Top 10 Military Benefits Credit Cards

Military benefits credit cards are specialized financial tools designed to cater to the unique needs of active-duty service members, veterans, and their families. These cards often come with exclusive perks, such as waived annual fees, lower interest rates, and rewards programs that align with military lifestyles.

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Beyond the basic perks, military benefits credit cards may offer additional advantages like complimentary access to airport lounges, enhanced travel insurance, and special rewards for purchases at military bases. Some cards also provide financial education resources and budgeting tools tailored to the military community. Moreover, these cards can help in building and maintaining a strong credit score, which is essential for future financial stability. Many issuers also extend benefits under the Servicemembers Civil Relief Act (SCRA), such as reduced interest rates on pre-service credit card debt. Overall, military benefits credit cards are crafted to provide financial flexibility and support, acknowledging the sacrifices and unique financial situations of military personnel and their families.

  • USAA® Rewards™ American Express® Card
    USAA® Rewards™ American Express® Card

    USAA® Rewards™ American Express® Card - USAA® Rewards™ American Express® Card: Earn rewards, military-friendly.

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  • USAA® Cashback Rewards Plus American Express® Card
    USAA® Cashback Rewards Plus American Express® Card

    USAA® Cashback Rewards Plus American Express® Card - USAA Cashback Rewards Plus Amex: 5% gas, 2% groceries.

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  • USAA® Rate Advantage Visa Platinum® Card
    USAA® Rate Advantage Visa Platinum® Card

    USAA® Rate Advantage Visa Platinum® Card - Low-interest, military-focused Visa card with minimal fees.

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  • Navy Federal Credit Union® cashRewards Credit Card
    Navy Federal Credit Union® cashRewards Credit Card

    Navy Federal Credit Union® cashRewards Credit Card - Navy Federal cashRewards Card: Unlimited 1.5% cashback.

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  • Navy Federal Credit Union® GO REWARDS® Credit Card
    Navy Federal Credit Union® GO REWARDS® Credit Card

    Navy Federal Credit Union® GO REWARDS® Credit Card - Cashback rewards, low APR, no annual fee.

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  • Navy Federal Credit Union® Platinum Credit Card
    Navy Federal Credit Union® Platinum Credit Card

    Navy Federal Credit Union® Platinum Credit Card - Low-interest, no annual fee credit card for military members.

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  • PenFed Power Cash Rewards Visa Signature® Card
    PenFed Power Cash Rewards Visa Signature® Card

    PenFed Power Cash Rewards Visa Signature® Card - Unlimited 2% cash back, no annual fee, military-friendly.

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  • PenFed Pathfinder® Rewards American Express® Card
    PenFed Pathfinder® Rewards American Express® Card

    PenFed Pathfinder® Rewards American Express® Card - Travel rewards, no annual fee for PenFed members.

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  • Chase Sapphire Reserve®
    Chase Sapphire Reserve®

    Chase Sapphire Reserve® - Premium travel rewards card with extensive benefits and perks.

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Top 10 Military Benefits Credit Cards

1.

USAA® Rewards™ American Express® Card

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The USAA® Rewards™ American Express® Card offers a range of benefits tailored for military members and their families. It features 2X points on gas and dining, and 1X points on all other purchases, with no annual fee and no foreign transaction fees. Cardholders can also enjoy competitive APR rates, comprehensive travel and purchase protections, and access to USAA's renowned customer service. Ideal for those seeking rewards and robust support without the burden of extra fees.

Pros

  • pros No annual fee
  • pros Earn rewards on purchases
  • pros Military-friendly benefits
  • pros Travel and retail protection
  • pros 24/7 customer service.

Cons

  • consLimited acceptance compared to Visa/Mastercard
  • cons High APR
  • cons No intro APR offers
  • cons Limited bonus categories
  • cons Membership required.
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2.

USAA® Cashback Rewards Plus American Express® Card

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The USAA® Cashback Rewards Plus American Express® Card offers military members and their families robust rewards, including 5% cash back on the first $3,000 spent annually on gas and military base purchases, 2% on the first $3,000 spent annually on groceries, and 1% on all other purchases. With no annual fee and additional travel and purchase protections, it’s a practical choice for those seeking value and security in their everyday spending.

Pros

  • pros No annual fee
  • pros 5% cash back on gas
  • pros 2% cash back on groceries
  • pros military-focused benefits
  • pros no foreign transaction fees.

Cons

  • cons Limited to military and families
  • cons high APR for some
  • cons rewards capped annually
  • cons no intro APR
  • cons not widely accepted.
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3.

USAA® Rate Advantage Visa Platinum® Card

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The USAA® Rate Advantage Visa Platinum® Card is designed for military members and their families, offering a competitive variable APR ranging from 8.75% to 25.75%. It features no annual fee, no foreign transaction fees, and provides benefits such as travel insurance and extended warranty protection. The card is geared towards those with excellent credit, aiming to provide cost-effective financing options without the burden of high-interest rates or extra charges for international use.

Pros

  • pros Low APR
  • pros No annual fee
  • pros No foreign transaction fees
  • pros USAA membership benefits
  • pros Contactless payment.

Cons

  • consLimited to military members
  • cons No rewards program
  • cons No intro APR period
  • cons Limited acceptance
  • cons Basic card design.
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7.

PenFed Power Cash Rewards Visa Signature® Card

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The PenFed Power Cash Rewards Visa Signature® Card is a cash-back credit card offering 1.5% unlimited cash back on all purchases, with an increased rate of 2% for PenFed Honors Advantage Members. The card features no annual fees, no foreign transaction fees, and provides additional benefits such as travel and shopping protections. It's an ideal choice for those seeking straightforward cash rewards and solid perks without the burden of extra costs.

Pros

  • pros Unlimited 1.5% cash back
  • pros No annual fee
  • pros No foreign transaction fees
  • pros Introductory APR offers
  • pros Military members earn 2% cash back.

Cons

  • cons Requires PenFed membership
  • cons No bonus categories
  • cons Limited travel benefits
  • cons Cash back redemption minimum
  • cons Average customer support reviews.
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8.

PenFed Pathfinder® Rewards American Express® Card

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The PenFed Pathfinder® Rewards American Express® Card is a travel-focused credit card offering 3x points on travel purchases and 1.5x points on all other purchases. Cardholders enjoy a $100 annual travel credit and complimentary Priority Pass airport lounge access. No annual fee for PenFed Honors Advantage members, while others pay $95 annually. The card also includes no foreign transaction fees, making it ideal for frequent travelers seeking rewards and travel perks.

Pros

  • pros No annual fee for PenFed members
  • pros Generous rewards points on travel and dining
  • pros Annual travel credit
  • pros No foreign transaction fees
  • pros Comprehensive travel insurances.

Cons

  • consRequires PenFed membership
  • cons Reward points redemption options limited
  • cons High APR for carried balances
  • cons No intro APR offer
  • cons Limited acceptance compared to Visa/Mastercard.
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9.

Chase Sapphire Reserve®

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The Chase Sapphire Reserve® is a premium travel rewards credit card known for its generous benefits and flexibility. It offers 3x points on travel and dining, a $300 annual travel credit, and access to over 1,300 airport lounges worldwide through Priority Pass™ Select. Cardholders also enjoy perks like trip cancellation insurance, primary rental car insurance, and no foreign transaction fees. The card comes with a significant annual fee but provides substantial value for frequent travelers.

Pros

  • pros Generous rewards
  • pros Travel credits
  • pros Airport lounge access
  • pros Comprehensive travel insurance
  • pros No foreign transaction fees.

Cons

  • consHigh annual fee
  • cons Requires good credit
  • cons Limited transfer partners
  • cons High spending for max rewards
  • cons Complex rewards system.
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