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Best credit cards for military veterans

Earn rewards and save money with low interest and fewer fees.

Updated

Fact checked

Veterans have access to military credit unions, which issue some of the best credit cards. Aside from earning rewards on categories that match or sometimes exceed bank-issued credit cards, military credit union cards often come with fewer fees, including no balance transfer and no cash advance fees.

We compared all credit cards and chose the ones that offer the best combination of rewards, fees, intro APR period and additional perks.

Best credit cards for military veterans

Best credit card for military veterans who want to rebuild their credit

nRewards® Secured Credit Card

nRewards® Secured Credit Card logo
Finder Rating: 4.4 / 5

★★★★★

Credit recommended (300-579)
Read review
300
Min. credit score
$0
Annual fee
Up to 1x
Points
n/a
Welcome offer
If you had financial difficulties in the past and you’re trying to rebuild your credit, this card should be at the top of your list. It comes with low-interest rates, no cash advance fees, no balance transfer fees and you get to earn rewards on your purchases, which is rare with secured credit cards.
  • Build credit. The card reports to all three major credit bureaus — Experian, Equifax and TransUnion, and the NFCU will review your credit card account every six months. With responsible credit card use, you can build your credit in no time.
  • Reward points. Earn 1x points on all purchases. This is rare among this type of card.
  • No fees. Save money without paying an annual fee, balance transfer fees, cash advance fee or foreign transaction fees.
Annual Fee $0
Purchase APR 18% variable
Balance transfer APR 18% variable
Welcome offer N/A
Rewards 1x points on all purchases

Best credit card for military veterans who are often on the road

PenFed Platinum Rewards Visa Signature® Card

PenFed Platinum Rewards Visa Signature® Card logo
Credit recommended (670-850)
Read review
670
Min. credit score
$0
Annual fee
Up to 5x
Points
$100
Welcome offer
This card lets you earn one of the highest rewards rates on gas purchases when you pay at the pump. What’s more, you get to earn accelerated points on groceries and you can save money on interest with a long 0% intro APR period on balance transfers.
  • Reward points. Earn 5x points when you pay at the pump, 3x points at supermarkets and 1x points on everything else you buy.
  • Signup bonus. Earn $100 in statement credit once you spend $1,500 in your first 90 days of card membership.
  • Intro APR period on balance transfers. Get 0% intro APR period on balance transfers you make until a rolling deadline. A variable APR of to 17.99% applies thereafter.
Annual Fee $0
Purchase APR 13.49% to 17.99% variable
Balance transfer APR 0% intro for the first 12 months (then 17.99% variable)
Welcome offer $100 after spending $1,500 in the first 90 days
Rewards 5x points on gas at the pump, 3x points on groceries and 1x points on all other purchases

Best credit card for military veterans who often dine out

Navy Federal Go Rewards Card

Navy Federal Go Rewards Card logo
Credit recommended (580-850)
Read review
580
Min. credit score
$0
Annual fee
Up to 3x
Points
n/a
Welcome offer
Veterans who spend mostly at restaurants could find this card’s rewards rate attractive. In addition, you get to earn accelerated points on gas and save money with low interest and fewer fees.
  • Reward points. Earn 3x points at restaurants, 2x points on gas and 1x points on all other purchases.
  • No fees. You won’t pay an annual fee, foreign transaction fees, balance transfer fees and cash advance fees.
  • Cell phone protection. Pay your mobile phone bill and get coverage for your phone against damage and theft.
Annual Fee $0
Purchase APR 8.99% to 18% variable
Balance transfer APR 1.99% intro for the first 12 months (then 8.99% to 18% variable)
Welcome offer N/A
Rewards 3x points at restaurants 2x points on gas and 1x points on everything else

How to choose the best cards for veterans

Finding the right card may seem daunting, but to choose the best card for your situation, consider the following:

  • Do you need to rebuild your credit?
    Fighting through financial difficulties is made easy with a military secured credit card. These are often better options than the standard, bank-issued cards, because of the lower interest rates and fewer fees.
  • Where do you spend most of your money?
    PenFed offers arguably the best no-annual-fee travel credit card if that’s what you need. Otherwise, check out their other cards if you’re looking for rewards on gas, groceries or flat rewards on all purchases. Other unions, such as the USAA and NFCU, offer similar cards.

Do I really need a credit card for veterans?

Unfortunately, there’s no one-size-fits-all option. But as a veteran, you have access to military credit unions whose cards often have lower interest rates than bank-issued credit cards.

If this is something you value, then a military credit card is definitely an option. But if you always pay your balance before it’s due, you can safely go for any credit card you want, regardless of which institution issues the card.

Compare military veteran credit cards

Name Product Filter values Rewards Purchase APR Annual fee
Chase Sapphire Preferred® Card
5x points on Lyft, 2x points on travel and dining and 1x points on all other purchases
15.99% to 22.99% variable
$95
Earn a huge signup bonus worth $$1,000 with this popular travel card. Combine with other Chase Ultimate Rewards cards for even greater value.
Citi® Double Cash Card
Up to 2% cash back on purchases (1% when you buy plus 1% as you pay)
13.99% to 23.99% variable
$0
Earn up to 2% on every purchase with no annual fee. This is the highest flat-rate cashback card on the market.
Chase Sapphire Reserve®
10x points on Lyft rides, 3x points on dining and travel after earning your $300 travel credit and 1x points on all other purchases
16.99% to 23.99% variable
$550
Get a generous $300 in annual travel credits, 3x points on travel and dining, and a 50% bonus on point redemptions with Chase's premier card.
CardMatch™ from creditcards.com
See terms
See issuer's website
See terms
Use the CardMatch tool to find cards you're likely to qualify for with your credit score, without a hard pull on your credit.
Luxury Card Mastercard® Gold Card™
1x points on all purchases with 2% point value when you redeem for airfare or cash back
14.99% variable
$995
Earn 2% point value when redeemed for airfare or cash back through the Luxury rewards program.
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Bottom line

Veterans get to access most military credit union credit cards, which are often a better choice over their bank-issued cards. Their non-profit nature means credit union cards come with lower interest rates and fewer fees, while maintaining a similar — or even better — rewards structure than their bank-issued counterparts.

But if you don’t think any of these cards are right for you, you can always compare other credit cards until you find the one that fits your wallet best.

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