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  Silicon Valley Bank Private Savings Account
Silicon Valley Bank Private Savings Account
in Savings Accounts from Silicon Valley Bank · Member FDIC
Unaffiliated

Silicon Valley Bank Private Savings Account

Unaffiliated
in Savings Accounts from Silicon Valley Bank · Member FDIC
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Highlights
Monthly Fee N/A
APY (Annual Percentage Yield) N/A
Minimum Balance to Earn APY N/A

Silicon Valley Bank Private Savings Account Review

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

Key Takeaways

Silicon Valley Bank savings account Pros & Cons

Pros Cons
  • Available in all 50 states.
  • Access to physical branches.
  • No signup bonus.
  • Does not earn interest.
  • Does not offer mobile check deposits.
  • Does not provide access to a nationwide ATM network.
  • Does not come with a debit card

Silicon Valley Bank savings account FAQ

Are savings accounts from Silicon Valley Bank federally insured?

Yes, your Silicon Valley Bank savings 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.

Does Silicon Valley Bank offer a signup bonus?

Silicon Valley Bank savings account doesn't offer a signup bonus.

What is the minimum initial deposit for Silicon Valley Bank savings account?

Silicon Valley Bank Private Savings Account Minimums
Description

What APY does Silicon Valley Bank offer?

Silicon Valley Bank savings account is not an interest-bearing account.

What fees does Silicon Valley Bank savings account charge?

Silicon Valley Bank savings account does not charge a monthly service fee. See the fee breakdown section below to view all fees.

What features and perks does Silicon Valley Bank savings account offer?

This savings account includes the following features:

  • Fraud monitoring - Silicon Valley Bank savings account monitors transactions for potentially fraudulent activity, such as when a debit card is unexpectedly used in a different location, or you make a sudden string of costly purchases.

Can you set up a direct deposit to Silicon Valley Bank savings account?

In most cases, the answer is yes. However, it depends on the direct deposit program your employer uses. Most direct deposit programs allow you to send your paycheck to a savings or checking account. In some cases, you can even split your paycheck between the two.

What is the customer support email for Silicon Valley Bank savings account?

The customer support email for Silicon Valley Bank savings account is clientsupport@svb.com.

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Contact

Other Services by Silicon Valley Bank

Availability

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

Feature Breakdown

Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Bauer Financial A+/A Rating
Account Features
  • Interest Bearing Account
  • Fraud Monitoring
  • Automatic Transfers
  • Bauer Financial A+/A Rating
  • Branch Access

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