Cameron DiGiovanni, Writer
@cdigiovanni20
Many credit cards waive the annual fee for military members, including certain cards from American Express, Chase, and Capital One. The most notable credit cards that waive annual fees for military personnel are Chase Sapphire Reserve® and the Capital One Venture X Rewards Credit Card. Both cards normally have a high annual fee, but active military personnel do not have to pay it. The Chase Sapphire Reserve and Capital One Venture X cards are therefore great offers for military members, since the luxury perks on these cards can be enjoyed at no cost.
However, it is worth noting that Capital One will only waive the annual fee for Capital One Venture X if the account was open before active-duty service started.
Credit Cards that Waive Annual Fees for Military Members
Card issuers are required to give some benefits to military members with SCRA-eligible accounts. Yet many credit card companies go above and beyond these requirements by waiving annual fees. In particular, American Express, Capital One, and Chase are among the best credit card issuers for active military members because they offer some high-end cards that military personnel can take advantage of without the price tag.
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