LIMITED POWER OF ATTORNEY FOR SECTION 16 REPORTING OBLIGATIONS

      Know  all  by  these  present  that the undersigned hereby constitutes and
appoints  each of Delano W. Ladd, Tyson D. Murdock, and Willkie Farr & Gallagher
LLP,  or  any  of  them  acting  singly and with full power of substitution, the
undersigned's true and lawful attorney-in-fact to:

   1. execute  for  and  on  behalf  of  the  undersigned,  in the undersigned's
      capacity  as  an  officer  or  director or both of HealthEquity, Inc. (the
      "COMPANY"),  Forms  3,  4 and 5 (and any amendments thereto) in accordance
      with Section 16(a) of the Securities Exchange Act of 1934, as amended (the
      "EXCHANGE ACT"), and the rules thereunder;

   2. do and perform any and all acts for and on behalf of the undersigned which
      may  be  necessary or desirable to complete and execute any such Form 3, 4
      or  5,  complete  and execute any amendments thereto, and timely file such
      form  with the U.S. Securities and Exchange Commission (the "SEC") and any
      securities exchange or similar authority, including without limitation the
      filing  of  a  Form  ID or any other documents necessary or appropriate to
      enable  the  undersigned  to file the Forms 3, 4 and 5 electronically with
      the SEC;

   3. seek   or   obtain,   as  the  undersigned's  representative  and  on  the
      undersigned's   behalf,  information  on  transactions  in  the  Company's
      securities  from any third party, including brokers, employee benefit plan
      administrators  and  trustees,  and  the undersigned hereby authorizes any
      such  person  to release any such information to each of the undersigned's
      attorneys-in-fact appointed by this Limited Power of Attorney and approves
      and ratifies any such release of information; and

   4. take  any  other  action  in  connection  with the foregoing which, in the
      opinion  of  such  attorney-in-fact,  may  be  of  benefit to, in the best
      interest  of,  or  legally  required  by or for, the undersigned, it being
      understood  that the documents executed by such attorney-in-fact on behalf
      of  the undersigned pursuant to this Limited Power of Attorney shall be in
      such  form  and  shall  contain  such  information  and disclosure as such
      attorney-in-fact may approve in such attorney-in-fact's discretion.

      The undersigned hereby grants to each such attorney-in-fact full power and
authority  to  do  and  perform any and every act and thing whatsoever required,
necessary  or  proper to be done in the exercise of any of the rights and powers
herein granted, as fully to all intents and purposes as the undersigned might or
could  do  if personally present, with full power of substitution or revocation,
hereby  ratifying  and  confirming  all  that  such  attorney-in-fact,  or  such
attorney-in-fact's  substitute  or substitutes, shall lawfully do or cause to be
done  by  virtue  of  this  Limited  Power of Attorney and the rights and powers
herein granted.

      The  undersigned  acknowledges  that  the  foregoing attorneys-in-fact, in
serving  in  such  capacity at the request and on the behalf of the undersigned,
are  not  assuming,  nor  is  the  Company  assuming,  any  of the undersigned's
responsibilities  to  comply  with,  or  any liability for the failure to comply
with, any provision of Section 16 of the Exchange Act.

      This  Limited  Power  of  Attorney  revokes  any  earlier Limited Power of
Attorney  delivered  to  the  Company by the undersigned relating to the matters
contemplated  herein  and  shall  remain  in  full  force  and  effect until the
undersigned  is  no  longer required to file Forms 3, 4 or 5 with respect to the
undersigned's  holdings of and transactions in securities issued by the Company,
unless  earlier revoked by the undersigned in a signed writing delivered to each
of the foregoing attorneys-in-fact.

IN  WITNESS WHEREOF, the undersigned has executed this Limited Power of Attorney
as of this 22nd day of March 2021.

                                                   Signed and acknowledged:

                                                   /s/ Tyson D. Murdock
                                                   -----------------------------
                                                   Tyson D. Murdock