Pros

Access to more than 65,000 ATMs
No monthly fees or balance requirements for basic accounts
Money Manager tool tracks spending

Cons

Top annual percentage yield (APY) on basic savings account is 0.15%; better rates are available elsewhere
Only four locations in the U.S.
Membership limited to people with military ties

Overall

3.5

Military families on the move need a bank that goes with them. Through online banking options, mobile tools and a broad ATM network, USAA Bank ensures that members can access their money from anywhere.

If you’re eligible for membership, the bank’s no-fee checking account and Money Manager tool deserve a closer look.

Ratings methodology | Updated Dec. 15, 2017

Checking

4.5

USAA offers four checking accounts nationwide: Classic Checking, college checking, Youth Spending and checking for military recruits. (A fifth account, Cashback Rewards Checking, is available in 28 states as part of a pilot program.) They all have the same fees and requirements, though the cashback and military checking accounts waive the $25 minimum opening deposit for new recruits.

USAA Savings
0.15%
APY
$10,000
Min. balance for APY
Learn moreat USAA Federal Savings Bank
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Overall
Customer service
Good
Website / app
Fair
Rates
Poor
Fees
High
rates are rediculous!
If one compares rates, one would go elsewhere!
Overall
Customer service
Excellent
Website / app
Good
Rates
Fair
Fees
Low
World Wide Banking
Been a customer for 50+ years. Great service, whether in Europe, Asia, or North America in my personal experience. Checking, saving, credit/debit card, loans, etc.
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