Best Credit Cards For Military Spouses

As a military spouse, you know all too well the unique challenges that come with managing your household finances. Did you know that there are specific credit cards designed to cater to your needs and provide rewarding benefits, perks, and discounts? With so many options on the market, it can be tough to know which one is best for you. That's where our Flik Eco's comprehensive guide comes in! We'll break down the top credit card options for military spouses, so you can choose the card that's perfect for your situation and start reaping the rewards in no time.

1. USAA Cashback Rewards Plus American Express Card

If you're looking for a card that offers cashback rewards on both military base purchases and everyday expenses, the USAA Cashback Rewards Plus American Express Card is an excellent choice.

Key Features:

• No annual fee and no foreign transaction fees
• 5% cashback on the first $3,000 of combined gas station and military base purchases per year
• 2% cashback on the first $3,000 of supermarket purchases per year
• 1% cashback on all other purchases with no limit
• Special military benefits such as reduced interest rates during deployments and permanent change of station (PCS)

2. Navy Federal Credit Union (NFCU) Flagship Rewards Credit Card

The NFCU Flagship Rewards Credit Card offers generous rewards on travel and dining while providing military-specific benefits, making it an excellent choice for military spouses who enjoy traveling and dining out.

Key Features:

• No foreign transaction fees and a low annual fee of $49
• 3x points on travel and 2x points on dining purchases
• No point caps or expiration dates
• Up to $100 statement credit for Global Entry or TSA PreCheck application fee
• Special military benefits such as a direct deposit of your military pay one day early

3. Chase Sapphire Preferred Card

Although not specifically targeted at military families, the Chase Sapphire Preferred Card is a great option for military spouses who travel frequently or enjoy redeeming points for travel experiences.

Key Features:

• No foreign transaction fees and a waiver of the $95 annual fee for active-duty military personnel and eligible spouses
• 2x points on travel and dining purchases
• 1x point on all other purchases
• Redeem points for travel through the Chase Ultimate Rewards program for a 25% boost in value
• Transfer points to select airline and hotel partners at a 1:1 ratio
• Complimentary travel and purchase protection benefits

Best Credit Cards For Military Spouses Example:

Imagine you're a military spouse with a monthly budget of $500 for groceries, $300 for gas and base purchases, and $200 for dining out. With the USAA Cashback Rewards Plus American Express Card, you would earn $180 in cashback rewards per year on groceries, gas, and base purchases. Compare that to the NFCU Flagship Rewards Credit Card, where you would earn an equivalent of $144 in travel rewards per year on dining and $72 on other spending, for a total of $216. In this scenario, the USAA card would be a better fit for your spending habits. However, if your focus is on maximizing travel rewards, the Chase Sapphire Preferred Card may be the better choice.

Now that you have an overview of the best credit cards for military spouses, it's time to decide which one is the perfect fit for your lifestyle. Take the time to assess your spending habits, travel patterns, and reward preferences to ensure you choose a card that will truly make your life easier and more rewarding. Once you've made the decision, start using your credit card wisely and watch those rewards pile up! And remember, knowledge is power when it comes to personal finance. Don't forget to share this article with fellow military spouses and explore more insightful guides on Flik Eco to become a money management pro. Happy swiping!