USAA Secured Visa Platinum® Credit Card

USAA Secured Visa Platinum® Credit Card Review

USAA Secured Visa Platinum® Credit Card is no longer available to new customers on SuperMoney. Click here to compare Credit Cards and quickly find the best options for your needs.

This is a secured credit card card issued by USAA. If you're wondering whether USAA Secured Visa Platinum® Credit Card is the right card for you, read on.

Key Takeaways

• Competitive APRs. USAA Secured Visa Platinum® Credit Card has a variable purchase APR that ranges from 11.4% up to 21.4%.
• 3% Balance transfer fee. USAA Secured Visa Platinum® Credit Card charges a fee of 3% on balance transfers. For example, a balance of $1,000 could cost $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.
• Secured card. This card requires a refundable deposit before you qualify for a line of credit. These cards are often used to improve the credit of people with poor credit or little credit history.
• Multiple credit card benefits. Includes generous credit card perks, such as Auto Rental Collision Damage Waiver, emergency support, extended warranty protection on purchases, identity theft protection, price protection, travel accident insurance, travel assistance, trip cancellation and interruption protection, and fraud protection.
• Poor credit accepted. This card will consider people who have bad credit. Even if you have poor credit, you may still have relatively good approval odds.

Pros & Cons of USAA Secured Visa Platinum® Credit Card

The Good

The Bad

Potentially lower than average purchase APRs. Multiple credit card perks. Offers Auto Rental Collision Damage Waiver. Extended warranty and price protection on purchases. Free access to your credit score. Identity Theft Protection. Travel accident and travel assistance insurance. Trip Cancellation and Interruption Protection. Considers applicants with fair credit. No foreign transaction fee. USAA Secured Visa Platinum® Credit Card reports to multiple credit bureaus.

Charges an annual fee of $35 Does not offer a signup bonus. Does not offer rewards or cash back. You don't earn rewards on every purchase. Charges a 3% balance transfer fee

USAA Secured Visa Platinum® Credit Card FAQ

Does USAA Secured Visa Platinum® Credit Card have a cash back or rewards program?

No, it does not offer a rewards program.

What are the USAA Secured Visa Platinum® Credit Card benefits?

It provides the following benefits:

• Free Credit Score
• Auto Rental Collision Damage Waiver
• Emergency Support
• Extended Warranty Protection
• Trip Cancellation Insurance
• Zero fraud liability
• Price Protection
• Travel Accident Insurance
• Travel Assistance
• Reports to major credit bureaus

What are the relevant APRs for USAA Secured Visa Platinum® Credit Card?

According to the Federal Reserve Board, the average regular APR is 15% for all credit cards and 17% for accounts that carry a balance. This card has lower than average regular APRs.

USAA Secured Visa Platinum® 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%.

What are the fees for USAA Secured Visa Platinum® Credit Card?

The following fees apply:

• There is no overlimit fee

USAA Secured Visa Platinum® Credit Card Fees

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

This card charges a $35 annual fee.

Does USAA Secured Visa Platinum® Credit Card report your account activity to credit bureaus?

Yes, USAA Secured Visa Platinum® 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 may help improve your credit.

How to apply for USAA Secured Visa Platinum® Credit Card

• Visit the USAA Secured Visa Platinum® Credit 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.