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Helpful Advice re: USAA Balance Transfers


Helpful Advice re: USAA Balance Transfers

USAA charges a 3% fee on balance transfers. They also charge a 3% fee on cash advances. This is unhappy. 



They do NOT, however, charge any sort of fee for a transfer from a USAA credit card to a USAA checking or savings account, and these transfers are at the same rate as purchases. 



SO ... Anyone contemplating doing a balance transfer to a USAA card:



Advance the funds to your USAA checking account, then use that checking account to just pay off the other cards normally. Presto, free balance transfer!

FICO 04 scores: 809 (EQ) 812 (EX) 818 (TU)

Amex Platinum NPSL - Citi HHonors Sig. $58k - BMW Ultimate $40k
Chase Sapphire Preferred $62k - Merrill Lynch + Signature $41k - USAA Rate Advantage $28k
NFCU Flagship Signature $50k - USAA Cash Rewards AMEX $28k
Citi Platinum Select / AAdvantage Signature $31k - Chase Amtrak Rewards World MC $41k

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