10 Best Military Benefits Credit Cards
10 Best Military Benefits Credit Cards
Military Benefits Credit Cards are specifically designed to offer exclusive rewards and financial perks to active-duty service members, veterans, and their families. These cards typically provide special benefits such as higher reward points on purchases, lower interest rates, fee waivers , and travel perks like free checked bags or lounge access. The goal is to provide financial ease and savings for those who have served in the military.
One of the greatest advantages of Military Benefits Credit Cards is the tailored financial assistance they offer. These cards are often exempt from certain fees, such as annual fees or foreign transaction fees, and they may include personalized services like access to financial advisors or specialized support for service members on deployment. Many also offer valuable reward points or cash back on everyday spending, further enhancing their appeal. Below, we've compiled a list of the 10 best Military Benefits Credit Cards that provide the most comprehensive advantages for military personnel.
1.
Chase Sapphire Preferred Card
Sign-Up Bonus: Large bonus offer for new cardholders who meet the spending requirement.
Travel Protection: Includes trip cancellation/interruption insurance, baggage delay, and primary car rental insurance.
Point Redemption Flexibility: Use points for travel through the Chase Ultimate Rewards® program, which provides extra value when booking flights and hotels.
No Foreign Transaction Fees: Ideal for international travelers.
Chase Sapphire Preferred CardCheck HereChase Sapphire Preferred Card - - Offers excellent travel rewards with no annual fee for active-duty service members, along with 2X points on travel and dining.
Pros
Great value for travel and dining purchases- Strong sign-up bonus
- Comprehensive travel insurance benefits
Cons
Requires good credit for approval- Lower rewards rate compared to premium cards
- Annual fee applies
Key Features
Travel protections
Flexible points redemption with Chase Ultimate Rewards®
Why Is Recommended
2.
American Express® Platinum Card for Military
- American Express® Platinum Card for MilitaryCheck Here
American Express® Platinum Card for Military - - This card provides a wealth of travel benefits, including access to airport lounges, 5X points on flights, and comprehensive travel insurance coverage.
3.
US Bank Altitude® Reserve Visa Infinite® Card
- US Bank Altitude® Reserve Visa Infinite® CardCheck Here
US Bank Altitude® Reserve Visa Infinite® Card - - A top-tier travel rewards card that provides 3X points on travel and mobile wallet purchases, along with a military fee waiver.
4.
Capital One QuicksilverOne Cash Rewards Credit Card
- Capital One QuicksilverOne Cash Rewards Credit CardCheck Here
Capital One QuicksilverOne Cash Rewards Credit Card - - Offers 1.5% cashback on every purchase, with no annual fee. Ideal for individuals with bad credit looking to earn rewards while rebuilding their credit.
5.
USAA® Cashback Rewards Plus American Express® Card
No Annual Fee: No fee to hold the card.
Intro APR: 0% introductory APR on purchases and balance transfers for the first 12 months.
- USAA® Cashback Rewards Plus American Express® CardCheck Here
USAA® Cashback Rewards Plus American Express® Card - - Offers competitive cash-back rates and no annual fee, catering specifically to military families and veterans.
Pros
- High cashback rates for gas and groceries.
- 0% intro APR for the first 12 months.
- No annual fee.
Cons
- Limited to specific categories for bonus rewards.
- Requires USAA membership.
Key Features
APR: 19.90% variable, 0% for first 12 months on purchases.
Annual Fee: $0.
Why Is Recommended
6.
Discover it® Miles for Military
- Discover it® Miles for MilitaryCheck Here
Discover it® Miles for Military - - Earn unlimited 1.5 miles on every purchase and get matched miles at the end of the first year. Great for military members who travel frequently.
7.
American Express® Blue Cash Preferred® Card for Military
- American Express® Blue Cash Preferred® Card for MilitaryCheck Here
American Express® Blue Cash Preferred® Card for Military - - Offers high cash-back rates on US supermarket purchases and gas, plus 6% back on select streaming services, all with no annual fee for active -duty military members.
8.
Citi® Double Cash Card for Military
- Citi® Double Cash Card for MilitaryCheck Here
Citi® Double Cash Card for Military - - This card offers 2% cash back on every purchase—1% when you buy, and 1% when you pay. No annual fee for active-duty members .
9.
Barclaycard Arrival® Plus World Elite Mastercard® for Military
- Barclaycard Arrival® Plus World Elite Mastercard® for MilitaryCheck Here
Barclaycard Arrival® Plus World Elite Mastercard® for Military - - Earn double miles on every purchase with this card, and enjoy a 0% intro APR for the first 12 months, plus no annual fee for active -duty members.
Conclusion
Choosing the right Military Benefits Credit Card depends on your specific spending habits and financial goals. Whether you're looking for cashback, travel rewards, or military-specific perks, there are numerous options available to enhance your financial situation. Cards like the Chase Sapphire Preferred® Card and the American Express® Platinum Card for Military stand out for their travel benefits, while USAA® Cashback Rewards Plus American Express® Card and Capital One QuicksilverOne offer straightforward cash-back options. Consider your preferences, and select a card that aligns with your needs to make the most of the military benefits available to you.