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      11-19-2012, 04:59 AM   #6
JMX328
Insert Something Witty.
United_States
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Drives: 2009 328i
Join Date: Jul 2012
Location: California


Posts: 32
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Quote:
Originally Posted by Luong View Post
Damn. I'll call them tomorrow then. I've been with USAA since 07!
Don't waste the time - USAA (along with most major banks and credit unions) ended their debit reward system in 2011, just FYI, thanks to Durbin Amendment of the Dodd-Frank Act.

Source:

https://www.usaa.com/inet/ent_blogs/...t_card_rewards

Quote:
USAA Bank ends debit card rewards to preserve free checking and other member-valued benefits.

A new federal law will significantly reduce the revenue banks receive from merchants when consumers pay with a debit card. USAA Bank has always returned the majority of this revenue to its members in the form of benefits, such as free checking, ATM fee refunds and debit rewards.

As a result of the law, USAA Bank will end its debit card rewards program Sept. 1. Unlike other banks responding to the new law, USAA Bank is not adding fees or eliminating the benefits that members value most, including free checking and ATM fee refunds.