USAA® Preferred Cash Rewards Visa Signature® Card
- Annual fee
- None
- Recommended credit
- Excellent / Good
- Card network
- Visa
- Regular purchase APR
- 16.9% to 30.9% variable based on creditworthiness and the Prime Rate
At a glance
The USAA® Preferred Cash Rewards Visa Signature® Card helps cardholders earn unlimited 1.5% cash back on purchases. They can also enjoy no foreign transaction fees, no annual fee, and no penalty APR.
Our review of the USAA® Preferred Cash Rewards Visa Signature® Card
The USAA® Preferred Cash Rewards Visa Signature® Card is a top contender in the world of unlimited cash back credit cards. With a generous 1.5% cash back on all purchases, this card competes with the likes of the Amex Cash Magnet and Wells Fargo Cash Wise.
How to Earn & Redeem Cash Back Rewards
Earning cash back with the USAA® Preferred Cash Rewards is simple – you’ll earn 1.5% back on all eligible purchases, with no confusing categories to worry about. Redeeming your cash back is just as easy, with the ability to redeem in increments of $1 at any time through the USAA Rewards Service Center.
Special Military APR for Active Deployment
USAA goes above and beyond for U.S. military personnel with a special fixed APR for active duty members. Those on active duty can enjoy a low 4% APR on balances owed, with the offer extending until the balance is paid off or the first anniversary of ending active duty is reached.
A Highly Competitive APR – for Some
Applicants with excellent credit scores can benefit from an impressive APR below 12%, making this card a great choice for those with top-tier credit. However, those with good credit may face higher APRs, making it less appealing for some.
Other Card Features
While the USAA card lacks signup bonuses, it does offer no foreign transaction fees, no annual fee, and no penalty APR. These features make it a solid choice for those looking for a straightforward cash back card.
Should You Apply for the USAA® Preferred Cash Rewards Visa Signature Card?
Overall, the USAA Preferred Cash Rewards is a good option for those in the military or with excellent credit. However, those looking for additional perks like dining and drugstore cash back or intro APR offers may want to explore other options like the Chase Freedom Unlimited or Citi® Double Cash Card. Ultimately, the USAA card’s benefits for military members and straightforward cash back make it a valuable tool for those who qualify.
Card features
Benefits as listed on the original card page. They can change; confirm details with the issuer.
- Easy, Unlimited 1.5% Cash Back on Purchases
- Get free collision damage waiver coverage to pay for physical damage and theft to most vehicle rentals
- Extend your manufacturer's or U.S. store-brand warranties
- Manage your account with tools to help you transfer balances, set travel notifications and report your card lost or stole
Who this card may suit
- You're in the U.S. military or are related to someone in the U.S. military
- You want unlimited cash back on all purchases
- You want no annual fee
- You want no foreign transaction fees
Rates, fees and terms
| Annual Fee | None |
|---|---|
| Regular Purchase APR | 16.9% to 30.9% variable based on creditworthiness and the Prime Rate |
| Intro Balance Transfer APR | 0% Introductory APR through your 02/01/2024 billing cycle |
| Balance Transfer APR | 16.9% to 30.9% variable based on creditworthiness and the Prime Rate |
| Balance Transfer Transaction Fee | 3% of the amount of each transfer |
| Cash Advance APR | 16.9% to 30.9% variable based on creditworthiness and the Prime Rate |
| Cash Advance Transaction Fee | 3% of the amount of each cash advance. Fee waived when transferring funds electronically to a USAA deposit account |
| Late Payment Penalty Fee | Up to $35 |
| Return Payment Penalty Fee | Up to $35 |
Confirm before you apply: rates, fees and offers change often. The figures above are the ones listed on the original card page, not a current quote from the issuer. APRs are typically variable, and the rate you receive depends on your creditworthiness. Recommended credit: Excellent Credit Good Credit.
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USAA® Preferred Cash Rewards Visa Signature® Card
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