Are you ready to unlock a world of financial services tailored specifically for the military community and their families? Opening an account with USAA can provide you with access to banking, insurance, investments, and more, all designed with your unique needs in mind. Let's get started on your journey to becoming a USAA member!
How to Open an Account at USAA: A Step-by-Step Guide
USAA is a well-respected financial institution known for its dedication to serving military members, veterans, and their families. Their exclusive membership provides access to a comprehensive suite of financial products. Here's a detailed, step-by-step guide to help you open an account.
 |
| How To Open An Account At Usaa |
Step 1: Discover Your Eligibility – Are You Part of the USAA Family?
Before you even think about forms or account types, the most crucial first step is to determine if you qualify for USAA membership. USAA's services are exclusive, and not everyone is eligible.
Who is Eligible for USAA Membership?
USAA's eligibility has expanded over the years, making it easier for more of the military community to join. Generally, you are eligible if you are:
- Active Duty Military: This includes all men and women currently serving in the U.S. military (Army, Navy, Air Force, Marine Corps, Coast Guard).
- National Guard and Reservists: Those serving in the National Guard or Reserves.
- Veterans: Individuals who have honorably served in the U.S. military and received an honorable discharge.
- Cadets and Midshipmen: Those at service academies, in advanced ROTC or on ROTC scholarship, and officer candidates within 24 months of commissioning.
- Spouses of USAA Members: This includes current spouses and, in some cases, former spouses or widowed individuals.
- Children of USAA Members: If your parent is or was a USAA member, you are typically eligible. This can extend down generations once membership is established by the direct military sponsor.
It's important to note: While eligibility has broadened, the core principle remains: USAA serves the military community. If you're unsure about your specific eligibility, don't hesitate to use USAA's online eligibility checker or call their customer service.
Step 2: Gather Your Essential Documents – Be Prepared!
Once you've confirmed your eligibility, it's time to gather the necessary documentation. Having these ready will significantly expedite your application process.
Tip: Reading with intent makes content stick.
What Documents Will You Likely Need?
The exact documents may vary slightly depending on your specific eligibility category, but generally, you'll need:
- Proof of Military Service (for service members and veterans):
- DD214 (long version): This is often the most common and preferred document for veterans.
- Discharge Certificate
- Leave and Earnings Statement (LES): For active duty personnel.
- Military Orders: If you are actively serving.
- DD Form 4: If you are in a Delayed Entry Program.
- Government-Issued Identification:
- Driver's License
- State-Issued ID Card
- Passport
- Personal Information:
- Full Legal Name
- Date of Birth
- Social Security Number (SSN)
- Current Residential Address
- Contact Information (phone number, email address)
- Sponsor's Information (if applicable, for family members):
- USAA Member's Name
- USAA Member's Date of Birth
- USAA Member's Social Security Number or USAA Member Number
Pro Tip: Have clear, legible copies or digital scans of these documents readily available. This will make the online application much smoother.
Step 3: Begin Your Application – Online or Over the Phone
USAA offers convenient ways to apply for an account, primarily online or by phone.
Online Application Process
This is often the quickest and most preferred method for many.
- Visit the USAA Website: Navigate to usaa.com. Look for a "Join USAA" or "Become a Member" button, typically found prominently on the homepage or in the navigation bar.
- Start the Membership Application: You'll be prompted to answer questions to verify your eligibility. Be prepared to provide the information gathered in Step 2.
- Create Your Online ID and Password: If you don't already have one, you'll establish an online ID and password for your USAA account. This will be your login for all future interactions.
- Choose Your Account Type: Once your eligibility is confirmed and your member profile is created, you can proceed to open specific accounts. USAA offers a variety of banking products:
- Checking Accounts: USAA Classic Checking is a popular option. You may need a minimum initial deposit (often $25, but can vary or be $0 for new military recruits).
- Savings Accounts: Options like USAA Savings or USAA Performance First® Savings. Minimum deposits apply (e.g., $25 or $1,000 respectively).
- Credit Cards: Explore various options like cash back, points, or secured cards.
- Other Accounts: USAA also offers auto loans, home mortgages, personal loans, and investment services (often through Charles Schwab & Co., Inc.).
- Provide Account-Specific Information: For each account you open, you'll confirm your personal details and agree to the terms and conditions.
- Fund Your Account: You'll typically be asked to make an initial deposit. This can usually be done via:
- Electronic transfer from an existing checking or savings account (USAA or external).
- Using a Visa® or Mastercard® debit or credit card (for up to $100 for some accounts).
- Mobile deposit for checks via the USAA mobile app (once the account is open).
- Review and Submit: Carefully review all the information you've provided before submitting your application.
Phone Application Process
If you prefer to speak with a representative or have specific questions, you can call USAA directly.
QuickTip: Look for repeated words — they signal importance.
- Locate the Contact Number: The general customer service number for USAA is 1-800-531-8722.
- State Your Intent: Inform the representative that you wish to open a new account or inquire about membership.
- Provide Information: The representative will guide you through the eligibility verification and application process, asking for the same information as the online application. Have your documents ready to reference.
- Follow Instructions: They will provide instructions on how to submit any necessary documentation (e.g., uploading scans online, mailing copies) and how to fund your new account.
Step 4: Verification and Confirmation – Patience is a Virtue!
After submitting your application, USAA will process your information and verify your eligibility.
- Document Verification: If you needed to upload military documents, allow up to 3 days for USAA to process them.
- Account Activation: Once everything is verified and your initial deposit is processed, your account will be activated.
- Welcome Packet: You'll likely receive a welcome packet in the mail with important account details, your debit card (if applicable), and information on how to maximize your USAA membership.
- Online Access: You can typically start managing your account online and via the USAA Mobile App soon after activation.
Step 5: Explore Your Benefits – Make the Most of Your USAA Membership!
Congratulations! You're now a USAA member. Don't just stop at opening an account. USAA offers a wealth of services designed to benefit the military community.
 |
- Online Banking & Mobile App: Familiarize yourself with the USAA website and the highly-rated USAA Mobile App. These platforms allow you to:
- Monitor account activity
- Pay bills
- Transfer funds
- Deposit checks remotely
- Set up alerts
- Manage your budget
- Insurance Products: Explore USAA's auto, home, renters, life, and other insurance options, often praised for their competitive rates and excellent customer service.
- Investment Services: USAA has partnered with Charles Schwab & Co., Inc. for wealth management and brokerage services. You can open brokerage accounts, IRAs, and access financial planning tools.
- Loans: Consider USAA for auto loans, home mortgages (including VA loans), and personal loans.
- Member Perks: USAA offers a variety of discounts and savings through its "USAA Perks" program on travel, shopping, entertainment, and more.
Being a USAA member is more than just having a bank account; it's being part of a community that understands and supports the unique needs of military families. Enjoy the benefits!
Frequently Asked Questions (FAQs)
Here are 10 related FAQ questions to further assist you:
How to check if I am eligible for USAA?
You can check your eligibility directly on the USAA website by navigating to the "Join USAA" section and providing some basic information, or by calling their customer service line.
Tip: Keep scrolling — each part adds context.
How to find my USAA member number?
Once you've established membership, your USAA member number is typically found on your membership card, account statements, or by logging into your online account or the USAA mobile app. You can also call customer service.
How to transfer money into my new USAA account?
You can transfer money electronically from another USAA account or an external bank account, use a debit or credit card for smaller initial deposits, or deposit checks using the USAA Mobile App's Deposit@Mobile® feature.
How to set up direct deposit with USAA?
You will need your USAA checking account number and routing number. You can usually find these by logging into your online account or on a check. Provide this information to your employer's payroll department to set up direct deposit.
How to get a debit card from USAA?
Once your checking account is opened and funded, USAA will typically mail your debit card to your registered address. You will then need to activate it online or by phone.
How to access USAA's mobile app?
Search for "USAA" in your device's app store (Apple App Store for iOS or Google Play Store for Android), download the app, and log in with your USAA online ID and password.
Tip: Reread the opening if you feel lost.
How to find a USAA ATM?
You can use the ATM locator tool on the USAA website or within the USAA Mobile App to find preferred ATMs in their network. USAA also offers refunds for out-of-network ATM fees up to $10 per statement cycle.
How to contact USAA customer service?
You can contact USAA customer service by calling their general line at 1-800-531-8722. They are available to assist with a wide range of inquiries.
How to apply for a loan with USAA?
Once you are a USAA member, you can apply for various loans (auto, home, personal) directly through their website or by contacting their loan specialists by phone. The application process will involve providing financial information and documentation.
How to get insurance quotes from USAA?
After establishing your USAA membership, you can get insurance quotes (auto, home, etc.) by logging into your online account, using the mobile app, or calling USAA's insurance department. You will need to provide details about what you want to insure.
 |
This page may contain affiliate links — we may earn a small commission at no extra cost to you.
💡 Breath fresh Air with this Air Purifier with washable filter.
