TIAA Direct High Yield Savings Account Offers Competitive Interest Rates with No Monthly Fees

The TIAA Direct High Yield Savings account offers competitive interest rates with no monthly fees and no minimum balance requirements.

You’ll currently earn a 1.25% APY on any amount of deposited funds, which is as high as any of the Popular Online Bank Accounts are offering right now.

There is a $25 initial deposit requirement to open your TIAA Direct savings account.

However, there is no minimum balance requirement thereafter to avoid maintenance fees, and there is no monthly fee for this account.

Check out the TIAA Direct High Yield Savings Account to open your account online.

You can deposit checks into your TIAA Direct account from your iPhone with Remote Deposit.

Plus, you can withdraw money with free transactions at over 23,000 ATMs in their network.

In addition, you’ll get full access to online and mobile banking services to manage your account.

TIAA Direct Account Requirements

TIAA Direct accounts are available to U.S. citizens and permanent residents of the 50 United States and the District of Columbia who are at least 18 years old and have a valid tax identification number.

Take advantage of this TIAA Direct online savings account to get high interest rates with no maintenance fees and no balance requirements.


  1. Barnie Wallace says

    TIAA Direct Drops Savings Rate, Imposes Withdrawal Limits

    TIAA Direct, the online banking division of TIAA-CREF, has slashed the rates of its savings and money market accounts from 1.25% APY to 1.00% APY. This rate affect existing customers. The online bank stopped accepting new customers as of July 2012.

    Additionally, in mail notices to customers, TIAA Direct said that ACH withdrawals will be limited to $5,000 per day, effective Feb. 13, 2013.

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