USAA Secured American Express Credit Card: deposit, fees and APR

Fact sheet for the USAA Secured American Express Credit Card, issued by USAA, with no annual fee. Every detail below comes from the issuer’s pricing and terms pages, checked on the date shown at the end of the page.

Issuer	USAA
Network	American Express
Annual fee	$0
Rewards	No rewards
Purchase APR	Secured credit cards, Regular APR is 27.40% (2.283 monthly periodic rate). This APR will vary with the market based on the Prime Rate plus a margin of 20.65%. (USAA Credit Card Agreement Pricing Addendum, form 138910-0926; not verified on the live card page)
Balance transfer fee	5% of the amount of each Balance Transfer (USAA Credit Card Agreement Pricing Addendum, all cards)
Foreign transaction fee	None
Credit level	Excellent, Good, Poor, Limited (tiers the issuer reports to the CFPB)
Secured	Yes, a refundable deposit sets the limit

What new cardholders actually got

In the CFPB's Terms of Credit Card Plans survey for July to December 2025, new accounts on this card got a median purchase APR of 26.65%. The advertised range above is what the issuer offers today; the survey shows where approved applicants landed.

Source: Consumer Financial Protection Bureau, Terms of Credit Card Plans survey.