4.0/5
USAA Rate Advantage Visa® Platinum Credit Card
- Best for: USAA members who regularly carry a balance
- What Sets It Apart: Lower rates than any other USAA card, at both ends of its range
- Cost: $0 annual fee; 10.40% to 24.40% variable APR; 5% balance transfer and cash advance fee; $0 foreign transaction fee
- Features: 0% through the May 2028 billing cycle for balance transfers that post by January 31, 2027; 4% rate cap for eligible active-duty members
- Pros: USAA’s lowest rates; no penalty APR; cash advance fee waived on transfers to a USAA Bank account
- Cons: No rewards; a balance transfer ends the interest-free period on purchases until you pay off the whole balance; no transfers from other USAA cards; no intro rate on purchases; members only
Where you land in that range depends on your credit and other factors, and the rate can change monthly with the market. To see whether the interest you’d save beats the cash back you’d give up, weigh the rate against rewards before you apply.
Key Features
- Variable APR, the yearly interest rate, of 10.40% to 24.40% on purchases, balance transfers, and cash advances
- Intro APR of 0% through the May 2028 billing cycle for balance transfers that post by January 31, 2027
- 5% fee on each balance transfer and cash advance, with no annual or foreign transaction fee
- 4% rate cap for eligible active-duty members, typically on a card opened before their service, below the 6% cap the Servicemembers Civil Relief Act requires
- Open to USAA members: current and former military, their spouses, and members’ children
Pros
- Lower rates than any other USAA card, at both ends of its range
- No penalty APR, so a late payment costs a fee of up to $35 but never raises your rate
- Cash advance fee waived when you move the money to a USAA Bank account
Cons
- No rewards on purchases
- A balance transfer ends the interest-free period on new purchases until you pay off the whole balance
- Balance transfers can’t come from another USAA card
- No intro rate on purchases, unlike USAA’s Eagle Adapt
At the lowest rate each offers, 10.40% here and 15.40% on USAA’s cash back cards, a $3,000 balance carried for a year costs about $150 less on this card, by our math. Members who pay their statement in full each month owe no interest on purchases, so one of USAA’s rewards cards earns them more.
Learn more about the USAA Rate Advantage Visa® Platinum Credit Card or see how it compares to the best low interest credit cards.
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