The best credit cards for veterans of the military are cards issued by military-related financial institutions such as PenFed, USAA and Navy Federal Credit Union because they offer some of the lowest APRs and fees, as well as competitive rewards. Some cards will even make a contribution to veteran charities when you spend.
The USAA credit card requirements differ based on what card you want to apply for. So, for instance, their USAA Secured Visa Platinum card is accessible to people with bad credit. But they don't graduate and you have to reapply for another card when your credit improves. Their USAA® Rewards American Express card is only available to applicants with good credit, so a score of 700+ is required. They pull Equifax credit data and if you are denied they may give a counter offer.… read full answer
There are no military credit cards that have guaranteed approval. In fact, guaranteed approval is a myth. The credit cards that fall under this category are usually the ones which approval requirements are easier to meet. The closest thing to a guaranteed approval credit card is a secured card with a refundable deposit, that acts as your spending limit and prevents you from spending more money than you can afford to repay.… read full answer
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