Despite its name, a Health Savings Account acts as a traditional checking account. This matters especially when you’re performing a transfer to your HSA.
When telling your bank to transfer funds to your First Dollar HSA, you need to ensure they know it is a checking account. If they think it’s a savings account, your transfer will not clear, which is not good!
So be sure your bank is aware that your First Dollar HSA is indeed a checking account if you want to get your dollars in there!