USAA withdrawal fee, transfer funds options, terms for moving money out of brokerage account by ACH, debit card, or ATM.

How to Withdraw Funds from a USAA Brokerage Account

If you’re looking to move money out of a USAA securities account, there are several choices available. In fact, we found that USAA offers a wider variety of options compared to other brokers. Here’s a rundown on the top choices:

Zelle

Zelle is a new money transfer service that launched in 2017 by some of America’s biggest banks. While USAA wasn’t part of the founding group, it does offer this convenient electronic money movement service to its customers.

To use this free transfer service, you’ll need to log into the USAA mobile app. It’s compatible with Apple and Android devices, and it’s easy to use. Zelle isn’t available on the USAA website.

The receiving account needs to be a bank account in the United States. If the account is already enrolled in Zelle, the funds transfer takes just a few minutes.

Competitors

Broker Review Stock/ETF
Commission
Mutual Fund
Commission
Maintenance
Fee
Annual IRA
Fee
Promotion
Offer
TD Ameritrade $6.95 $49.95 $0 $0 Trade free for 60 days + get up to $600.
Ally Invest $4.95 $9.95 $0 $0 Up to $3,500 cash bonus + 90 days of commission free trades (up to $500 in value).
USAA $8.95 $45 $8.95 + $0.75 per contract $0 None


ACH Transfers Terms

The pre-Zelle world still exists, and USAA is aware of this. The broker-dealer offers ACH transfers free of charge to any US-based linked bank account. One advantage of this service over Zelle is that an ACH transfer can be initiated on the USAA website.

Even better, the service can be used to move funds between one USAA account and another. This could be between a USAA investment account and a USAA savings account, for example. These transfers are completed immediately.

Send a Wire

If you can’t use either of the above two options (say, for example, you’re trying to send money to a foreign bank), USAA offers a wire transfer service. There is a $20 fee domestic wires and $45 for international wires.

If you plan to send an international wire or a domestic wire over $10,000 in one shot, you’ll need to call USAA for assistance. Domestic wires under $10,000 can be done on-line. In either case, you’ll need the recipient’s information, including bank account information. It does take about 1-2 days for the whole process to complete if it’s a domestic transfer. An international wire can take up to 2 weeks.

Automatic Transfers

It’s possible to set up automatic transfers out of your USAA trading account to an external bank account. The USAA website has a convenient on-line form that makes setting this up quick and easy.

Bill Pay

Another great option to pull money out of a USAA investment account is to simply leave the funds there and use the account to pay bills. A USAA brokerage account can be used to pay non-USAA bills, and this service is completely free.

ACAT Transfer

If none of the other options appeal to you, and you want to move all your assets to another broker, the best avenue to take is probably the ACAT system. This will allow you to move your entire USAA account to another brokerage firm. You won’t have to sell your investments, either, because the ACAT service will move securities in addition to cash. There is a $70 fee for the service, however.

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