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Available for military families, the USAA Rewards Visa Signature Card Review has no annual fee or foreign transaction fee. Cardholders also benefit from USAA's highly rated customer service. However, lackluster rewards limit this card's value. See if the pros outweigh the cons in our full USAA Rewards Visa Signature Card Review review.
USAA Rewards Visa Signature Card Review
Good/Excellent (670-850)
Intro APR
Purchases: N/A
Balance Transfers: N/A
Regular APR
9.90% - 25.90%, variable
Rewards Earn 2X points per dollar spent on gas and dining , 1X points for every dollar spent on other purchases
1X -2X points
Annual Fee
$0
Welcome Offer After your first purchase, you’ll automatically earn 2,500 bonus points.
2,500 points
While the gas and dining rewards are a nice touch, there are other credit cards that earn similar rewards and offer a big sign-up bonus or a 0% intro APR, or both.
We recommend comparing options to ensure the card you're selecting is the best fit for you. To make your search easier, here's a short list of standout credit cards.
Offer | Our Rating | Welcome Offer | Rewards Program | APR | Learn More |
---|---|---|---|---|---|
Rating image, 5.00 out of 5 stars.
5.00/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best = Excellent = Good = Fair = Poor |
Discover will match all the cash back you've earned at the end of your first year. N/A | 1% - 5% Cashback Earn 5% cash back on everyday purchases at different places you shop each quarter like grocery stores, restaurants, gas stations, and more, up to the quarterly maximum when you activate. Plus, earn unlimited 1% cash back on all other purchases—automatically. |
Intro: Purchases: 0%, 15 months Balance Transfers: 0%, 15 months Regular: 17.24% - 28.24% Variable APR |
||
Rating image, 5.00 out of 5 stars.
5.00/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best = Excellent = Good = Fair = Poor |
Up to $300 cash back Earn an extra 1.5% on everything you buy (on up to $20,000 spent in the first year) — worth up to $300 cash back. That's 6.5% on travel purchased through Chase Travel, 4.5% on dining and drugstores, and 3% on all other purchases. | 1.5% - 5% cash back Enjoy 5% cash back on travel purchased through Chase Travel, our premier rewards program that lets you redeem rewards for cash back, travel, gift cards and more; 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and 1.5% on all other purchases |
Intro: 0% Intro APR on Purchases and Balance Transfers for 15 months Purchases: 0% Intro APR on Purchases, 15 months Balance Transfers: 0% Intro APR on Balance Transfers, 15 months Regular: 20.49% - 29.24% Variable |
Apply Now for Chase Freedom Unlimited®
On Chase's Secure Website. |
|
Apply Now for Chase Sapphire Preferred® Card
On Chase's Secure Website. |
Rating image, 4.50 out of 5 stars.
4.50/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best = Excellent = Good = Fair = Poor |
75,000 bonus points Earn 75,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's over $900 when you redeem through Chase Travel℠. | 5x on travel purchased through Chase Travel℠, 3x on dining and 2x on all other travel purchases Enjoy benefits such as 5x on travel purchased through Chase Travel℠, 3x on dining, select streaming services and online groceries, 2x on all other travel purchases, 1x on all other purchases, $50 Annual Chase Travel Hotel Credit, plus more. |
Intro: N/A Purchases: N/A Balance Transfers: N/A Regular: 21.49%-28.49% Variable |
Apply Now for Chase Sapphire Preferred® Card
On Chase's Secure Website. |
This credit card is a good fit for: USAA members who want to stick with that company for all their financial products.
It's not quite feature packed, but the USAA Rewards Visa Signature Card Review has some good benefits.
The USAA Rewards Visa Signature Card Review is light on common credit card fees. Most importantly, this is a no annual fee credit card, so you don't need to pay a fee to have it in your wallet.
One area where USAA excels compared to other major credit card companies is customer service. It has a reputation for quality service, and customer satisfaction surveys back that up. If that's a key factor you consider when reading credit card reviews, then it could be a reason to lean toward this USAA card.
In the J.D. Power 2021 U.S. Credit Card Satisfaction Study, USAA scored 860 points out of 1,000. Although it wasn't included in the official rankings because it didn't meet the award criteria, its score was the highest among national card issuers. To put the number into perspective, American Express scored 838, which was the highest score that qualified for the rankings.
The USAA Rewards Visa Signature Card Review has a variable annual percentage rate (APR) that tends to be lower than what most credit cards offer. If you carry a balance on your credit card, a lower APR saves you money on interest. It also doesn't charge a penalty APR, which many cards charge if you fall behind on your payments.
Keep in mind that these are perks it's good to avoid relying on whenever possible. It's better to pay off your credit card bill in full every month and avoid any interest charges. If you do that, then your card's interest rate and whether it has a penalty APR are both irrelevant. And if you need to pay off a large purchase over time with your credit card, 0% intro APR credit cards would be a better choice.
Learn more: What Is APR and What Does It Mean for Your Credit Cards?
After your first qualifying purchase with this USAA credit card, you'll receive 2,500 bonus points. USAA rewards points are worth $0.01 per point when you redeem them for cash back, giving this sign-up bonus a value of $25. It's not a lot, but it's at least easy to get, since it only requires a single purchase.
The USAA Rewards Visa Signature Card Review earns:
Since these credit card points are worth $0.01 each, you're effectively earning 2% back on gas and dining out and 1% back on everything else.
The following travel protections are available on qualifying purchases made with this credit card:
Read more: Best Travel Rewards Credit Cards
Credit cards for international travel are a must for consumers who plan to go outside the U.S. at all. While the USAA Rewards Visa Signature Card Review doesn't have tons of travel perks, it is a no foreign transaction fee card, so you can use it abroad without spending extra.
The USAA Rewards Visa Signature Card Review has some notable problems that hold it back in terms of value.
This USAA credit card has a very small sign-up bonus, as the 2,500 points you get are worth just $25 in cash back.
A $25 bonus isn't close to competitive with what other credit card companies are offering. If you look at the best credit card sign-up bonuses, there are many no annual fee cards with bonuses worth $200 to $250. You're giving up quite a bit of value by choosing the USAA Rewards Visa Signature Card Review over one from another bank.
The rewards rate on this USAA card is another area where it falls well short of current credit card products. You get 2% back on gas and dining out and 1% back on all your other qualifying purchases.
For comparison's sake, some rewards credit cards offer 2% back across all sorts of purchases for no annual fee. Or, if you want a card with bonus categories, you can find plenty of rewards cards that offer 3%, 4%, or even 5% in bonus rewards.
To apply for any USAA cards, you need to be a USAA member. USAA membership is open to active, retired, and separated veterans with a discharge type of "Honorable" from the U.S. military, as well as their eligible family members.
Eligible family members include spouses, widows, widowers, and unremarried former spouses of USAA members who joined USAA during or prior to the marriage. It also includes children and stepchildren of living USAA members.
While this is USAA's policy and is unlikely to change, it means that many consumers can't apply for a card.
A FICO® Score of 670 or higher is suggested to apply for the USAA Rewards Visa Signature Card Review. The majority of the applicants who are approved for this USAA card have credit scores in the good credit or excellent credit range.
USAA looks at many factors when evaluating credit card applications. Although your credit score is important, that alone doesn't guarantee an approval or a denial.
You're a USAA member who values quality customer service and bundling your financial products over earning rewards.
While USAA is a highly regarded company, the USAA Rewards Visa Signature Card Review is really only for existing members who want to keep it simple. It's lacking when it comes to the benefits that can save cardholders money on a regular basis, such as rewards or zero-interest offers. You can almost certainly find other credit cards with more to offer.
At The Motley Fool Ascent, we rate credit cards on a five-star scale (1 = poor, 5 = best). Our rating criteria includes rewards rates, welcome bonuses, fees, and perks like travel credits and 0% intro APR offers to evaluate our ratings.
We combine these factors with an evaluation of brand reputation and customer satisfaction to ensure you're getting the best card recommendations. Learn more about how The Ascent rates credit cards.
Our Credit Cards Expert
We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. The Ascent, a Motley Fool service, does not cover all offers on the market. The Ascent has a dedicated team of editors and analysts focused on personal finance, and they follow the same set of publishing standards and editorial integrity while maintaining professional separation from the analysts and editors on other Motley Fool brands.
The Motley Fool owns shares of and recommends Visa.