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USAA Federal Savings Bank

FDIC-Insured - Backed by the full faith and credit of the U.S. Government

USAA Performance First® Savings

Boost your savings with a $200 cash bonus see note 1

Apply now Not a member? Join USAA.

Save big, earn big with a USAA Performance First® Savings account

You can enjoy higher interest rates based on the amount you deposit and maintain.

The more you save, the more you'll earn on interest.

How to claim your $200 cash bonus

1
Apply for a new USAA Performance First® Savings account between 1/15/2025 and 4/24/2025 before 11:59 p.m. Central Time.
2
Deposit at least $15,000 in new money see note 1 within 30 days of opening your account.
3
Maintain the $15,000 daily ledger balance in the account for 90 additional days from the 30th day after account opening.
Apply now

Build your savings with these additional benefits

  • No hidden or monthly service fees

    Save even more by avoiding hidden costs and monthly service fees.

  • Free Savings Tools

    It's easy to speed up your savings with our free savings tools see note 2 when you also have a checking account with us.

Plus, enjoy the security and service you deserve

24/7 fraud monitoring

We will automatically send alerts for suspicious activity on your account. see note 3

Always-on service

Representatives are only a call away during business hours, or chat now with our virtual assistant in the app.

Industry-leading app

Make life easier by accessing your accounts, transferring money and depositing checks, all in one place.

Reach your savings goals sooner

Take advantage of this limited-time $200 offer by applying for and opening a new USAA Performance First® Savings account with qualifying activities. Limitations apply. Offer ends 11:59 p.m. Central Time 4/24/2025.

Apply now

Frequently asked questions

An eligible account is a USAA Performance First® Savings account applied for between 1/15/2025 and 4/24/2025 before 11:59 p.m. Central Time.

You will receive the $200 bonus in your new Performance First® Savings account within 60 days after the end of the 120-day promotion period if all qualifying activities were completed.

You must deposit at least $15,000 within 30 calendar days of account opening from a non-USAA Bank account. Qualifying new money deposits can be made in one or more transactions into your new savings account from outside of USAA Bank. Electronic deposits or transfers received from any other USAA Bank account, product or 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. See the USAA Federal Savings Bank Depository Agreement and Disclosures for details.

Yes. If your initial deposit is from a non-USAA Bank account, it can be applied toward the $15,000 non-USAA Bank account qualifying deposit requirement.

Certain deposit transactions initiated through your USAA login may be subject to limits. If your new USAA Performance First® Savings account is subject to these limits, you may need to initiate deposits from your non-USAA Bank accounts or use our Deposits@Mobile® tool see note 4 to deposit checks to fund your new account and meet the bonus offer new money deposit requirement. You can call us if you have questions about your new account's external funds transfer limits.

1 Savings Cash Promotion 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 January 15, 2025, and April 24, 2025, by 11:59 p.m. Central Time. The account is not eligible for this offer if it is titled as a trust account, estate account, Uniform Transfers to Minors Act account, or any other representative or fiduciary account. The account must remain open and in good standing through the time we attempt to deposit any earned bonus payment.
Bonus Requirements and Payment:
To qualify for the bonus:
(1) Apply for a new USAA Performance First Savings account between January 15, 2025, and April 24, 2025, by 11:59 p.m. Central Time.
(2) Once your account is opened, receive qualifying new money deposits of at least $15,000 into the account by the end of the Initial Funding Period, which is 30 calendar days after account opening. 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 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) Maintain a minimum daily ledger balance of at least $15,000 for the duration of the Qualification Period, which is a period of 90 calendar days after the Initial Funding Period. The total promotion period is 120 days from your account open date. If the account's ledger balance drops below the $15,000 minimum daily ledger balance on any day during the 90-calendar day Qualification Period, the account will not qualify to receive the cash bonus. The ledger balance in the account is determined each business day at the completion of our end-of-day processing.
We will attempt to deposit the $200 bonus into your qualifying new USAA Performance First Savings account within 60 calendar days after the end of the Qualification Period. You are responsible for any federal, state, or local taxes due on the bonus and we will report the bonus 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 bonus related to consumer savings accounts. Offer is limited to one bonus per member, one bonus 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 To take full advantage of Savings Tools, you need to have a USAA Federal Savings Bank checking and savings account.

3 Message and data rates may apply.

4 Eligibility for USAA Deposit@MobileSee note® will be based on your account history with USAA Federal Savings Bank. Deposits may not be available for immediate withdrawal. USAA's Deposit@MobileSee note® and related Deposit@HomeSee note® 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.

Use of the term "member" or "membership" refers to membership in USAA Membership Services and does not convey any legal or ownership rights in USAA. Restrictions apply and are subject to change.

"USAA Bank" means USAA Federal Savings Bank.

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

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