USAA Rewards™ American Express® Card Review

USAA Rewards™ American Express® Card is a rewards credit card issued by USAA. If you're wondering whether USAA Rewards™ American Express® Card is the right card for you, read on. This is everything you need to know to make a good choice.

• Generous reward rate. You will get a rewards rate of up to 3 points per dollar spent.
• Signup bonus. Offers a signup bonus of 2500 points that can be redeemed for travel, gifts, or other perks.
• Competitive APRs. USAA Rewards™ American Express® Card has a variable purchase APR that ranges from 9.9% up to 25.9%.
• No annual fee*. This is a great option for people looking for a low-maintenance rewards card. It gives you rewards on your purchases, but you don't have to pay an annual fee for the privilege.
• 3% Balance transfer fee. USAA Rewards™ American Express® Card charges a fee of up to 3% on balance transfers. For example, a balance of $1,000 could cost up to $30 in transfer fees.
• No foreign transaction fee. This card does not charge a fee when you make a purchase that passes through a foreign bank, or is in a currency other than the U.S. dollar (USD), which makes it a great credit card to carry when traveling abroad.
• Multiple credit card benefits. Includes generous credit card perks, such as price protection, and fraud protection.
• Good or better credit required. You should probably try with another card if your credit score is below 700.

The Good	The Bad
Lower than average purchase APRs. No annual fee. Multiple credit card perks. No foreign transaction fee. Cardholders can earn rewards on their purchases. USAA Rewards™ American Express® Card reports to multiple credit bureaus.	Requires good to excellent credit. Charges a 3% balance transfer fee.

Is there a USAA Rewards™ American Express® Card cash back or rewards program?

USAA Rewards™ American Express® Card offers a rewards program to its customers.

USAA Rewards™ American Express® Card Rewards

Minimum rewards rate	1x
Max rewards rate	3x
Annual rewards limit	N/A
Signup Bonus (Points/Miles)	2500

What are the USAA Rewards™ American Express® Card benefits?

USAA Rewards™ American Express® Card provides the following benefits:

• Price Protection
• ID Theft Protection
• Reports to major credit bureaus

What are the relevant APRs for USAA Rewards™ American Express® Card?

According to the Federal Reserve Board, the average interest rate is 15% for all credit cards and 17% for accounts that carry a balance. USAA Rewards™ American Express® Card has lower than average purchase APRs.

USAA Rewards™ American Express® Card has a variable purchase APR that ranges from 9.9% up to 25.9%. The card has a variable balance transfer APR that ranges from 9.9% up to 25.9%. It also has a variable cash advance APR that ranges from 9.9% up to 25.9%.

What are the fees for USAA Rewards™ American Express® Card?

The following fees apply to USAA Rewards™ American Express® Card:

• There is no overlimit fee

USAA Rewards™ American Express® Card Fees

Fees	Amount
Annual Fee	$0
Overlimit Fee	$0
Foreign Transaction Fee	0%
Returned Payment Fee	$35
Late Payment Fee	$35

Does USAA Rewards™ American Express® Card report your account activity to credit bureaus?

Yes, USAA Rewards™ American Express® Card reports your account activity to the following credit reporting agencies:

• Equifax
• Experian
• Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help improve your credit.

How to apply for USAA Rewards™ American Express® Card

• Visit the USAA Rewards™ American Express® Card website.
• Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
• Check the information is accurate and submit your application.

If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.