USAA
Preferred Cash Rewards Visa Signature® Credit Card
Key Features
| Annual Fee | $0.00 |
| Regular APR | 15.40% to 27.40% Variable Regular APR No Penalty APR |
| Other Fees | No Foreign Transaction Fees Balance Transfer and Cash Advance fee is 5% of each transaction amount. There is a transaction fee of 5% of the amount of each Balance Transfer, Convenience Check and Cash Advance. The Cash Advance fee is waived when you transfer funds electronically from your USAA credit card to your USAA Bank deposit account. |
| Network | Visa |
About this card
The USAA Preferred Cash Rewards Visa Signature® Credit Card is a fair option, balancing decent rewards with a high APR range. The absence of an annual fee and foreign transaction fees are definite positives. The initial sign-up bonus of 3% cash back for the first year adds significant value upfront, but the standard 1.5% cash back is just average. The high APR range is a significant drawback, making it a less attractive choice for those who carry a balance. While the additional perks such as auto rental coverage and purchase protections are nice to have, they don't fully compensate for the high APR. The card is most suitable for USAA members who can take advantage of the sign-up bonus and pay their balance in full each month. Overall, it's an average card with notable limitations due to the APR.
Pros & Cons
What's great
- Generous sign-up bonus
- Cashback on purchases
- No annual fee
- No foreign transaction fees
Things to consider
- High regular APR
- Balance transfer fee
What this card offers
Sign-up bonuses
- Earn 3% cash back on qualifying purchases for your first year on the first $15,000 you spend. After your first year, earn unlimited 1.5% cash back.
Rewards
- Earn unlimited 1.5% cash back on purchases.
Other features
- No category restrictions
- You can qualify to get reimbursed up to $200 of your auto policy deductible when you experience a covered loss, if you make a minimum of 8 purchases in the prior calendar month
- 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 5
- 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 6
- Add your card to your phone for fast mobile payments or checkouts.
Additional Notes
All credit cards subject to approval. If you apply for a USAA Visa Signature® Credit Card and are approved for a credit limit less than $3,000 you'll automatically be issued a USAA Visa® Platinum Credit Card with the same terms and fees. Membership eligibility and product restrictions apply and are subject to change.