USAA Preferred Cash Rewards Visa Card
- Annual Fee
- $0
- cash back · Welcome Bonus
- $200
Terms checked against the issuer on November 3, 2026
At a Glance
- Annual Fee
- $0
- Foreign Transaction Fee
- $0
- Network
- Visa Signature
- Rewards Currency
- Cash
- Point Valuation
- 1¢ (cash back)
- Credit Required
- Good to Excellent
Welcome Offer
Bonus: $200 cash back
Spend: $1,000
Period: 3 months
Earning Rates
- 1.5%
All Other
1.5% cash back on all other purchases
Benefits & Perks
Insurance & Protections
8 protections$500 cell phone protection
$500
When you charge your monthly cell phone bill to your USAA credit card, you can be reimbursed up to $500, in the event your eligible cell phone is
Baggage Delay Reimbursement
$100
If your checked baggage is delayed, you can be reimbursed up to $100 a day, for up to three days. Get the essentials you need such as clothing or
Auto rental CDW
secondary
Reserve and pay for your rental car with your credit card to get 31 days of protection worldwide. Save money by saying no at the counter — rent with
$15,000 Extended Warranty Protection
secondary
Extends your manufacturer's warranty by up to a year, up to $15,000 per claim and $50,000 per account.
Travel and Emergency Assistance
If you experience an illness or emergency, while traveling or working anywhere in the world, call the benefits center for help, 24/7. You can also
Show all 8 protectionsShow fewer protections
Trip Cancellation and Interruption
$1,500
secondary
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
Purchase Security
Safeguard your new item against theft or damage for the first 90 days from the date of purchase with Purchase Security available when you pay with
$500,000 Travel Accident Insurance
Coverage for loss of life or limb up to $500,000 when you buy your travel ticket with your card.
Reviews & Analysis
Pros and Cons
Pros
- +No annual fee
- +Unlimited 1.5% cash back on all purchases, no category restrictions
- +No foreign transaction fee
- +$200 welcome bonus after $1,000 spend requirement
Cons
- -Limited to USAA membership and military/veteran eligibility
- -1.5% flat rate is lower than premium cash back cards (2%+)
- -Requires dual eligibility (military/veteran status AND USAA membership)
- -Limited to military-specific use cases
Who It's Best For
Best For
- Active military, veterans, and military families with USAA membership
- Consumers wanting straightforward flat-rate cash back without category management
- Military members seeking rewards without premium annual fees
Not Ideal For
- Non-military or non-eligible consumers (requires military/veteran status)
- Those without USAA membership (dual requirement for eligibility)
- Those seeking elevated bonus categories (flat 1.5% card)
- Consumers prioritizing premium travel perks or lounge access
The Math: Is $0 Worth It?
First-year value includes $200 welcome bonus
Credit Utilization (60%)
Excludes earning value, lounge access, insurance, and elite status
Total Value Captured
$0
Annual Fee
-$0
Net Annual Value
+$0
Details & Terms
Payment Terms
| Purchase APR | 15.4%–27.4% (Variable) |
| Cash Advance APR | 18% (Variable) |
| Foreign Transaction Fee | $0 |
Card Family
Usaa Rewards family
| Card | Tier | Annual Fee | Note |
|---|---|---|---|
| Usaa Rate Advantage | entry | — |
Media & Resources
Evidence Sources
| Source | Verified | Citation |
|---|---|---|
| Usaa Official | — | Usaa Official |
| RewardsCC API | — | RewardsCC API |
| Issuer Page | Issuer Page: Multiple card facts | |
| Issuer Page | Issuer Page: Apr | |
| Issuer Page | Issuer Page: Apr | |
| Issuer Page | Issuer Page: Welcome offer | |
| Issuer Page | Issuer Page: Welcome offer | |
| Issuer Page | Issuer Page | |
| Issuer Page | Issuer Page: Welcome offer |