Credit Score:
524
Credit Limit:
1500
Age:
35-44
Posted 10/14 2014
I was looking to rebuild my credit and was surprised that I was declined for a few secured card from other issuers. Luckily, USAA accepted me and I could not be happier.
Credit Score:
586
Credit Limit:
1000
Age:
35-44
Posted 08/27 2014
I was surprised that I was only approved for a secured card from USAA, whereas Navy Federal and PenFed both approved me for unsecured cards. The downside is that I have to put a deposit. Overall, I would say the card is ok.
Credit Score:
585
Credit Limit:
800
Age:
35-44
Posted 06/05 2014
USAA Amex will not increase your credit limit even over time. You are stuck with the initial deposit which you have to leave with USAA for 2 years. The interest you receive will not even cover the annual fee.
There are other issuers like Cap One that will increase your limits if you demonstrate good and timely payments.
Their payment is also sub par. They can and have put on hold my payments for up to 10 days.
Credit Score:
533
Credit Limit:
1500
Age:
45-54
Posted 05/29 2014
This card does not graduate to an unsecured card. So you are stuck for 2 years with it and your credit might take a slight hit when you cancel later on.
Credit Score:
615
Credit Limit:
500
Age:
35-44
Posted 10/03 2012
Well I guess it will help your credit but I've been told it won't convert to an unsecured card. So you either have to close your account to get your security deposit back or keep it forever and just apply for an unsecured at some point. I have no complaints with USAA but just a warning not to put too much into the security deposit if you are expecting to get it back any time soon.
Credit Score:
615
Credit Limit:
2500
Age:
25-34
Posted 08/23 2011
I've been using this card to fix my credit (like everyone else) and made a large deposit. You can increase your limit by making payments in $50 increments but I was unhappy to find out that there is a limit of 5k. Also, I can't use it in some countries because it's an American Express. As someone in the military (which is almost everyone at USAA) this can be a problem.
Credit Score:
515
Credit Limit:
750
Age:
25-34
Posted 07/11 2011
Not a good card for people who travel a lot. Although the foreign fee is only 1%, there are still a lot of places that don't accept American Express. I guess Visa and MasterCard are still the favorites. Plus, I received this card with a 19% APR which I know is because my credit is terrible but I still don't like it. I just have to make sure I pay my balance every month.
Credit Score:
600
Credit Limit:
500
Age:
18-24
Posted 04/28 2010
just not happy that I have to go through this plus pay an annual fee. I don't think having no credit should be a punishment.
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