Z6, USAA Savings Bank regularly reviews credit card accounts and makes adjustments when necessary. If your line was lowered, you'll receive a letter by mail in the next few days with further details. Thank you, Jen
The same thing happened to me this week. It has completely shattered my trust with USAA. Of course noone notified me of this change. I am highly considering banking elsewhere after this. USAA only cared when I was active duty.
LadyUnLuck, our mission is to help our members facilitate financial security. Sometimes this can mean adjustments are done to help the overall picture for our members. Each member's life story is different. We do offer our financial advice representatives to help go over any concerns or questions you may have regarding credit and finances. We never want you to feel that we don't care; we want to help as best we can to make sure your future is secure.
In regards to our membership, membership is open to our Military and their families. It is not open to the general public. You may review more about this by clicking on this link: http://bit.ly/1WCFuBu.
We hope this is helpful. Have a great one, ~Jen
Mike5187 - No one wants to see a credit limit decrease. Please know that a decision to lower your credit availability in no way reflects your worth as a member. Our mission is to help facilitate the financial security of all our members. Sometimes this can mean adjustments are done to help the overall picture for our members. Each member's financial picture and needs are different. We do offer our financial advice representatives to help go over any concerns or questions you may have regarding credit and finances. We want to help as best we can to make sure your future is secure. Thanks for joining the conversation. - Jason
I have a Penfed card $20,000 limit and zero balance. Discover Card $19,500 and zero balance. Navyfed $25,000 and $6400 balance. I think if I pay my card off with USAA then I too would only be worth $1,500
Something went wrong with USAA, highest interest of all my cards and a lower and lower limit.
This just happened to me. They lowered mine by 1/3 completely destroyed my credit usage rating and have really hampered my process of buying a new vehilce. If I am unable to get the truck I want because of this, I'll be shoppng my auto loan, home and auto insurance to another company.