USAA
Preferred Cash Rewards Visa Signature® Credit Card
Key Features
| Annual Fee | $0.00 |
| Sign-up Bonus | $250 reward bonus |
| Rewards Rate | 1.5% cash back |
| Regular APR | 15.40% to 27.40% Variable Regular APR |
| Other Fees | No Foreign Transaction Fees Balance Transfer and Cash Advance fee is 5% of each transaction amount.see note 3 |
| Network | Visa |
About this card
The USAA Preferred Cash Rewards Visa Signature® Credit Card receives an overall rating of 3.0, placing it in the 'Good' category. This card offers a solid, uncomplicated cash back program with some notable strengths and weaknesses. The absence of an annual fee and foreign transaction fees are significant benefits, making it cost-effective for many users, and USAA's reputation for customer service is a definite plus. The 1.5% cash back on all purchases is a decent, straightforward reward, and is complemented nicely by the sign-up bonus. However, the high APR range (15.40% to 27.40%) is a major drawback, especially for a card targeting those with good credit. This high APR means carrying a balance can be very costly, diminishing the value of the rewards earned. While the card offers additional perks such as auto rental coverage and purchase protections, these do not fully compensate for the potential cost of the high APR for those who carry a balance. Strengths: * No annual fee or foreign transaction fees * Decent sign-up bonus * Straightforward cash back program (1.5% on all purchases) * Strong customer service reputation (USAA) Weaknesses: * High APR range * Balance transfer and cash advance fees * Standard 1.5% cash back is average compared to some competitors
Pros & Cons
What's great
- No annual fee
- Generous sign-up bonus
- Cashback on purchases
- No foreign transaction fees
- No penalty APR
Things to consider
- High regular APR
- High balance transfer fee
What this card offers
Sign-up bonuses
- Earn a $250 reward bonus after spending $1,000 on qualifying purchases within 90 days of account opening.see note 1
Rewards
- 1.5% cash back on purchases
Other features
- No category restrictions
- Your cashback rewards never expire. Plus, earning is simple with no limits or categories.
- Check your total quickly on usaa.com or the mobile app. Cash back for posted transactions is usually added within 48 hours.
- Choose from a range of exciting redemption options. Redeem some or all of your cash back.
- Rely on us — from secure logons to zero liability for unauthorized transactions.see note 4
- Set up a variety of alerts on your mobile device to stay informed.
- Report a lost or stolen card online or in the app.
- Auto Rental Coverage
- Travel Accident Insurance
- Trip Cancellation and Interruption Coverage
- Baggage Delay and Reimbursement
- Access USAA customer service 24/7 online.
- Take advantage of extended warranty protection on U.S. manufacturers' warranties.see note 5
- Add your card to your phone for fast mobile payments or checkouts.
- No Penalty APR
Additional Notes
All credit cards subject to approval.