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B
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USAA Report Card

Overall rating score 60%
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USAA Customer Review

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NotAnymore's Profile Image

1 out of 5 marks

Reviewed by NotAnymore

Jan 14th 2013

Not a bank! A greedy insurance company like all the rest.

This is an insurance company that wants to masquerade as bank to steal more money from service members.

After 17+ years with USAA, they suddenly decided that they would not insure my motorcycle anymore. I had a motorcycle insured with them before I ever even had a car.

They referred to me to Progressive, and assured me the same "exceptional customer service". Well, Progressive wanted 7x what I was paying for motorcycle insurance! Partly because I no longer had the multicar discount and I was a new customer etc etc.

I switched to State Farm and now I pay less than I was with USAA and have a $250 deductible instead of $500!

The folks at USAA are very nice. They explained that they didn't have the "experience to rate a motorcycle", so I had to switch to Progressive. ARE YOU KIDDING ME! They are an INSURANCE COMPANY that cannot write insurance polices! Yet they want Soldiers to trust them with their money, daughter's college fund, mortgage, auto loan?

USAA is no better than the competition. In fact, they are worse because they pretend to be part of the military family. Please don't follow them blindly as I did for so many years.

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Other USAA Reviews

5674's Profile Image

Reviewed by 5674

Apr 22nd 2014

2 out of 5 marks

Credit card balance transfer , despicable!

I took the bait when USAA sent me a offer of low credit card balance transfers, so I transferred my high rate cards. What I did not know is that after a short promotional period they would treat the balance as a cash advance, big bucks as we all know. I now pay more than before I transferred my balances! . So I asked if I can pay off what they considered "cash advances" separate from my regular credit card balance, NO!!!!

I take full blame for not getting out my microscope to read the entire journal (agreement) but, dammmm!

So, don't buy into all the "we help military personnel and their family's" crap. Your better off with Capitol One or other major credit card companies who don't go waving the American Flag while they give you a financial enema!

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Eric0626's Profile Image

Reviewed by Eric0626

Apr 17th 2014

2 out of 5 marks

Sucks as a bank

USAA was always good until I had to file bankruptcy. I am trying to set up a transfer to a different bank so that I can transfer funds there. This is the third transfer that I've set up with USAA, the first two I did not require documentation and now they have to mail me a paper just for me to send back in for them to do this.

One representative told me it was U.S. Bank that was requiring this documentation and the other representative was telling me that it was USAA. Which is it USAA?

They cut off access to the website because of the bankruptcy and now I can only access it on my cell phone or the mobile site, I have no idea why they would do this?

I love their car insurance but I think their bank sucks!

The only reason I bank with them is so that I can receive my paycheck early. Beware if you bank with them and go through bankruptcy, they will treat you like a redheaded stepchild after that.

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