How to get a USAA business credit card

How to Get a USAA Business Credit Card

Want to get a USAA business credit card? It’s your lucky day. From understanding the eligibility criteria to maximizing rewards and managing expenses, this guide aims to provide you with essential insights to streamline the application process and make informed decisions about leveraging a USAA business credit card for your enterprise.

Whether you’re a small business owner or an established company, the following steps empower you to access the financial flexibility and perks associated with USAA’s business credit solutions.

How to Get a USAA Business Credit Card

  1. Understand Eligibility Criteria
  2. Gather Necessary Business Information
  3. Visit The USAA Website or Contact Customer Service
  4. Understand The Types Of Credit Cards 
  5. Complete The Online Application
  6. Receive and Activate The Business Credit Card

Step 1:  Understand Eligibility Criteria

To get a USAA business credit card, understand eligibility criteria. First, be a USAA member, be a current or former member of the United States armed forces or their eligible family members, and have a good credit score. USAA typically requires you to have a credit score of 680 or higher.

Plus, you need to have an annual revenue of at least $50,000. This requirement is in place to ensure that you have the financial capacity to use the credit card responsibly. Don’t forget that you need to reside in the United States. USAA business credit cards are currently only available to businesses that run in the United States.

Step 2: Gather Necessary Business Information

To obtain a USAA business credit card, gather necessary business information. This information helps USAA assess your business’s financial health and determine your eligibility for the card. Some of the key pieces of information you need to provide include:

  • Business LEGAL NAME: This is the official name of your business as registered with the government.
  • Business tax ID number: This is the Employer Identification Number (EIN) or taxpayer identification number (TIN)i the Internal Revenue Service (IRS) issues to your business.
  • Business address: This is the physical location of your business, including the street address, city, state, and zip code.
  • Business phone number: This is the primary phone number for your business, where potential customers or partners can reach you.
  • Year business started: Specify when your business officially starts operations.
  • Annual business revenue: This is the total amount of income generated by your business over the past year.
  • Number of employees:  Indicate the number of people your business employs, including full-time and part-time staff.
  • Personal financial information: This includes your personal credit history, income, and assets, as your personal finances may also be considered in the evaluation process.

By providing accurate and complete business information, you demonstrate your transparency and cooperation with USAA. This information ought to help USAA make an informed decision about whether to approve your application for a USAA business credit card and determine the appropriate terms and conditions, such as interest rates, credit limits, and rewards programs.

Step 3: Visit the USAA Website or Contact Customer Service

To attain a USAA business credit card, visit the USAA website or contact customer service. Once you gather all the necessary business information, you can proceed to apply for the card through either of these channels. 

USAA Website:

  • Navigate to the USAA Business Credit Cards page.
  • Choose the specific business credit card you require.
  • Click on the “Apply Now” button.
  • Fill out the online application form, providing accurate and complete information about your business and yourself.
  • Review the terms and conditions of the credit card agreement.
  • Submit the application form.

To apply via USAA customer service:

  • Contact USAA customer service by phone at 1-800-531-USAA (8722).
  • Inform the customer service representative that you want to apply for a USAA Business Credit Card.
  • Provide the necessary business information and personal financial details to the representative.
  • Review the terms and conditions of the credit card agreement as explained by the representative.
  • Proceed with the application process as instructed by the representative.

Regardless of the channel you choose, you’re going to receive a confirmation email or notification after submitting your application. USAA reviews your application and provides a decision within a few business days.

If approved, you are going to receive your USAA business credit card in the mail within 7-10 business days. Remember to activate your card and set up your online account to start using it for your business needs.

Step 4: Understand the Types of Business Credit Cards USAA Offers 

To acquire a USAA business credit card, understand the types of business credit cards USAA offers. 

USAA offers a variety of business credit cards to suit the diverse needs of its members. Each card comes with unique features, benefits, and interest rates tailored to your specific business spending categories.

Here’s a brief overview of some of the main types of USAA Business Credit Cards and their respective credit limits and interest rates:

USAA Business Preferred Cash Rewards Credit Card: This business credit card offers a flat 1.5% cash back on all eligible purchases, with no limits or restrictions. It has an introductory APR of 0% for 12 months on balance transfers and purchases, followed by a variable APR of 14.99% to 24.99%. Its credit limit ranges from $5,000 to $50,000.

USAA Business Rewards Platinum Card: This business credit card offers you valuable travel rewards, with 2 points per dollar you spend on travel and dining, and 1 point per dollar on all other eligible purchases. It has an introductory APR of 0% for 18 months on balance transfers and purchases, followed by a variable APR of 15.99% to 25.99%. Its credit limit ranges from $5,000 to $50,000.

USAA Business Unlimited Cash Rewards Credit Card: This business credit card offers a simple cash back structure with 1.5% cash back on all eligible purchases, with no limits or restrictions. It has a variable APR of 16.99% to 26.99%. Its credit limit ranges from $5,000 to $50,000.

USAA Business Secured Credit Card: This business credit card is best for your business if it has a limited credit history or if you want to rebuild your credit. It requires a security deposit that determines the credit limit. The card has a variable APR of 17.99% to 27.99%.

USAA Business Classic Credit Card: This card offers a straightforward rewards program with 1 point per dollar spent on all eligible purchases. It has a variable APR of 16.99% to 26.99%. Its credit limit ranges from $5,000 to $50,000.

Step 5: Complete the Online Application

To get a USAA business credit card, complete the online application.  The application process is typically straightforward and you can complete it in a few minutes. Here’s a step-by-step guide:

  • Visit the USAA business credit card website: Go to the USAA business credit card website and click on the “Apply Now” button.
  • Create an account or sign in: If you already have a USAA account, sign in using your existing credentials. If you are a new customer, create a new account by providing your personal information.
  • Select the business credit card product: Choose the specific USAA business credit card product that best suits your business needs and preferences.
  • Enter business information: Provide the business information you gathered in the previous step, including the business legal name, tax ID number, business address, phone number, year business started, annual business revenue, and number of employees.
  • Enter personal financial information: Complete the personal financial information section, including your name, date of birth, address, Social Security number, and employment details.
  • Review and submit application: Review the application carefully to ensure all information is accurate and complete. Once satisfied, submit the application.
  • Await decision: USAA ought to review your application and make a decision within a few business days. You ought to receive a notification regarding the approval or denial of your application.

The interest rates for USAA business credit cards vary depending on the specific card product and your business’s creditworthiness. However, as a general reference, the variable APRs for USAA Business Credit Cards typically range from 13.99% to 21.99%.

Step 6: Receive and Activate the Business Credit Card

To get a USAA business credit card, receive and activate the business credit card. Once approved, USAA sends the business credit card to the  address you provide during the application. Upon receipt, carefully review the terms and conditions enclosed with the card.

To activate the business credit card, typically a simple process involving a toll-free number or an online activation portal is provided. Follow the instructions USAA provides to activate your card securely. Activation is a crucial step before utilizing the card for business transactions, ensuring a seamless integration of the credit line into your financial operations.

Final Thoughts 

To successfully navigate the process of obtaining a PNC credit card, start by comprehensively understanding the available options. Once informed, gather the necessary documentation required for the application process.

Explore the features and benefits associated with PNC credit cards to make an informed decision that aligns with your financial goals. Following this, complete the online application diligently, ensuring accuracy and truthfulness in the information provided.

Subsequently, patiently await the credit card approval decision, monitoring your application status through PNC’s online portal. Upon approval, take the time to familiarize yourself with the specific terms and conditions of your chosen credit card, ensuring a well-informed and responsible approach to managing your new financial tool.

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