USAA points do not expire as long as the account is open and in good standing. You will forfeit any points you have yet to redeem if you or USAA closes your account for any reason.
Once the account is closed, USAA may give you 90 days to redeem your unused points. After that, you'll lose your points and will not be able to get them back.
Although USAA points don't expire until the account is closed, it's still a good idea to redeem your points as often as possible to reduce the risk of devaluation. Just bear in mind that USAA will not allow you to earn or redeem any points whenever you're late making the minimum payments.
To redeem USAA rewards, log in to the USAA Rewards Center online and select a redemption option. USAA also allows cardholders to redeem rewards by calling the phone number on the back of their card or by using the USAA mobile app.
Click on “View Rewards Activity” to get to the Rewards Center.
Find the list of redemption options. These will depend on which USAA rewards card you have.
Determine which redemption options give the most value for your cash back or points.
Redeem your USAA rewards.
Common redemption options across all USAA rewards cards include statement credits and gift cards, but the rest of the redemption options may change depending on which card you have. For some USAA credit cards, the various redemption options will be worth different amounts. Make sure you do your research so that you can maximize the value you get from USAA rewards redemption.
You can calculate reward point values by dividing the dollar value of what you redeem points for by the number of points required to get that product or service. This will leave you with the value of a single reward point. For example, if a $500 plane ticket costs 40,000 points, that means each point is worth 1.25 cents when redeemed for airfare.… read full answer
Cost of Item in Dollars / Cost in Points = Value of 1 Reward Point
In many credit card rewards structures, point redemption values change depending on what you redeem them for. Some credit cards give more value point-for-point on travel redemptions than cash back, for example. The average credit card reward point value is 1 cent, for reference.
The best way to use credit card points has been travel since 2014, according to WalletHub research. But that’s not a rule across the board. The best way to use credit card points will vary depending on what credit card you have. Your points could be worth just as much (or even more) in cash back or gift cards, so it’s a good idea to check the value of all the redemption methods before you redeem your points.… read full answer
The best way to find out what your points are worth is to log into your credit card account online, look for a rewards redemption section, and see how many points are needed for merchandise, cash back, gift cards, and travel. Then, find out how much you’d pay for those things outside of the redemption portal and do a points-to-dollars comparison. For example, if 100 points gets you 75 cents of a gift card, or $1 in plane tickets, you should go with the plane ticket.
WalletHub Answers is a free service that helps consumers access financial information. Information on WalletHub Answers is provided “as is” and should not be considered financial, legal or investment advice. WalletHub is not a financial advisor, law firm, “lawyer referral service,” or a substitute for a financial advisor, attorney, or law firm. You may want to hire a professional before making any decision. WalletHub does not endorse any particular contributors and cannot guarantee the quality or reliability of any information posted. The helpfulness of a financial advisor's answer is not indicative of future advisor performance.
WalletHub members have a wealth of knowledge to share, and we encourage everyone to do so while respecting our content guidelines. This question was posted by WalletHub.
Please keep in mind that editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not a financial institution’s responsibility to ensure all posts and questions are answered.
Ad Disclosure: Certain offers that appear on this site originate from paying advertisers, and this will be noted on an offer’s details page using the designation "Sponsored", where applicable. Advertising may impact how and where products appear on this site (including, for example, the order in which they appear). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.