“At USAA Bank, we’re committed to maintaining a free checking option for our members; however, we recognize a growing need and desire among our members for advanced security protections,” said Andy Collins, vice president of checking for USAA Bank.
San Antonio, Texas (PRWEB) March 01, 2013
USAA Bank today announced Secure Checking Plus, a new checking account option providing additional identity theft and debit card price protection, designed for the military and their families. The new account helps protect USAA members beyond their USAA checking accounts with daily credit monitoring, 24/7 internet monitoring against unauthorized use of the member’s Social Security and credit card numbers, lost wallet assistance and $1 million in identity theft insurance.* The Secure Checking Plus account will be available to members for a competitive price of $9.95 per month, which is less than the $15 - $20 this type of protection can cost if purchased individually, and also less than some banks charge for a basic checking account.
“According to Javelin Strategy & Research, nearly 12 million Americans were victims of identity theft in 2012,” said Andy Collins, vice president of checking for USAA Bank. “That, coupled with the threat of identity theft and cyber crimes targeting the military community, is why it is vital to provide more options to help protect our members’ personal and financial information. Members can now choose to keep their existing free USAA checking account, with many built-in security features, or upgrade to USAA Secure Checking Plus for an additional charge for extra peace of mind.”
USAA Bank will continue to offer its free checking account, now named USAA Secure Checking. It includes robust security features, such as fraud alerts and cyber code tokens for enhanced security logon, with no minimum balance requirements.
“At USAA Bank, we’re committed to maintaining a free checking option for our members; however, we recognize a growing need and desire among our members for advanced security protections,” said Collins. “We’re proud to offer our members a higher level of protection with USAA Secure Checking Plus.”
In addition to the identity theft and fraud protections, USAA Secure Checking Plus also provides enhanced debit card benefits through World®Debit MasterCard®, such as an extended warranty which doubles the warranty time period and price protection which covers the difference if you find the same item at a lower price on purchases made with the World®Debit MasterCard. More information is available at http://www.usaa.com, mobile.usaa.com or by calling USAA Bank at 1-800-531-8722.
USAA provides insurance, banking, investment and retirement products and services to 9.4 million members of the U.S. military and their families. Known for its legendary commitment to its members, USAA is consistently recognized for outstanding service, employee well-being and financial strength. USAA membership is open to all who are serving or have honorably served our nation in the U.S. military – and their eligible family members. Banking products provided by USAA Federal Savings Bank (USAA Bank), member FDIC. For more information about USAA, or to learn more about membership, visit usaa.com or mobile.usaa.com.
Identity theft protection benefits (including identity theft insurance) provided through Experian’s ProtectMyID® product.
*Identity theft insurance is underwritten by insurance company subsidiaries or affiliates of Chartis Inc. The description here in is a summary and intended for informational purposes only and does not include all terms, conditions, and exclusions of the policies described. Please refer to the actual policies for complete terms, conditions, and exclusions of coverage. Coverage may not be available in all jurisdictions.