I have been with USAA for close to ten years now and I have received absolutely nothing but great customer services. USAA really has it together and offers great products, including this savings account, as well as great online and mobile features. Anytime I need to open a new account or change a service, I am able to do so hassle free. The charges associated with this savings account are minimal to none and it really is a great account to have! I highly recommend to anyone that is able to sign up for one with USAA to do so.
I have been a USAA customer for more than 15 years. To this date, I have been 100% satisfied with any product this bank has to offer. They have treated us with the upmost respect and have sought to offer us products that are better than the average bank. We use our savings account frequently. Even though they have a withdrawal limit on the savings account (6 times a month), they forgave us when we recently overwithdrew by mistake. They have constantly sought to make their customers happy. We use USAA for checking, savings, loans, investments, and auto insurance. I will never go anywhere else...
We have had our savings account with USAA for over a year and we have never had any issues. It was easy to get set up, clear disclosure information and just like every other product we have with them WONDERFUL customer service! We intend to get all of our banking/loan/insurance products switched over to USAA they have been great!
I love USAA! I am so grateful to my father for serving in the military so he could pass down his membership to by brother and I. This savings account has a great interest rate, but more than that I love that I can access my account information anytime. The website is great, as is the app, and USAA is one of the first banks using a biometric login - your phone can actually recognize your face so you can never forget your password. I know that identity theft is a big problem, but at USAA they take care of their own and the security is top-notch. It's easy to deposit money through the phone app, and the money is in your account instantly, no holds. It's also easy to transfer money to checking, etc, instantly. This is a great savings account!
I can’t say enough about my experience with a USAA savings account as well as a USAA customer. I have used USAA for a number of years now, primarily for checking accounts as well as credit cards. I was so happy with their services so I decided to pull my savings account from another bank I was using and bring that savings account to USAA. I opened the account because I knew could not get better customer service elsewhere. While I’m not necessarily earning huge interest on this account, it is effortless to maintain this account, and I can easily transfer funds from my checking account into my savings account online. I am also allowed 6 withdrawls from savings each month if need be.
USAA is amazing!! Anytime you need to call them they are always there. I love this account because there are no monthly fees or withdraw fees unlike other banks. Its easy to transfer money into your savings account from another account, but it is difficult to deposit money into the account. Sometimes depositing money you have to find a bank or go to your nearest UPS store to have them deposit into their system to get to your bank. I would tell everyone that this account is great to have especially for military families.
I love USAA. They are always there when you need them. Although it can be hard to deposit money into your account, they have easy access and are always available for you to when you need it. Transferring money is easy and the money is available right away. They make it easy to save because of the maximum amount of transfers allowed. That can sometimes be a pain if you need that money and do not want to incur an extra charge, but they are awesome and wouldn't change my bank in a million years!
I have been banking with USAA for over a decade and we have multiple accounts with them ranging from insurance to savings accounts. All of which we are very happy with. They are a great company to do business with and always put the customer first. We have never had a problem or issue with any of their services and we do all of our banking with them. It is easy to get in contact with customer service and your concerns and issues always come first. We are very satisfied with them as our savings bank.
My savings account is great! I opened it a few years ago for only $20. I love that there's no minimum balance needed. Transfers are easy, but you're only allowed 6 a month. I didn't like that at first, but it makes saving a lot easier. Now I don't have unlimited access to my funds, so I can't spend as often as I did before. Since I'm trying to save money this is a really nice feature. That being said, if I do need to make a transfer it only takes seconds. All of my accounts are through USAA, and I don't plan on leaving!
I love my savings account. I have had my USAA savings account for 15 years now and started with just a $5 balance. I love that they don't have a minimum balance to open up the account, and it is tied to my checking account. That is convenient, since I can transfer funds between my checking and savings account either online or on my phone. The mobile app is really easy to use. Also, they don't charge any fees, and I earn interest on the money in the account.
USAA is primarily an internet bank and, typically, online banks are able to provide more competitive rates for their savings account. Banks with brick and mortar branches usually offer lower rates because they have a wide range of other costs to incur and it’s just not profitable for the bank to provide competitive rates. As to why USAA chose to provide noncompetitive rates we cannot speak, but it might have something to do with the fact that you won’t be charged a monthly service fee for the account.
If you make more than 6 transfers per month, you will be charged a fee. The first occurrence is free, for the 2nd and 3rd occurrences within a 12 month-period you will be charged a $5 fee. Please note that after the 3rd occurrence within a 12 month-period, the bank will convert your savings account to a checking account or it can also decide to close your account.
No. Also, the bank does not apply a monthly service fee for its savings account.
Your savings account will never convert to a checking account. This savings account has a 6 withdrawal monthly limit. If you make more than 6 withdrawals in a monthly statement cycle, you will be charge a $5 fee per occurrence.
Unfortunately, this information is not made available on the bank’s official website. Please call customer service at 800-531-8722 for more details.
There is a fee for savings transactions, but it depends on the number of transfers made, not on the amount transferred. More specifically, you are allowed 6 transactions per month with no fee, and after that you will be charged $5 for each transaction.
The interest rate for a 3-year CD is 0.12%. Please find more details here: https://www.usaa.com/inet/pages/bank_cds?wa_ref=pub_global_products_bank_cd.
In the event that in a given week, for this product, there were multiple applicable rates in our database based on different criteria, the above graph reflects the lowest interest rate recorded. Before submitting an application, always verify with the issuing institution (i.e. bank, credit union, other lender) the rates, fees, and all terms and conditions accompanying the application.