USAA® Preferred Cash Rewards Visa Signature® Card

The USAA® Preferred Cash Rewards Visa Signature® Card is a cash back rewards card for current and former military members and their families. It offers 1.5% cash back on all purchases and a 0% APR on purchases for 15 months, which is great if you’re looking to make a large purchase.

This card offers great travel perks and benefits but there are many other cards out there that earn better rewards. We dive into the details and your approval odds in this USAA Preferred Cash review.

USAA Preferred Cash Rewards Visa Signature Card

Our Rating

4.2/5.0

Welcome Offer

N/a

Annual Fee

$0

0% on Purchases

15 months

Reward Rate

1.5% cash back

0% on Balance Transfers

N/a

Welcome Offer

None

Features & Benefits

SecurityEMV Chip Enabled, Zero Liability, Alerts
Contactless PaymentsTap to Pay, Apple Pay, Google Pay, Samsung Pay
BenefitsCell Phone Protection, Extended Warranty Coverage, Purchase Protection, 24/7 customer service
Travel PerksAuto Rental Collision Damage Waiver, Concierge Services, Emergency Travel Assistance, Luggage Protection, Travel Accident Insurance, Trip Cancellation Insurance

Rewards

1.5% cash back
All eligible purchases
Earn unlimited 1.5% cash back on purchases, no category restrictions, no caps on cash back.

Interest Rates & Fees

Annual Fee$0
Foreign Transaction FeeNone
Regular APR17.15% to 31.15% (V) APR
Purchases0% Intro APR for 15 months on purchases, then 17.15% to 31.15% (V) APR after that.

Insurance

Trip Cancellation and Interruption Insurance

You’re covered for up to $1,500 per covered person, for non-refundable prepaid passenger fare, when your travel is interrupted or canceled. This coverage is available when you buy your ticket with your card. If your travel is canceled or interrupted, you may be reimbursed for your non-refundable prepaid passenger fare. The cancellation must be due to a covered reason, such as an illness or accident affecting you or another family member that prevents you from traveling, or a change in military orders. See Credit Card Benefits Guide.

Cell Phone Insurance

When you charge your monthly cell phone bill to your USAA credit card, you can be reimbursed up to $500, in the event your eligible cell phone is stolen or damaged.

This benefit is available if you are a valid cardholder of an eligible U.S. issued card enrolled in the Cellular Telephone Protection benefit and you charge your monthly cellular wireless phone bills to your eligible card for the billing cycle before the month in which the incident occurs.

See Credit Card Benefits Guide.

Extended Warranty

Extends the time period of the U.S. manufacturer’s warranty on items purchased with your card. Get up to an additional year of coverage.

With this protection, you can extend an original manufacturer’s warranty of three years or less, up to one additional year. Plus, no more hunting through your file drawers for warranties and receipts. Simply register your products to keep your information handy.

See Credit Card Benefits Guide.

Purchase Protection

Safeguard your new item against theft or damage for the first 90 days from the date of purchase with Purchase Security available when you pay with your eligible account.

Purchase Security protects new retail purchases made with your eligible credit card and/or rewards program associated with your covered credit card within the first 90 days from the date of purchase. This benefit replaces, repairs, or reimburses you up to $1,000 per claim and $10,000 per cardholder in the event of theft or damage.

See Credit Card Benefits Guide.

Lost Baggage Insurance

If your checked baggage is delayed, you can be reimbursed up to $100 a day, for up to three days. Get the essentials you need such as clothing or toiletries while waiting for your baggage to arrive.

You may be reimbursed for the essential items you buy when your baggage is delayed for four or more hours. Covered items include toiletries, clothing and device chargers. To be eligible, pay for your passenger fare with your credit card and report delayed baggage to your travel supplier.

See Credit Card Benefits Guide.

What Credit Score Is Required to Get the USAA® Preferred Cash Rewards Visa Signature® Card

The following credit score data are based on publicly available information we have collected from various forums. We have no way to confirm the accuracy of this data. In addition, keep in mind that credit card issuers use a number of factors in their underwriting process, and these factors can change at any time.

App StatusDateCredit ScoreBureauCredit Limit
Approved11/01/2021
645
TransUnion
$15,000
Approved11/01/2021
745
Experian
$15,000
Approved01/28/2021
777
TransUnion
$6,000

Pros & Cons

Pros
  • No annual fee
  • No foreign transaction fee
  • 1.5% cash back on all purchases
Cons
  • No welcome bonus
  • High APR

What Are the Best Alternatives?

Wells Fargo Active Cash® Card
Wells Fargo Active Cash® Card

Rating

4.9

Rewards Range

2%

Annual Fee

$0

Alliant Cashback Visa® Signature Credit Card
Alliant Cashback Visa® Signature Credit Card

Rating

4.7

Rewards Range

1.5-2.5%

Annual Fee

$0

Chase Freedom Unlimited®
Chase Freedom Unlimited®

Rating

4.9

Rewards Range

1.5% - 5%

Annual Fee

$0

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