topic Re: USAA Limitless Card in Credit Cards

USAA Limitless Card - Direct Deposit No Longer Required for 2.5%

ambivalent — Wed, 04 Aug 2021 02:48:54 GMT

I was reviewing my statement, which I never do, and noted at the bottom it says you no longer have to have DD to earn the 2.5% cashback. This is new as of my July statement...just FYI if you have this card.

Re: USAA Limitless Card

CBartowski — Tue, 03 Aug 2021 18:00:07 GMT

Good intel. I'm still bitter my application got all messed up due to technical issues when I applied and USAA wouldn't honor it (out of character for them).

Thanks for sharing!

Re: USAA Limitless Card

ambivalent — Tue, 03 Aug 2021 18:49:56 GMT

I didn't even know they don't offer this card anymore until today. I went to look for what were considered "qualifying purchases" and found out that way. I am YEARS late

But now I may move my DD from there to PenFed/DCU...not sure yet.

Re: USAA Limitless Card

CBartowski — Tue, 03 Aug 2021 19:11:36 GMT

@ambivalent wrote:
I didn't even know they don't offer this card anymore until today. I went to look for what were considered "qualifying purchases" and found out that way. I am YEARS late

But now I may move my DD from there to PenFed/DCU...not sure yet.

Out of morbid curiosity, what are you think for moving your DD? Are there benefits for DD to either of those?

Thanks!

Re: USAA Limitless Card

ambivalent — Tue, 03 Aug 2021 19:20:03 GMT

@CBartowski wrote:
@ambivalent wrote:
I didn't even know they don't offer this card anymore until today. I went to look for what were considered "qualifying purchases" and found out that way. I am YEARS late

But now I may move my DD from there to PenFed/DCU...not sure yet.
Out of morbid curiosity, what are you think for moving your DD? Are there benefits for DD to either of those?

Thanks!

To PenFed to avoid the account fee and DCU pays 2 days early. I also had fraud on my USAA account (I was duped by a pretty slick spoofing scheme. Not their fault, of course) so I am a little paranoid about the account for the moment. I may send some to NFCU as well to pay CC bills. I like to move my money around occasionally.

Re: USAA Limitless Card

BearsCubsOtters — Tue, 03 Aug 2021 20:55:08 GMT

@ambivalent wrote:
I was reviewing my statement, which I never do, and noted at the bottom it says you no longer have to have DD to earn the 2.5% cashback. This is new as of my July statement...just FYI if you have this card.

Good catch! I never pay attention to those notes.

"WE RECENTLY MADE CHANGES TO YOUR LIMITLESS CASHBACK
REWARDS CREDIT CARD. NOW YOU WILL EARN 2.5% CASH BACK ON
QUALIFYING PURCHASES REGARDLESS OF DIRECT DEPOSIT STATUS."

I wonder why they did this? I hope this card lives on for years to come.

Re: USAA Limitless Card

ambivalent — Tue, 03 Aug 2021 21:06:25 GMT

@BearsCubsOtters wrote:
@ambivalent wrote:
I was reviewing my statement, which I never do, and noted at the bottom it says you no longer have to have DD to earn the 2.5% cashback. This is new as of my July statement...just FYI if you have this card.
Good catch! I never pay attention to those notes.

"WE RECENTLY MADE CHANGES TO YOUR LIMITLESS CASHBACK
REWARDS CREDIT CARD. NOW YOU WILL EARN 2.5% CASH BACK ON
QUALIFYING PURCHASES REGARDLESS OF DIRECT DEPOSIT STATUS."

I wonder why they did this? I hope this card lives on for years to come.

I wonder why too. I am just glad I got it. They also dropped my apr 1% *shrug* idk what they're doing over there, but I like it!

Re: USAA Limitless Card - Direct Deposit No Longer Required for 2.5%

UncleB — Wed, 04 Aug 2021 02:51:24 GMT

@ambivalent wrote:
I was reviewing my statement, which I never do, and noted at the bottom it says you no longer have to have DD to earn the 2.5% cashback. This is new as of my July statement...just FYI if you have this card.

Great catch, @ambivalent... I'm bad to not look at my paper statements (since I monitor accounts every day or so online anyway), but I just went to look at my last statement and you're spot on!

This notice was on the first page, right above my transactions:

Hey @Gmood1, I know these days you have the AOD Visa, but this info might still be interesting to you as well.

I'm probably going to leave my own direct deposit alone for now, but it's nice to know I have the option to go elsewhere without messing up my 2.5% cash back with the Limitless!

Re: USAA Limitless Card - Direct Deposit No Longer Required for 2.5%

UncleB — Wed, 04 Aug 2021 02:50:46 GMT

@ambivalent, I made a minor update to the thread subject to clarify that we're chatting about the DD requirement changing.

--UB

Re: USAA Limitless Card - Direct Deposit No Longer Required for 2.5%

Gmood1 — Wed, 04 Aug 2021 08:51:35 GMT

@UncleB wrote:
@ambivalent wrote:
I was reviewing my statement, which I never do, and noted at the bottom it says you no longer have to have DD to earn the 2.5% cashback. This is new as of my July statement...just FYI if you have this card.
Great catch, @ambivalent... I'm bad to not look at my paper statements (since I monitor accounts every day or so online anyway), but I just went to look at my last statement and you're spot on!

This notice was on the first page, right above my transactions:

Hey @Gmood1, I know these days you have the AOD Visa, but this info might still be interesting to you as well.

I'm probably going to leave my own direct deposit alone for now, but it's nice to know I have the option to go elsewhere without messing up my 2.5% cash back with the Limitless!

Thanks for letting me know UnkaB!

I missed this post and didn't notice it on the USAA website. I still use my Limitless for general purchases.

Glad they eliminated the DD! Though I still have to transfer funds to the account anyway for certain bills.

Re: USAA Limitless Card - Direct Deposit No Longer Required for 2.5%

Anonymous — Wed, 04 Aug 2021 13:29:21 GMT

USAA doesn't offer this card to new customers anymore, right? I don't see it on their website.

Re: USAA Limitless Card - Direct Deposit No Longer Required for 2.5%

TSlop — Wed, 04 Aug 2021 13:47:28 GMT

@Anonymous wrote:
USAA doesn't offer this card to new customers anymore, right? I don't see it on their website.

Quick internet search says it was no longer accepting applications since late 2017 (not sure about product changes). I was curious about this card after seeing the thread.

Re: USAA Limitless Card - Direct Deposit No Longer Required for 2.5%

UncleB — Wed, 04 Aug 2021 20:35:16 GMT

@Anonymous wrote:
USAA doesn't offer this card to new customers anymore, right? I don't see it on their website.

Unfortunately they don't.

Even worse, back when it was offered it wasn't offered everywhere... they were rolling it out a few states at a time before they decided to pull the plug. There were some folks who were simply waiting for it to get around to being offered in their state who never even had the opportunity to apply.

The folks who have it now are all grandfathered.

Re: USAA Limitless Card

UncleB — Wed, 04 Aug 2021 20:57:52 GMT

@ambivalent wrote:
@BearsCubsOtters wrote:
@ambivalent wrote:
I was reviewing my statement, which I never do, and noted at the bottom it says you no longer have to have DD to earn the 2.5% cashback. This is new as of my July statement...just FYI if you have this card.
Good catch! I never pay attention to those notes.

"WE RECENTLY MADE CHANGES TO YOUR LIMITLESS CASHBACK
REWARDS CREDIT CARD. NOW YOU WILL EARN 2.5% CASH BACK ON
QUALIFYING PURCHASES REGARDLESS OF DIRECT DEPOSIT STATUS."

I wonder why they did this? I hope this card lives on for years to come.
I wonder why too. I am just glad I got it. They also dropped my apr 1% *shrug* idk what they're doing over there, but I like it!

Previously there was an 'offer' for 2.5% with a $1k direct deposit... it was shown under both "My Offers" when you clicked your name in the upper-right corner, and on the credit card view it was under "Special Offers" over on the right-hand side.

My USAA Rewards Platinum Visa still has such an offer showing. In the case of the Rewards Platinum, I figured it might have been the easiest way for them to shoehorn-in a new rewards scheme without making major system changes. Here's what I'm talking about:

This 'offer' has been present ever since USAA added 2x for dining and gas back in 2018... the Limitless previously had a similar offer shown to trigger the 2.5% w/ $1k direct deposit. The offer for the Limitless showed as "activated" on the same day the account was approved.

Since the Limitless Visa is now limited (forgive the pun) to grandfathered members it might have made more sense to just give everybody 2.5% and do away with the pesky 'offer', especially if there was overhead involved in maintaining the offer from a systems perspective (verifying direct deposit status each month, etc.). This is all just speculation, of course, so definitely take with a grain of salt.