Congrats on your approval and thats a very nice CL!
When you say you joined them does that mean you had to open a savings/checking account? Sorry couldnt help with your question about the apr lowering, i have no experiece with USAA.
Congrats on the approval! By chance what # did you call to join? I wouldnt mind trying it out if I dont have open a savings/checking account. Thanks!
Congrats on the card. Just make sure that you PIF every month and then you will not have to worry about the APR.
The lowest rates are reserved for full USAA members. I'm not sure what their lowest available APR is for "lite" members, but it will be higher.
Lowest APR for full members currently is 8.9% variable.
PenFed has a rate over 13%, so this may not be abnormally high for your situation with USAA. Let us know if you manage to get a reduction.
The lowest APR for lite member is 10.9%. with no rewards. OP got a nice CL after he joined without opening checking and savings account. The APR is a little higher compared to full member. I couldn't get approved after I joined last year. I had to wait for almost a year to qualify for the credit card.
USAA places a lot of emphasis on membership as well as on the "depth of relationship" which means multiple products.
I wonder if the OP had opened a checking/savings if this would have affected the APR at all?