Friday, August 2, 2019

USAA Rate Advantage Visa Platinum card review

Review Summary: Credit cards can be tough to manage for some military families. Between deployments, moves to a new base and other common military challenges, credit cards might slip to back of mind quickly.

With the USAA Rate Advantage Visa Platinum card, you won’t have much to worry about.

As a Visa Platinum cardholder, you get plenty of value in return. As a military member or military family, you know USAA has your best interests in mind.

If you are in the military or a veteran, you should seriously consider this low-cost card.

Pros

Cons

  • No annual fee or foreign transaction fees
  • Lowest interest rate available from USAA
  • No penalty APR
  • Balance transfer and cash advance fees up to 3%
  • No cash back or travel rewards

How the USAA Rate Advantage Visa Platinum credit card works

Credit card overview

The USAA Rate Advantage Visa Platinum card is a great low-cost card designed primarily for military and veteran families.

It offers the lowest interest rates you can get from a USAA credit card with no annual fee and no foreign transaction fees.

The card is filled with useful benefits, including a special lower Deployment/PCS (Permanent Change of Station) interest rates and SCRA (Servicemembers Civil Relief Act) interest rates exclusively designed for the military.

With no foreign transaction fees and a security chip, you know you can use the card wherever your service takes you and your family can swipe and dip the card with ease on- or off-base.

There is no miles, points, or cash back benefit reward program for this card. It is all about keeping costs and fees low for military members and veterans like you.

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