My next USAA Move

[Jolo0801]

So I have the USAA basic credit card for those rebuilding credit. I just recently found out that I have to have the card 18months before they will consider a PC or CLI.

So, like the addict am I, I app'd for the black cash rewards card and was denied but offered to get the secured Master card with it being secure with a 2year CD.

I current have a 1year CD with them with about $3000 in it.

The questtion is, should I get this secured card with the $300 I currently have in CD savings and socket draw the card.

I figure I would get a sort of 2 fold benefit from my money. 

1. Help with UTL with the $3000 limit

2. And earn a little interest (but the card does have a $35 annual fee) so not just if interest would even cover that at a 0.64% variable rate..

Your Thought?

[Anonymous]

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@Jolo0801 wrote:

So I have the USAA basic credit card for those rebuilding credit. I just recently found out that I have to have the card 18months before they will consider a PC or CLI.

So, like the addict am I, I app'd for the black cash rewards card and was denied but offered to get the secured Master card with it being secure with a 2year CD.

I current have a 1year CD with them with about $3000 in it.

The questtion is, should I get this secured card with the $300 I currently have in CD savings and socket draw the card.

I figure I would get a sort of 2 fold benefit from my money. 

1. Help with UTL with the $3000 limit

2. And earn a little interest (but the card does have a $35 annual fee) so not just if interest would even cover that at a 0.64% variable rate..

Your Thought?

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With the cards you already have what's the purpose of getting a secured card?

[Pway]

I agree with Irish80 here, what is the purpose of getting another secured card?  Based upon your line up I would pass all together.

[Anonymous]

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@Pway wrote:

I agree with Irish80 here, what is the purpose of getting another secured card?  Based upon your line up I would pass all together.

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^^What they said ^^

Especially since USAA doesn't graduate secured cards.

[Jolo0801]

Thanks Folks...Thats why I like to site.

It keeps bone heads like me from making silly mistakes.

But, I keep apping like it's a drug...I've gotta stop it and enter the garden...I need to stay there at least 24months to get rid of the these inquires.

I have a great line up some of you mention and I'm grateful for that...I just need to work on my UTL and I should see better scores..

Thanks a ton folks. I really appreciate it.

[sparklerd34]

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@Pway wrote:

I agree with Irish80 here, what is the purpose of getting another secured card?  Based upon your line up I would pass all together.

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I agree as well I'm in the same boat. It was my first major credit card in October and I was bummed but I was able to get the capital one quicksilver 1 with 1.5% . They are really good to start Usaa wants to see how your habit are 

[sparklerd34]

I agree as well I'm in the same boat. It was my first major credit card in October and I was bummed but I was able to get the capital one quicksilver 1 with 1.5% . They are really good to start Usaa wants to see how your habit are

[Tonya-E]

OP what are your thoughts on USAA credit products thus far?  My husband and I are members and he is thinking of getting a credit card there.  His scores are around 650 and the main reason is lack of credit. He has no forms of credit on his report except being an AU on my Amex and a car loan.

[Anonymous]

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@Jolo0801 wrote:

Thanks Folks...Thats why I like to site.

It keeps bone heads like me from making silly mistakes.

But, I keep apping like it's a drug...I've gotta stop it and enter the garden...I need to stay there at least 24months to get rid of the these inquires.

I have a great line up some of you mention and I'm grateful for that...I just need to work on my UTL and I should see better scores..

Thanks a ton folks. I really appreciate it.

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Good decision... Forget SECURE CARDS..