products/healthequity/reviews)
By HealthEquity
**Average Rating:** 3.5/5
**Total Reviews:** 8
HealthEquity administers Health Savings Accounts (HSAs) and other consumer-directed benefits for our more than 12 million accounts in partnership with employers, benefits advisors, and health and retirement plan providers who share our mission to connect health and wealth and value our culture of remarkable “Purple” service.


Categories in common with Optum Financial HSA: [Health Savings Account (HSA)](https://www.g2.com/categories/health-savings-account-hsa)

**Compare:** [Optum Financial HSA vs HealthEquity](https://www.g2.com/compare/healthequity-vs-optum-financial-hsa)
**Compare HealthEquity with other alternatives:**
- [HealthEquity vs Forma](https://www.g2.com/compare/formabenefits-vs-healthequity)
- [HealthEquity vs Benepass](https://www.g2.com/compare/benepass-vs-healthequity)
- [HealthEquity vs Lively HSA](https://www.g2.com/compare/healthequity-vs-lively-hsa)
- [HealthEquity vs WEX Benefits](https://www.g2.com/compare/healthequity-vs-wex-benefits)
- [HealthEquity vs Fidelity HSA](https://www.g2.com/compare/fidelity-hsa-vs-healthequity)
- [HealthEquity vs Alegeus Platform](https://www.g2.com/compare/alegeus-platform-vs-healthequity)
- [HealthEquity vs Bank of America HSA](https://www.g2.com/compare/bank-of-america-hsa-vs-healthequity)
- [HealthEquity vs HSA Bank](https://www.g2.com/compare/hsa-bank-vs-healthequity)
- [HealthEquity vs Alerus](https://www.g2.com/compare/alerus-vs-healthequity)

  ### 8. [Bank of America HSA](https://www.g2.com/products/bank-of-america-hsa/reviews)
By Bank of America
**Average Rating:** 3.8/5
**Total Reviews:** 3
Bank of America's Health Savings Account for Life® is a versatile financial tool designed to help individuals manage current and future healthcare expenses. Paired with HSA-eligible health plans, it offers potential tax advantages, including pre-tax contributions, tax-free interest and investment earnings, and tax-free withdrawals for qualified medical expenses. Unlike Flexible Spending Accounts , HSAs do not have a "use it or lose it" rule, allowing funds to roll over year after year, thereby enabling account holders to build a substantial healthcare nest egg over time. Key Features and Functionality: - Pre-Tax Contributions: Contributions can be made pre-tax, reducing taxable income. - Tax-Free Growth: Any interest or investment gains have the potential for tax-free growth. - Tax-Free Withdrawals: Withdrawals for qualified medical expenses are tax-free. - No "Use It or Lose It" Rule: Funds carry over year after year, allowing for long-term savings. - Investment Opportunities: Account holders can invest a portion of their balance in a select menu of mutual funds, potentially increasing their savings over time. - User-Friendly Tools: Secure online access, a dedicated mobile app with features like an eligible expense barcode scanner, and a Visa® debit card for easy payment of qualified medical expenses. Primary Value and Solutions Provided: The HSA for Life® empowers individuals to take control of their healthcare finances by offering a tax-advantaged way to save and pay for medical expenses. It addresses the challenge of rising healthcare costs by enabling users to build a dedicated fund for current and future medical needs, including expenses in retirement. The account's flexibility, combined with investment options and user-friendly tools, provides a comprehensive solution for managing healthcare expenses efficiently and effectively.


Categories in common with Optum Financial HSA: [Health Savings Account (HSA)](https://www.g2.com/categories/health-savings-account-hsa)

**Compare:** [Optum Financial HSA vs Bank of America HSA](https://www.g2.com/compare/bank-of-america-hsa-vs-optum-financial-hsa)
**Compare Bank of America HSA with other alternatives:**
- [Bank of America HSA vs Forma](https://www.g2.com/compare/bank-of-america-hsa-vs-formabenefits)
- [Bank of America HSA vs Benepass](https://www.g2.com/compare/bank-of-america-hsa-vs-benepass)
- [Bank of America HSA vs Lively HSA](https://www.g2.com/compare/bank-of-america-hsa-vs-lively-hsa)
- [Bank of America HSA vs WEX Benefits](https://www.g2.com/compare/bank-of-america-hsa-vs-wex-benefits)
- [Bank of America HSA vs Fidelity HSA](https://www.g2.com/compare/bank-of-america-hsa-vs-fidelity-hsa)
- [Bank of America HSA vs Alegeus Platform](https://www.g2.com/compare/alegeus-platform-vs-bank-of-america-hsa)
- [Bank of America HSA vs HealthEquity](https://www.g2.com/compare/bank-of-america-hsa-vs-healthequity)
- [Bank of America HSA vs HSA Bank](https://www.g2.com/compare/bank-of-america-hsa-vs-hsa-bank)
- [Bank of America HSA vs Alerus](https://www.g2.com/compare/alerus-vs-bank-of-america-hsa)

  ### 9. [HSA Bank](https://www.g2.com/products/hsa-bank/reviews)
By HSA Bank
**Average Rating:** 2.0/5
**Total Reviews:** 2
HSA Bank, a division of Webster Bank, N.A., specializes in administering consumer-directed healthcare accounts, including Health Savings Accounts , Flexible Spending Accounts , and Health Reimbursement Arrangements . With over 20 years of experience, HSA Bank serves more than 3 million individuals and 30,000 employers nationwide, offering a comprehensive suite of tax-advantaged accounts designed to help individuals and organizations manage healthcare expenses effectively. Key Features and Functionality: - Health Savings Accounts : Tax-advantaged accounts that allow individuals to save for current and future medical expenses. - Flexible Spending Accounts : Accounts that enable employees to set aside pre-tax dollars for eligible healthcare expenses. - Health Reimbursement Arrangements : Employer-funded plans that reimburse employees for qualified medical expenses. - Emergency Savings Accounts : Accounts designed to help employees save for unexpected expenses, promoting financial well-being. - Investment Options: HSAs with investment opportunities, including mutual funds and self-directed brokerage accounts, to grow healthcare savings. Primary Value and Solutions: HSA Bank empowers individuals and employers to take control of healthcare expenses through a variety of tax-advantaged accounts. For individuals, this means the ability to save and invest funds for medical expenses, reducing taxable income and preparing for future healthcare needs. Employers benefit by offering competitive benefits packages that enhance employee satisfaction and retention, while also enjoying potential payroll tax savings. By providing a range of account options and investment opportunities, HSA Bank addresses the diverse needs of its clients, promoting both immediate financial relief and long-term financial health.


Categories in common with Optum Financial HSA: [Health Savings Account (HSA)](https://www.g2.com/categories/health-savings-account-hsa)

**Compare:** [Optum Financial HSA vs HSA Bank](https://www.g2.com/compare/hsa-bank-vs-optum-financial-hsa)
**Compare HSA Bank with other alternatives:**
- [HSA Bank vs Forma](https://www.g2.com/compare/formabenefits-vs-hsa-bank)
- [HSA Bank vs Benepass](https://www.g2.com/compare/benepass-vs-hsa-bank)
- [HSA Bank vs Lively HSA](https://www.g2.com/compare/hsa-bank-vs-lively-hsa)
- [HSA Bank vs WEX Benefits](https://www.g2.com/compare/hsa-bank-vs-wex-benefits)
- [HSA Bank vs Fidelity HSA](https://www.g2.com/compare/fidelity-hsa-vs-hsa-bank)
- [HSA Bank vs Alegeus Platform](https://www.g2.com/compare/alegeus-platform-vs-hsa-bank)
- [HSA Bank vs HealthEquity](https://www.g2.com/compare/hsa-bank-vs-healthequity)
- [HSA Bank vs Bank of America HSA](https://www.g2.com/compare/bank-of-america-hsa-vs-hsa-bank)
- [HSA Bank vs Alerus](https://www.g2.com/compare/alerus-vs-hsa-bank)

  ### 10. [Alerus](https://www.g2.com/products/alerus/reviews)
By Alerus
**Average Rating:** 4.5/5
**Total Reviews:** 1
We administer FSA, HSA, HRA, Commuter Benefit, Direct Billing, and COBRA benefits to companies nationwide. By pairing powerful technology with unmatched customer service and personalized support, we create an all-inclusive benefits administration experience.


Categories in common with Optum Financial HSA: [Health Savings Account (HSA)](https://www.g2.com/categories/health-savings-account-hsa)

**Compare:** [Optum Financial HSA vs Alerus](https://www.g2.com/compare/alerus-vs-optum-financial-hsa)
**Compare Alerus with other alternatives:**
- [Alerus vs Forma](https://www.g2.com/compare/alerus-vs-formabenefits)
- [Alerus vs Benepass](https://www.g2.com/compare/alerus-vs-benepass)
- [Alerus vs Lively HSA](https://www.g2.com/compare/alerus-vs-lively-hsa)
- [Alerus vs WEX Benefits](https://www.g2.com/compare/alerus-vs-wex-benefits)
- [Alerus vs Fidelity HSA](https://www.g2.com/compare/alerus-vs-fidelity-hsa)
- [Alerus vs Alegeus Platform](https://www.g2.com/compare/alegeus-platform-vs-alerus)
- [Alerus vs HealthEquity](https://www.g2.com/compare/alerus-vs-healthequity)
- [Alerus vs Bank of America HSA](https://www.g2.com/compare/alerus-vs-bank-of-america-hsa)
- [Alerus vs HSA Bank](https://www.g2.com/compare/alerus-vs-hsa-bank)


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