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USAA Federal Savings Bank FDIC-Insured - Backed by the full faith and credit of the U.S. Government

A savings account for more financial freedom

Resources to reach your savings goals faster

Savings tools

Have a USAA Classic Checking account? Put it on autopilot with regular transfers to savings using our free tools.

No monthly service fees

Save even more when you never need to worry about monthly service fees.

Budgeting tools

Track activity across all your accounts with our free money management tools.

Add a checking account to get more from your savings.

When you apply for a savings account, it’s easy to add checking too. All you need is an initial deposit of $25 or more.

With both accounts, you can move and manage your money all in one place.

Empower your kids with a youth savings account.

Help them build a positive relationship with money that can benefit them for life.

Learn about youth savings

Banking with us can be simple and secure.

Convenient ways to move money

Move money with ease with Deposit@Mobile‍ ‍ See note 1 . There are no fees to send and receive money with Zelle® from the USAA Mobile App.

Deposits straight to savings

Send some of your paycheck directly to savings with direct deposit. You can also make deposits at select USAA Federal Savings Bank ATMs.‍ ‍ See note 2

Fraud monitoring

You'll get automatic alerts 24/7 for any suspicious activity on your account.‍ ‍ See note 3

Opening an account is fast and easy.

Steps to complete Opening an account is fast and easy.

  1. Log on

    If you’re not a USAA member, check if you can join.

  2. Select an option

    Choose the savings account that works best for you. You can also apply for a checking account at the same time.

  3. Apply

    You’ll provide your full name, address, date of birth and other information.

  4. Add money

    Make a payment using a checking, savings, Visa® or Mastercard® debit card or credit card.

Savings account FAQ

To fund your checking or savings account, you can:

  • Transfer money electronically from another USAA Bank account you own or from another bank.
  • Connect an external account you own by entering your log in credentials.
  • Use a debit or credit card to add up to $100.

Yes. After you open an account, you can add another USAA member as an account owner. They'll need to electronically sign documents we'll send to their inbox before we can add them.

Yes. Upon request, we’ll send you an ATM card that lets you withdraw cash from your savings account. You just can't use your ATM card for in-store or online purchases.

Yes. Upon request, we’ll send you a debit card that can be used for purchases from your checking account and also lets you withdraw cash from your checking or linked savings account.

Related advice articles

Checking versus savings account: What's the difference?

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Read article: Checking versus savings account: What's the difference?

Interest on a savings account: How your money can make money

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Read article: Interest on a savings account: How your money can make money

How to prioritize savings goals

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Read article: How to prioritize savings goals

More banking needs

Other accounts

  • Certificates of deposit
  • Credit cards
  • Youth spending

Money management

  • Account services
  • Deposits
  • Transfers
  • Send money with Zelle®

Banking info

  • Depository agreement and disclosures (Opens new window)
  • Routing number

Related footnotes:

  1. Eligibility for USAA Deposit@Mobile® will be based on your account history with USAA Federal Savings Bank. Deposits may not be available for immediate withdrawal. USAA's Deposit@Mobile® and related Deposit@Home® includes innovative features that are protected by multiple patents issued by the United States Patent and Trademark Office. A listing of issued Patents, intending to serve as notice under 35 U.S.C. § 287(a), may be found at United States Patents.

  2. When you use a non-USAA Bank ATM outside of our preferred network, you may incur surcharge, usage, or other fees charged by the ATM operator or network. We refund up to $10 per monthly statement cycle in non-USAA Bank ATM surcharge or usage fees for transactions made at non-USAA Bank ATMs. 1% Foreign Transactions Fee may apply. See the Account and Service Fee Schedule for details.

  3. Message and data rates may apply.

Related footnotes:

  1. The trademarks, logos and names of other companies, products and services are the property of their respective owners.

  2. Visa is a registered trademark of Visa International Service Association and used under license.

  3. Zelle® and the Zelle® related marks are wholly owned by Early Warning Services, LLC and are used herein under license.

  4. Membership eligibility and product restrictions apply and are subject to change.

  5. "USAA Bank" means USAA Federal Savings Bank.

  6. Deposit products and services offered by USAA Federal Savings Bank, Member FDIC. 

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