USAA Rewards AMEX Card
The USAA Rewards American Express Card is a good choice for anyone looking to earn a solid rate of return on dining, gas, and groceries. It's the best point earning card out of the 4 USAA Rewards Points earning cards USAA offers. The drawback is that the card earns 1 point per $1 on non-category purchases and there is no 1.5x earning card to combo with the USAA Rewards American Express Card leaving you with a sad return of 1%. Besides that, it's worth considering if you plan on banking with USAA.
USAA Reward Points
USAA Reward Points can be redeemed for airline travel, merchandise, gift cards, cash rewards into your USAA checking or savings account, applied to your account balance, cruise travel rewards and for charitable contributions. The value of these points will vary depending on the redemption. USAA Reward Points will be worth 1 cent each for most redemptions.
The USAA Rewards American Express Card features three bonus categories that earn extra points. Those categories are dining, gas, and grocery. There is no limit to the amount of points you can earn with this card. Below are the details on each bonus category featured on the USAA Rewards American Express Card.
Dining purchases on the USAA Rewards American Express Card will earn 3 USAA Reward Points per $1 spent. Dining purchases include both fast food, fine dining establishments, and anything coded as restaurant. This is equal to at least a 3% return which is not too bad. The Barclay Uber Card does a slightly better job in the dining category offering 4% cash back along with featuring 9 additional categories and having no fees. This is the highest earning on dining you can obtain between the USAA Reward Cards.
2x Gas Station
Using the USAA Rewards American Express Card at gas stations will earn 2 USAA Reward Points per $1 spent. These are businesses that are included in a merchant category identified as primarily selling automobile gasoline to consumers, such as Speedway, Shell, and BP gas stations. Earning a 2% return on gas isn't shabby, but there is definitely room for improvement. The USAA Cashback Rewards Plus Credit Card earns 5% back on the first $3,000 in gas purchases per year. That would be the card to pick up if you're looking to max out on gas earnings while sticking to USAA credit cards. Other cards that have good earnings consist of the PNC Cash Rewards Card which earns 4% cash back per $1 spent.
The USAA Rewards American Express Card earns 2 USAA Reward Points per $1 spent on grocery/supermarket purchases. These are business that are included in a merchant category identified as primarily selling non-wholesale groceries to consumers (such as neighborhood grocery stores and supermarkets). Places such as Costco, Walmart, and Sam's Club are not included in this category. Earning a 2% return on grocery is extremely low. The AMEX Blue Cash Everyday and AMEX Blue Cash Preferred both earn 3% and 6% cash back respectively and are still two of the best cards on the market in terms of supermarket earnings.
The USAA Rewards American Express Card earns 1 USAA Reward Point per $1 spent on non-category purchases. This is a low return of 1% and would be better placed on a card that earns a 1.5% or higher return. If you're sticking to USAA Credit Cards, the USAA Preferred Cash Rewards Visa Signature Card earns 1.5% cash back on all purchases. Outside of USAA, there is a plethora of options including the Capital One Quicksilver, Chase Freedom Unlimited, and AMEX Cash Magnet Card.
Perks and Benefits
As with all the USAA Credit Cards, the USAA Rewards American Express Card holders will receive an extremely reduced APR rate on all balances for up to 12 months during deployments or PCS. Cardholders will also receive a special rate on the balance of the account when the they enter active military duty which will last until one year after they complete active duty.
Sign Up Bonus
The USAA Rewards American Express Card sign up bonus is 2,500 USAA Reward Points after your first purchase. This is equal to about $25 since USAA Reward Points are worth 1 cents each on average. For the USAA Credit Cards that offer sign up bonuses, they all offer 2,500 points so you will not find a higher sign up bonus on their cards.
Credit Card Fees
|Authorized User Fee|
|Foreign Transaction Fee|
The USAA Rewards American Express Card does not have an annual fee. You will always get the best value out of your USAA Reward Points when redeeming them.
Authorized User Fee
There is no authorized user fee on the USAA Rewards American Express Card. If you have family and friends that spend in the bonus categories featured on this card, I recommend adding them to maximize your earnings.
Foreign Transaction Fee
The USAA Rewards American Express Card has a 0% foreign transaction fee. This allows you to earn points worldwide wherever AMEX is accepted.
You can use this rewards calculator to calculate how many points, miles, or cash back you can earn based on your spend per category. This calculator will also give you the dollar value of the card based on rewards earned and how much each benefit is worth to you minus the fees. You can click the Compare A Card button to compare this card against another card in the same calculator.
All category spend entered in the primary card's column will carry over to all credit card pages on the site so you don't have to re-enter the same information over again.
Editorial Note: All opinions expressed on this site are my own and not those of any bank, rental car company, credit card issuer, hotel company, or any entity mentioned herein. Opinions, calculators, and other editorial content on this page have not been approved or endorsed by any entities on this site. You can read our Private Policy to learn more.
Advertiser Disclosure: Advertisements are listed throughout this site. I may be compensated if you choose to use any of the links on this page. This includes, but is not limited to, making purchases, signing up for programs, and applying for credit cards. You can view the details of that on our Advertising Policy page.
About These Calculators: These calculators are provided to help you estimate the value of points, miles, and cash back you can earn with various rewards programs and using reward earning credit cards. These calculators are meant to provide an estimate of rewards earned and are not meant to reflect the exact amount of points you may receive. Be sure to read the terms and conditions of any credit card before you apply as benefit and perk changes may not be reflected immediately on this website.
The Point Calculator is owned by RF3 LLC. This site is informational and meant to provide help in calculating points with various programs. The owner of this site is not a legal or tax professional and the statements and articles on this site are opinion of the owner and should not be relied upon for individual circumstances.2019 The Point Calculator and its logo is copyrighted and owned by RF3 LLC. All Rights Reserved.