USAA Rewards Visa Signature Card

Dec 08, 2023 By Triston Martin

The most appealing aspect of the USAA Rewards Visa Signature is the included advantages. The card includes collision damage waiver on auto rentals, travel accident insurance, trip cancellation, interruption protection, baggage delay, and reimbursement coverage. These are all benefits that could help travelers. This, along with the absence of foreign transaction charges, makes this card possibility for those who love to travel. The rewards, however, and other features that the card does not offer make the card less appealing than other cards with no annual fee and similar benefits and rewards.


The card does not offer a 0% initial APR; however, it comes with no penalty APR, and its APR range for standard rates is rather low compared with other reward cards. 9.90 percent up to 25.90 percent variable. The USAA membership requirements, which are contingent on having a family member who is a military member, are a drawback that makes this card not an option for all.


Working


You earn one point for each dollar you spend using your USAA Rewards Visa Signature Card. There's no limit to the number of points you could earn, and virtually there is no limit to the kind of reward you could earn. You can use your points to earn rewards such as cash or gift cards, merchandise, travel, and other purchases. You can also donate to charitable organizations that you can.


When using this card, it's essential to ensure that your account is well-maintained. This is done by paying your bills punctually and in full. In this way, you will continue earning and redeeming your points. If you don't, your rewards could be withheld until you notify USAA. Your points could be used to pay off your balance if you do. You may also transfer points to another person if you choose to, provided that you have a good credit score.


Offer


It's difficult to recommend the USAA Rewards Visa Signature card over the other rewards card offered by this issuer; that is, it's the USAA Rewards American Express card. The Visa card earns 2x points for every dollar you spent for dining and gas and 1 point for any purchase; however, the AmEx version offers 2x per dollar for gasoline and groceries, in addition to 1 point per dollar for any other expenditure. This could mean a substantial variation in earning potential when spending a lot in these categories. Suppose you are eligible by the USAA Rewards Visa Signature. In that case, credit that falls on the lower side of the spectrum could be charged higher than average APRs (11.40 percent -27.40 percent adjustable APR). You can, however, reduce that rate by paying off the account in full every month.



APR and Fees


It is a great card to use for international travel. USAA Rewards Visa Signature Card has no annual fee and does not charge a foreign transaction fee. If you use the card outside of the U.S., you don't need to worry about USAA adding a cost for these purchases. Typically, foreign transaction fees amount to three percent of your spending. The 3% fee can apply to balance transfers and cash advances. The maximum fee is $200. A similar variable interest range applies to balance transfers, purchases, and cash advances. The APR you pay is based on your creditworthiness. An excellent credit score could aid you in getting an even better rate.


Customer Service


One area in which USAA outdoes other credit card companies is customer service. They have a track record of excellent service, and the survey results show up. If that's one of the factors that you think about when you read reviews on credit cards, then it might be an incentive to consider that USAA card. In the J.D. Power 2021 U.S. Credit Card Satisfaction Study, 860 points of the 1,000. While it was not considered in the rankings because it did not satisfy the criteria for awarding, its score was the top among all national card issuers. To put the score in context, American Express scored 838, the highest score that could qualify for rankings.


Cardholder Experience



860 is the top score from the study at 23 percentage points, USAA wasn't included due to the availability of its services being limited to a specific group of people, specifically military families. You can reach USAA at 800-531-8722 to manage your account through USAA's iOS or Android applications. You can also send a secure email or chat with an agent online after logging into an account on your USAA account.

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