Available nationwide, USAA is offering a $200 welcome bonus when you apply and open a new Classic Checking account and set up a qualifying direct deposit. We RARELY see USAA offer a bonus, so now's a good time to become a member if you aren't already. This offer has doubled since it was last offered.
Membership is open to active duty, National Guard, reserves, veterans who served honorably, Cadets or Midshipmen; and spouses and children of USAA members.
How To Earn The Bonus
The USAA Classic Checking promotion requires you to set up eligible direct deposits in order to earn the $200 bonus (step-by-step breakdown is listed above!).
As with any offer, don't forget to read the fine print before opening your new account. It's where the bank will clearly state who is eligible for the deal along with any nuances you'll want to be aware of.
The fine print
- You are responsible for any federal, state, or local taxes due on the bonus and we will report the bonus as income to the tax authorities if required by applicable law.
- Offer is limited to one bonus per member, one bonus per account, on first eligible account only.
- A qualifying direct deposit is a single Automated Clearing House, also known as ACH, electronic deposit of $100 or more
- Special payments are not eligible; this includes but is not limited to education and travel benefits related to military service.
- The account is not eligible for this offer if: 1) the primary account holder currently has, or has had, ownership of a USAA FSB checking account in the 12 months prior to account opening. The primary account holder is the account holder whose U.S. taxpayer identification number is used for tax reporting purposes on the new account.; or 2) the account is titled as a trust account, estate, Uniform Transfer to Minor Account, also known as UTMA, or other fiduciary account.
- The new USAA Classic Checking account must remain open and in good standing through the time we attempt to deposit any earned bonus payment.
- Offer may be discontinued or changed at any time without notice.
Open an USAA Classic Checking account before the bonus expires on April 24, 2025
How does this personal checking offer from USAA compare?
To help you determine how this bonus stacks against the rest, here are some of the most popular offers available right now:
BMO
Smart Advantage Checking Account
- Bonus
- $300
- Account Type
- Personal Checking
- Expires In
- 13 days
- Requires
- Direct Deposit
TD Bank
Beyond Checking
- Bonus
- $300
- Account Type
- Personal Checking
- Expires In
- 99 days
- Requires
- Direct Deposit
Discover
Discover® Cashback Checking
- Bonus
- up to $360
- Account Type
- Personal Checking
- Expires In
- Limited Time
- Requires
- Card Spend
Why USAA Federal Savings Bank?
USAA is a mostly-online-only bank that offers financial products and services to U.S. military and their families. It was founded in 1922 by 25 Army officers, but has exploded since, now serving 13 million members.
USAA offers competitive rates, excellent customer service, military-specific perks, and a solid digital experience.
Membership is open to active duty, National Guard, reserves, veterans who served honorably, Cadets or Midshipmen; and spouses and children of USAA members.
Learn more in our USAA Federal Savings Bank review
USAA Classic Checking
USAA Classic Checking account is USAA's standard checking account, but with more "extras" than your typical free checking account. For starters, they offer the ability to receive your paycheck up to two days sooner when you set up direct deposit. Plus, they'll refund up to $10 per statement cycle when you use your debit card at out-of-network ATMs. You'll also get access to their mobile app and highly rated customer service team.
Fees
USAA Classic Checking does not charge a monthly maintenance fee.
Apply now for an USAA Classic Checking account to earn the $200 bonus offer
Share Your Thoughts or Questions
There have been 2 comments about the USAA Classic Checking $200 Bonus.
JAMON HELLER
November 16, 2023I have not earned a bonus with USAA...because I've already been a customer for about 4 decades! They are our main bank, and it works well, as basically an online bank. We also have our life, auto, home, and umbrella insurance with them. They are owned by their members, so not profit-motivated. They have EXCELLENT service and are here to support their members. I am eligible due to my Dad's service over 50 years ago, before I was born - now my children are eligible for life, too! Cashiers see my USAA credit card and ask me what branch I served in :)
ReplyReply to JAMON HELLER
Nicholas
November 15, 2023I've looked into USAA in the past, but the eligibility criteria is tough if you're not immediate family members with someone in the military. I thought I might be able to qualify through my grandfather, but he never had an account with USAA.
ReplyReply to Nicholas
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