Best Credit Cards for Active-Duty Military
Introduction:
Active-duty military personnel have unique needs and deserve credit cards that cater to their specific financial situations. When deployed or stationed away from home, having a dependable credit card for emergencies and day-to-day expenses can be essential. In this article, we will discuss the best credit cards for active-duty military members, taking into consideration factors like APRs, reward programs, and added benefits.
1. USAA Cashback Rewards Plus American Express
The USAA Cashback Rewards Plus American Express card is exclusively designed for military members and their families. This card offers 5% cashback on the first $3,000 spent in combined annual gas station and military base purchases. Additionally, you’ll receive 2% cashback on the first $3,000 in grocery store purchases per year and 1% on all other purchases. With no annual fee and no penalty APR, it’s an excellent option for those serving in the military.
2. Navy Federal Credit Union Go Rewards
The Navy Federal Credit Union Go Rewards card offers active-duty service members exceptional rewards, flexibility, and security. With this card, earn 3 points per $1 on dining out— perfect for those always on the move— 2 points per $1 on gas, and 1 point per $1 on all other purchases. There are no annual fees or foreign transaction fees, which makes it a great fit for those stationed overseas. Additionally, NFCU provides a mobile app for ease of access.
3. Chase Sapphire Preferred
Although not specifically designed for military members, Chase’s SCRA (Servicemember’s Civil Relief Act) benefit allows qualifying active-duty servicemen and women to receive waived annual fees on their Chase credit cards. The Chase Sapphire Preferred card offers impressive travel rewards of 2 points per dollar spent on travel and dining and 1 point per dollar spent on other purchases. Cardholders also get 25% more value when redeeming points through the Chase travel portal.
4. The Platinum Card from American Express
Also available with military fee-waiver benefits, the Platinum Card from American Express offers exceptional perks for active-duty military members. Gain access to airport lounges worldwide, get a $200 annual airline fee credit and up to $200 in Uber credits per year, along with complimentary hotel status upgrades. The card earns 5x points on flights booked directly with airlines or through Amex Travel and also comes with impressive purchase protection, making it an appealing option for military members.
Conclusion:
Selecting the right credit card as an active-duty military member depends on personal financial goals, spending habits, and lifestyle preferences. Among the top options are USAA Cashback Rewards Plus American Express, Navy Federal Credit Union Go Rewards, Chase Sapphire Preferred, and The Platinum Card from American Express. Always remember to compare various card options to find the one that best suits your individual needs as you serve our country proudly!