To open a USAA account, specifically a basic savings account, you generally need an initial deposit of $25.
Initial Deposit for a USAA Savings Account
When you decide to open a savings account with USAA, the initial funding requirement is set at $25. This amount is needed to establish the account. Once the account is open, there is no requirement to maintain a specific minimum balance to keep it active. This flexibility can be beneficial for managing your finances without worrying about fluctuating minimums.
Here's a quick overview:
| Account Type | Minimum Opening Deposit | Ongoing Minimum Balance Required | Monthly Fees |
|---|---|---|---|
| USAA Savings Account | $25 | No | None |
Key Features of a USAA Savings Account
Beyond the initial deposit, USAA's basic savings account comes with several features designed to enhance your banking experience:
- No Monthly Fees: The account does not charge any recurring monthly maintenance fees, which can help you save more of your money.
- Fraud Protection: Enjoy peace of mind with robust fraud protection measures designed to safeguard your funds.
- Mobile Check Deposit: Conveniently deposit checks using your mobile device, saving you a trip to a physical branch or ATM.
These features, combined with a manageable initial deposit, make opening a USAA savings account accessible while offering practical benefits for everyday financial management.
