I have just under 3k in my HSA. I don't have a HDHP anymore, so I can't contribute anything. My bank wants $10/month if the balance is under 3k.
In 2015, I contributed $150 at the beginning of the year and then withdrew it as an excess contribution at the end of the year. There was no fee for this from my bank and no penalty. But now my bank is charging $15 for processing excess contributions.
If I do contribute about $150 and leave it there, there is a yearly 6% excise tax on that and on any earnings it makes. That's $9/year.
I haven't found a no-fee HSA account that would offset the costs of closing and transferring money.
Are there any consequences I'm not aware of or any other options?
Edit to answer questions:
It would take 2 years to incur 3k in expenses.
HDHP coverage ended in 2015.
I don't use the HSA debit card, I use my own credit card for points and then reimburse later.
I have a FSA now, so the HSA is an emergency backup. I have not made any withdrawals since 2015. I didn't find out about the fee changes until I had already opted in for 2017 FSA. So for this year, I am looking for options to avoid the bank's monthly HSA fees.