How To Apply For USAA® Rate Advantage Visa Platinum® Card

For a few military families, it becomes a little difficult to manage credit cards. Between new base moves, deployments and other military challenges, a credit card may slip to the back of your mind quickly, if you are military personnel. However, the USAA® Rate Advantage Visa Platinum® Card can remove all your hassles and worries with its lowest APR and other great features. This is a low-cost credit card that is designed especially for the military & veteran families. This card comes without any annual fee, penalty APR, and foreign transaction fee and offers you the lowest rate among all USAA credit cards. Today, we will take a review of this card and let you know how you can apply for this card online.

USAA® Rate Advantage Visa Platinum® Card Fees And Penalties

Fees: This card charges no annual fee. The balance transfer charge is 3% (maximum $200). There is no foreign transaction fee, which means that you can use this card to make transactions abroad without paying any fee. For a cash advance, you will have to pay a 3% fee (maximum $200).

Penalties: If you are unable to make payments within the given timeframe, then there will be a $35 late payment fee. However, there is no penalty APR, which is a good thing to notice. The fee of the returned payment is also $35.

Some Notable Features

Although there are many, here are some of the notable features of the USAA Rate Advantage Visa Platinum Card that you must take a look at:

• $0 foreign transaction fee
• Car rental insurance
• Extended warranty
• Return protection
• Price protection
• Satisfaction guarantee coverage
• Worldwide automatic travel accident insurance
• Baggage-delay insurance
• Identity theft
• Permanent/deployment change of station (PCS) rate
• 4% special SCRA rate
• Military campaign benefit

This card has a lot to praise for. It has the lowest interest rate when you compare it with other cards in the industry. Apart from the above-listed features, the card also has many other features, such as no over-the-limit-fee. Plus, you also get some exceptional travel benefits. However, one drawback of this card is that this card doesn’t have the 0% intro offer for the new & transferred balances. This card isn’t available for the general public and only the eligible members of the armed forces, honorably discharged veteran, and their families can apply for this card. However, some individuals who have some types of military connections might also be eligible for this card. Let’s take a quick look at some of the other aspects of the card.

8.65% APR

The 8.65% APR on this card is exceptional among all low-interest rate credit cards. However, this low-interest-rate is only available to the cardholders who have excellent credit. As per the credit rating of the cardholder, the interest rate may change up to 25.65%.

Low Fees

When it comes to the card fees, then you will find it quite reasonable. Of course, there is no annual charge, over-the-credit-limit charge or penalty APR. This card also doesn’t charge any foreign transaction fee. Therefore, you can call this card a great option for overseas travel. This card comes with a 3% balance transfer charge that is definitely better than the average. However, this card isn’t an ideal choice for the debt consolidation because it doesn’t have the 0% or reduced intro APR offer.

Deployment / Service Member’s Civil Act Rate (SCRA)

You will get a 4% APR on the balances for 12 months of the deployment. In addition to that, you will receive a 4% APR for the pre-existing balance throughout the year after your return from the deployment. You can call it a decent rate, but not the best.

Purchase Protections

If you have purchased something and you find the same product at a lower rate within the sixty days of the purchase, then the card will reimburse that difference. This benefit can be used up to 4 times in a single year. This card also comes with return protection and extended warranty. This allows the cardholder to return the merchandise within sixty days of the purchase for a refund of up to $250.

No Rewards

Unfortunately, the USAA® Rate Advantage Visa Platinum® Card does not come with any rewards program. So, you will have to compromise it to get the lowest APR. There are certainly a few other credit cards with low rate and rewards, but none of them would offer you as low 8.65%.

Reasons Why You Should Opt For USAA Rate Advantage Visa Platinum Card

You should apply for this card if you normally carry the balance on the semi-permanent or permanent basis and looking for the lowest possible APR. This card is a good choice for those who are not at all interested in debt consolidation. If you do not care about the cash back or rewards, then you can consider this card.

Instructions To Apply For The USAA® Rate Advantage Visa Platinum® Card

To apply for the USAA Rate Advantage Visa Platinum Card online, you need to access the official page that the bank has created to accept card applications. Here is how you can submit your online card application:

1. Open an updated internet browser, and then access the official USAA® Rate Advantage Visa Platinum® Card webpage.
2. On this page, you can see the card image along with complete card information. Read the information, if you want to, and then click the “Get Started” button that is available on the left-hand side of the page.

To apply for this card online, you need to be registered for an account on their website. If you are already registered, then log in using your account Online ID and Password. If you are not yet registered, then you should first create an account by clicking the “Join Online” button on that page. After you are logged into your online account, the credit card application will start. Simply fill up the online application form to submit your application.