As an active duty military member, you've made countless sacrifices and commitments to serve and protect your country. One of the perks that come along with your dedicated service is access to various financial benefits, including credit cards specially tailored to the needs of active duty military personnel. These credit cards not only offer convenience and security but also deliver valuable rewards and unique benefits designed to optimize your financial well-being. So why not maximize these advantages with the perfect credit card dedicated to your unique lifestyle? Read on as we explore the best credit cards for active duty military and learn how to choose the right one for you.
Credit Cards For Active Duty Military Table of Contents
The Benefits of Military Credit Cards
Active duty military credit cards come with a range of exclusive benefits and perks to cater to the specific needs of service members and their families:
- SCRA and MLA Benefits: Thanks to the Servicemembers Civil Relief Act (SCRA) and the Military Lending Act (MLA), active duty military credit cardholders may enjoy lower interest rates, waived annual fees, and other protections. These laws help protect service members from unfair financial practices while on active duty.
- Rewards Programs: Many military credit cards offer lucrative rewards programs, allowing you to earn points or cashback on your purchases. These rewards can be redeemed for travel, merchandise, gift cards, or statement credits.
- Travel Benefits: Some military-focused credit cards offer travel perks, such as free checked bags, priority boarding, and complimentary lounge access. These benefits can be particularly valuable for service members who are often deployed or travel frequently.
- Security Features: Credit cards for active duty military members also come with advanced security features, such as chip technology, real-time alerts, and fraud protection. These features help ensure that your personal financial information is secure.
Top Credit Cards for Active Duty Military Members
While there are numerous credit cards to choose from, we've narrowed down the top options for active duty military personnel:
The USAA Cashback Rewards Plus American Express Card
- Earn 5% cash back on your first $3,000 in gas and military base purchases annually.
- Earn 2% cash back on your first $3,000 in supermarket purchases annually.
- Earn 1% cash back on all other purchases.
- Waived annual fee for military members.
Chase Sapphire Preferred Card
- Earn 2x points on travel and dining at restaurants worldwide.
- Earn 1x point on all other purchases.
- Annual fee waived for active duty military members with SCRA benefits.
American Express Platinum Card
- Earn 5x points on flights booked directly with airlines or through American Express Travel.
- Earn 5x points on prepaid hotel bookings made through American Express Travel.
- Up to $200 annual airline fee credit.
- Annual fee waived for military members under SCRA and MLA benefits.
Credit Cards For Active Duty Military Example:
Let's say you're an active duty military member who frequently travels for work and personal reasons. You're looking for a credit card that provides valuable travel rewards and benefits. The American Express Platinum Card might be the perfect fit, offering 5x points on flights and hotel bookings, along with a generous airline fee credit. Plus, the annual fee is waived for military members, allowing you to enjoy all its perks without any financial burden.
As an active duty military member, you deserve a credit card that caters to your unique lifestyle and financial needs. From waived annual fees and lower interest rates to fantastic rewards programs and travel perks, military credit cards offer an array of benefits tailored for you. Be sure to explore all your options, compare features, and choose the card that best suits your needs. Share this article with your fellow service members and start reaping the benefits of a military-focused credit card today. And don't forget to check out more guides on Flik Eco for all your personal finance needs!
