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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

3.00% APY in 3 easy steps

Steps to complete 3.00% APY in 3 easy steps

  1. Apply

    Open your first USAA Performance First® Savings account. Apply between Aug. 11, 2026, and Nov. 17, 2026. Limitations apply. Offer only available on your first eligible account.‍ ‍

  2. Deposit

    Deposit at least $25,000 in new money within 30 days of opening your account.‍ ‍

  3. Save

    Grow your savings with 3.00% annual percentage yield, or APY, for 6 months. The rate shown is current as of Aug. 11, 2026, and is subject to change.

Apply now

Not a member? Join USAA

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Choose an account that’s right for you.

USAA Performance First® Savings

With a $1,000 minimum opening deposit, you can enjoy higher interest rates based on your balance. Plus, earn more by enrolling in the Relationship Rates Program.

Apply now for a USAA Performance First Savings account

Not a member? Join USAA

USAA Savings

An initial deposit of $25 or more gets you started on your savings journey.

Apply now for a USAA Savings account

Not a member? Join USAA

View our rates

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noSkeletonLoader

card-pack-authored-content-1

Choose an account that’s right for you.

USAA Performance First® Savings

With a $1,000 minimum opening deposit, you can enjoy higher interest rates based on your balance. Plus, earn more by enrolling in the Relationship Rates Program.

Apply now for a USAA Performance First Savings account

USAA Savings

An initial deposit of $25 or more gets you started on your savings journey.

Apply now for a USAA Savings account

View our rates

Boost your savings with our Relationship Rates Program.

You could qualify for higher rates if you enroll your USAA Performance First® Savings account.

Learn more about the Relationship Rates Program.

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 additional 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 ‍ . 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.‍ ‍

Fraud monitoring

Get automatic alerts 24/7 for any unusual activity on your account.‍ ‍

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. You can request an ATM card that lets you withdraw cash from your savings account. You just can't use the card for in-store or online purchases.

Yes. You can request a debit card to use for purchases from your checking account. You can also use it to withdraw cash from your checking or linked savings account.

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Read article: How does interest work on a savings account?

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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. Savings Promotional Rate Offer Terms and Conditions

    Eligibility:

    Offer available for new USAA Performance First Savings accounts from USAA Federal Savings Bank, also known as USAA Bank, applied for between August 11, 2026, and November 17,2026, by 11:59 p.m. Central Time. The account is not eligible for this offer if: 1) the primary account holder currently has, or has had primary, secondary, or any other ownership of a USAA Savings or USAA Performance First Savings account, within the six months prior to account opening; or 2) it is titled as a trust account, estate account, Uniform Transfers to Minors Act account, or any other representative or fiduciary account. The primary account holder is the account holder whose U.S. taxpayer identification number is used for tax reporting purposes on the new account.

    Promotional Rate Qualification:

    To qualify for the promotional rate:

    1. Apply as a primary account holder for a new USAA Performance First Savings account between August 11, 2026, and November 17, 2026, by 11:59 p.m. Central Time.
    2. Within 30 calendar days after account opening, receive qualifying new money deposits totaling at least $25,000. Note that your account open date may not be the same as your application date. New money deposits are deposits that are new to USAA Bank, deposited directly into your new savings account from outside of USAA Bank. Electronic deposits or transfers received from any other USAA Bank account or product or from a USAA Bank credit card do not qualify. Interest earned on your account and any fee rebates or waivers credited to your account do not qualify. Deposit cutoff times apply. Deposits may be subject to limits. Depending on your limits, you may need to initiate multiple deposits or initiate deposits from your non-USAA Bank accounts. See the Depository Agreement and Disclosures for details.
    3. Within three business days of your final qualifying new money deposit, USAA Bank will apply the promotional rate to the account. Business days are Monday through Friday, excluding federal holidays. The promotional rate is an annual percentage yield (or APY) of 3% as of §, and is subject to change. Fees may reduce earnings. Your account will earn the promotional rate for 6 months. The account must remain open to remain eligible for the promotional rate during that period. At the expiration of the promotional rate, the rate will be set to the applicable APY for your account. For current rates, visit USAA.com/savings. You are responsible for any federal, state, or local taxes due on the interest and we will report the interest as income to the tax authorities if required by applicable law. Consult your tax advisor.

    Additional Terms and Conditions:

    All account applications are subject to approval prior to account opening and may be subject to a $1,000 minimum opening deposit. Offer can’t be paid without a valid U.S. taxpayer identification number or combined with any other offer related to consumer savings accounts. Offer is limited to one promotional rate per member, one promotional rate per account, on first eligible account only. Offer cannot be reproduced, purchased, sold, transferred or traded. See the Depository Agreement and Disclosures for terms and conditions of your USAA Performance First Savings account. Offer may be discontinued or changed at any time without notice.

  2. 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.

  3. 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.

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

  3. Visa is a registered trademark of Visa International Service Association and used 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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