Author Topic: HOT! 2.5% CASH BACK!!! credit card from USAA Bank  (Read 11948 times)

Offline ExGingi

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Nov 2015
  • Posts: 15474
  • Total likes: 7563
  • DansDeals.com Hat Tips 19
    • View Profile
  • Location: 770
  • Programs: בשורת הגאולה. From Exile to Redemption. GIYF. AAdvantage Executive PlatinumŽ
HOT! 2.5% CASH BACK!!! credit card from USAA Bank
« on: February 23, 2017, 11:48:43 AM »
Requires having USAA checking account with $1,000/month direct deposit (didn't test, but many times PayPal or Cash App deposits will count for such requirements - I do them regularly with another bank to avoid fees).

Without direct deposit you get 1.5% cash back.

It is labeled as a limited time pilot.

There's a workaround that will allow almost anyone to get a USAA checking account.

https://www.usaa.com/inet/wc/bank_cc_limitless_cashback_visa_signature
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline Jkhein

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Oct 2010
  • Posts: 4583
  • Total likes: 15
  • DansDeals.com Hat Tips 4
    • View Profile
Re: HOT! 2.5% CASH BACK!!! credit card from USAA Bank
« Reply #1 on: February 23, 2017, 12:28:06 PM »
there are many cards with 2% CB without this dd hassle

Offline m.m.

  • Dansdeals Gold Elite
  • ***
  • Join Date: Jul 2016
  • Posts: 242
  • Total likes: 6
  • DansDeals.com Hat Tips 0
    • View Profile
Re: HOT! 2.5% CASH BACK!!! credit card from USAA Bank
« Reply #2 on: February 23, 2017, 12:41:25 PM »
There's a workaround that will allow almost anyone to get a USAA checking account.
What is the work around?
and is there a work around to get the credit card also?

Offline a good yeshiva bachur

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Dec 2015
  • Posts: 2675
  • Total likes: 123
  • DansDeals.com Hat Tips 9
    • View Profile
Re: HOT! 2.5% CASH BACK!!! credit card from USAA Bank
« Reply #3 on: February 23, 2017, 02:31:25 PM »
What is the work around?
and is there a work around to get the credit card also?

why would you want USAA credit cards?

Offline mendy from lakewood

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: May 2014
  • Posts: 1199
  • Total likes: 50
  • DansDeals.com Hat Tips 26
  • Gender: Male
    • View Profile
  • Location: lakewood
  • Programs: United Premier 1K, Marriott Gold, IHG Gold, National EE, Hertz Presidential.
Re: HOT! 2.5% CASH BACK!!! credit card from USAA Bank
« Reply #4 on: February 23, 2017, 02:40:21 PM »
there are many cards with 2% CB without this dd hassle
care to name them?
"Respect is earned, Honesty is appreciated, Trust is gained, Loyalty is returned"

Offline gozalim

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Oct 2008
  • Posts: 4240
  • Total likes: 787
  • DansDeals.com Hat Tips 0
  • Gender: Male
    • View Profile
Re: HOT! 2.5% CASH BACK!!! credit card from USAA Bank
« Reply #5 on: February 23, 2017, 02:41:06 PM »
care to name them?
citi double cash
fidelity amex

Offline mendy from lakewood

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: May 2014
  • Posts: 1199
  • Total likes: 50
  • DansDeals.com Hat Tips 26
  • Gender: Male
    • View Profile
  • Location: lakewood
  • Programs: United Premier 1K, Marriott Gold, IHG Gold, National EE, Hertz Presidential.
Re: HOT! 2.5% CASH BACK!!! credit card from USAA Bank
« Reply #6 on: February 23, 2017, 02:42:37 PM »
citi double cash
fidelity amex
is there a yearly fee for those? Also is the 2and half percent back or only 2?
"Respect is earned, Honesty is appreciated, Trust is gained, Loyalty is returned"

Offline gozalim

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Oct 2008
  • Posts: 4240
  • Total likes: 787
  • DansDeals.com Hat Tips 0
  • Gender: Male
    • View Profile
Re: HOT! 2.5% CASH BACK!!! credit card from USAA Bank
« Reply #7 on: February 23, 2017, 02:43:06 PM »
is there a yearly fee for those? Also is the 2and half percent back or only 2?
no. 2.

Offline ExGingi

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Nov 2015
  • Posts: 15474
  • Total likes: 7563
  • DansDeals.com Hat Tips 19
    • View Profile
  • Location: 770
  • Programs: בשורת הגאולה. From Exile to Redemption. GIYF. AAdvantage Executive PlatinumŽ
Re: HOT! 2.5% CASH BACK!!! credit card from USAA Bank
« Reply #8 on: February 23, 2017, 03:27:50 PM »
citi double cash
fidelity amex
Fidelity is now Visa.

Their T&C say:
Quote
You will earn 2 points per dollar in eligible net purchases (net purchases are purchases minus credits and returns) that you charge. Credits, returns, adjustments, and certain transactions do not earn points. The 2% rewards value applies only to points redeemed for a deposit into an eligible Fidelity account. The redemption value is different if you choose to redeem your points for other rewards such as travel options, merchandise, gift cards, and/or a statement credit. Other restrictions apply. Full details appear in the Program Rules new card customers receive with their card. Establishment or ownership of a Fidelity account or other relationship with Fidelity Investments is not required to obtain a card or to be eligible to use points to obtain any rewards offered under the program other than Fidelity Rewards.

I don't know what eligible Fidelity accounts exist. I do know that USAA has a phenomenal checking account with no minimums, free checks (order 100 at a time), free ACH transfers in and out (extremely useful), remote deposit with great funds availability, ATM fee rebates. They now also have an account that give 10 cents per debit card charge of $1 or more, but no ATM fee rebates.
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline a good yeshiva bachur

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Dec 2015
  • Posts: 2675
  • Total likes: 123
  • DansDeals.com Hat Tips 9
    • View Profile
Re: HOT! 2.5% CASH BACK!!! credit card from USAA Bank
« Reply #9 on: February 23, 2017, 03:33:47 PM »
They now also have an account that give 10 cents per debit card charge of $1 or more, but no ATM fee rebates.
whats this account called?
« Last Edit: February 23, 2017, 03:44:23 PM by a good yeshiva bachur »

Offline gozalim

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Oct 2008
  • Posts: 4240
  • Total likes: 787
  • DansDeals.com Hat Tips 0
  • Gender: Male
    • View Profile
Re: HOT! 2.5% CASH BACK!!! credit card from USAA Bank
« Reply #10 on: February 23, 2017, 03:35:32 PM »
Fidelity is now Visa.

Their T&C say:
I don't know what eligible Fidelity accounts exist. I do know that USAA has a phenomenal checking account with no minimums, free checks (order 100 at a time), free ACH transfers in and out (extremely useful), remote deposit with great funds availability, ATM fee rebates. They now also have an account that give 10 cents per debit card charge of $1 or more, but no ATM fee rebates.
ביי מיר האסטו געפועל'ט!
(was just answering his questions)

now to find the loophole...

Offline a good yeshiva bachur

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Dec 2015
  • Posts: 2675
  • Total likes: 123
  • DansDeals.com Hat Tips 9
    • View Profile
Re: HOT! 2.5% CASH BACK!!! credit card from USAA Bank
« Reply #11 on: February 23, 2017, 03:44:50 PM »
how abusable is that?
who uses debit? (unless to use ATM)

Offline aygart

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: May 2008
  • Posts: 17264
  • Total likes: 14057
  • DansDeals.com Hat Tips 14
    • View Profile
    • Lower Watt Energy Brokers
  • Programs: www.lowerwatt.com
Re: HOT! 2.5% CASH BACK!!! credit card from USAA Bank
« Reply #12 on: February 23, 2017, 03:48:03 PM »
who uses debit? (unless to use ATM)
if it gives .10 then I would use it for small purchases
Feelings don't care about your facts

Offline a good yeshiva bachur

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Dec 2015
  • Posts: 2675
  • Total likes: 123
  • DansDeals.com Hat Tips 9
    • View Profile
Re: HOT! 2.5% CASH BACK!!! credit card from USAA Bank
« Reply #13 on: February 23, 2017, 03:58:40 PM »
if it gives .10 then I would use it for small purchases
good point!
so,
whats this account called?


Offline gozalim

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Oct 2008
  • Posts: 4240
  • Total likes: 787
  • DansDeals.com Hat Tips 0
  • Gender: Male
    • View Profile

Offline ExGingi

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Nov 2015
  • Posts: 15474
  • Total likes: 7563
  • DansDeals.com Hat Tips 19
    • View Profile
  • Location: 770
  • Programs: בשורת הגאולה. From Exile to Redemption. GIYF. AAdvantage Executive PlatinumŽ
Re: HOT! 2.5% CASH BACK!!! credit card from USAA Bank
« Reply #15 on: February 23, 2017, 04:10:30 PM »
how abusable is that?
Like everything. I would assume that if you abuse they shut you down.

Discover has something similar (though I think they don't put a $1 threshold for purchases), and their T&C specifically talk about breaking up transactions, etc. etc.
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline JTZ

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Apr 2016
  • Posts: 1884
  • Total likes: 230
  • DansDeals.com Hat Tips 1
    • View Profile
Re: HOT! 2.5% CASH BACK!!! credit card from USAA Bank
« Reply #16 on: February 23, 2017, 04:35:58 PM »
how abusable is that?
This is one product I won't abuse. Remember when you abuse this product it hurts all their members.
"LESS IS MORE" It is the cumulative effect that kills deals!!! How many times do I have to say this?  >:(

Offline ExGingi

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Nov 2015
  • Posts: 15474
  • Total likes: 7563
  • DansDeals.com Hat Tips 19
    • View Profile
  • Location: 770
  • Programs: בשורת הגאולה. From Exile to Redemption. GIYF. AAdvantage Executive PlatinumŽ
Re: HOT! 2.5% CASH BACK!!! credit card from USAA Bank
« Reply #17 on: February 23, 2017, 04:39:24 PM »
This is one product I won't abuse. Remember when you abuse this product it hurts all their members.
Yes and no.

I think they would shut you down before it really has a chance to cause real harm.

Back in the day when Chase Freedom was giving 10 points per swipe, I did quite a bit (using a script) in Amazon GC reloads of 50 cents at a time. After a couple of months, Chase changed my account to no longer give those. But it was really nice to get 20 UR or more per $ at Amazon while the going was good.
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline Redbull3

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Dec 2011
  • Posts: 3486
  • Total likes: 415
  • DansDeals.com Hat Tips 1
    • View Profile
  • Programs: Blocked By @NeriaKraus
Re: HOT! 2.5% CASH BACK!!! credit card from USAA Bank
« Reply #18 on: February 23, 2017, 05:07:43 PM »
Yes and no.

I think they would shut you down before it really has a chance to cause real harm.

Back in the day when Chase Freedom was giving 10 points per swipe, I did quite a bit (using a script) in Amazon GC reloads of 50 cents at a time. After a couple of months, Chase changed my account to no longer give those. But it was really nice to get 20 UR or more per $ at Amazon while the going was good.
Good times.

Offline chinagel

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Mar 2014
  • Posts: 3860
  • Total likes: 383
  • DansDeals.com Hat Tips 1
    • View Profile
  • Location: brooklyn
Re: HOT! 2.5% CASH BACK!!! credit card from USAA Bank
« Reply #19 on: February 23, 2017, 05:40:56 PM »
Good times.
i was in israel then and it was worth it to pay the 3% fee every time i got a rugelah from nechama for 50 agurot ;D