topic Re: Wow USAA is the way to go! in Credit Cards

Wow USAA is the way to go!

ksiss — Sat, 22 Sep 2007 05:25:26 GMT

Let me start off by stating that I am very young in the credit arena. I only have 1 year of Credit experience. I started off with a Capital One Credit card with a CL of $500 after several others declined me. It has no AF but a hefty 20.55% APR. A year later, the card has been increased to $1500 without me ever asking (Though it still has that high APR )

I have since received a Pre-Approved letter from USAA a few months ago for a Platinum Rewards Mastercard. Upon applying for it with my promotion code on USAA's website, I was instantly approved for $9,000 CL at a 12.15% APR! I've had the card for about 2 months now and it's wonderful. Not to mention USAA is a Class A company that I've had my car insurance with since I was 16.

I just recently checked my 3 Fico scores since getting my new card and they are:

TU: 725

EQ: 708

EX: 741

I NEVER thought I'd be able to attain these scores starting up credit just a year ago! In fact the ONLY negative comment by MyFico is that I have a short credit history.

Re: Wow USAA is the way to go!

Tuscani — Sat, 22 Sep 2007 05:33:16 GMT

Congrats! And yes, USAA is awesome!

Re: Wow USAA is the way to go!

dangphuocloc72 — Sat, 22 Sep 2007 12:34:49 GMT

web ? I mind go there take a look , joking .

Re: Wow USAA is the way to go!

dangphuocloc72 — Sat, 22 Sep 2007 13:05:19 GMT

ThankYou

Based on the information you provided, it does not appear you are eligible for USAA products and services.

USAA offers some products and services that do not have eligibility requirements. Contact USAA for more information.

Re: Wow USAA is the way to go!

Anonymous — Sat, 22 Sep 2007 13:12:37 GMT

you go! Keep up the good work and do not fall into the trap of thinking you could ever be late- your credit will be golden provided you do everything that you have been doing.

Good for you!!!

Re: Wow USAA is the way to go!

phumanr — Sat, 22 Sep 2007 16:26:56 GMT

Congrats on the new card!

Do you have to be in the military to get USAA products?

Phumanr

Re: Wow USAA is the way to go!

ksiss — Sat, 22 Sep 2007 16:31:13 GMT

I know you have to be in the military or a military dependent to have thier automobile insurance, but I thought thier credit cards were open to everyone. I don't know......I could be wrong.

Re: Wow USAA is the way to go!

phumanr — Sat, 22 Sep 2007 16:34:09 GMT

Hopefully someone will tell me that you have to be in the military to apply for their cards....it will stop me from trying to apply! I have seen they are very generous with their limits,

Phumanr

Re: Wow USAA is the way to go!

Anonymous — Sat, 22 Sep 2007 19:03:50 GMT

When you go to the card page it says members only.

Re: Wow USAA is the way to go!

ksiss — Sat, 22 Sep 2007 20:05:35 GMT

Well I guess there are some benefits to being in the military.

USAA is an excellent one. I can't recall any other company that is so highly regarded by just about all it's costumers and professional publications.

Message Edited by ksiss on 09-22-2007 01:05 PM

Re: Wow USAA is the way to go!

Anonymous — Mon, 24 Sep 2007 00:39:21 GMT

Hi,

I am so glad I saw this. My husband is retired reserve so I signed us up tonight for their checking & savings account. I also applied for their credit card, but it didn't give us an answer yet (it said on weekends, off times, the answer could be the next day - I figure we'll be denied - but we will see. There are so many good products on their site.

Thank you!

Re: Wow USAA is the way to go!

haulingthescoreup — Mon, 24 Sep 2007 01:00:47 GMT

@Anonymous wrote:
Hi,
I am so glad I saw this. My husband is retired reserve so I signed us up tonight for their checking & savings account. I also applied for their credit card, but it didn't give us an answer yet (it said on weekends, off times, the answer could be the next day - I figure we'll be denied - but we will see. There are so many good products on their site.
Thank you!

Good for you, and I bet you'll get something. They're good people to work with.

Re: Wow USAA is the way to go!

ksiss — Mon, 24 Sep 2007 01:24:19 GMT

Glad I could be of some help basketsbears57. Good luck getting approved. They should definitely approve you for something. They were certainly generous for my situation.

Re: Wow USAA is the way to go!

Anonymous — Mon, 24 Sep 2007 01:25:26 GMT

@haulingthescoreup wrote:
@Anonymous wrote:
Hi,
I am so glad I saw this. My husband is retired reserve so I signed us up tonight for their checking & savings account. I also applied for their credit card, but it didn't give us an answer yet (it said on weekends, off times, the answer could be the next day - I figure we'll be denied - but we will see. There are so many good products on their site.
Thank you!
Good for you, and I bet you'll get something. They're good people to work with.

Hang in there until the end. It's not bad news yet, so there is hope. I just wish I could qualify, but I've been out too long. Oh well, NFCU is treating me real nice.

Re: Wow USAA is the way to go!

Anonymous — Mon, 24 Sep 2007 15:50:29 GMT

Hi - Yes they did approve us! Also after reading all the posts, I wanted to get in their credit union before my husband had been out too long. Thanks again! Lynn

Message Edited by basketsbears57 on 09-24-2007 08:50 AM

Re: Wow USAA is the way to go!

Anonymous — Mon, 24 Sep 2007 15:58:50 GMT

Good job-

Seems I am no longer eligible.

@Anonymous wrote:
Hi - Yes they did approve us! Also after reading all the posts, I wanted to get in their credit union before my husband had been out too long. Thanks again! Lynn

Message Edited by basketsbears57 on 09-24-2007 08:50 AM

Re: Wow USAA is the way to go!

Anonymous — Mon, 24 Sep 2007 16:23:04 GMT

Does anyone know how often you can increase the credit limit for USAA cards?

Message Edited by pjriverap on 09-24-2007 09:23 AM

Re: Wow USAA is the way to go!

HannahB — Mon, 24 Sep 2007 18:12:39 GMT

I love USAA! My husband and I have our auto insurance with them, and a 17k limit Mastercard through them, and we are only 21 and 22! We have decent credit, he is in the mid 600s and I am in the lower-mid 700s. They are fabulous!

Re: Wow USAA is the way to go!

ujocka — Tue, 25 Sep 2007 00:19:31 GMT

USAA is the greatest by far:

2 auto loans

2 auto insurance policies

2 homeowners policies

1 mastercard

1 amex

1 checking acct

1 savings acct

1 personal property insurance policy

1 renters insurance policy

They are my one stop shop, and have been really good to me for the past 6 years. I also enjoy getting the dividend checks they divy out once a year.

Re: Wow USAA is the way to go!

Anonymous — Tue, 25 Sep 2007 01:30:45 GMT

I am also a witness of the great service that USAA has provided to me for over 10 years.

2 auto loans (6.5% and 6.7% w/620 fico at the time)

2 renter insurance

1 mortgage

1 Mastercard

1 Amex

1 money market account

1 checking

1 savings

I also go through USAA site and get great discounts on rental cars. With all of this said I just joined Navy Federal Credit Union just to get a credit card and it turns out that what USAA lacks in the personal and investment loan department NFCU takes up the slack. Talked to rep and they dont give credit or loans in accordance with your credit score but what your payment pattern has been over the last 3-5 years and income. With USAA and NFCU on my side I will never need to go anywhere else for a loan of any type. So if you can do both please take advantage of the opportunity.