Macy's American Express Card vs USAA Preferred Cash Rewards

Common questions

Which card has the bigger sign-up bonus, Macy's American Express Card or USAA Preferred Cash Rewards?

The USAA Preferred Cash Rewards has a public bonus ($250 cash bonus, worth roughly $250), while the Macy's American Express Card doesn't advertise one right now.

Is the Macy's American Express Card's $0 annual fee worth it compared to the USAA Preferred Cash Rewards?

The Macy's American Express Card has no annual fee, so the question is whether the USAA Preferred Cash Rewards's $0 fee is justified by its perks. If you'll use enough of the USAA Preferred Cash Rewards's benefits to clear $0 in value annually, it's worth it; otherwise stick with the Macy's American Express Card.

Can I have both the Macy's American Express Card and USAA Preferred Cash Rewards?

Yes, since they're from different issuers (Department Stores National Bank and USAA) the application rules don't conflict. Many points enthusiasts hold both, they pair well when one earns flexible bank points and the other earns a different currency.

Should I get the Macy's American Express Card or the USAA Preferred Cash Rewards first?

Get the one whose sign-up bonus you can hit comfortably without overspending. Macy's American Express Card: no published min spend. USAA Preferred Cash Rewards: $1,000 in 3 months. Pick the easier minimum spend if you're new to points; pick the larger bonus if you have planned big purchases coming up.