USAA Rate Advantage Visa® Platinum Credit Card
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The USAA Rate Advantage Visa® Platinum Credit Card is a potentially low-interest card designed for those who carry a balance. There are no rewards and no welcome offer. There is a 0% introductory APR on balance transfers for the first 15 months. However, there is also a balance transfer fee, which is on the high side. Keep in mind that only those with excellent credit will qualify for the best rate, and if you have excellent credit, there are better options available. You must qualify for membership with USAA as well. We dive into the details and your approval odds in this USAA Rate Advantage review.
Our Rating
3.5/5.0
Welcome Offer
N/a
Annual Fee
$0
0% Intro on Purchases
None
Reward Rate
N/A
0% Intro on Balance Transfers
15 months
Editorial Review
Features & Benefits
| Security | EMV Chip Enabled, Zero Liability, Alerts |
| Contactless Payments | Tap to Pay, Apple Pay, Google Pay, Samsung Pay |
| Benefits | Extended Warranty Coverage, 24/7 customer service |
| Travel Perks | Auto Rental Collision Damage Waiver, Luggage Protection, Travel Accident Insurance, Trip Cancellation Insurance |
Rewards
Interest Rates & Fees
| Annual Fee | $0 |
| Foreign Transaction Fee | None |
| Regular APR | 12.15% to 26.15% (V) APR |
| Balance Transfers | 0% Intro APR for 15 months on balance transfers, then 12.15% to 26.15%(V) APR after that. |
| Balance Transfer Fee | 5% of the amount of each balance transfer |
Insurance
Trip Cancellation and Interruption Insurance
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.
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.
Car Rental Loss and Damage Insurance
Reserve and pay for your rental car with your credit card to get 31 days of protection worldwide. Save money by saying no at the counter — rent with your covered USAA credit card and get built-in auto rental coverage.
When you use your USAA credit card to rent a vehicle, you’ll get built-in Auto Rental Coverage. You’re covered for physical damage, theft, reasonable and customary towing and loss-of-use charges. Decline the collision damage waiver coverage offered by the rental agency and make sure your name is listed as the primary renter on the auto rental contract. Any additional drivers must also be listed on the auto rental agreement.
What Credit Score Is Required to Get the USAA Rate Advantage Visa® Platinum Credit 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 numerous factors in their underwriting process, and these factors can change at any time.
Lowest Approved Credit Score: 736
Average Approved Credit Score: 760
| App Status | Date | Credit Score | Bureau | Credit Limit |
|---|---|---|---|---|
| Approved | 11/09/2023 | Experian | ||
| Approved | 11/09/2023 | Experian | ||
| Approved | 11/09/2023 | TransUnion | ||
| Approved | 11/09/2023 | Equifax | ||
| Approved | 02/24/2023 | Experian |
Pros & Cons
- No annual fee
- No foreign transaction fee
- Potentially low interest rate
- No welcome bonus
- No rewards
What Are the Best Alternatives?
Wells Fargo Reflect® Card
Rating
4.5
Rewards Range
N/A
Annual Fee
$0
Citi® Double Cash Card
Rating
4.9
Rewards Range
1% to 2%
Annual Fee
$0
Capital One SavorOne Cash Rewards Credit Card
Rating
4.5
Rewards Range
1% -10%
Annual Fee
$0