TIAA Bank Yield Pledge Checking Account Review


Top perks

Up to 0.10% APY: The TIAA Bank Yield Pledge® Checking Account offers a 0.10% APY on all balances.

Guaranteed competitive APYs: TIAA Bank’s Yield Pledge® promise guarantees that the account’s APYs will always be within the top 5% of all competitive checking accounts offered by the 10 largest banks in 10 large U.S. banking markets. So while TIAA Bank’s rates may change over time, you can always be sure that you’re getting a high APY.

ATM fee reimbursement: TIAA Bank Yield Pledge® Checking Account holders may use Allpoint and MoneyPass® ATMs without incurring a fee, but don’t worry if you don’t live near one of these. People with minimum balances under $5,000 receive up to $15 in reimbursements per month, while those with balances of $5,000 or more are eligible for unlimited ATM fee reimbursements.

Debit card includes purchase protections: Your TIAA Bank debit card includes some rare purchase protections usually reserved for credit cards. These include:

  • Extended warranty protection: When you use your TIAA Bank debit card on an eligible purchase that carries a U.S. manufacturer’s warranty, the bank may extend your protection. Warranties of three years or less may be extended by up to one year, and warranties of one to six months could be doubled.
  • Price protection: If you purchase an item with your TIAA Bank debit card and the price drops within the next 60 days, TIAA Bank’s price protection program can pay you the difference between the price you paid and the new advertised price, up to $250.
  • Return protection: Return protection reimburses you for the cost of an item even if the merchant refuses to take it back. Only purchases made with your debit card within the last 90 days qualify for return protection.
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FDIC insured: TIAA Bank is an FDIC member. That means your funds, up to $250,000 per depositor, per institution, are protected in the event of bank failure.

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