USAA Savings Rates: 2025
Updated
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USAA is a banking and insurance company with services available to military members and their families. While it's known for excellent customer service, USAA savings rates fall short of what other banks offer.
USAA Bank has three savings accounts available: Two for adults and one for children. USAA Savings and USAA Youth Savings have extremely low APYs that are well below the national average. USAA Performance First® Savings earns more, but its rates are still subpar considering the deposit requirements to earn them.
Note that the USAA Performance First® Savings has tiered rates based on your daily collected balance.
| Account | APY | Minimum Deposit |
|---|---|---|
| USAA Savings | 0.01% | $25 |
| USAA Performance First® Savings | up to 1.10% | $10,000 |
| USAA Youth Savings | 0.01% | $25 |
Make sure you're getting the best account for you by comparing savings rates and promotions. Here are some of our favorite high-yield savings accounts to consider.
| Account | APY | Promotion | Next Steps |
|---|---|---|---|
Open Account for SoFi Checking and Savings
On SoFi's Secure Website.
Rating image, 4.50 out of 5 stars.
4.50/5
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up to 3.80%
Rate info
SoFi members who enroll in SoFi Plus with Eligible Direct Deposit or by paying the SoFi Plus Subscription Fee every 30 days or SoFi members with $5,000 or more in Qualifying Deposits during the 30-Day Evaluation Period can earn 3.80% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances. There is no minimum Eligible Direct Deposit amount required to qualify for the stated interest rate. Members without either SoFi Plus or Qualifying Deposits, during the 30-Day Evaluation Period will earn 1.00% APY on savings balances (including Vaults) and 0.50% APY on checking balances. Interest rates are variable and subject to change at any time. These rates are current as of 1/24/25. There is no minimum balance requirement. If you have satisfied Eligible Direct Deposit requirements for our highest APY but do not see 3.80% APY on your APY Details page the day after your Eligible Direct Deposit arrives, please contact us at 855-456-7634. Additional information can be found at http://www.sofi.com/legal/banking-rate-sheet. See the SoFi Plus Terms and Conditions at https://www.sofi.com/terms-of-use/#plus.
Min. to earn: $0
|
New customers can earn up to a $300 bonus with qualifying direct deposits!
|
Open Account for SoFi Checking and Savings
On SoFi's Secure Website. |
Open Account for Capital One 360 Performance Savings
On Capital One's Secure Website.
Rating image, 4.50 out of 5 stars.
4.50/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair = Poor |
3.60%
Rate info
See Capital One website for most up-to-date rates. Advertised Annual Percentage Yield (APY) is variable and accurate as of April 8, 2025. Rates are subject to change at any time before or after account opening.
Min. to earn: $0
|
N/A
|
Open Account for Capital One 360 Performance Savings
On Capital One's Secure Website. |
Open Account for Barclays Tiered Savings
On Barclays' Secure Website.
Rating image, 5.00 out of 5 stars.
5.00/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair = Poor |
4.00%
Rate info
Balances less than $250,000 earn 4.00%, and balances greater than $250,000 earn 4.20%.
Min. to earn: $0
|
N/A
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Open Account for Barclays Tiered Savings
On Barclays' Secure Website. |
Here are more details on USAA savings accounts, including fees, deposit requirements, and withdrawal limits.
None of the USAA savings accounts charge a monthly fee. You don't need to pay anything to keep your account open.
USAA Savings and USAA Youth Savings accounts have a minimum deposit of $25, which isn't bad, although there are plenty of online savings accounts with $0 minimums.
USAA Performance First® Savings has a $10,000 minimum deposit. That's extremely high considering its interest rate -- other savings accounts earn much more and come with lower deposit requirements.
USAA's savings accounts don't have a minimum daily balance, which is always a nice perk from a bank account. You need to meet the minimum deposit requirements for the account you choose, but after that, you're not required to keep a minimum balance in your account.
Note that your USAA bank account could be closed if it has a $0 balance and no activity for 75 business days.
USAA has an ATM withdrawal limit of $600 and allows up to 20 withdrawals every 24 hours. This is on the low side compared to other banks, but you can request a temporary increase if you need to withdraw a larger amount.
Interest on USAA bank accounts is compounded and credited on a monthly basis. It's one of many banks that uses a monthly compounding schedule.
USAA savings account interest rates are much lower than what you could get from high-yield savings accounts. You're better off looking elsewhere so you can earn more interest on your money.
Many people are missing out on guaranteed returns as their money languishes in a big bank savings account earning next to no interest. Motley Fool Money's top savings account picks can earn you more than 10x the national average savings account rate.
At Motley Fool Money, we rate savings accounts on a five-star scale (1 = poor, 5 = best). We evaluate all savings accounts across four main criteria: annual percentage yield (APY), brand and reputation, fees and minimum requirements, and perks that really make a difference -- think ATM access, linked checking accounts, or even branch access.
Our scores are weighted as:
Learn more about how Motley Fool Money rates bank accounts.
USAA doesn't have good savings rates. USAA savings account rates aren't just significantly less than what high-yield savings accounts earn, they're well below the national average.
USAA doesn't offer a high-yield savings account. The USAA Performance First® Savings account has an above-average APY for clients with balances of $50,000 or more, but even those rates are much lower than what high-yield savings accounts earn.
Here's how to open a USAA savings account:
We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Motley Fool Money does not cover all offers on the market. Motley Fool Money is 100% owned and operated by The Motley Fool. Our knowledgeable team of personal finance editors and analysts are employed by The Motley Fool and held to the same set of publishing standards and editorial integrity while maintaining professional separation from the analysts and editors on other Motley Fool brands. Terms may apply to offers listed on this page. APYs are subject to change at any time without notice.
