<?xml version="1.0" encoding="UTF-8"?>

<!--XBRL Document Created with the Workiva Platform-->
<!--Copyright 2025 Workiva-->
<!--r:63806fc8-8285-459b-be3b-de29d601d9d4,g:a238b8da-b56f-4014-97fb-aa198b74c645-->
<link:linkbase xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
  <link:roleRef roleURI="http://healthequity.com/role/CoverPage" xlink:type="simple" xlink:href="hqy-20250902.xsd#CoverPage"/>
  <link:presentationLink xlink:role="http://healthequity.com/role/CoverPage" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_dei_CoverAbstract_b6f32238-1b4e-44b9-9362-70abff524b5b" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_CoverAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentType_80bc9425-4096-4bbb-8d16-894f3901d556" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_DocumentType"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_b6f32238-1b4e-44b9-9362-70abff524b5b" xlink:to="loc_dei_DocumentType_80bc9425-4096-4bbb-8d16-894f3901d556" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentPeriodEndDate_bc01da87-0d7e-4d29-b038-1d24db967653" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_DocumentPeriodEndDate"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_b6f32238-1b4e-44b9-9362-70abff524b5b" xlink:to="loc_dei_DocumentPeriodEndDate_bc01da87-0d7e-4d29-b038-1d24db967653" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityFileNumber_511eb885-96e7-4f44-9d45-53814626e3d3" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityFileNumber"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_b6f32238-1b4e-44b9-9362-70abff524b5b" xlink:to="loc_dei_EntityFileNumber_511eb885-96e7-4f44-9d45-53814626e3d3" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityRegistrantName_c1cdddd2-8dd7-4f9e-9815-725c3ea3e335" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityRegistrantName"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_b6f32238-1b4e-44b9-9362-70abff524b5b" xlink:to="loc_dei_EntityRegistrantName_c1cdddd2-8dd7-4f9e-9815-725c3ea3e335" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityIncorporationStateCountryCode_508f4e79-0790-4299-a4ba-580c1c8b92f2" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityIncorporationStateCountryCode"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_b6f32238-1b4e-44b9-9362-70abff524b5b" xlink:to="loc_dei_EntityIncorporationStateCountryCode_508f4e79-0790-4299-a4ba-580c1c8b92f2" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityTaxIdentificationNumber_c5316fa8-367d-48ec-971e-f25ee34a62c1" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityTaxIdentificationNumber"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_b6f32238-1b4e-44b9-9362-70abff524b5b" xlink:to="loc_dei_EntityTaxIdentificationNumber_c5316fa8-367d-48ec-971e-f25ee34a62c1" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressAddressLine1_41561922-40e7-4d46-84d2-59da367262bd" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressAddressLine1"/>
    <link:presentationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_b6f32238-1b4e-44b9-9362-70abff524b5b" xlink:to="loc_dei_EntityAddressAddressLine1_41561922-40e7-4d46-84d2-59da367262bd" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressAddressLine2_b25c2d61-258f-4407-9a05-6c5605a4b67b" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressAddressLine2"/>
    <link:presentationArc order="8" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_b6f32238-1b4e-44b9-9362-70abff524b5b" xlink:to="loc_dei_EntityAddressAddressLine2_b25c2d61-258f-4407-9a05-6c5605a4b67b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressCityOrTown_24904bf8-8e06-4a6f-9d81-0de1d57b96b2" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressCityOrTown"/>
    <link:presentationArc order="9" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_b6f32238-1b4e-44b9-9362-70abff524b5b" xlink:to="loc_dei_EntityAddressCityOrTown_24904bf8-8e06-4a6f-9d81-0de1d57b96b2" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressStateOrProvince_e77965c4-02a7-4b22-9cb8-08b3123eb7ef" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressStateOrProvince"/>
    <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_b6f32238-1b4e-44b9-9362-70abff524b5b" xlink:to="loc_dei_EntityAddressStateOrProvince_e77965c4-02a7-4b22-9cb8-08b3123eb7ef" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressPostalZipCode_85353450-0bb8-4a4c-941a-df770b7c19b3" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressPostalZipCode"/>
    <link:presentationArc order="11" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_b6f32238-1b4e-44b9-9362-70abff524b5b" xlink:to="loc_dei_EntityAddressPostalZipCode_85353450-0bb8-4a4c-941a-df770b7c19b3" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_CityAreaCode_37a806d6-ca77-40fa-9a67-26d5042fbbaf" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_CityAreaCode"/>
    <link:presentationArc order="12" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_b6f32238-1b4e-44b9-9362-70abff524b5b" xlink:to="loc_dei_CityAreaCode_37a806d6-ca77-40fa-9a67-26d5042fbbaf" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_LocalPhoneNumber_e5a897a7-4eff-4f36-ba91-334216bcd99e" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_LocalPhoneNumber"/>
    <link:presentationArc order="13" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_b6f32238-1b4e-44b9-9362-70abff524b5b" xlink:to="loc_dei_LocalPhoneNumber_e5a897a7-4eff-4f36-ba91-334216bcd99e" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_WrittenCommunications_6af45452-ffeb-4fc7-aa54-fac987ea6657" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_WrittenCommunications"/>
    <link:presentationArc order="14" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_b6f32238-1b4e-44b9-9362-70abff524b5b" xlink:to="loc_dei_WrittenCommunications_6af45452-ffeb-4fc7-aa54-fac987ea6657" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_SolicitingMaterial_135d09e4-1c6d-445c-b904-57f4bfaf2213" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_SolicitingMaterial"/>
    <link:presentationArc order="15" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_b6f32238-1b4e-44b9-9362-70abff524b5b" xlink:to="loc_dei_SolicitingMaterial_135d09e4-1c6d-445c-b904-57f4bfaf2213" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_PreCommencementTenderOffer_b0183715-e7b1-45ec-9ca1-fdb88cabf230" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_PreCommencementTenderOffer"/>
    <link:presentationArc order="16" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_b6f32238-1b4e-44b9-9362-70abff524b5b" xlink:to="loc_dei_PreCommencementTenderOffer_b0183715-e7b1-45ec-9ca1-fdb88cabf230" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_PreCommencementIssuerTenderOffer_dfc1333c-857d-4ae1-a9fe-8ee8489dfa8d" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_PreCommencementIssuerTenderOffer"/>
    <link:presentationArc order="17" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_b6f32238-1b4e-44b9-9362-70abff524b5b" xlink:to="loc_dei_PreCommencementIssuerTenderOffer_dfc1333c-857d-4ae1-a9fe-8ee8489dfa8d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_Security12bTitle_5205155e-2570-4086-a5c0-af436a268a2d" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_Security12bTitle"/>
    <link:presentationArc order="18" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_b6f32238-1b4e-44b9-9362-70abff524b5b" xlink:to="loc_dei_Security12bTitle_5205155e-2570-4086-a5c0-af436a268a2d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_TradingSymbol_0d9cf6de-2844-4302-84a1-c88c504e6398" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_TradingSymbol"/>
    <link:presentationArc order="19" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_b6f32238-1b4e-44b9-9362-70abff524b5b" xlink:to="loc_dei_TradingSymbol_0d9cf6de-2844-4302-84a1-c88c504e6398" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_SecurityExchangeName_e04bc041-d4a5-4140-9cd4-88c00c3aa8bb" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_SecurityExchangeName"/>
    <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_b6f32238-1b4e-44b9-9362-70abff524b5b" xlink:to="loc_dei_SecurityExchangeName_e04bc041-d4a5-4140-9cd4-88c00c3aa8bb" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityEmergingGrowthCompany_b0bb7fb0-fd74-496c-bf64-86c886b424ec" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityEmergingGrowthCompany"/>
    <link:presentationArc order="21" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_b6f32238-1b4e-44b9-9362-70abff524b5b" xlink:to="loc_dei_EntityEmergingGrowthCompany_b0bb7fb0-fd74-496c-bf64-86c886b424ec" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityCentralIndexKey_85bb23b9-b273-490a-9c8a-4659dedd1262" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityCentralIndexKey"/>
    <link:presentationArc order="22" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_b6f32238-1b4e-44b9-9362-70abff524b5b" xlink:to="loc_dei_EntityCentralIndexKey_85bb23b9-b273-490a-9c8a-4659dedd1262" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_AmendmentFlag_ee1b63db-7bd6-4092-b068-b5cee357819c" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_AmendmentFlag"/>
    <link:presentationArc order="23" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_b6f32238-1b4e-44b9-9362-70abff524b5b" xlink:to="loc_dei_AmendmentFlag_ee1b63db-7bd6-4092-b068-b5cee357819c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
  </link:presentationLink>
</link:linkbase>
