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Regular Contributor
konabill
Posts: 118
Registered: ‎12-09-2009
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USAA Platinum upgrade to world possible?

  I've had my USAA Platinum Mastercard for about  1.5 years with a APR of 16.9%   It has a zero balance.  My USAA World Mastercard has $18k limit with 8.9% interest.  

         I use the World card and never use the Platinum due to the difference in interest rates.   At last to get to the question.........Will USAA upgrade the Platinum card to a product with a better interest rate WITHOUT applying for a new card.  A hard pull before UPGRADE will be fine if that is required.  Anyone have success with this previously??????




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*USAA*PENFED*NFCU*AMEX*DISCOVER*CiTi*WALMART*BESTBUY*
Senior Contributor
O6
Posts: 3,626
Registered: ‎10-13-2009
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Re: USAA Platinum upgrade to world possible?


konabill wrote:

  I've had my USAA Platinum Mastercard for about  1.5 years with a APR of 16.9%   It has a zero balance.  My USAA World Mastercard has $18k limit with 8.9% interest.  

         I use the World card and never use the Platinum due to the difference in interest rates.   At last to get to the question.........Will USAA upgrade the Platinum card to a product with a better interest rate WITHOUT applying for a new card.  A hard pull before UPGRADE will be fine if that is required.  Anyone have success with this previously??????


With USAA it is the actual credit limit that determines whether your MasterCard is a World MC or a Platinum MC.

 

If you call in and get a successful credit limit increase to $5k or more on your Platinum, they will change it to World.  You can always redistribute credit limits between USAA credit cards to achieve the same goal if you want, also.

IAALBNYL
Regular Contributor
konabill
Posts: 118
Registered: ‎12-09-2009
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Re: USAA Platinum upgrade to world possible?


O6 wrote:

konabill wrote:

  I've had my USAA Platinum Mastercard for about  1.5 years with a APR of 16.9%   It has a zero balance.  My USAA World Mastercard has $18k limit with 8.9% interest.  

         I use the World card and never use the Platinum due to the difference in interest rates.   At last to get to the question.........Will USAA upgrade the Platinum card to a product with a better interest rate WITHOUT applying for a new card.  A hard pull before UPGRADE will be fine if that is required.  Anyone have success with this previously??????


With USAA it is the actual credit limit that determines whether your MasterCard is a World MC or a Platinum MC.

 

If you call in and get a successful credit limit increase to $5k or more on your Platinum, they will change it to World.  You can always redistribute credit limits between USAA credit cards to achieve the same goal if you want, also.


     I will call USAA in the morning and post the results.  06 Thanks for the input  :smileyhappy:   




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Senior Contributor
O6
Posts: 3,626
Registered: ‎10-13-2009
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Re: USAA Platinum upgrade to world possible?

 


konabill wrote:

O6 wrote:

konabill wrote:

  I've had my USAA Platinum Mastercard for about  1.5 years with a APR of 16.9%   It has a zero balance.  My USAA World Mastercard has $18k limit with 8.9% interest.  

         I use the World card and never use the Platinum due to the difference in interest rates.   At last to get to the question.........Will USAA upgrade the Platinum card to a product with a better interest rate WITHOUT applying for a new card.  A hard pull before UPGRADE will be fine if that is required.  Anyone have success with this previously??????


With USAA it is the actual credit limit that determines whether your MasterCard is a World MC or a Platinum MC.

 

If you call in and get a successful credit limit increase to $5k or more on your Platinum, they will change it to World.  You can always redistribute credit limits between USAA credit cards to achieve the same goal if you want, also.


     I will call USAA in the morning and post the results.  06 Thanks for the input  :smileyhappy:   


 

The only thing I might be concerned about is whether or not they will allow you to have two of the same product.  A quick phone call will get you the answer, though.

 

Good luck & please let us know the results.

IAALBNYL
Valued Member
CorporalCaptain
Posts: 46
Registered: ‎08-23-2010
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Re: USAA Platinum upgrade to world possible?

Now see, when I called about this same issue, they told me reallocation wasn't sufficient, the MC has to qualify on its own for $5k.

I tried what O6 suggested, but was told several times on the phone and in writing that simply reallocating some of my line from my AmEx to the MC wouldn't qualify it for an upgrade to world.  So I had to wait a while and then do a hard pull in Jan of this year to get to $8k, then I was allowed to convert it to a world MC.

Equifax FICO: 811 on 5/3/2013
-----------------------------------------
USAA World MasterCard - $8,000
American Express SPG - $15,000
NFCU CashRewards Visa Sig - $15,000
PenFed Platinum Rewards Visa - $5,000
Senior Contributor
O6
Posts: 3,626
Registered: ‎10-13-2009
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Re: USAA Platinum upgrade to world possible?


Icewave76 wrote:

Now see, when I called about this same issue, they told me reallocation wasn't sufficient, the MC has to qualify on its own for $5k.

I tried what O6 suggested, but was told several times on the phone and in writing that simply reallocating some of my line from my AmEx to the MC wouldn't qualify it for an upgrade to world.  So I had to wait a while and then do a hard pull in Jan of this year to get to $8k, then I was allowed to convert it to a world MC.


 

Maybe it depends on the representative you talk with.  We were successful in doing the CL re-allocation just a couple of months ago.

IAALBNYL
Regular Contributor
konabill
Posts: 118
Registered: ‎12-09-2009
0

Re: USAA Platinum upgrade to world possible?

[ Edited ]

O6 wrote:

Icewave76 wrote:

Now see, when I called about this same issue, they told me reallocation wasn't sufficient, the MC has to qualify on its own for $5k.

I tried what O6 suggested, but was told several times on the phone and in writing that simply reallocating some of my line from my AmEx to the MC wouldn't qualify it for an upgrade to world.  So I had to wait a while and then do a hard pull in Jan of this year to get to $8k, then I was allowed to convert it to a world MC.


 

Maybe it depends on the representative you talk with.  We were successful in doing the CL re-allocation just a couple of months ago.


  Just finished a marathon with the CSR at USAA. ( Very nice and polite )  My Platinum card does not "qualify for upgrade to world at this time."   

                                                            My given options were

                             1, New application for World card ( I really dont need a 3rd USAA card .)    

                             2,  Request CLI on my Platinum card ( Resulting in a HARD PULL )  

                             3,  Do NOTHING !  Both cards I have with USAA are still relatively new    




TU 802 EQ 806
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Established Contributor
UFGuy2006
Posts: 745
Registered: ‎08-02-2008
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Re: USAA Platinum upgrade to world possible?


konabill wrote:

O6 wrote:

Icewave76 wrote:

Now see, when I called about this same issue, they told me reallocation wasn't sufficient, the MC has to qualify on its own for $5k.

I tried what O6 suggested, but was told several times on the phone and in writing that simply reallocating some of my line from my AmEx to the MC wouldn't qualify it for an upgrade to world.  So I had to wait a while and then do a hard pull in Jan of this year to get to $8k, then I was allowed to convert it to a world MC.


 

Maybe it depends on the representative you talk with.  We were successful in doing the CL re-allocation just a couple of months ago.


  Just finished a marathon with the CSR at USAA. ( Very nice and polite )  My Platinum card does not "qualify for upgrade to world at this time."   

                                                            My given options were

                             1, New application for World card ( I really dont need a 3rd USAA card .)    

                             2,  Request CLI on my Platinum card ( Resulting in a HARD PULL )  

                             3,  Do NOTHING !  Both cards I have with USAA are still relatively new    


Also just want to add you must be eligible for their insurance products to be eligible for the Wold version of the card. Was just informed by the CSR! :smileyindifferent:

FICO: EX: 743 (10/14); TU: 758 (9/14); EQ 721 (9/14)

In My Wallet: Amex X 5 | Barclays X 3 | BOA X 1 | CapOne X 3 | Chase X 3 | Citi X 7 | DCU X 1 | Discover X 1 | Fidelity X 1 | Fifth Third X 1 | Macys X 1 | PenFed X 1 | PSECU X 1 | Sams Club MC X 1 | Target RedCard X 1 | USAA X 2 | US Bank X 1 | Walmart X 1 | Wells Fargo X 1 = 36 Cards

Holding off apps until the end of the year! Wish me luck!
Regular Contributor
konabill
Posts: 118
Registered: ‎12-09-2009
0

Re: USAA Platinum upgrade to world possible?


cesarcjv wrote:

konabill wrote:

O6 wrote:

Icewave76 wrote:

Now see, when I called about this same issue, they told me reallocation wasn't sufficient, the MC has to qualify on its own for $5k.

I tried what O6 suggested, but was told several times on the phone and in writing that simply reallocating some of my line from my AmEx to the MC wouldn't qualify it for an upgrade to world.  So I had to wait a while and then do a hard pull in Jan of this year to get to $8k, then I was allowed to convert it to a world MC.


 

Maybe it depends on the representative you talk with.  We were successful in doing the CL re-allocation just a couple of months ago.


  Just finished a marathon with the CSR at USAA. ( Very nice and polite )  My Platinum card does not "qualify for upgrade to world at this time."   

                                                            My given options were

                             1, New application for World card ( I really dont need a 3rd USAA card .)    

                             2,  Request CLI on my Platinum card ( Resulting in a HARD PULL )  

                             3,  Do NOTHING !  Both cards I have with USAA are still relatively new    


Also just want to add you must be eligible for their insurance products to be eligible for the Wold version of the card. Was just informed by the CSR! :smileyindifferent:



  I have the World card and nothing from USAA on insurance products..........




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*USAA*PENFED*NFCU*AMEX*DISCOVER*CiTi*WALMART*BESTBUY*
Established Contributor
UFGuy2006
Posts: 745
Registered: ‎08-02-2008
0

Re: USAA Platinum upgrade to world possible?

Correction - you have to be a full member vs a limited member. Only full members can have insurance products.
FICO: EX: 743 (10/14); TU: 758 (9/14); EQ 721 (9/14)

In My Wallet: Amex X 5 | Barclays X 3 | BOA X 1 | CapOne X 3 | Chase X 3 | Citi X 7 | DCU X 1 | Discover X 1 | Fidelity X 1 | Fifth Third X 1 | Macys X 1 | PenFed X 1 | PSECU X 1 | Sams Club MC X 1 | Target RedCard X 1 | USAA X 2 | US Bank X 1 | Walmart X 1 | Wells Fargo X 1 = 36 Cards

Holding off apps until the end of the year! Wish me luck!

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