topic Re: USAA Offer - Should I go for it? in Credit Cards

USAA Offer - Should I go for it?

BarryNTexas — Wed, 13 Aug 2014 23:01:17 GMT

I'm in the garden since June but I feel like I've been there for 15 years. Avoiding any offers that come along but USAA came today it looks interesting.

Cash Rewards Plat Visa

0% for 12 Mths
3% Cashback on Gas ($150 cap on gas per month)

1.25% on other purchases

No Annual Fee

No over-limits fees

No penalty APR

Feels like a Visa Sig card. Anyone out there have this one? What was your score like? I don't need it really but if I got a good starting limit, I could accelerate canceling out my CapOne cards. I've used USAA in the past for some investment accounts but that was years ago. I know they are good to have a relationship with for other products.

Or should I stay in the garden and go after a nice high CU limit?

Re: USAA Offer - Should I go for it?

B335is — Wed, 13 Aug 2014 23:03:54 GMT

@BarryNTexas wrote:
I'm in the garden since June but I feel like I've been there for 15 years. Avoiding any offers that come along but USAA came today it looks interesting.

Cash Rewards Plat Visa
0% for 12 Mths
3% Cashback on Gas ($150 cap on gas per month)
1.25% on other purchases
No Annual Fee
No over-limits fees
No penalty APR

Feels like a Visa Sig card. Anyone out there have this one? What was your score like? I don't need it really but if I got a good starting limit, I could accelerate canceling out my CapOne cards. I've used USAA in the past for some investment accounts but that was years ago. I know they are good to have a relationship with for other products.

Or should I stay in the garden and go after a nice high CU limit?

Will it be much benefit over the cards you already have?

Are you eligible for NFCU?

Re: USAA Offer - Should I go for it?

BarryNTexas — Wed, 13 Aug 2014 23:12:10 GMT

B335is,

I have no rewards or benefits from the CapOne cards... 1 is old Orchard.

I don't qualify for NFCU.

The only reason I would consider apping for this one is they are good Texas company and I've not been denied approval on any apps since starting on this rebuilding journey in November. IF I thought they would approve me for like a 2K limit then I would pass.

Look forward to hearing from other USAA holders.

BTW I also received an offer from AARP for their card and the rewards don't stack up to these... and I'm not ready to admit I qualify for AARP!

Re: USAA Offer - Should I go for it?

lhcole77 — Wed, 13 Aug 2014 23:32:42 GMT

@BarryNTexas wrote:
I'm in the garden since June but I feel like I've been there for 15 years. Avoiding any offers that come along but USAA came today it looks interesting.

Cash Rewards Plat Visa
0% for 12 Mths
3% Cashback on Gas ($150 cap on gas per month)
1.25% on other purchases
No Annual Fee
No over-limits fees
No penalty APR

Feels like a Visa Sig card. Anyone out there have this one? What was your score like? I don't need it really but if I got a good starting limit, I could accelerate canceling out my CapOne cards. I've used USAA in the past for some investment accounts but that was years ago. I know they are good to have a relationship with for other products.

Or should I stay in the garden and go after a nice high CU limit?

From what USAA has told me they will pull EQ. Personally I think they are a great card to have and I plan to add them my next go around.

Another benefit that is great is this:

Edit (provided you have a checking/savings account with them)

Cash Advance: 3% of the amount of each cash advance (maximum fee for each convenience check: $200). Fee waived when transferring funds electronically to a USAA deposit account.

Re: USAA Offer - Should I go for it?

B335is — Thu, 14 Aug 2014 00:05:17 GMT

@BarryNTexas wrote:
B335is,

I have no rewards or benefits from the CapOne cards... 1 is old Orchard.

I don't qualify for NFCU.

The only reason I would consider apping for this one is they are good Texas company and I've not been denied approval on any apps since starting on this rebuilding journey in November. IF I thought they would approve me for like a 2K limit then I would pass.

Look forward to hearing from other USAA holders.

BTW I also received an offer from AARP for their card and the rewards don't stack up to these... and I'm not ready to admit I qualify for AARP!

People seem to like them and that makes sense. If I was eligible I would probably go for it. They're not as conservative as Penfed so you might get a nice limit.

Re: USAA Offer - Should I go for it?

TatorTodd — Thu, 14 Aug 2014 14:18:38 GMT

Just curious...but how are you elegible for USAA, but not NFCU? I thought it was harder to be a USAA member.

Anyhow, USAA has always been great to me, when my original highest CL was 1k, i apped for their AMEX version, and they gave me a 7k CL, 6 months later went to 11k, then at 1 year, it went up to 22k.

I also had a personal loan and auto loan through them

Re: USAA Offer - Should I go for it?

baller4life — Thu, 14 Aug 2014 14:50:40 GMT

USAA accepts Vets. Nfcu does not. Have to be retired.

Re: USAA Offer - Should I go for it?

alvon123 — Thu, 14 Aug 2014 15:01:17 GMT

@baller4life wrote:
USAA accepts Vets. Nfcu does not. Have to be retired.

Re: USAA Offer - Should I go for it?

Creditaddict — Thu, 14 Aug 2014 15:17:36 GMT

Id go for it! build that relationship and they offer huge SP CLI in the future I feel like I read all the time.

Re: USAA Offer - Should I go for it?

BarryNTexas — Thu, 14 Aug 2014 15:20:24 GMT

My stepfather who has passed away was a retired Airforce officer. That's how I qualify as my mother still has accounts with USAA. Going to NFCU website and doing qualification process I can't answer any of the questions yes... my stepfather was retired Airforce but never has had a account there or member number that I can link to.

This make sense?

Re: USAA Offer - Should I go for it?

Creditaddict — Thu, 14 Aug 2014 15:21:44 GMT

@BarryNTexas wrote:
My stepfather who has passed away was a retired Airforce officer. That's how I qualify as my mother still has accounts with USAA. Going to NFCU website and doing qualification process I can't answer any of the questions yes... my stepfather was retired Airforce but never has had a account there or member number that I can link to.

This make sense?

many have been able to call in and do membership but you run a small chance that your account gets randomly screened for documents to prove membership.

Re: USAA Offer - Should I go for it?

Swapmeet — Thu, 14 Aug 2014 15:37:24 GMT

USAA has been great to deal with for me. They were the first to give me a multi-k credit line (4k when my highest was 700), and though I have never gotten anything with a sp, they have been generous with cli. And when I got my second card of theirs, they matched the cl of my first one automatically (plat went from 4k-7k-13k, and my wmc started at 13k). Their insurance products aren't too shabby either.....

Re: USAA Offer - Should I go for it?

baller4life — Thu, 14 Aug 2014 15:43:15 GMT

@Creditaddict wrote:
@BarryNTexas wrote:
My stepfather who has passed away was a retired Airforce officer. That's how I qualify as my mother still has accounts with USAA. Going to NFCU website and doing qualification process I can't answer any of the questions yes... my stepfather was retired Airforce but never has had a account there or member number that I can link to.

This make sense?
many have been able to call in and do membership but you run a small chance that your account gets randomly screened for documents to prove membership.

+1...if you have the docs to prove he was married to Mom and retired military, I say go for it. You would have to call Nfcu though instead of apply online because you d.on't have sponsor number.

Re: USAA Offer - Should I go for it?

capitalkid — Thu, 14 Aug 2014 17:09:37 GMT

We are full members. My husbands grandfather got his mother in, and although she did not establish any accounts she had a member #, and thus if the chain of custody is there, you can get in. I am confused as to how you would get a random offer for credit if you did not have a member # yet, I have not read before about anyone getting a PreQualification that is not tailored to a member. It will show up in your acocunts page under My Offers in the online database. Very strange, anyway, Yes their Pre Q is a near 100% approval. I have read that here and on other boards.

When you app, app for two cards(say your prequal is for a visa, do that and pick out say amex or mc and app for that too) even of the preapproval only is for the one, they will give you two apps for 1 HP, and they like to spread their exposure over several cards rather than just one. their max exposure is 50 K PP. And, each time you do a CLI they will give you two clis for 1 HP. CLI @ 6 Mo intervals give or take 6 months of statements, and you can do it from the phone app. they have deposit by mobile and deposit by home, its really well rounded.

They do almost nothing in paper form. Their online website interface is the best I have ever ever used. Every member you are associated with is tied to your account, and thus all of it is relative and accessable for usaa customer service.

I have a 9 YO BK, they gave me 2 cards starting line 7K recently hit my CLI button and they went to 11K each. They do lead the pack for sure. NFCU is pretty exclusive, they have so many requirements for membership its unreal. USAA is a bit better for that, in that you just need an established relative to get in.

Also Our insurance rates are the best we have ever had with them. We have a 1996 F350 with 150K miles on it, and we have full boat insurance, I mean everything down to the rental car reimbursement, for two drivers, 1M/1M -for 85$ a month. AAA had us at 15/30 for 200$ mo on the same vehicle. VAST difference.

So good luck

Re: USAA Offer - Should I go for it?

awp317 — Thu, 14 Aug 2014 17:10:54 GMT

USAA has been absolutly wonderful to me, They treat you well if you treat them well, and their customer service advisors are actually human. I want to garden for a year and let my mortgage settle down, then I want to apply for the 6.9% annual apr card they keep sending me offers for

Re: USAA Offer - Should I go for it?

BarryNTexas — Thu, 14 Aug 2014 20:36:52 GMT

Baller,

I called NFCU and talked them through my situation. They granted me membership and may in the future ask for documentation. They shared what I would need to produce and I think I can get that.

I funded the checking and savings. What are the next step with getting their credit products. I am thinking of waiting to request them after I have some med collections removed from my files... should increase my score. They took my SSN so maybe they already did a SP or HP?

Tell how you would proceed.

BTW - everyone else, I still plan to approach USAA before end of Sept on their offer.

Re: USAA Offer - Should I go for it?

Creditaddict — Thu, 14 Aug 2014 21:49:27 GMT

@BarryNTexas wrote:
Baller,

I called NFCU and talked them through my situation. They granted me membership and may in the future ask for documentation. They shared what I would need to produce and I think I can get that.

I funded the checking and savings. What are the next step with getting their credit products. I am thinking of waiting to request them after I have some med collections removed from my files... should increase my score. They took my SSN so maybe they already did a SP or HP?

Tell how you would proceed.

BTW - everyone else, I still plan to approach USAA before end of Sept on their offer.

they did hp already and I wouldn't wait and go ahead and apply for at least 1 credit card

Re: USAA Offer - Should I go for it?

Anonymous — Thu, 14 Aug 2014 22:04:38 GMT

I love USAA, i'm not eligible to be a full member but I have their checking and savings and couldn't be happier.

Re: USAA Offer - Should I go for it?

BarryNTexas — Thu, 14 Aug 2014 23:57:02 GMT

Wow - had no idea that setting up membership/checking/savings was a hard pull! Thanks for the head up Creditaddict!

I applied for the NFCU Cash Reward Siggy Visa and was approved for $15K. Amazing and really worth the HP!

Thanks

Re: USAA Offer - Should I go for it?

B335is — Fri, 15 Aug 2014 00:02:02 GMT

Congrats!!!