I’m not a financial planner, but I do use these cards and the benefits personally. Don’t get into credit card trouble by carrying balances. However, if you are going to make a purchase or use a credit card anyway, consider using these for their huge perks. Many other websites also talk about these benefits and offer other financial advice to service members. Check out the links below. Applying using a referral link is one way you can support this site.
Free Credit Card Perks from Chase and Amex
The What
Using credit cards (see below) for their perks can be a great benefit. This benefit is even more pronounced for active duty service members. Chase and Amex waive their annual fees for credit cards for active duty service members. This means that the $99 – $450 annual fees are waived, but the benefits are still available.
The Warning
I, nor this site, claims to offer any special financial advise. Credit card use can be dangerous if the balance is not paid off and interest is charged. Be responsible. Use cards for benefits when a purchase may already be planned. When used appropriately, however, I do believe that there can be tremendous benefits. I post the warning because I do not want any harm to come to you. Be smart. Do the research.
The Benefit
Cards from Amex offer Delta sky miles, Delta companion tickets, Delta sky lounge access, rebates and statement credits, and others. Chase cards offer free points to airlines and hotels, travel credits, etc. Aim for the bonuses- that’s the game here. The ones that I recommend to start with for their bonuses are:
- Chase Sapphire Reserve Card or the Chase Sapphire Preferred
- Chase Marriott Bonvoy
- Chase Hyatt Card
- American Express Platinum Card
I may receive a referral bonus if you choose to sign up. Other than occasional ads, this site does not generate any revenue otherwise and content is added for your benefit out of my own free time.
Other sites (military dollar, the points guy) also describe these perks in much greater detail. They also have other advice for service members. If you click through their website then they will receive the referral bonus instead.