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  1. Credit Cards
  2. Preferred Cash Rewards Visa Signature®
USAA

Preferred Cash Rewards Visa Signature®

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.

Welcome Offer
$200
Annual Fee
$0
Rec. Credit Score
Good
Good For
Simple everyday cash back
How to ApplyEstimate your value
Preferred Cash Rewards Visa Signature®

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

Is the Preferred Cash Rewards Visa Signature® worth it?

This card is great for...

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.

MaxRewards

MaxRewards Verdict

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

$200

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

Rewards

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.

CategoryRate

Everywhere

1.5%

Benefits

Insurance

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

Other

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

Recommended Minimum Credit

Min: Good
Poor
Fair
Good
Excellent

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

Rates & Fees

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

For rates and fees of Preferred Cash Rewards Visa Signature®, please visit the USAA website.

Table of Contents

Preferred Cash Rewards Visa Signature®

Preferred Cash Rewards Visa Signature®

How to Apply

Opinions, reviews, analyses & recommendations are MaxRewards' alone, and have not been reviewed, endorsed or approved by any of these entities.

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50,000 Points

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After you spend $3,000 on purchases on your new card in your first 3 months of card membership.

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Rec. Credit

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Rec. Credit

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$200

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Annual Fee

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Rec. Credit

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