USAA Preferred Cash Rewards vs USAA Rate Advantage Visa Platinum

Common questions

Which card has the bigger sign-up bonus, USAA Preferred Cash Rewards or USAA Rate Advantage Visa Platinum?

The USAA Preferred Cash Rewards has the bigger bonus, $250 cash bonus, worth roughly $250, versus None (~$0) on the USAA Rate Advantage Visa Platinum.

Is the USAA Preferred Cash Rewards's $0 annual fee worth it compared to the USAA Rate Advantage Visa Platinum?

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

Can I have both the USAA Preferred Cash Rewards and USAA Rate Advantage Visa Platinum?

Yes, though both are issued by USAA so the same issuer-specific application rules apply (Chase 5/24 if applicable, Amex once-per-lifetime bonus, etc.). 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 USAA Preferred Cash Rewards or the USAA Rate Advantage Visa Platinum first?

Get the one whose sign-up bonus you can hit comfortably without overspending. USAA Preferred Cash Rewards: $1,000 spend in 3 months. USAA Rate Advantage Visa Platinum: $0 in 0 months. Pick the easier minimum spend if you're new to points; pick the larger bonus if you have planned big purchases coming up.