topic Re: USAA second card in Credit Cards

USAA second card

Anonymous — Thu, 14 Feb 2019 06:02:17 GMT

Just wondering what others experience are with getting a second card with USAA. Is there a time frame? Were the limits better, same, or worse?

I just got my first USAA last month and when I logged on there was an offer for a new card. Not looking for a new card but my first card only had a 2k limit and if they usually go up on second card I would consider and then possibly try to combine later and cancel one.

Re: USAA second card

FinStar — Thu, 14 Feb 2019 06:25:12 GMT

I'm not sure on the exact timeframe for a 2nd USAA CC product, but several years ago, I was approved for the first one ($16K) the got a CLI within a year which bumped it to $34K, applied for the 2nd CC around the year mark and was approved for $16K (max unsecured = $50K).

Unfortunately, no PCs or account combinations are allowed with them. So, choose wisely as far as which product best fits your needs if you decide to go for a 2nd CC. Optionally, if your profile supports it, you can request a CLI (HP) on your existing card.

Re: USAA second card

Anonymous — Thu, 14 Feb 2019 08:42:05 GMT

In looking back I got my first card and then within a couple weeks of it, I got a second card with no problems.

Re: USAA second card

r34dy2fly — Thu, 14 Feb 2019 14:24:49 GMT

I have 4 USAA cards with one being a low APR rate card. I think I waited a year in between each app. Had no issue. All over 15K CL.

Re: USAA second card

Cherekas — Thu, 14 Feb 2019 17:45:44 GMT

Once I received my first card from USAA for $2500 (Amex rewards), instead of taking a HP for a CLI, I applied for a new card 12 mos later ($8500) Rate Advantage. I've read here where some have been able to receive new cards in 6 mos or less, YMMV.

Re: USAA second card

Anonymous — Thu, 14 Feb 2019 17:49:06 GMT

I got the two in my signature on the same day, both instant approvals, and I believe the HPs combined. Both were approved for the same limit with the same interest terms. This was about 3 years ago, so things may have changed since then.

Re: USAA second card

FinStar — Thu, 14 Feb 2019 22:52:02 GMT

@r34dy2fly wrote:
I have 4 USAA cards with one being a low APR rate card. I think I waited a year in between each app. Had no issue. All over 15K CL.

@r34dy2fly, you mentioned all 4 of your cards as being over $15K. My understanding, and based off the USAA lending department, all unsecured CC exposure caps at $50K, regardless of the number of CC products. When did this change? Unless your math is off.

Re: USAA second card

r34dy2fly — Thu, 14 Feb 2019 23:49:37 GMT

You are correct. One of my USAA cards was $1500. Not $15000. However the others are $22000, $15000, $16000.

Re: USAA second card

r34dy2fly — Thu, 14 Feb 2019 23:59:18 GMT

As far as WHEN they changed this policy, I have no idea. I didn't even know it was a policy. I've been with them since 2005.

Re: USAA second card

Anonymous — Fri, 15 Feb 2019 02:55:32 GMT

I got my 2 USAA cards within about half an hour of each other at the end of 2016. They both had $10k limits and instant approvals. About 6 months later I requested CLI on both at the same time and each went to $17k. My credit was in the end stages of rebuilding at the time of approval too.

Re: USAA second card

Anonymous — Fri, 15 Feb 2019 09:27:54 GMT

@FinStar wrote:
@r34dy2fly wrote:
I have 4 USAA cards with one being a low APR rate card. I think I waited a year in between each app. Had no issue. All over 15K CL.
@r34dy2fly, you mentioned all 4 of your cards as being over $15K. My understanding, and based off the USAA lending department, all unsecured CC exposure caps at $50K, regardless of the number of CC products. When did this change? Unless your math is off.

I'm not so sure.

I have four cards with USAA and my total exposure today sits at $79k. In March of 2018, I only had $62k until I received a $17k CLI on one card. My wife has 3 cards and her combined limits are $62k. In last March she only had $47k until she received a $15k CLI on one of her cards, too.

My understanding is it is exceptionally difficult to actually speak with their credit card back office. I did one time have a nice conversation with a contact in their EO, unrelated to credit cards, and she volunteered that the only hard limits they have are with individual cards not being able to exceed $35k.

Re: USAA second card

Anonymous — Fri, 22 Feb 2019 02:54:14 GMT

Thank you all. I think I’ll wait. I don’t have a need for a second card with them. But if they were like nfcu and had much better second card I would’ve applied.