The USAA Military Affiliate Credit Card is a popular credit card option for members of the military and their families. It provides competitive rates, rewards programs, and other benefits that make it attractive to those in the armed forces. This review will discuss the features, advantages and disadvantages of using this particular credit card.
The USAA Military Affiliate Credit Card has one of the lowest interest rates among major credit cards. This can be beneficial to people who may need to carry balances on their accounts from month-to-month due to unforeseen circumstances or limited income during deployment periods. Additionally, there are no foreign transaction fees associated with this credit card which makes it an ideal choice for those traveling overseas on military business or vacationing abroad with family.
This review will also look at some of the additional benefits available with this credit card such as cashback bonuses, discounts on car rentals and travel expenses, as well as insurance coverage for lost luggage and emergency medical assistance while traveling. Furthermore, customers have access to round-the-clock customer service support should any problems arise during use of the USAA Military Affiliate Credit Card. All these features taken together provide a compelling reason why many members of the military choose this particular financial product when managing their finances.
Eligibility Requirements
USAA Military Affiliate Credit Card is available to the members of US Armed Forces and their families. Eligibility requirements include active duty military, veterans who have served in any branch of the United States military, service academy cadets, midshipmen of the U.S. Naval Academy and National Guard/Reserve members who are currently serving on active duty or drilling status. Applicants must also be 18 years old or older with a valid Social Security Number (SSN).
In addition to eligibility requirements, applicants should meet certain financial criteria such as having an income that meets the current minimum required amount for credit card approval by USAA Bank. Furthermore, they need to show proof of good credit history which includes no bankruptcies within two years prior to application date and no recent delinquent payments on existing accounts. This ensures that those applying for this credit card will be able to make timely payments on the account once approved.
Card Benefits
The USAA Military Affiliate Credit Card offers cardholders a range of benefits. These include an introductory APR of 0% for the first 12 months, followed by a variable rate between 13.15% and 24.15%. There is no annual fee and all purchases are eligible for cashback rewards that can be used towards future statement credits or deposited into USAA Savings Accounts. Other advantages include access to military support services such as free financial counseling, identity theft protection, travel insurance coverage, fraud monitoring, roadside assistance and more.
In addition, members may take advantage of exclusive discounts on everyday purchases from select merchants with their affiliated program. All these features make this credit card ideal for those who wish to save money while enjoying the convenience of having a secure payment method available at any time.
Fees And Charges
The fees and charges associated with the USAA Military Affiliate Credit Card are relatively standard for a credit card. An annual fee of $35 is applicable, along with a variable APR between 14.6% – 25%. Cash advances have an additional charge, as well as any late payments or returned payments; these will each be assessed at up to $28. International transaction fees also apply when using the card outside the United States. Balance transfers may incur either a flat rate or a percentage-based fee depending on whether they qualify under promotional offers available on occasion. Additionally, there is no penalty APR assessment should payment deadlines be missed.
Overall, the USAA Military Affiliate Credit Card provides competitive rates and fees relative to other industry providers, making it an attractive option for members of the military community looking to take advantage of rewards programs or access funds in case of emergency while stationed abroad.
Rewards Program
The USAA Military Affiliate Credit Card offers rewards for spending on everyday purchases. Customers will earn 1 point per dollar spent and receive a 3% bonus on all gas and supermarket purchases, as well as 2 points per dollar spent at military exchanges. Points can be redeemed for cash back, travel credits, merchandise, gift cards, charitable donations, or other account credits. Additionally, customers who spend more than $2,500 in a billing cycle are eligible to enroll in the Preferred Rewards program which allows them to earn up to 10 points per dollar when they use their credit card.
Customers also have access to exclusive benefits including concierge services and discounts at certain retailers when they use their USAA Military Affiliate Credit Card. These special perks provide customers with an enhanced experience while shopping with their card.
Security Features
Moving on from its rewards program, USAA’s Military Affiliate Credit Card also offers a host of security features to ensure customer safety. This includes:
- Enhanced fraud protection through the 3-digit code and chip technology found in most credit cards today.
- Round-the-clock monitoring for suspicious activity.
- Ability to lock or unlock one’s card quickly and easily with just a few clicks.
- Freeze lost or stolen cards instantly without having to call the bank.
- Emergency cash advances when needed.
In addition, customers are provided with additional online tools such as account alerts which can be set up to notify them of any changes made to their accounts. The company also provides an extensive Knowledge Centre filled with helpful information regarding identity theft prevention and account management best practices. All these measures help provide peace of mind that personal data is secure while using this card.
Customer Service
USAA’s Military Affiliate Credit Card offers excellent customer service. The company has a dedicated website and 24-hour hotline that customers can access for assistance with their accounts, queries or to make payments. Customer inquiries are answered by knowledgeable experts who provide prompt responses. USAA also provides an online chat feature which allows customers to talk directly with its representatives. This enables customers to receive immediate help and answers to their questions without having to wait on hold.
Additionally, the company’s app is designed in such a way that it makes it easy for users to manage their credit card account from any location at any time of day. Customers can use this app to check balances, view transactions and make payments as well as report fraud or loss of cards quickly and easily. All these features allow USAA’s Military Affiliate Credit Card holders to enjoy fast and convenient customer service support whenever they need it.
Conclusion
The USAA Military Affiliate Credit Card is a great option for those looking to benefit from the unique advantages offered by an affinity card. Eligibility requirements are very straightforward, and card benefits include competitive interest rates, no annual fee, and numerous cash-back rewards. The fees and charges associated with this credit card are reasonable compared to other cards in its class, while the rewards program provides excellent value that can be tailored according to individual needs. Security features have been implemented to ensure customers’ data remains secure at all times, with customer service also being of top quality.
It is evident that this credit card offers many desirable features which make it suitable for military affiliates. It has competitive interest rates, generous rewards programs and comprehensive security measures, as well as offering excellent customer service when required. As such, it is clear why the USAA Military Affiliate Credit Card could prove beneficial for both current members of the armed forces or veterans seeking a reliable financial solution.