If you’re thinking about closing your USAA account, there are a few things to keep in mind. First, make sure you have enough money saved up to cover the balance on your account. Second, be sure to read the terms and conditions of your account carefully before closing it. Finally, be aware that closing your USAA account may result in a loss of benefits, such as roadside assistance and discounts on products and services. ..
Here are the steps involved for USAA members who want to close USAA online bank accounts:
USAA customers must log into their USAA account at USAA Online Banking and select “My Accounts” from the main menu on the left side of their USAA Bank homepage.
After clicking on the “My Accounts” link, USAA member needs to click on the down arrow next to his/her name in the upper right hand corner of USAA Online Banking and then choose Account Management.
This will take you to a page that displays all your open USAA Accounts including Checking, Savings, Money Market or Government Securities Account, and CDs . You can view information about any particular account by using the View button or you can close an account by selecting the Close Account button. USAA members who want to close USAA online bank accounts can use the USAA Customer Contact link or USAA Email contact form for questions regarding closure of USAA Checking Accounts, USAA Savings Accounts and USAA CD’s .
Once you have selected a particular account to close, you will be presented with a screen that displays important information about your account and asks you if you are sure that you wish to close this USAA Bank Account. If yes, select Yes below the question “Are You Sure You Want To Close Your Account?” and then select Next button at the bottom of your bank account page. This will take you to final confirmation page where USAA members must again confirm that they would like to close their USAA Bank Account by selecting the Yes button.
USAA members who would like to close USAA online bank accounts should be aware that USAA will send them a Closing Statement and if applicable, any remaining balance in US dollar currency of their USAA Checking Accounts or USAA Savings Accounts will be converted into US dollar equivalent of your foreign currency held within your USAA investment account as long as you have invested in an FDIC-Insured Investment Fund . This process can take up to four business days so please allow yourself enough time for such exchange before closing your USAA Online Banking Account or it may happen automatically without warning.
