Credit cards can be a valuable financial tool for everyone, including military personnel. With a unique lifestyle and the need for flexibility in managing finances, having the right credit card becomes even more essential for those in the military. In this Flik Eco guide, we will be exploring some of the best credit card options available for military service members, discussing the features, rewards, and benefits that suit their specific needs.
Credit Cards For Military Table of Contents
The Top Credit Cards for Military Personnel
1. USAA Cashback Rewards Plus American Express Card
USAA is known for providing excellent financial services specifically designed for military members and their families. The USAA Cashback Rewards Plus American Express Card offers a competitive cash back rewards program, tailored to military needs:
- 5% cash back on gas purchases and military base purchases, up to $3,000 annually
- 2% cash back on grocery purchases, up to $3,000 annually
- 1% cash back on all other purchases, with no limit
Moreover, USAA offers a 4% APR on all balances for up to 12 months during deployment or PCS, and there's no annual fee on this card.
2. The Navy Federal Credit Union nRewards Secured Card
Designed for service members with limited or no credit history, the NFCU nRewards Secured Card helps build credit while offering rewards. Cardholders earn one point for every dollar spent, which can be redeemed for gift cards, merchandise, or cash rewards. With its low APR, no annual fee, and no balance transfer fee, this card is an excellent choice for military members with no initial credit history.
3. Chase Sapphire Preferred Card
The Chase Sapphire Preferred Card is popular among travelers, making it a great option for military members who move or travel frequently. Key features include:
- 2x points on travel and dining, 1x points on all other purchases
- 25% more value when points are redeemed for travel through Chase
- 60,000 bonus points after spending $4,000 within the first three months
- No foreign transaction fees
While this card has a $95 annual fee, the valuable rewards program and travel benefits make it an ideal choice for military members who are frequent travelers.
4. The Platinum Card from American Express
The Platinum Card from American Express is an excellent option for military personnel who enjoy premium travel benefits and rewards. The annual fee is waived for active-duty service members and it comes with a myriad of travel perks:
- 5x points on flights and prepaid hotels through Amex Travel
- Access to airport lounges worldwide
- Up to $200 in annual airline fee credits
- Elite hotel status with Hilton and Marriott
- Up to $200 in annual Uber credits
This card is best suited for service members who travel often and can make the most out of these premium benefits.
Credit Cards For Military Example:
Imagine you're a military service member who is frequently traveling for work and taking advantage of opportunities to explore new places during your downtime. You apply for the Chase Sapphire Preferred Card and the Platinum Card from American Express to maximize rewards and benefits.
Upon receiving these cards, you can now enjoy extra rewards for travel and dining purchases, access to the airport lounges, and valuable perks like hotel upgrades, airline fee credits, and more. By making the most of these benefits, your credit card usage will not only make your life easier and more enjoyable but also save you money.
Whether you're active duty, a veteran, or a military family member, having a credit card tailored to your unique needs is crucial for managing your finances effectively. We hope this Flik Eco guide has informed you about some of the best credit cards for military personnel and provided the knowledge necessary to make an empowered decision.
Feel free to explore other guides and articles on Flik Eco for more personal finance tips and insights catered to your needs. If you found this article helpful, be sure to share it with your friends and fellow service members, so they can also benefit from this valuable information!
