Author Topic: USAA Bank Master Thread  (Read 2558 times)

Offline shulem92

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USAA Bank Master Thread
« on: October 30, 2016, 10:58:44 AM »
PSA: USAA's policy for their banking, used to be that as long as you have money in your account (even 1) they can't shut it down, even if there was no activity. I noticed in a recent statement that they have made some changes.
They now consider an account inactive if there is no activity for a year. Even if you have money in the account. So if anyone still wants to keep their accounts open, make sure to be active at least once a year.

Offline shulem92

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Re: USAA Bank Master Thread
« Reply #1 on: October 30, 2016, 10:59:43 AM »
Now I'm trying to figure out how to charge my debit card for 1, as I still have 5 in there

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Re: USAA Bank Master Thread
« Reply #2 on: October 30, 2016, 11:06:36 AM »
Now I'm trying to figure out how to charge my debit card for 1, as I still have 5 in there
Buy something at a store and do a split payment.
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Offline shulem92

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Re: USAA Bank Master Thread
« Reply #3 on: October 30, 2016, 11:07:39 AM »
Buy something at a store and do a split payment.
Thanx

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Re: USAA Bank Master Thread
« Reply #4 on: October 30, 2016, 11:10:06 AM »
Thanx
You'll probably getting a weird look from the cashier when you  ask to put a penny on a different card
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Re: USAA Bank Master Thread
« Reply #5 on: October 30, 2016, 11:11:23 AM »
Same goes for credit card?
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Offline shulem92

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Re: USAA Bank Master Thread
« Reply #6 on: October 30, 2016, 11:22:18 AM »
Same goes for credit card?
I don't know. I got a letter in regard to USAA Federal Savings Bank

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Re: USAA Bank Master Thread
« Reply #7 on: October 30, 2016, 11:27:00 AM »
Same goes for credit card?
I doubt it
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Offline Yammer

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Re: USAA Bank Master Thread
« Reply #8 on: October 30, 2016, 12:11:33 PM »
PSA: USAA's policy for their banking, used to be that as long as you have money in your account (even 1) they can't shut it down, even if there was no activity. I noticed in a recent statement that they have made some changes.
They now consider an account inactive if there is no activity for a year. Even if you have money in the account. So if anyone still wants to keep their accounts open, make sure to be active at least once a year.
I have a checking account linked to a savings account that gets interest ( on $20...).

I wonder if it applies to it?

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Re: USAA Bank Master Thread
« Reply #9 on: October 30, 2016, 02:51:00 PM »
I don't know about inactivity fees with USAA bank. I've found USAA bank to be one of the best kept secrets, no fees, no minimums, ATM fee rebate, useful as ACH hub (in and out of other accounts), excellent funds availability on remote deposit and ACH transfer ins initiated from USAA.

I think the only bank that beats them might be Schwab, which also refunds foreign ATM fees last time I checked and also has more of a local footprint, but is a bit of a PITA as you are opening a brokerage account along with it, even if you don't use the brokerage account.
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Re: USAA Bank Master Thread
« Reply #10 on: October 30, 2016, 03:43:07 PM »
I don't know about inactivity fees with USAA bank. I've found USAA bank to be one of the best kept secrets, no fees, no minimums, ATM fee rebate, useful as ACH hub (in and out of other accounts), excellent funds availability on remote deposit and ACH transfer ins initiated from USAA.

I think the only bank that beats them might be Schwab, which also refunds foreign ATM fees last time I checked and also has more of a local footprint, but is a bit of a PITA as you are opening a brokerage account along with it, even if you don't use the brokerage account.
That's great but most people can't open one now.
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Re: USAA Bank Master Thread
« Reply #11 on: October 30, 2016, 03:49:18 PM »
That's great but most people can't open one now.
It's probably easier that CPC to get in. I opened mine when they allowed non USAA members to open accounts. I can now open joint accounts with others, and then they can open their own, etc. etc.

The funny thing is that when I opened it they didn't allow non USAA members to do remote deposit, but at some point that changed and I'm able to deposit quite a high daily limit with immediate availability.
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Re: USAA Bank Master Thread
« Reply #12 on: October 30, 2016, 04:26:44 PM »
I don't know about inactivity fees with USAA bank. I've found USAA bank to be one of the best kept secrets, no fees, no minimums, ATM fee rebate, useful as ACH hub (in and out of other accounts), excellent funds availability on remote deposit and ACH transfer ins initiated from USAA.

I think the only bank that beats them might be Schwab, which also refunds foreign ATM fees last time I checked and also has more of a local footprint, but is a bit of a PITA as you are opening a brokerage account along with it, even if you don't use the brokerage account.
You say I can transfer from/to accounts at different institutions free of charge?
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Re: USAA Bank Master Thread
« Reply #13 on: October 30, 2016, 04:56:00 PM »
It's probably easier that CPC to get in. I opened mine when they allowed non USAA members to open accounts. I can now open joint accounts with others, and then they can open their own, etc. etc.

The funny thing is that when I opened it they didn't allow non USAA members to do remote deposit, but at some point that changed and I'm able to deposit quite a high daily limit with immediate availability.
I can't make mobile deposits.

Deposit@Mobile is unavailable to you due to one or more of the following reasons:You do not have eligible Bank or IMCO accounts

I have both a checking and savings account...not sure why...

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Re: USAA Bank Master Thread
« Reply #14 on: October 30, 2016, 05:09:55 PM »
You say I can transfer from/to accounts at different institutions free of charge?
Yes.
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan