The Best Credit Cards for Veterans and Military for 2024

The Best Credit Cards for Veterans offer financial benefits, security, rewards, and help to boost their credit score. If you also an active member of the military, you can take benefits of rewards, cash back, and low interest rates on your credit card if you chooose the Best Credit Cards for Military.

Every military personnel may have different financial need. Luckily, there are various cards available that matches the needs and lifestyle of military members. You can choose cards according to your needs.

In general, the Best Credit Cards for Veterans offers best in-class rewards, 0% intro APR offer, low annual APR, low annual fee & much more. These card also have some uniques military benefits.

So, we’ve covered the Best Credit Cards For Military in this article.

The Best Credit Cards for Veterans

  • Chase Sapphire Reserve®
  • Chase Freedom Unlimited®
  • USAA Cashback Rewards Plus American Express® Card
  • Navy Federal nRewards® Secured Credit Card
  • Wells Fargo Active Cash® Credit Card
  • USAA Cashback Rewards Plus American Express® Card
  • PenFed Platinum Rewards Visa Signature® Card

Discover the Best Military Credit Cards

Below, we’ve covered the full details of the Best Credit Cards for Veterans and military. All these cards offer great benefits in their respective category. You have to analyze your spending habits to choose the perfect card for you.

Here is the full overview of each credit card:

1. Chase Sapphire Reserve® Credit Card

Our Pick for: Best Premium Credit Card for Military

Chase Sapphire Reserve® Credit Card

Card Highlights:

  • Annual Fee: $550.
  • Annual APR: 22.49%–29.49% (variable).
  • Welcome Bonus: You earn 60,000 bonus points, after you spend $4,000 on purchases within the first 3 months from account opening. That’s become $900 towards travel when you redeem through Chase Ultimate Rewards®.
  • Credit Needed: Excellent (750 – 850).

Key Features:

  • You earn 60,000 bonus points, after you spend $4,000 on purchases within the first 3 months from account opening.
  • You earn 5X points on flights purchases through Chase Ultimate Rewards® after you spend $300 on travel purchases annually.
  • Enjoy 10X points on hotels (excluding The Luxury Hotel & Resort Collection) and car rentals purchased through Chase, eligible after you spend $300 is spent on travel purchases annually.
  • Enjoy 3X points on dining at restaurants that includes eligible delivery services, takeout, and dining out. Plus, you also earn 3X points on other travel worldwide.
  • Enjoy 10X total points on Chase Dining purchases with the Ultimate Rewards®.
  • You earn 50% more when you redeem for travel through Chase.
  • Cardholders get access to 1,300+ airport lounges worldwide along with two guests.
  • You can transfer your points to leading airline and hotel loyalty programs at 1:1 value.
  • No foreign transaction fee.
  • Cardholders get travel protection, purchase coverage, etc.
  • Member FDIC.

Why we like this card:

The Chase Sapphire Reserve® Credit Card offers a great reward rate in different category. Travel enthusiast will find a great value in this card. The card has a huge welcome bonus of 60,000 bonus points, surpasses its annual fee.

Other than its strong reward rate, the card offers a $300 annual tarvel credit with benefits like airport lounge access, free Global Entry or TSA PreCheck, and travel protection.

However, the card has high annual fee, but people who regulary use the card in bonus categories can make the most of this card.

  • Welcome bonus of 60,000 bonus points.
  • Cardholders get annual travel credit of $300.
  • Great reward program.
  • Access to airport lounge visit.
  • The card has no foreign transaction fee.
  • You can transfer points to leading airline and hotels at 1:1 ratio.
  • The card has high annual fee.
  • High regular APR.
  • Require excellent credit score.

» MORE: Best Credit Card for Large Purchases


2. Chase Freedom Unlimited® Credit Card

Our Pick for: Best flexible cash back rewards credit card for Military

Chase Freedom Unlimited®

Card Highlights:

  • Annual Fee: $0.
  • Annual APR: 0% intro APR for 15 months on purchases and balance transfer. After that, a variable APR of 20.49%–29.24% will aply.
  • Welcome Bonus: Cardholders earn a $200 bonus after you spend $500 on purchases within the first 3 months from account opening. Plus, you get 5% cash back on gas stations and grocery stores purchases (limited time offer).
  • Credit Needed: Good to Excellent (670-850).

Key Features:

  • Cardholders get a $200 bonus as welcome bonus after they spend $500 on purchases within the first 3 months of account opening (up to $20,000 spent in the first year).
  • Enjoy 1.5% cash back on everything you purchase.
  • Enjoy 3% cash back on dining at restaurants including eligible delivery services and takeout.
  • Enjoy 3% cash back on frugstore purchases.
  • Eanjoy 5% on travel purchased through Chase Ultimate Rewards.
  • The rewards you earn won’t expire.
  • Cardholders enjoy 0% intro APR for 15 months from account opening date.
  • The card has no annual fee.
  • You can redeem reward points for cash back, gift cards, or travel.
  • The Credit Journey helps you monitor your credit health with completely free access to your latest score, real-time alerts, and more.
  • Member FDIC.

Why we like this card:

The Chase Freedom Unlimited® Credit Card is a great all-rounder cash back credit card and it is one of the best credit card for everyday spending. You earn unlimited 1.5% cash back on all purchases. The cash back rewards do not expire. The cash back can be redeemed for statement credit.

The card has $0 annual fee and offers 0% intro APR for 15 months on balance transfer and purchases, which makes it a suitable option for large purchases. After that a variable APR of 20.49%-29.24% will apply.

The card also offer decent welcome offer of $200 bonus plus 5% cash back at gas and grocery stores after you spend $500 on purchases within the first 3 months of card activation. The welcome bonus is able to cover costs of your big purchase.

  • The card $0 annual fee.
  • Decent welcome bonus of $200.
  • Enjoy unlimited 1.5% cash back on all other purchases.
  • Cardholders get 5% cash back on travel and 3% cash back on utility, dining, and drugstore.
  • The cash back reward won’t expire.
  • High balance transfer fee.
  • Foreign Transaction fee.

3. USAA® Cashback Rewards Plus American Express® Card

Our Pick for: Best cash back at gas stations and military purchases.

USAA® Cashback Rewards Plus American Express® Card

Card Highlights:

  • Annual Fee: $0.
  • Annual APR: 17.15% to 31.15% variable.
  • Welcome Bonus: N/A.
  • Credit Neeed: Good to Excellent.

Key Features:

  • The card has no annual fee.
  • You earn 5% cashback on your first $3,000 spend in combined at gas station and military base purchases yearly.
  • Cardholders earn 2% back on your first $3,000 spend in grocery purchases yearly.
  • You earn 1% cash back on all other purchases.
  • The card has no foreign transaction fee.
  • The rewards can be redeemed anytime.
  • Cardholders get zero liability for unauthorized transactions.
  • You can set up a variety of alerts on your mobile phone to stay informed.
  • If your card is stolen or lost, you can report online or in the app.
  • Cardholders get various travel benefits including Auto Rental Coverage, Travel Accident Insurance, and Trip Cancellation and Interruption Coverage etc.

Why we like this card:

The no annual fee USAA® Cashback Rewards Plus American Express® Card is great credit card for everyday expenses. The card offers a generous 5% cash back at gas stations and military base purchases, and 2% cash back at gorcery purchases.

The card has no foreign transaction fee which makes it suitable for abroad purchases. If you qualify to join USAA, this card is definitely worth for you.

  • The card has no annual fee.
  • No foreign transaction fee.
  • 5% cashback on gas stations and military base purchases yearly.
  • 2% cash back on grocery spend.
  • 1% cash back on all other purchases.
  • 5% balance transfer fee.
  • Capping on rewards.
  • Requires USAA membership.

4. Navy Federal nRewards® Secured Credit Card

Our Pick for: Best credit cards for veterans with bad credit

Card Highlights:

  • Annual Fee: $0.
  • Regular APR: 18.00% (variable).
  • Welcome Bonus: N/A.
  • Credit Needed: Bad/Poor.

Key Features:

  • No annual fee.
  • The card has no foreign transaction fee.
  • The card has no cash advance fees, or balance transfer fees.
  • You earn 1X point per $1 spent.
  • There is no limits on reward points.
  • The points can be redeemed for cash, statement credit, gift cards and merchandise.

Why we like this card:

The Navy Federal nRewards® Secured Credit Card is a complete secured credit card with no annual fee, no balance transfer fees and no cash advance fee. This card is a great choice for those people who qualify for the Navy Federal Credit Union.

However, the card offer 1X point per dollar spent, but the no annual fees makes this credit card work. This card require a security deposit for approval. This is the best credit cards for veterans in the form of a secured credit card.

  • No annual fee.
  • No foreign transaction fee.
  • No cash advance fee.
  • You earn 1X point per dollar spent.
  • Approval require a security deposit.
  • Navy Federal Membership Required.

» MORE: Credit Cards with $2000 Limit Guaranteed Approval


5. Wells Fargo Active Cash® Credit Card

Our Pick for: Best 0% intro APR credit card for military

Wells Fargo Active Cash® Card

Card Highlights:

  • Annual Fee: $0.
  • Annual/Introductory APR: Enjoy 0% intro APR for 15 months on purchases and qualifying balance transfers. After that, a variable APR of 20.24%, 25.24% or 29.99% will apply.
  • Welcome Bonus: You earn a $200 cash rewards bonus after you spend $500 on purchases within the first 3 months of account opening.
  • Credit Needed: Excellent/Good.

Key Features:

  • The card has no annual fee.
  • Cardholders earn $200 cash rewards bonus after they spend $500 on purchases within the first 3 months of account opening.
  • You earn unlimited 2% cash back on all purchases.
  • Rewards can be redeemed for gift cards.
  • Enjoy 0% intro APR for 15 months on purchases and qualifying balance transfers. After that a variable APR of 25.24%, or 29.99% will apply.
  • Cardholders enjoy a premium collection of unique benefits at the world’s most intriguing and prestigious properties and hotels.
  • Cardholders get cell phone protection up to $600.

Why we like this card:

The Wells Fargo Active Cash Credit Card is one of the best cash back credit card on the market. This can be one of the best cash back credit cards for families as it offers 2% cash back on all purchases.

Plus, cardholder will get an initial welcome bonus of $200 cash after you spend $500 on purchases within the first 3 months of card activation.

The card is worthwhile for those people who want a simple and straightforward rewards structure.

  • The card has no annual fee.
  • Unlimited 2% cash back on all purchases.
  • Intro APR for purchases and balance transfers.
  • Cellular Telephone Protection and Zero liabilit benefits.
  • High annual APR.
  • The card has foreign transaction fee.

6. Platinum Card® from American Express

Our pick for: Best Travel credit card for military

Platinum Card® from American Express

Card Highlights:

  • Annual Fee: $695.
  • Annual APR: 21.24% to 29.24% variable APR.
  • Welcome Bonus: You earn 80,000 Membership Reward Points after you spend $8,000 on eligible purchases wihtin the 6 months of card membership.
  • Credit Needed: Good/Excellent.

Key Features:

  • Cardholder earn 80,000 Membership Rewards Points after they spend $8,000 on eligible purchases wihtin the 6 months of card membership.
  • Enjoy 5X Membership Reward Points for flights booked directly or with Amextravel.com up to $500,00 on these purchases. Also, earn 5X Membership Rewards on prepaid hotels booked with American Express Travel and 1X Membership Reward Points on all other purchases.
  • Get $240 Digital Entertainment Credit and get up to $20 back each month on all eligible purchases with the Platinum Credit Card on Disney+, a Disney Bundle, ESPN+, Hulu, The New York Times, Peacock, SiriusXM, and The Wall Street Journal.
  • Enjoy $200 Hotel Credit up to $200 back in statement credits each year on prepaid hotels.
  • Credit Card on Disney+, a Disney Bundle, ESPN+, Hulu, The New York Times, Peacock, SiriusXM, and The Wall Street Journal.
  • Get $155 Walmart+ Credit and enjoy shopping benefits on both online and offline stores.
  • Get $200 Airline Free Credit in statement credits per year when the incident fees are charged by the airline you selected.
  • Get $200 Uber Cash and enjoy VIP Uber Status on Uber rides or Uber Eats orders in the US per year.
  • Cardholders also get $300 Equinox, $189 $189 CLEAR® Plus Credit, and $100 Global Entry Credit with the Platinum Credit Card from American Express.
  • Cell phone protection.

Why we like this card:

The Platinum Card® from American Express is specially designed for frequent travelers who want a taste of luxury. You earn 5x Membership Reward Points for flights booked directly with Airlines or with American Express Travel up to $500,000 on these flight ticket purchases per calendar year.

Plus, the card earns a huge bonus of 80,000 Membership Reward Points if you spend $8,000 on purchases within the first 6 months of account opening.

  • High reward earning on flight ticket purchases.
  • Bonus categories.
  • No Foreign Transaction Fees
  • Global airport lounge access.
  • Luxury benefits.
  • Travel benefits with elite status from Hilton and Marriott with enrollment.
  • Very high annual fee.
  • Requires excellent/good credit.

» MORE: Best Cash Advance Credit Cards


7. PenFed Platinum Rewards Visa Signature® Card

Our pick for: Best rewards credit cards for military

Card Highlights:

  • Annual Fee: $0.
  • Annual APR: 17.99% variable.
  • Welcome Bonus: Earn 15,000 bonus points after you spend $1,500 within 90 days of account opening.
  • Credit Needed: Good.

Key Features:

  • The card has no annual fee.
  • Cardholders earn 15,000 Bonus points after they spend $1,500 within the first 3 months of account opening.
  • Earn 5X points gas paid at the pump and EV charging stations.
  • Earn 3X points at the supermarket (including target and Walmart locations) restaurants TV radio cable and steaming services.
  • Earn 1X points on all other purchases.
  • Enjoy 0% intro APR on balance transfer for 12 months. After that 3% will be charged.
  • Enjoy 24/7 monitoring.
  • Cardholders gets discounts on a variety of home, auto, personal, retail, and financial products and services.

Why we like this card:

The PenFed Platinum Rewards Visa Signature® Card is the perfect military credit card for gas rewards. The card offers 5 points per $1 dollar spent on gas stations and EV charging stations. Plus, 3 points per $1 spent on at the supermarket (including target and Walmart locations) restaurants TV radio cable and steaming services. The card also offers a decent welcome bonus of 15,000 points.

The best thing about the PenFed Platinum Rewards credit card is, it has $0 annual fee and demands fair to good score for approval.

  • The card has no annual fee.
  • Enjoy 0% intro APR on Balance transfers for 12 months.
  • The card offers high rewards on gas station, EV charging station, and supermarkets.
  • Generous welcome bonus.
  • No intro APR on purchases.
  • 3% balance transfer fee.

What is a Military Credit Card?

As the name suggest, a military credit card is also a financial product that helps for members of armed forces in many ways. These cards are sepcially designed for people serving the nation and provide some extra benefits to military members and their famil members.

Military credit cards are not very different from regular credit cards. But, some military credit cards are also good for civilians. But military credit card offers some extra features like security, interest rate reductions, fee waivers, etc.

How to Choose the Best Credit Cards for Veterans

The best military credit card should match your needs, credit profile, and your spending habits. The selection process is similar to any card for personal use. Keep these tips in mind while choosing a card:

  • Check your credit score: Before going for any credit card, check your credit card first. This is important because the card issuer check your credit report if you are eligible or not. By this way, you can avoid applying for credit cards you are unlikely to qualify for. You can your free credit score in a number of ways.
  • Check Benefits & Features: Consider credit cards that offers travel benefits, rewards, cash back or points. Many credit card offers cash back or points in bonus cateforeis.
  • Annual Fee & Other Charges: Check the financial parameters of a card. Check annual fee, interest rate, introductory APR or other charges. Check which card has the longest 0% introductory APR period. Also, check balance transfer fee and foreign transaction fee.

Bottom Line

The Best Credit Cards for Veterans can provide great perks and benefits to people serving in the armed forces and their families too. The Best Credit Cards for Military are great for military members thanks to the benefits offered throught the SRCA or from the card issuer.

The Best Credit Cards for Veterans Related FAQs:

Which is the best credit card for veterans?

The overall best credit cards for veterans is Chase Sapphire Reserve® Credit Card, because the card earns great reward in bonus categories which can be redeemed for cash, travel gifts or in other rewards.

What is a Military credit card?

As the name suggest, a military credit card is also a financial product that helps for members of armed forces in many ways. These cards are sepcially designed for people serving the nation and provide some extra benefits to military members and their famil members.

Are credit card fee waived for military members?

The SCRA requires each card issuer to waive account fee for active-duty military members. While some card go beyond this requirement, and the best credit card for veterans have few to no fees. The best approach is to ask the card issuer about fee waiver or extra benefits it can offer for active-duty military.

Which is the best secured credit cards for military members?

The Navy Federal nRewards® Secured Credit Card is a complete secured credit card with no annual fee, no balance transfer fees and no cash advance fee. This card is a great choice for those people who qualify for the Navy Federal Credit Union.

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