USAA Rate Advantage Visa Platinum Card review |

USAA® Rate Advantage Visa Platinum® Card review — January 2019

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USAA® Rate Advantage Visa Platinum® Card

A low-APR credit card for military personnel and their families.

30-seconds take

  • Get this card if you’re affiliated with the military and you want to pay low APR on your balances.
  • Pick something else if you want cash back or an intro APR period.
  • Apply with a good to excellent credit score of 680 or higher.
Product NameUSAA® Rate Advantage Visa Platinum® Card
Card TypeVisa
Annual Fee$0
APR (Annual Percentage Rate) for Purchases8.90% to 25.90% variable
Introductory Purchase APR


Balance Transfer APR8.90% to 25.90% variable
Introductory Balance Transfer APR


Balance Transfer Fee3%
Cash Advance Rate8.9% to 25.9% variable
Foreign Transaction FeeNone
Cash Advance Fee3% of the cash advance amount
Cash Advance Fee Descriptionmaximum fee: $200
Interest Free PeriodUp to 25 days
Late Payment FeeUp to $35
Returned Payment FeeUp to $35
Additional Cardholder Fee$0
Minimum Age18 years of age

The basics

Military service members and their family can enjoy this low-APR credit card. Military members can get even lower APR on all balances for a certain period of time during deployment or permanent change of station.

In addition, all cardholders can take advantage of shopping, insurance and identity-protection benefits.

The perks

  • Special benefits for military service members.

    Military service members enjoy a 4% interest rate for up to 12 months on all balances during deployment or permanent change of station. Also, if you have a balance when you enter active duty, your rate drops to 4% on that balance until one year after your active duty ends.

  • Relatively low APR.

    Depending on your creditworthiness, you’ll get an APR of 8.90% to 25.90% variable. This rate applies to purchases, balance transfers and cash advances.

  • No annual fee.

    There’s no annual fee to keep this card.

  • No foreign transaction fee.

    You can use your card outside of the US without accruing any additional fees.

You’ll also like …

  • No penalty APR.

    Your APR won’t be raised because a payment fails or you’re late.

  • Mobile wallet.

    Add your card to your smartphone and simplify your payments using Apple Pay, Google Pay or Samsung Pay.

  • Rental car insurance.

    If you rent a vehicle with your card for 15 or fewer consecutive days you can receive rental vehicle insurance covering physical damage and theft.

  • Shopping benefits with your card.

    This card includes price protection and extended warranties on products you purchase. You also get Satisfaction Guarantee Coverage, which allows you to refund payment for products up to $250.

What to watch out for

  • No grace period for balance transfers and cash advances.

    Take note that you’ll accrue interest immediately if you take out a cash advance or initiate a balance transfer.

  • No intro APR period.

    The card doesn’t come with an intro APR period on purchases or balance transfers. But some card members report they received offers for an intro APR period that lasts up to 18 months.

  • Only for members of the military and their family members.

    To qualify for the card, you need to be an active military member, a veteran who was honorably discharged or an eligible military family member.

What should I know before I apply?

To apply for the card, you must be a member of the military, a veteran who was honorably discharged or an eligible family member of military personnel. You must also be:

  • A US citizen or permanent resident
  • At least 18 years old

In your application form, you must provide your:

  • Full name and residential address
  • Marital status and birthdate
  • Contact information
  • Proof of employment and income

Bottom line

If you or your family are affiliated with the military and you’re looking for a low-APR credit card without an annual fee, the USAA® Rate Advantage Visa Platinum® Card could be a good choice.

But if you think there could be a better card for you, check out other low interest rate credit cards and compare your options.

Frequently asked questions

Megan Horner

As the assistant publisher of credit cards at, Megan is passionate about helping you compare and find the best credit cards for your situation, whether that is earning great rewards or improving your credit score. In her previous position, Megan worked as an assigning editor at Credit Karma, where she focused on editing and publishing educational articles on credit cards. Megan started her career as a writer at a comparison website, so she has a longstanding background in surfacing the best deals and helping people make decisions. In her spare time, Megan likes to hike, camp, surf, and read.

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