{"id":353484,"date":"2021-07-07T06:00:54","date_gmt":"2021-07-07T12:00:54","guid":{"rendered":"https:\/\/www.creditrepair.com\/blog\/?p=353484"},"modified":"2021-07-06T16:34:50","modified_gmt":"2021-07-06T22:34:50","slug":"4-best-credit-cards-for-military-service-members","status":"publish","type":"post","link":"https:\/\/www.creditrepair.com\/blog\/uncategorized\/4-best-credit-cards-for-military-service-members\/","title":{"rendered":"Best credit cards for military members 2021"},"content":{"rendered":"\n
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Disclosure regarding our editorial content standards.<\/a><\/p>\n\n\n\n

Military personnel make many sacrifices during their service for this great nation. In return, there are a number of benefits and protections that military members can take advantage of during or after their service. <\/p>\n\n\n\n

For example, the Servicemembers Civil Relief Act (SCRA) is a law intended to ease the financial burden on military members. This law covers many different aspects of financial protection, including rental agreements, foreclosures and credit card interest rates. These benefits apply to individuals who are entering the service, called into active duty or deployed.\u00a0<\/p>\n\n\n\n

There are several credit cards<\/a> available that cater to active-duty military members, and some even surpass the minimum requirements of the SCRA. Here are some of the best credit cards for military members in 2021.\u00a0<\/p>\n\n\n\n

Capital One QuicksilverOne Cash Rewards Credit Card<\/h2>\n\n\n\n

Best for: Everyday cash rewards <\/strong><\/p>\n\n\n\n

The Capital One QuicksilverOne Cash Rewards credit card<\/a> offers unlimited 1.5 percent cashback on every single purchase, all year round. So if you make this credit card your main card for purchases, you could get hundreds or thousands in cashback throughout the year. You can redeem your cashback for gift cards, cash or payment of an outstanding balance on your credit card.\u00a0<\/p>\n\n\n\n

This card doesn\u2019t require a high credit score for approval. Those with a credit rating of fair or higher should be approved quickly. While this card has a low annual fee ($39), it does have a high APR of 26.99 percent. However, if military members have an SCRA-eligible account open before active duty, this APR will decrease. <\/p>\n\n\n\n

Capital One eliminated the annual fee and capped the interest rate at 4 percent for all active-duty members. This reduced APR is extended for one year after they return.\u00a0<\/p>\n\n\n\n

The Capital One QuicksilverOne Cash Rewards card also offers no foreign transaction fees. Lastly, this credit card automatically considers users for a higher credit limit every few months. So even if you start with a low limit, you could see that increase in as little as six months. <\/p>\n\n\n\n

Platinum Card from American Express<\/h2>\n\n\n\n

Best for: Travel rewards<\/strong><\/p>\n\n\n\n

If your priority is travel rewards, the Platinum Card from American Express<\/a> is easily the top contender. Some of the many benefits include:<\/p>\n\n\n\n