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DCU Platimun vs USAA rate advantage

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creditfan
Established Contributor

DCU Platimun vs USAA rate advantage

which card do you think will save you more money if you do cash advance and BT?

 there is also a trade off between DCU is high apr but no fee, and USAA is low apr but with 3% fee

let's take a $2,000 at a starting point to discuss Smiley Happy how much the interest will be between two cards

please give your opinion as a whole, thanks

 

 

p/s: one more thing to mention, usaa took away secure card and rate advantage card from partial members app

Message 1 of 7
6 REPLIES 6
Anonymous
Not applicable

Re: DCU Platimun vs USAA rate advantage

What interest rate are using for your example?
Message 2 of 7
creditfan
Established Contributor

Re: DCU Platimun vs USAA rate advantage

I was late in the last minute before it disappear, sigh!!!!

Message 3 of 7
creditfan
Established Contributor

Re: DCU Platimun vs USAA rate advantage

use the current of two cards

DCU 8.5%

USAA 6.90%

Message 4 of 7
Anonymous
Not applicable

Re: DCU Platimun vs USAA rate advantage

Without knowing how long you plan to carry this hypothetical BT -simply

Multiply the 3% for USAA and then calculate the daily interest rate for each card.

Message 5 of 7
Revelate
Moderator Emeritus

Re: DCU Platimun vs USAA rate advantage

Both are balance carrying cards given what I know of their rate structure; however, neither are simply designed for BT's.

 

I'll be picking up likely one or the other sometime next year post mortgage for a high CL / low APR card that I can float several months expenses on if I need to for whatever reason; however, for balance transfers there's a bunch out there with more attractive options in terms of either APR's or fees that are designed as BT targets, whereas neither of these two cards are.

 




        
Message 6 of 7
takeshi74
Senior Contributor

Re: DCU Platimun vs USAA rate advantage

 


@creditfan wrote:

use the current of two cards

DCU 8.5%

USAA 6.90%


Keep in mind that these are "as low as" rates.  What you qualify for with each may vary.

Message 7 of 7
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