How to Maximize Rewards With the USAA Cashback Rewards Plus American Express Card
The USAA Cashback Rewards Plus American Express Card earns 5% cash back for the first $3,000 in combined spending annually at gas stations, commissaries, exchange and shoppette locations on military bases, 2% cash back on the first $3,000 spent annually on groceries, and unlimited 1% cash back on all other purchases. Focus your spending in the categories that earn the 5% and 2% cash back to maximize your rewards.
Use usaa.com or the mobile app to track your earnings. Cash back for posted transactions is usually added within 48 hours.
What Are the Fees Associated With the USAA Cashback Rewards Plus American Express Card?
Annual fee: There is no annual fee.
Foreign transaction fee: There is no fee for foreign transactions.
Balance transfer fee: USAA Cashback Rewards Plus American Express Card charges 3% of the amount of each transfer.
Cash advance fee: USAA Cashback Rewards Plus American Express Card charges 3% of the amount of each cash advance, but that fee is waived when funds are transferred electronically to a USAA deposit account.
Penalty fee: There is a penalty fee of up to $35 for a late or returned payment.
Should You Get the USAA Cashback Rewards Plus American Express Card?
- Plan to spend at least $3,000 annually in combined gas station and military base purchases and at least $3,000 annually in grocery purchases.
- Are a USAA banking customer.
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