USAA Secured American Express® Credit Card Review

USAA Secured American Express® Credit Card is a secured credit card credit card issued by USAA. 

Secured cards are credit cards that require a refundable deposit before you qualify for a line of credit. These cards are often used to build the credit of consumers with with poor credit or little credit history.

This card is designed for people who have bad credit. The minimum credit score to apply is 350.

This card has a minimum credit limit of $250 to $5,000 (the credit limit is equal to the deposit amount).

If you're wondering whether USAA Secured American Express® Credit Card is the right card for you, read on. This is everything you need to know to make a good choice.

Is there a USAA Secured American Express® Credit Card cash back or rewards program?

No, USAA Secured American Express® Credit Card does not offer a rewards program.

USAA Secured American Express® Credit Card Rewards

Rewards rate (all purchases)	N/A
Max rewards rate	N/A
Annual rewards limit	N/A
Signup Bonus ($)	N/A

What are the USAA Secured American Express® Credit Card benefits?

USAA Secured American Express® Credit Card provides the following benefits:

• Free Credit Score
• Auto Rental Collision Damage Waiver
• Emergency Support
• Extended Warranty Protection
• Trip Cancellation Insurance
• Fraud Liability
• Price Protection
• Travel Accident Insurance
• Travel Assistance
• ID Theft Protection
• Reports to major credit bureaus

What are the relevant APRs for USAA Secured American Express® Credit Card?

USAA Secured American Express® Credit Card has a variable purchase APR that ranges from 11.4% up to 21.4%. The card has a variable balance transfer APR that ranges from 11.15% up to 21.15%.

It also has a variable cash advance APR that ranges from 11.4% up to 21.4%.

USAA Secured American Express® Credit Card Balance Transfers

Description
Balance Transfer APR	11.15% - 21.15%
Introductory Rate	N/A
Intro APR period (months)	N/A

USAA Secured American Express® Credit Card Rates & Terms

Description
Balance Computation	Average daily balance (including new purchases)
Purchase APR	11.4% - 21.4%
Credit Limit	$250 to $5,000 (the credit limit is equal to the deposit amount)
Penalty APR	N/A
Cash Advance APR	11.4% - 21.4%
Introductory Rate	N/A
Intro APR period (months)	N/A

What are the USAA Secured American Express® Credit Card fees?

The following fees apply to USAA Secured American Express® Credit Card:

• There is no overlimit fee

USAA Secured American Express® Credit Card Fees

Fees	Amount
Annual Fee	$35
Overlimit Fee	$0
Foreign Transaction Fee	0%
Balance Transfer Fee	3%
Returned Payment Fee	$35
Late Payment Fee	$35

Does USAA Secured American Express® Credit Card report your account activity to credit bureaus?

USAA Secured American Express® Credit 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 can help improve your credit score.

How to apply for USAA Secured American Express® Credit Card

• Visit the USAA website.
• Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, annual income, and source of employment.
• Check the information is accurate and submit your application.
• If you're denied click here to find out why your application may have been rejected and what you can do about it.

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.