If you are an active member of the military or a spouse, you may be surprised to find you are eligible for some really excellent credit card benefits. Not only do USAA and Pentagon Federal Credit Union offer card features designed with you in mind, but AmEx, Chase, Citi, Capital One and others, offer special perks and benefits to members of the military as well.
Some benefits include:
- Completely waived annual fees (this is issuer dependent)
- Lower interest rates
- Full card benefits with some including up to $300 travel statement credit, free airport lounge access and more – for example AmEx Gold offers an outstanding 4x points on dining.
These benefits are there for the taking if you know to ask for it. Your status gives you access to benefits, which may seem too good to be true, but is their way of thanking you for your service.
Read more about these military benefits.