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Top Cards with Waived Annual Fees for Active Duty Military Members

Waived Annual Fees for Active Duty Military

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As a way to say thank you to members of our armed services, many of our favorite travel rewards credit cards offer waived annual fees for active duty military members. In some cases, this benefit will even apply to the spouses of active duty military members.

This is one of the lesser known credit card benefits, and it can provide serious value if you serve in any branch of the armed forces. This will put money right back into your pocket each and every year of card membership.

In this post, we will provide a list of our favorite travel rewards credit cards that provide waived annual fees for active duty military members.

 

The Platinum Card from American Express

It is no secret that the Platinum Card from American Express is one of our favorite travel rewards cards. Though the card has an annual fee of $550, it provides a host of benefits that easily offset it. Getting the annual fee on this card waived will allow you to come out far ahead every year of card membership.

  • Earn 60,000 Membership Rewards points after spending $5,000 in purchases in your first 3 months of card membership.
  • Check to see if you qualify for the 100,000 point welcome offer via CardMatch.
  • 5x Membership Rewards points:  on flights booked directly with the airlines or with American Express Travel
  • $200 Airline Fee Credit: Receive up to $200 per year for airline incidental fees at one airline.
  • Receive access to Centurion Lounges, Delta Sky Clubs (when flying Delta), Escape Lounges, and Priority Pass membership.
  • Up to a $100 credit for Global Entry or TSA PreCheck once every four years

Active Duty Military Benefit: American Express completely waives the $550 annual fee and any associated late fees when you’re on active duty with any branch of the US Military. They will even waive the annual fee if the active duty military member is registered as an authorized user on a spouse’s account.

You must request the benefit from American Express as they need to validate your military service via an automated system with the Department of Defense. You’ll then receive a statement credit within a few weeks for the amount of the annual fee.

Click Here to learn more about the Platinum Card from American Express

 

Waived Annual Fees for Active Duty Military

 

The Chase Sapphire Reserve

The Chase Sapphire Reserve is another top dog in the world of credit card travel rewards. While the card has an annual fee of $450, the $300 annual travel credit it provides drastically reduces this. With waived annual fees for active duty military members, this card will essentially put $300 cash back into your pocket each year of card membership.

  • Earn 50,000 Chase Ultimate Rewards points after spending $4,000 in purchases in your first 3 months of card membership.
  • $300 Annual Travel Credit
  • Redeem Chase Ultimate Rewards Points For 1.5 Cents Per Point making the welcome offer worth up to $750 towards travel
  • 3x Points On Travel And Restaurants Worldwide after using full $300 travel credit
  • Up to a $100 credit for Global Entry or TSA PreCheck once every four years

Active Duty Military Benefit: Chase completely waives the $450 annual fee and any associated late fees when you’re on active duty with any branch of the US Military. They will even waive the $75 fee for adding an authorized user. Chase will not wave late fees and/or non-sufficient funds fees.

Chase reportedly will credit your annual fee automatically as the bank compares social security numbers to Department of Defense databases. No action should be required on your part, but if the credit doesn’t come through, you can always call the number on the back of your card to get this taken care of.

Click Here to get more information about the Sapphire Reserve

 

 

The Capital One Venture Rewards Credit Card

The Capital One Venture Card is one of our favorite travel rewards credit cards. The card normally has a $95 annual fee that is waived in the first year. The card earns 2x Venture miles on every dollar spent which can be redeemed for a fixed one cent towards travel. Because of this, Venture miles are great for travel expenses that can’t be covered with traditional points and miles.

  • Earn 50,000 miles once you spend $3,000 on purchases within 3 months from account opening, equal to $500 in travel
  • Earn unlimited 2X miles per dollar on every purchase, every day
  • 10x miles for purchases at hotels.com/venture
  • Up to a $100 credit for Global Entry or TSA PreCheck once every four years
  • Miles won’t expire for the life of the account and there’s no limit to how many you can earn
  • No foreign transaction fees

Active Duty Military Benefit: Capital One removes all fees for active-duty military members. This includes credit card annual fees, late fees, and balance transfer fees.

Click Here to learn more about the Capital One Venture Credit Card

 

Waived Annual Fees for Active Duty Military

 

Bottom Line

While all of these are fantastic credit card products, the American Express Platinum Card or the Chase Sapphire Reserve card should be your choice if you are an active duty military member. There are simply no other cards that stack up to these when you are not paying an annual fee.

Not paying an annual fee on these credit cards is an unbeatable perk and will allow you to put money right back in your pocket each year. Make sure to take advantage of this fantastic benefit of serving in the armed forces. Thanks for your service!

 

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Editorial Note: Any opinions, analyses, reviews, or recommendations expressed in this article are those of the author’s alone, and have not been reviewed, approved, or otherwise endorsed by any card issuer.

The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.

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