UPDATED – April 14, 2020: When it comes to choosing a CC, it’s imperative that you choose one that will benefit you overall. With the average CC debt totaling $5,700, the one you pick can easily make or break you.
Many budget-conscious individuals understand how CC’s can affect them. However, they also recognize they are important to their budget.
With this in mind, they are selective about which one they choose, and, of those who qualify, USAA’s credit card is a surefire leader within the industry.
USAA is short for the United Services Automobile Association. It is a diversified financial company based in San Antonio, Texas that offers a host of financial products to our military and their families.
Pros of Having a USAA Visa Card
One of the benefits of being affiliated with them is access to their CC’s.
They offer many CC’s backed by major issuers like Visa, American Express, and MasterCard. These are accepted anywhere merchants accept Visa or American Express.
The following are some of the benefits cardholders get when they have one of these cards in their wallets…
They offer low-interest rates. This company notoriously offers their cardholders low-interest rates; it’s one of the reasons why many people have at least one of their cards.
With a low-interest rate, cardholders can quickly pay down their balances, even if they carry a balance from month-to-month.
They tend to have higher limits. They base their decision on an individual’s credit history like many other financial institutions; however, they are generous when it comes to lines and limits.
Balance Transfer Requests
They allow you to transfer your balance. If you have a CC with a higher balance than your USAA account, they then make it simple for you to transfer your balance and start saving money.
Find the Right Credit Card for You
They offer a CC for everyone. All too often, people who have less than stellar credit are denied this types of accounts. Fortunately, this company has a CC product for everyone.
If you don’t have an excellent FICO score, you should consider owning their secured account. With excellent management, you may be able to convert it to a more traditional option
There are many other benefits to having one of the many accounts that this company offers. It’s important to keep in mind, many of the advantages you’ll receive is based on the option available to you.
Disadvantages of a USAA Visa Card
As a must-have option for people who have an eye on their finances and who are eligible, it’s important that you consider the drawbacks of having one of these accounts.
After all, the more you know about your CC, the better you are at managing it.
It’s exclusive to military members and their families so, unfortunately, not everyone is eligible to apply. The bank’s products and services are also exclusive to their customers.
It lacks an interest rate introductory period. An interest rate introductory period is one way that issuers entice would-be cardholders to apply for their card because it allows them to save money.
Unfortunately, this company doesn’t offer an introductory period.
The sign-up reward is small compared to other company offers. Typically, issuers offer sign-up rewards that lean heavily in the applicant’s favor to get their business. Unfortunately, their sign-up bonus is only $25.
They charge a foreign transaction fee. This company caters to military families and, in many cases, these families are required to travel abroad. People who use their USAA credit card overseas will be charged a foreign transaction fee.
All in all, the benefits of having a this account outweigh the drawbacks for many people. Especially, those individuals who can avoid the foreign transaction fee.
Managing Your USAA Credit Card Login
As a financial institution, United Service AA makes it easy for cardholders to manage their accounts online.
With many people having an existing banking relationship with the company, accessing the cardholder’s information is as simple as logging into their account.
Members can access their balance, limit, transactions, and other activities associated with their account by using their USAA credit card login.
Additionally, when they are on the go, they can use their USAA credit card login on their mobile devices to access their account information.
Interested in Applying for a USAA Card?
If you are interested in applying for one of their Visa cards or you need to contact them about your account, you can do so in-person, online, or by contacting customer service at 800-531-8722.
You can also reach them using traditional mail by sending your correspondence to:
United Service AA Federal Savings Bank
10750 McDermott Freeway
San Antonio, TX 78288-9876
If you forgot your username, please see Username Recovery
If you forgot your password, please Reset Your Password
NOTE: We are not an affiliate with this company. You should NOT contact us with any sensitive information that is of a personal nature. We are merely a resource that provides information.