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  Silicon Valley Bank Checking Account

Silicon Valley Bank Checking Account

in Checking Accounts from Silicon Valley Bank · Member FDIC

Unaffiliated

Silicon Valley Bank Checking Account

Unaffiliated

in Checking Accounts from Silicon Valley Bank · Member FDIC

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Highlights
Highlights
Monthly Fee $0 - $32
ATM Fee: Out-of-Network $0
Minimum Balance to Avoid Monthly Fee N/A
APY (Annual Percentage Yield) 0%

Silicon Valley Bank Checking Account Review

Silicon Valley Bank Checking Account is offered by Silicon Valley Bank, a bank founded in 1983 and based in Santa Clara, CA. Silicon Valley Bank Checking Account is available in 50 states (and Washington, DC).

Key Takeaways
  • 0% APY. As with most checking accounts, Silicon Valley Bank Checking Account does not pay interest.
  • Charges a monthly fee. This account charges a monthly maintenance fee of up to $32.
  • No ATM fees. Silicon Valley Bank Checking Account does not charge fees on ATM transactions.
  • Hard credit pull. Silicon Valley Bank may require a hard pull on your credit report to open a checking account.
Silicon Valley Bank Checking Account Pros & Cons
Pros Cons
  • Available in all 50 states.
  • Free debit card
  • No charge on incoming domestic or international wire transfers.
  • No signup bonus.
  • Does not earn interest
  • Not FDIC-insured.
  • Monthly service charge.
Silicon Valley Bank Checking Account FAQ

Are checking accounts from Silicon Valley Bank federally insured?

Yes, your Silicon Valley Bank checking accounts are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.

What APY does Silicon Valley Bank Checking Account offer?

Silicon Valley Bank Checking Account is not an interest-bearing account.

What are the account minimums for Silicon Valley Bank Checking Account?

Silicon Valley Bank Checking Account does not require a minimum initial deposit.

Silicon Valley Bank Checking Account Account Minimums
Description Amount
Minimum Initial Deposit $0

What fees does Silicon Valley Bank Checking Account charge?

This account charges a monthly maintenance fee of up to $32.

Silicon Valley Bank Checking Account Fees
Description
Monthly Fee $0 - $32
Paper Statement Fee $15
ATM Fee: In-Network $0
ATM Fee: Out-of-Network $0
NSF Fee $30
Overdraft Protection Fee (per transfer) $30
Overdraft Item Fee $30
Early Account Closure $0
Returned Deposit Fee (Domestic) $15
Debit Card Replacement Fee $0
Bank Teller Fee N/A
Check Cashing Fee N/A
Online Bill Pay Fee $0
Stop Payment Fee $20
Check Image Service N/A
Check Copy N/A
Foreign Transaction Fee (Debit Card) 2%
Wire Transfer Fee - Domestic (Outgoing) $12
Wire Transfer Fee - International (Outgoing) $25
Wire Transfer Fee - International (Incoming) $0
Returned Deposit Fee (International) $30
Wire Transfer Fee - Domestic (Incoming) $0

What features and perks does Silicon Valley Bank Checking Account offer?

This account includes the following features:

  • Mobile Banking Services - Silicon Valley Bank Checking Account allows you to manage your money online. This includes depositing checks in your account with your smartphone.
  • Nationwide ATM network - Conveniently transact at a nearby ATM.
SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Contact

  • Headquarters
  •   3003 Tasman Drive
    Santa Clara, CA 95054 USA
  •   Visit Site

Other Services by Silicon Valley Bank

Availability

  Available in 50 states and Washington, D.C.
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Washington, DC
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming

Feature Breakdown

ATM Fee: In-Network $0
Debit Card Replacement Fee $0
Early Account Closure $0
Online Bill Pay Fee $0
Wire Transfer Fee - Domestic (Incoming) $0
Wire Transfer Fee - International (Incoming) $0
ATM Fee: Out-of-Network $0
Foreign Transaction Fee (Debit Card) 2%
Monthly Fee $0 - $32
NSF Fee $30
Overdraft Item Fee $30
Overdraft Protection Fee (per transfer) $30
Paper Statement Fee $15
Returned Deposit Fee (Domestic) $15
Returned Deposit Fee (International) $30
Stop Payment Fee $20
Wire Transfer Fee - Domestic (Outgoing) $12
Wire Transfer Fee - International (Outgoing) $25
Bank Account Features
  • No ATM Fees
  • Bauer Financial A+/A Rating
  • Debit Card
  • Mobile Banking
  • Nationwide ATM Network
  • Mobile Check Deposit

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