topic Re: USAA Mastercard? in Credit Cards

USAA Mastercard?

Anonymous — Fri, 30 Jan 2015 01:39:25 GMT

I signed up at USAA's web site today so I could get an auto insurance quote since Esurance jacks my rate every six months for no other reason than they think they can. Anyway, I noticed USAA has a Mastercard product with the same cash back structure as Cap One's QS - 1.5% on everything. No annual fees, and the picture is the World. Anybody have experience with them? Hard to get? Easy to get? Starting line? Customer service?

Re: USAA Mastercard?

Anonymous — Fri, 30 Jan 2015 01:51:19 GMT

CAPTOOL - USAA tends to be conservative and yet reasonable. Several years back I applied for membership and added banking services and a credit card. To my surprise I got approved for a USAA World MasterCard and you could have blown me over with a feather as it was my first real cc in ten years. Later went back and added a second card AX. Also added investments. Their insurance products receive raves from other posters so it may be worth your consideration.

Re: USAA Mastercard?

Anonymous — Fri, 30 Jan 2015 01:55:27 GMT

Thanks for the feedback, I appreciate it. I'll add their card to my want list for when I start apping again. Probably too soon now. Their insurance quote is less than I'm paying with Esurance, but more than the quote I got from Progressive. Decisions, decisions.

Re: USAA Mastercard?

AintYouADaisy — Fri, 30 Jan 2015 02:42:32 GMT

Hey Captool,

USAA is an outstanding company all the way around to get in with if you're eligible for their products. They are more conservative as was mentioned, but they will take care of you if you take care of them. In my honest opinion, they are more worth it than a slightly less expensive company for insurance products, in that they won't run the rate back up again at renewal once they've hooked you like some others will. Having said that, I can't say that Progressive is one to do that, and to their credit, Progressive actually handles some of the insurance (like boat, some motorcycle, etc) that USAA "outsources" for various reasons, so they must not be a bad company generally speaking.

They have an impressive assortment of products available and their customer service is typically excellent. It's all part of why they say 98% of their members stay with USAA.

Re: USAA Mastercard?

b_diddy — Fri, 30 Jan 2015 03:13:10 GMT

Insurance products are great with slightly better access to products if you're a "full" member. These guys have created all sorts of other insurance as well ... medical, pet, etc.

Re: USAA Mastercard?

takeshi74 — Fri, 30 Jan 2015 13:29:49 GMT

@Anonymous wrote:
Hard to get? Easy to get? Starting line?

As with any creditor it all depends on your credit and income. IIRC the cash back is issued only once a year but read the details on their site to confirm.

@Anonymous wrote:
Customer service?

Excellent in my experience but, like any other company, you can find complaints if you look around. I see some comments from members that it isn't what it used to be but that hasn't been my experience in the 20 years that I have been with them. Their insurance is consistently highly rated and they have excellent claims service in my experience.

Re: USAA Mastercard?

newstart2010 — Sat, 31 Jan 2015 06:48:11 GMT

Just accidentally applied for this card (yes it was by accident.) And we got approved for 15k opening cl. I'm happy and glad it happened on this card. As for usaa, we have been members since 98, bank with them and have their insurance. We are thinking if refinancing the car through them. We also have 2 small limit cards from them we used to rebuild or credit. They have been wonderful!

Re: USAA Mastercard?

AintYouADaisy — Sat, 31 Jan 2015 14:05:43 GMT

@newstart2010 wrote:
Just accidentally applied for this card (yes it was by accident.) And we got approved for 15k opening cl. I'm happy and glad it happened on this card. As for usaa, we have been members since 98, bank with them and have their insurance. We are thinking if refinancing the car through them. We also have 2 small limit cards from them we used to rebuild or credit. They have been wonderful!

Congrats newstart!! Even if by accident, that's awesome! The powers that be must've figured you could use this card!! hehe

Re: USAA Mastercard?

elim — Sat, 31 Jan 2015 14:25:09 GMT

USAA is pretty awesome (member since 06'). they added 2 new cards late last year that i will grab when i can.

i just opened checking/savings this month and waiting for them to age 30 days so i can start mobile deposits.

they often send pre-approved offers to "My Offers" tab so check that whenever you get an alert.

a common starting limit for first card is 7k YMMV

a common starting APR on first card is 14.99% YMMV

start your insurance ASAP and PIF and the offers should show up in a couple months (Auto Loans, CC's HELOC, etc.)

Re: USAA Mastercard?

Anonymous — Sat, 31 Jan 2015 17:45:56 GMT

Geez, I wish I could accidentally get a credit line of $15K.

Re: USAA Mastercard?

AintYouADaisy — Sat, 31 Jan 2015 18:16:42 GMT

@Anonymous wrote:
Geez, I wish I could accidentally get a credit line of $15K.

+1 !! And this is a great company to accidentally get in with too! Did you ever decide how you wanted to proceed?

Re: USAA Mastercard?

Leadberry — Sat, 31 Jan 2015 18:50:25 GMT

@Anonymous wrote:
I signed up at USAA's web site today so I could get an auto insurance quote since Esurance jacks my rate every six months for no other reason than they think they can. Anyway, I noticed USAA has a Mastercard product with the same cash back structure as Cap One's QS - 1.5% on everything. No annual fees, and the picture is the World. Anybody have experience with them? Hard to get? Easy to get? Starting line? Customer service?

The kicker with that card is that rewards only post once a year (in January).

Re: USAA Mastercard?

Anonymous — Sat, 31 Jan 2015 19:34:43 GMT

@AintYouADaisy wrote:
@Anonymous wrote:
Geez, I wish I could accidentally get a credit line of $15K.
+1 !! And this is a great company to accidentally get in with too! Did you ever decide how you wanted to proceed?

Not going to ap for a card with them right now. I'm letting my embryonic cards gestate for a while. Still trying to decide on the auto insurance. I have time on that since my current policy with Esurance doesn't expire until April.

Re: USAA Mastercard?

Anonymous — Sat, 31 Jan 2015 21:49:51 GMT

Best customer service of any bank/credit union but they are conservative. Insurance products are the best. Be aware that for credit cards you are essentially approved or not. I don't think they will recon. They SP every month and will offer products in the My Offers Tab. They review accounts once a year, February I think and offer CLI if your profile allows

Re: USAA Mastercard?

Anonymous — Sat, 31 Jan 2015 21:57:32 GMT

@Anonymous wrote:
Best customer service of any bank/credit union but they are conservative. Insurance products are the best. Be aware that for credit cards you are essentially approved or not. I don't think they will recon. They SP every month and will offer products in the My Offers Tab. They review accounts once a year, February I think and offer CLI if your profile allows

Hey ... I did not know they did an annual review of accounts in February. Only been a member for five years and it seems I still learn more. USAA says they do not do recons (supposedly due to the Federal Credit Act).

Re: USAA Mastercard?

Anonymous — Sat, 31 Jan 2015 22:30:40 GMT

@ArmyVietVet wrote:
@Anonymous wrote:
Best customer service of any bank/credit union but they are conservative. Insurance products are the best. Be aware that for credit cards you are essentially approved or not. I don't think they will recon. They SP every month and will offer products in the My Offers Tab. They review accounts once a year, February I think and offer CLI if your profile allows
Hey ... I did not know they did an annual review of accounts in February. Only been a member for five years and it seems I still learn more. USAA says they do not do recons (supposedly due to the Federal Credit Act).

They certainly like to come up with an excuse that suits them. Just be honest and say 'our decision is final'

Re: USAA Mastercard?

alvon123 — Sun, 01 Feb 2015 13:59:18 GMT

@newstart2010 wrote:
Just accidentally applied for this card (yes it was by accident.) And we got approved for 15k opening cl. I'm happy and glad it happened on this card. As for usaa, we have been members since 98, bank with them and have their insurance. We are thinking if refinancing the car through them. We also have 2 small limit cards from them we used to rebuild or credit. They have been wonderful!

congrats!!

Re: USAA Mastercard?

fungoman — Sun, 01 Feb 2015 18:49:45 GMT

How do you accidentally apply for a credit card?

Re: USAA Mastercard?

AintYouADaisy — Sun, 01 Feb 2015 22:33:51 GMT

@fungoman wrote:
How do you accidentally apply for a credit card?

I'm not totally sure, but I wondered if it was as simple as already being logged into USAA, they already have all of your data.... SOOO maybe if you click to apply thinking it will give you another page to look at but it doesn't ?? Maybe it just goes through just like that?? I was going to poke around to see when I logged in to USAA but then worried if it's that simple, I might inadvertently do the same. ??

Re: USAA Mastercard?

AintYouADaisy — Sun, 01 Feb 2015 23:03:44 GMT

@Leadberry wrote:
@Anonymous wrote:
I signed up at USAA's web site today so I could get an auto insurance quote since Esurance jacks my rate every six months for no other reason than they think they can. Anyway, I noticed USAA has a Mastercard product with the same cash back structure as Cap One's QS - 1.5% on everything. No annual fees, and the picture is the World. Anybody have experience with them? Hard to get? Easy to get? Starting line? Customer service?
The kicker with that card is that rewards only post once a year (in January).

That's weird. I see that on their site for their cards, but mine doesn't do that. I must be grandfathered in under an old rule or something because mine update every month on the statement cycle and I can use them anytime I want.