USAA Cashback Rewards Plus American Express Card Review

USAA has various cashback cards but if you are looking to earn maximum rewards then USAA Cashback Rewards Plus American Express card should be on your list. The card gives you a fantastic cashback of 5% on combined purchases at gas stations and military base purchase. Anytime you shop for groceries you will continue to 2% cashback up to the first $3000 annually. You won’t be able to find any other card offering similar rewards. The earning potential on this card is generous even with the cap of $3000 on the 5% category.

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    HIGHLIGHTS

      Advantages of on USAA Cashback Rewards Plus American Express card.

      The card does not require category activation, category calendar tracking and you do not have to worry about the expiry of points. The rewards earned can be easily redeemed as statement credits or can be deposited to your USAA savings or checking’s account. The cashback earned can be redeemed in increments of $1.00.

      All the purchases that you make outside of the described category earn 1% cashback.

      Tip: The merchant code chosen during billing will determine the percentage of cashback that is credited into your account. Thus, ensuring that the correct merchant code is applied when shopping at a gas station or a military base or grocery store would mean that your account is credited with the offered cash back percentage.

      The additional savings on USAA Cashback Rewards Plus American Express card is that there is no annual fee, foreign transaction fee, and penalty APR. Having no foreign transaction fee is rewarding as you don’t have to calculate what you owe while making purchases abroad.

      While this card has many advantages, you do miss out on a few key benefits such as introductory APR, introductory bonus points which are not offered by USAA. Also, while other cashback cards have multiple options to redeem rewards the USAA Cashback Rewards Plus presents only two ways to redeem the rewards.

      USAA Cashback Rewards Plus American Express other benefits

      Some of the other key benefits which are worth considering while applying for this card are mentioned below:

      Servicemember’s Civil Relief Act Interest Rate (SCRA): You can apply for the SCRA interest rate for managing the debt that has been acquired prior to active duty. For your credit card balances, you may be eligible for a 4% rate with your USAA credit card. You must place a request within 180 days of completing active duty to receive the special rate. You can visit this page to know more about special USAA rates.

      Car rental insurance, extended warranty, identity theft protection, travel and emergency assistance, trip cancellation and interruption, travel accident insurance, and baggage delay reimbursement.

      USAA Cashback Rewards Plus American Express in comparison to other cards

      USAA Cashback Rewards Plus American ExpressChase FreedomPenFed Pathfinder Rewards American Express CardU.S. Bank Cash+ Visa Signature Card
      Zero Annual FeeZero Annual FeeZero Annual FeeZero Annual Fee
      Earn 5% cashback in combined category gas & military  base purchase up to $3000

      Earn 2% cashback on groceries up to $3000

      Earn 1% cashback on all other purchases
      Earn 5% cashback combined category up to $1500
      Quarterly category activation required.
      Link to Calendar

      Earn 1% cashback on all other purchases
      Earn 3x points on travel, 1 extra point if you  are a PenFed Honors Advantage Members

      Earn 1.5x points on all other purchases.
      Earn 5% cashback on two categories up to $2000.

      Earn 2% cashback on of chosen category such as gas/dining/ grocery.
      Link to Calendar

      1% cashback for everything else.
      No Foreign Transaction Fee3% of the amount of each transactionNo Foreign Transaction FeeNo Foreign Transaction Fee
      No Intro BonusEarn $200 as intro bonus after you spend $500 on  purchases within 90 days of account opening. Earn 25,000 bonus points after you spend $2,500  within 90 days of account opening.Earn $1500 as intro bonus after you spend $500 on purchases within 90 days of account opening
      No Intro APRYou can get a 0% APR for 15 months on balance  transfers and purchases from the date of account opening.No Intro APRYou can get a 0% APR for 12 months on balance transfers from the date of account opening.
      SRCA Rate can be availed for balances due prior  to active duty. Points can be transferred using Ultimate Rewards  to other premium chase cards and can be redeemed for a higher value in the  travel category. There are multiple options through which you can  redeem the earned rewards.  You can get $100 credit each for covering  incidental airline charges and TSA Precheck or Global Entry application form,  when you pay using your PenFed Path Finder Amex card.    N/A
      Price Protection

      Extended Warranty

      Travel Accident insurance

      Auto Rental Collision Damage Waiver

      Travel and emergency assistance services

      Trip Cancellation/Trip Interruption Insurance

      Zero Liability Protection

      Identity Theft Protection

      Concierge Service
      Purchase Protection

      Fraud Protection and Alerts

      Extended Warranty

      Zero Liability Protection

      Travel Accident Insurance

      Auto Rental Collision Damage Waiver

      Travel and emergency assistance service

      Lost luggage reimbursement

      Trip Cancellation/Trip Interruption Insurance
      Price Protection

      Extended Warranty

      Zero Liability Protection

      Travel Accident insurance

      Auto Rental Collision Damage Waiver

      Travel and emergency assistance services

      Fraud Protection 
      Extended Warranty

      Purchase Protection

      Auto Rental Collision Damage Waiver

      Travel and emergency assistance service

      Zero Liability Protection

      Concierge Service

      Roadside Assistance Dispatch Service
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      Conclusion

       The USAA Cashback Rewards Plus American Express falls short by not offering any welcome bonus or intro APR. Also, Visa cashback cards have a wider acceptance than American Express when traveling globally.

      The USAA Cashback Rewards Plus American Express, however, does hold up fairly well in comparison when you take into account special APR that can be availed while on active duty, it is this benefit that makes the card more appealing than its competitors. It is well suited for military personnel and families living in and around the base. To be able to apply for this credit card, you require good credit and must have USAA membership or be part of the military family.

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