USAA Subscribers Savings Account (SSA) ~ Senior Bonus (10%)

[mickeyd]

There was a post here about a month ago about the USAA SSA senior bonus. As I have now been a member for 40 years (P&C customer), I guess I'm now a senior!

On 2/16/07 my P&C bill was credited with $478.37 toward my $120.35 February bill!

My last SSA statement (2/14/06) indicated a balance of $4385.77, so USAA credited my 2006 premiums paid and factored it into the total and credited me with 10% of the new total, which must be $4783.70.

This is such a great bonus and I am wondering why USAA does not promote it as a positive aspect of being a long-time customer. I had never heard of this until USAA sent me a letter in mid December 2006 that advised me that I had been with them for 40 years etc.

I have no idea how much I have paid in these 40 years of auto and homeowners premiums, probably close to $20k-$30k, but, for that premium, I think that I have received pretty good insurance coverage though I have filed very few claims in my lifetime.

I assume that there are other USAA "seniors" on this forum who have received this financial windfall annually also.

[OAG]

Only in my 21st year with them and doubt it very much if I will make 19 more but those yearly little checks (now credits) are nice along with the larger SSA increases in each February.

Your SSA balance is a nice little bit of change to leave behind for final bills also.

[2soon2tell]

I have been a USAA member for almost 38 years. Every December I get a check for the overage in my SSA account.

The money does come in handy at Christmas.

2soon