The USAA Rate Advantage Credit Card is a $0 annual fee credit card for people with a close military connection and good credit or better. It can be pretty good for balance transfers, and people with excellent credit could get a low regular APR, but the offer is otherwise unspectacular.  

The USAA Rate Advantage Credit Card’s APR could be anywhere from 10.90% to 24.90% variable, depending on your overall creditworthiness when you apply. It doesn’t offer a low introductory rate for purchases, however, nor does it reward you for what you buy. But you can get a 0% balance transfer promotion, which could save you a lot of money.  

USAA Rate Advantage Credit Card Review Highlights

• Must have good credit and a military connection. You need good credit or better to qualify for the USAA Rate Advantage Platinum Visa Credit Card. And you can easily check your credit score for free on WalletHub to make sure you meet this particular requirement. But it’s not the only one. You also have to be an active, retired or honorably discharged member of the military, spouse or dependent of such individual, to qualify for USAA membership.
• Regular rates could actually be a disadvantage. The low end of the USAA Rate Advantage Platinum Visa Credit Card’s advertised APR range is well below the 23.93% average among credit cards for people with good credit (which you’ll need to get it). But the high end dwarfs the averages for cards that require good credit. So the lower your credit score is, the less advantageous the USAA Rate Advantage Visa will be.
• 0% intro rate on balance transfers. Although USAA Rate Advantage Credit Card does not have an introductory offer for purchases, it offers 0% for 15 months on balance transfers posted in the first 90 days of account opening, 10.90% - 24.90% variable after that. That’s above the average time period cards are offering for balance transfers (13 months, according to WalletHub’s latest Credit Card Landscape Report). There is also a balance transfer fee of 5% to keep in mind.
• No ongoing rewards. You don’t need to worry about rewards if you’re not planning to pay your bill in full every month. So the USAA Rate Advantage Credit Card’s complete lack of points, miles or cash back shouldn’t be too concerning. 
• No annual fee. The USAA Rate Advantage Platinum Visa Card is $26.75 per year cheaper than the average credit card, thanks to its lack of an annual fee. That’s important because an annual fee can easily counteract a low interest rate. With that being said, most USAA credit cards do not charge annual fees.