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The USAA Preferred Cash Rewards Visa Signature Credit Card offers 1.5% cash back for USAA members on all eligible purchases.
For those connected to the military community and USAA members, the USAA Preferred Cash Rewards Visa Signature Credit Card is an excellent starter cash back credit card.
The USAA Preferred Cash Rewards Visa Signature Card offers a straightforward and lucrative cashback rewards structure.
In this post:
Best USAA Cash Back Credit Card
1.5% Unlimited Cashback on All Purchases
One of the most attractive features of the USAA Preferred Cash Rewards card is the uncomplicated cashback program. Cardholders enjoy 1.5% cashback on all purchases without any caps or categories to track. This simple and efficient reward system ensures that every dollar you spend earns you money back, making it a perfect everyday card.
No Annual Fee
The lack of an annual fee makes this card an economically wise choice. It allows you to enjoy the benefits and rewards without worrying about an additional yearly cost, maximizing your potential savings and earnings.
This is a great starter credit card to keep forever. You can leave it in your credit card portfolio and help age your credit, without worrying about an annual fee.
Eligibility and USAA Membership
To be eligible for the USAA Preferred Cash Rewards Visa Signature, applicants must have a military connection — whether you're actively serving, a veteran, or a family member of someone in the service. Additionally, membership with USAA is required, but signing up is free and opens the door to various financial products and services tailored for military families.
0% Intro APR Offer
The card offers an introductory 0% APR on purchases for the first 15 months, a feature that can be particularly useful for big purchases or balancing budgets during transition periods. After the introductory phase, a variable APR ranging from 17.15% to 31.15% applies, making it crucial to manage balances responsibly.
Travel Protection Benefits
USAA understands the unique challenges and needs of its members, especially those who travel for official military business or pleasure. This card comes with several travel-related protections:
- Auto Rental Collision Damage Waiver: This feature covers you in case of damage or theft of a rental car.
- Travel Accident Insurance: Get peace of mind with insurance coverage for unexpected travel accidents.
- Trip Cancellation and Interruption Coverage: Protects your travel investments if your plans change due to unforeseen circumstances.
Safety and Security
With USAA, card security is a top priority:
- Zero Liability for Unauthorized Transactions: Offers protection against unauthorized use of your card.
- Lost or Stolen Card Reporting: Easily report a lost or stolen card online or through the USAA app.
- Contactless Payments: Quick and secure transactions with a tap at enabled terminals.
The Bottom Line on the USAA Preferred Cash Rewards Visa
The USAA Preferred Cash Rewards Visa Signature Credit Card stands out as an uncomplicated, rewarding financial tool for those with military connections.
The blend of cashback rewards, no annual fee, and travel benefits tailored to the military community make it a strong contender for those eligible. As with any financial product, it's crucial to consider your personal financial situation and how a new credit card will fit into your overall financial strategy.
Note: Terms and conditions apply. Be sure to read the fine print for details on APRs and other specifics.