USAA $200 Savings Bonus

Update 5/9/25: Deal is back until 9/3/25.

Offer at a glance

  • Maximum bonus amount: $200
  • Availability: Nationwide but restricted membership
  • Direct deposit required: Yes, $100+
  • Additional requirements: No
  • Hard/soft pull: Unknown
  • ChexSystems: Unknown
  • Credit card funding: Can fund up to $100 with a credit card
  • Monthly fees: None
  • Early account termination fee: None
  • Household limit: None listed
  • Expiration date: 4/24/2025

The Offer

Direct link to offer

  • USAA is offering a $200 bonus when you open a new savings account, deposit $15,000 and maintain that for 90 days

The Fine Print

  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

This account has no monthly fee

Early Account Termination Fee

There is no EATF.

Our Verdict

This account earns 0.05%. Having to tie up $15,000 for 90 days makes this bonus work out to be ~5% APY and not really worth doing based on other basic savings rates.

Hat tip to reader RJ

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    William Charles
  • On May 9, 2025, 18:45
Tags: nationwide bank bonuses

View Comments (13)

  • 13 week t-bills earning around 4.3% and not subject to state income tax, this is not really worth it.

    Much better off doing the Chase $900 offer or the $750 biz offer if targeted. Live Oak also has a savings offer with a good interest rate.

  • Not eligible for USAA products, but still have a login with them because USAA perks is open to everyone and it has some good discounts

  • USAA’s savings and checking interest rates aren’t even close to being competitive (and haven’t been competitive since… it’s been so long that I cannot even remember when). Maybe USAA is hoping that the new banking customers will stick around by grabbing an insurance product or two. Otherwise I don’t see how USAA will keep any new banking customers after the 90 days is done.

    USAA is where I have my longest banking/credit/insurance relationships (and brokerage before USAA sold that off). So I’m still around mostly out of habit, lol. If I wasn’t already a USAA member for decades, I’m not sure why I would signup (and stay after 90-days) today.

    • Their "banking" side is definitely not competitive, generally speaking. I checked their mortgage rates every time I bought a house and they weren't even in the ballpark. I think my only other current issue with their banking is their relatively low external ACH pull limit....$5k.

      So, yeah...I don't keep any savings there, but they are my main bank. I've been a member since 1999, their insurance rates are some of the best around, and they are generally very easy to work with. Having checking/savings lowers your insurance rates a bit...and they do the "early pay" thing. They were one of the first banks that refunded ATM fees and had free ACH transfers. I guess you find those just about everywhere now, but it was a big deal back in the day.

    • Darn. How short is the edit window for comments? I edited my reply a bit, but could post the edits after just 9 minutes. Oh well, lol.

      • I think 10 minutes. Some of the more active users might get more but not sure if that’s distinguishable.

      • And it's 90 days starting from day 30, so for most people that could be up to 4 months that it's earning near-zero. If you try to get it there exactly on day 30, you might be too late. Not worth it for me.

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