50,000 Points
Worth $500
After you spend $3,000 on purchases on your new card in your first 3 months of card membership.
- 3%Travel
- 2%Everywhere
Annual Fee
$95
Rec. Credit
Good
This card is built for USAA members who want uncomplicated cash back on every purchase and do not want to track spending categories. It works best as a straightforward everyday card, especially for cardholders who also value a $0 annual fee and no foreign transaction fees.

All information about Preferred Cash Rewards Visa Signature® has been collected independently by MaxRewards. Preferred Cash Rewards Visa Signature® is no longer available through MaxRewards.
Opinions, reviews, analyses & recommendations are MaxRewards' alone, and have not been reviewed, endorsed or approved by any of these entities.
Overview
General daily spending
International purchases
Cell phone bill coverage
The Preferred Cash Rewards Visa Signature is worth it if your priority is simplicity. A flat 1.5% back on everything, no annual fee, and no foreign transaction fee make it easy to keep in regular rotation for everyday purchases and occasional travel abroad.
Its limitation is upside. If you spend heavily in common bonus categories like dining, groceries, or gas, or if you want a stronger flat-rate card, there are cards that can return more. This one makes the most sense for someone who prefers a low-maintenance cash-back card and appreciates the added Visa Signature protections, especially cell phone protection and a solid set of travel coverages.

A sensible pick for USAA members who want one card for steady everyday cash back without extra rules. If maximizing rewards is your goal, the flat 1.5% rate is the main reason to look elsewhere.
Welcome Offer
after you spend $1,000 on purchases on your new card in your first 3 months of card membership.
Est. Value
$200
Required Spend
$1,000
Time Frame
3 Months
Est. Value
$200
Required Spend
$1,000
Time Frame
3 Months
Earning
The rewards setup here is simple: every eligible purchase earns 1.5% cash back. That makes this card easy to use, but it is more about consistency than chasing higher returns in specific categories.
Everywhere
Benefits
Cell Phone Protection
If your eligible phone is stolen or damaged, you can be reimbursed up to $500 when you pay your monthly cell phone bill using your USAA Bank credit card.
Auto Rental Collision Damage Waiver
Get built-in car rental coverage worldwide on rentals up to 31 days when you reserve and pay for your rental car with your USAA Bank credit card. To be eligible, decline the collision damage waiver coverage offered by the rental agency. In your country of residence, this coverage is secondary to any other insurance or coverage available to you.
Travel Accident Insurance
When you purchase your travel ticket with your USAA Bank credit card, you’re eligible to receive coverage for loss of life or limb. This coverage applies to air travel, ferry, cruise ship, train or bus transportation.
Baggage Delay Reimbursement
If your checked baggage is delayed, you can be reimbursed up to $100 a day, for up to 3 days. Get the essentials you need like clothing and toiletries while waiting for your bags to arrive. To be eligible, pay for your passenger fare with your USAA Bank credit card and report delayed baggage to your common carrier and begin their claim process.
Extended Warranty Protection
This extends the time period of the U.S. manufacturer’s warranty, up to an additional year, on items purchased with your USAA Bank credit card.
Benefits
Purchase Security
This protects your new purchases against theft or damage for 90 days after you buy them with a USAA Bank credit card or with USAA Rewards. It can replace, repair or reimburse you up to $1,000 per claim and up to $10,000 per cardholder.
Trip Cancellation and Interruption
You’re covered for up to $1,500 per covered person, for non-refundable prepaid passenger fare, when your travel is interrupted or canceled. This coverage is available when you buy your ticket with your USAA Bank credit card.
Eligibility
Good credit or higher is recommended for this card.
Credit approval is not guaranteed. Meeting the recommended credit range does not ensure approval, and applicants with lower scores may still be considered.
Pricing
Annual Fee
$0
Purchase APR
15.40% - 27.40%
Variable
Transfer APR
15.40% - 27.40%
Variable
Cash Advance APR
27.40%
Variable
Foreign Transaction Fee
None
Balance Transfer
$0.05
Cash Advance
$0.05
Late Payment
$35
Return Payment
$35
Opinions, reviews, analyses & recommendations are MaxRewards' alone, and have not been reviewed, endorsed or approved by any of these entities.
50,000 Points
Worth $500
After you spend $3,000 on purchases on your new card in your first 3 months of card membership.
Annual Fee
$95
Rec. Credit
Good
$200
After you spend $1,000 on purchases on your new card in your first 3 months of card membership.
Annual Fee
$0
Rec. Credit
Good
$200
After you spend $1,000 on purchases on your new card in your first 3 months of card membership.
Annual Fee
$0
Rec. Credit
Good