TIAA Bank Review 2022
The Bankrate promise
At Bankrate we strive to help you make smarter financial decisions. While we adhere to strict , this post may contain references to products from our partners. Here's an explanation for .
At a glance
About Bankrate ScoreHover for more
TIAA Bank is good for customers who want a full-service online bank with competitive deposit yields.
- ATM Fee Refunds
- High APY
- Low Fees
TIAA Bank is an online institution offering deposit accounts with competitive rates and low minimum balances, and customers have access to thousands of fee-free ATMs. While the bank maintains branches, only a limited number are available and just in Florida.
TIAA Bank offers competitive yields on CDs.
The bank provides access to thousands of surcharge-free ATMs.
It offers a variety of services and products.
The bank has a limited network of full-service branches.
While TIAA Bank offers a full line of deposit products, 24/7 customer service is not available by phone.
TIAA Bank bank products
TIAA Bank savings overview
All balances earn more than the national average APY.
The Basic Savings account charges no monthly account fee.
Other banks offer savings accounts with higher APYs.
TIAA Bank serves customers in all 50 states. Its mobile app is highly rated by both iOS and Android users.
TIAA Bank provides access to thousands of surcharge-free ATMs. The bank also automatically reimburse customers up to $15 a month for any fees that ATMs in the U.S. charge for access. For accounts with balances of $5,000 or more, the bank reimburses an unlimited amount of ATM fees.
Customers can send and receive funds using Zelle through TIAA Bank online banking or the TIAA mobile app.
Customer service is available by phone weekdays 8 a.m. to 8 p.m. Eastern time and Saturdays from 9 a.m. to 7 p.m.
About TIAA Bank
TIAA Bank, which is a division of TIAA, is a full-service online bank available to customers in all 50 states. It offers checking, savings and money market accounts as well as certificates of deposit. The deposit accounts earn competitive rates.
Conveniences TIAA Bank offers include a user-friendly mobile app, access to thousands of no-fee ATMs nationwide, low minimum balance requirements and peer-to-peer payment capability through Zelle.
We assign a score to each type of account and its features, weigh them carefully based on importance to account holders and determine an overall score. Read our full review methodology.