I’ve been wanting to write this post for a while now. I’ve been a member of USAA for over 10 years and I’ve tried almost every one of their products. I’ve used their car and home insurance, banking, investment services, loans, and credit cards. They also offer flood insurance, life insurance, and over 40 other products. I have a picture at the bottom of the blog post with all of their products if you are interested.
Some of the products are AWESOME!! Then there are others that are just average or below average. I’ll cover each service they offer and whether I recommend it or not
Auto Insurance – HIGHLY Recommend
In the last 5 years I’ve lived in Colorado, Arizona, Utah, and Oregon. I always compare insurance rates between the major competitors in each area. The top two are always USAA and Geico. USAA has been the cheapest in 3/4 locations.
What I like about USAA Auto Insurance??
- Competitive prices
- Many discounts for being a good driver, student, military
- Great customer service
- While you are deployed or on TDY you can put your car on “Storage” which means you keep the policy but only pay like a $1/month while it is in storage. I did this for 3 months while on TDY’s because my wife has a car also and no one would be driving my car while I was gone. I saved over $100+.
Some people like having all of their accounts in one place. If this is you, than USAA is your best bet. I don’t know of any other company that offers every single financial need you could ever have.
If you do want to check out USAA’s investment profolio, they have a deal going on right now where you can Get 50 Commission-Free Trades. Click Here to Open a USAA Brokerage Account
Click Here To Get USAA Renters Insurance Quote
Here is my experience. I bought a used car and applied for an auto loan through PenFed and USAA. Both were advertising rates for used cars for 1.99% for 36 months. I applied for both and PenFed approved me for the offer while USAA approved it but raised the rate to 6.99%. I have great credit, I think my score last time I checked was in the 790’s. Ever since that I been weary of USAA Auto Loans.
Click Here for Auto Loan Rates
Credit Cards – Recommend
To check out USAA Banking services, Click Here