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Helpful Advice re: USAA Balance Transfers

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Helpful Advice re: USAA Balance Transfers

USAA charges a 3% fee on balance transfers. They also charge a 3% fee on cash advances. This is unhappy. 

 

 

They do NOT, however, charge any sort of fee for a transfer from a USAA credit card to a USAA checking or savings account, and these transfers are at the same rate as purchases. 

 

 

SO ... Anyone contemplating doing a balance transfer to a USAA card:

 

 

Advance the funds to your USAA checking account, then use that checking account to just pay off the other cards normally. Presto, free balance transfer!

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