You must make an initial deposit to open a savings account, but the amount is usually small. Traditional banks may ask for only $25. An online bank might offer savings accounts with no minimum requirement. Regular savings accounts typically pay the lowest interest rates.How much does it cost to open a savings account?
Opening a USAA Bank savings account can be done online. You can open a traditional USAA savings account with as little as $25. To fund your account, you can use: An existing USAA Bank account.