Review
USAA Secured American Express® Credit Card Review: Build Credit With USAA Perks
Looking to build credit with USAA? Our review breaks down how the USAA Secured American Express® Card can help you establish your creditworthiness with responsible use and a refundable security deposit.
| Annual Fee | $0.00 |
| Sign-up Bonus | No signup bonus |
| Rewards Rate | No rewards rate |
| Regular APR | 26.40% Variable Regular 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. |
Overview
Pros & Cons
What's great
- No annual fee
- No foreign transaction fees
- May qualify for an upgrade to an unsecured card
- Low credit score requirement
Things to consider
- High regular APR
- No sign-up bonus
- No rewards
Benefits
Drawbacks
Decision Guidance
Summary
The USAA Secured American Express card is primarily a credit-building tool, and its overall rating reflects this focus. It earns a 2.6 out of 5.0. Its strengths lie in its accessibility (secured card), no annual fee, and reporting to three major cred...