United States securities and exchange commission logo October 6, 2022 Tyson Murdock Executive Vice President and Chief Financial Officer HealthEquity, Inc 15 West Scenic Pointe Drive Suite 100 Draper, Utah 84020 Re: HealthEquity, Inc Form 10-K for the Fiscal Year Ended January 31, 2022 Filed March 31, 2022 Form 10-Q for the Interim Period Ending April 30, 2022 Filed June 8, 2022 File No. 001-36568 Dear Tyson Murdock: We have completed our review of your filings. We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. Sincerely, Division of Corporation Finance Office of Trade & Services