
USAA Youth Spending Account
Would you recommend USAA Youth Spending Account to your friends?
Community Rating |
Rating not yet determined |
Cashback Rewards | N/A |
APY (Annual Percentage Yield) |
0.01% (Verified 08/04/2023) |
Monthly Maintenance Fee |
$0 (Verified 08/04/2023) |
Minimum Balance to Avoid Monthly Fee | Starting at $0 |
USAA Youth Spending Account Review
USAA Youth Spending Account is offered by USAA, a financial services company founded in 1922 and based in San Antonio, TX. USAA Youth checking account is available in 50 states (and Washington, DC).
Key Takeaways
- Low APY. The maximum annual percentage yield for this account is only 0.01%.
- $0 monthly fee. This account does not charge any monthly account fees.
- No ATM fees. USAA Youth Spending Account does not charge fees on ATM transactions within its network but there is a fee of up to $2 for out-of-network ATM transactions.
- Up to $15 in ATM fee rebates. This account will reimburse you for ATM fees (see terms and conditions for details).
- Bill pay. Pay your bills to practically anyone in the United States when you enroll in USAA mobile or online banking.
USAA Youth checking account Pros & Cons
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USAA Youth checking account FAQ
Are checking accounts from USAA federally insured?
Yes, your deposits are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC #34351). 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 USAA Youth checking account offer?
Description | |
---|---|
APY (Annual Percentage Yield) | 0.01% |
USAA Youth checking account offers an APY of 0.01% (APY stands for annual percentage yield, rates may change). However, to earn interest account holders must keep an average beginning day balance of $1000.
What are the account minimums for USAA Youth checking account?
USAA Youth checking account requires a minimum initial deposit of $25 to open an account.
Description | |
---|---|
Minimum Opening Deposit | Starting at $25 |
Minimum Balance to Avoid Monthly Fee | Starting at $0 |
Minimum Combined Balance to Avoid Monthly Fee | $0 |
Minimum Balance to Earn APY | $1,000 |
What fees does USAA Youth checking account charge?
The good news is that this account does not have a monthly Service Charge.
Description | |
---|---|
Monthly Maintenance Fee | $0 |
ATM Fee: In-Network | $0 |
ATM Fee: Out-of-Network | Starting at $2 |
ATM Reimbursement Monthly Limit | $15 |
Foreign Transaction Fee (Debit Card) | 1% |
NSF Fee | $29 |
Overdraft Item Fee | $29 |
Returned Deposit Fee (Domestic) | $5 |
Returned Deposit Fee (International) | $5 |
Stop Payment Fee | $29 |
Wire Transfer Fee - Domestic (Incoming) | $0 |
Wire Transfer Fee - Domestic (Outgoing) | $20 |
Wire Transfer Fee - International (Incoming) | $0 |
Wire Transfer Fee - International (Outgoing) | $20 |
Paper Statement Fee | $10 |
Online Bill Pay Fee | $0 |
Debit Card Replacement Fee (Standard Delivery) | $0 |
Early Account Closure | $0 |
Does USAA Youth checking account charge overdraft fees?
Yes, USAA Youth checking account charges a $29 fee for every overdraft.What features and perks does USAA Youth checking account offer?
This account includes the following features:
- ATM rebates - This account will reimburse you for any domestic ATM fees up to a monthly maximum of $15.
- Fraud monitoring - USAA Youth checking account monitors transactions for potentially unauthorized activity, such as when a debit card is unexpectedly used in a different location or you make a sudden string of costly purchases.
- Online Bill Pay - Online Bill Pay allows you to pay bills easily from your account.
- Mobile Banking Services - USAA Youth 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 USAA Youth checking account?
The customer support email for USAA Youth checking account is info@usaa.com.
Message From USAA Youth checking account
Contact
- Headquarters
-
9800 Fredericksburg Road
San Antonio, TX 78288 USA - (210) 531-8722
- Visit Site
- Email Support
Other Services by USAA
Other Checking Accounts by USAA
Availability
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- 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
- Washington, DC
- West Virginia
- Wisconsin
- Wyoming
Feature Breakdown
Minimum Opening Deposit | Starting at $25 |
Minimum Balance to Avoid Monthly Fee | Starting at $0 |
Minimum Combined Balance to Avoid Monthly Fee | $0 |
Minimum Balance to Earn APY | $1,000 |
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