USAA Preferred Cash Rewards

The Preferred Cash Rewards is a simple flat-rate card: 1.5% cash back on everything, no annual fee, and no foreign transaction fee, which makes it easy to carry overseas without doing mental math. The $250 signup bonus after $1,000 in spending within three months is a strong return for a card that costs nothing to keep. The honest limitation is the earn rate itself, since 1.5% on everything is below what flat 2% cards pay, and there are no bonus categories to make up the gap on groceries, gas, or dining. There is also no intro APR offer here, so it does nothing for existing debt or a purchase you want to spread out. Grab it for the bonus and the no-fee foreign spending, but do not expect it to be your top earner.