About SCRA and state military benefits
These benefits provide qualifying military service members with a 6% interest rate as well as waivers for certain account fees. Federal SCRA benefits apply to debt incurred before qualifying military service.
In addition, some states offer the benefits no matter when the debt was incurred, may provide an option for deferring payments, and may extend benefits to families or dependents of military servicemembers.
USAA goes above and beyond by offering a maximum interest rate of 4% on accounts that qualify for the SCRA or state military benefits. See note 1 Members may expect notification of eligibility approximately 30 days from the date of request.
Eligible account types
- Credit cards
- Auto loans
- Personal loans
- Home equity loans and lines of credit
- Mortgages See note 1
- Other collateral loans