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  Silicon Valley Bank Checking Account

Silicon Valley Bank Checking Account

in Checking Accounts from Silicon Valley Bank · fdic

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Silicon Valley Bank Checking Account

Unaffiliated

in Checking Accounts from Silicon Valley Bank · Member FDIC

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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 service fee of up to $32.
  • No minimum initial deposit. There is no minimum balance required to open an account.
  • No ATM fees. Silicon Valley Bank Checking Account does not charge fees on ATM transactions.
SVB checking account Pros & Cons
Pros Cons
  • Available in all 50 states.
  • Free debit card
  • No charge on incoming domestic or international wire transfers.
  • Does not earn interest
  • Monthly service charge.
SVB 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 SVB checking account offer?

SVB checking account is not an interest-bearing account.

What are the account minimums for SVB checking account?

SVB checking account does not require a minimum initial deposit.

Silicon Valley Bank Checking Account Minimums
Description
Minimum Opening Deposit Starting at $0

What fees does SVB checking account charge?

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

Silicon Valley Bank Checking Account Fees
Description
ATM Fee: In-Network $0
Debit Card Replacement Fee $0
Early Account Closure $0
Foreign Transaction Fee (Debit Card) 2%
Monthly Fee $0 - $32
NSF Fee $30
Online Bill Pay Fee $0
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 (Incoming) $0
Wire Transfer Fee - Domestic (Outgoing) $12
Wire Transfer Fee - International (Incoming) $0
Wire Transfer Fee - International (Outgoing) $25
ATM Fee: Out-of-Network $0

Does SVB checking account charge overdraft fees?

Yes, SVB checking account charges a $30 fee for every overdraft.

SVB checking account offers overdraft protection at a cost of $30 per transaction.

What features and perks does SVB checking account offer?

This account includes the following features:

  • Mobile Banking Services - SVB checking account allows you to manage your money online or with a mobile app. This includes depositing checks in your account with a mobile app on your smartphone.
  • Nationwide ATM network - Conveniently transact at a nearby ATM.

What is the customer support email for SVB checking account?

The customer support email for SVB checking account is clientsupport@svb.com.

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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.

Message From Silicon Valley Bank Checking Account

Big ideas don’t fit in a one-size-fits-all package. Founders need flexibility. SVB banking services are designed to help clients as they turn big ideas into thriving businesses. You’re busy building a company. We’ve got services designed to help you accomplish more as you work to grow your business.

What’s included with our business checking solutions. Make an unlimited number of deposits or withdrawals and there are no minimum balance requirements. Get real-time account information 24/7 and tools for tracking cash flow and transactions to help you manage your bottom line. Go cash-free, get global travel and business benefits and gain zero liability protection against fraudulent transactions.

 

Contact

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
Account Features
  • Bauer Financial A+/A Rating
  • Debit Card
  • Mobile Banking
  • Mobile Check Deposit
  • Nationwide ATM Network
  • No ATM Fees

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