How to Deposit in a USAA Account

How to Deposit in a USAA Account
Image Credit: dobok/iStock/GettyImages

USAA provides a broad range of financial services and products and offers military members and families many desirable perks. Members interested in opening checking accounts with this organization will want to know about USAA ATM fees, how to deposit money, money orders, cashier's checks and other things. USAA checking accounts aren't all that different from ones at other banks and can provide money-saving benefits that make them a better choice.

Advertisement

Using a USAA Checking Account

The experts at the USAA explain that membership in the organization is required if you want to open a USAA checking account, but checking accounts are only offered to members of the military. USAA does offer auto, home, life insurance and rental discounts to other people, but you'll have to go to the website to see if you qualify. Their classic checking account can be opened with just ​$25​ and has no monthly service fees. It has access to more than ​60,000​ ATMs and reimburses up to ​$15​ per year for out-of-network fees.

Advertisement

Video of the Day

USAA checking has a mobile app that you can use and works in conjunction with the Zelle payment transfer app. If you need to figure out how to deposit cash with USAA, it's a straightforward process. You can go to one of their ATMs; the experts at the USAA provide an interactive map of where these ATMs are. You will need to bring your USAA ATM/debit card with you, and you won't need to use an envelope. Otherwise, the only way to deposit cash with USAA is at one of their branches because you won't want to send money through the mail.

Advertisement

Consider also:How to Look Up a USAA Insurance Policy

How to Add Money to USAA Checking Accounts

There are other ways for learning how to deposit money with USAA bank, too. If you have a cashier's check or any other kind of check or money order, you can also use USAA ATMs that accept these. An easier option is to use their mobile app; their mobile deposit feature makes the process simple. All you have to do is snap a photo of both sides of the check. Then, you enter the information about the amount and your account, and after you click "deposit," you'll get a confirmation.

Advertisement

To mail in checks for deposit, order free deposit slips and postage-paid envelopes from the experts at Harland Clarke; complete the form and follow the instructions. Using Zelle to add money to a USAA checking account is also possible. You will need to provide the sender with your user name; be sure never to share this information with anyone you don't know or trust.

Advertisement

Consider also:How to Find My USAA Reward Points

Withdrawing Funds From USAA Checking Accounts

Like any other checking account, USAA has to charge specific fees and impose some limits for account holders. According to the writers at Finder, the first ​10​ withdrawals within ​one​ month are free, and subsequent ones will cost ​$2​ apiece. It's also important to know that you can't withdraw more than ​$600​ a day through ATMs, ​$1,000​ a day in debit card cash advances and ​$3,000​ a day for signature-based purchases on the debit card.

Advertisement

The easiest way to withdraw money is to visit an ATM that accepts USAA cards unless you want to head over to one of their branch locations. They're not as big as other banks, so you may have to drive farther to get there. If you need to make a large USAA cash withdrawal, call their customer service at ​800-531-2265​ to see what the options are.

Advertisement

If you need to get a cash advance, you can also do this through a USAA ATM or branch. Remember that convenience checks, money orders, traveler's checks and gaming chips are all considered cash advances and are subject to fees. All banks charge these, but USAA's fees are relatively low, at ​3 percent​ of the amount plus a variable APR that ranges from ​8.4 to 25.4 percent​. If you don't pay back this debt after ​30​ days, you'll be subject to interest charges.

Consider also:How to Verify External Accounts on USAA

Advertisement

references