Review
USAA Preferred Cash Rewards Visa Signature® Credit Card Review: Great Introductory Offer for USAA Members
The USAA Preferred Cash Rewards Visa Signature® Credit Card hooks you in with a lucrative introductory offer of 3% cash back on purchases. Is this card the right fit for you beyond the first year? Find out in our complete review.
| Annual Fee | $0.00 |
| Regular APR | 15.40% to 27.40% Variable Regular APR No Penalty APR |
| Rewards Rate | 1.5% cash back on purchases |
| Sign-up Bonus | 3% cash back first year |
| 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. |
Overview
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
Benefits
Drawbacks
Decision Guidance
Summary
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...