What is the USAA credit card exchange rate? This question is about USAA Credit Cards

What is the USAA credit card exchange rate?

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This question is about USAA Credit Cards

Kendall Morris, Credit Cards Moderator

@kendallmorris • 05/07/21 This answer was first published on 05/07/21. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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The USAA credit card exchange rate is the Visa or American Express exchange rate on the date a purchase is made, depending on the USAA credit card. While credit card currency exchange costs normally include foreign transaction fees, too, none of USAA’s credit cards have these fees. As a result, USAA credit cards will save cardholders around 1.53% on purchases with international merchants, compared to the average credit card offer.

Visa and Mastercard publish their exchange rates daily, while Discover and American Express don’t publish them at all. Some reports say that Mastercard tends to offer marginally better exchange rates than the others, but with so much volatility in the rates, this isn’t always the case.

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Is there a USAA credit card foreign transaction fee?

No, there is no USAA credit card foreign transaction fee. In the past, some USAA credit cards charged a 1% foreign transaction fee, but now all USAA cards have a 0% foreign transaction fee. That means you won’t be charged extra anytime you use a USAA card outside of the United States. This applies whether it’s a purchase at a physical location in a foreign country or an online transaction through an internationally-based merchant.

USAA...

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What is the easiest USAA credit card to get?

All USAA credit cards require good credit or better for approval, so they are all equally easy (or hard) to get. That doesn’t necessarily make USAA credit cards easy for anyone to get, though, because the average credit score is right on the edge of good credit. USAA does not currently issue any credit cards for people with less-than-good credit.

USAA Credit Card Requirements for Approval

USAA® Rate Advantage Visa Platinum® Card: requires excellent credit or better...

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How do I avoid foreign transaction fees?

The best way to avoid foreign transaction fees is to use a debit or credit card that waives foreign fees when you're traveling abroad or making online purchases from international retailers. About 25% of credit card offers don't have foreign transaction fees, so there’s no reason to pay the extra charge.

How to avoid foreign transaction fees

Get a credit card with no foreign transaction fee
Understand that foreign fees can...

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