Military Card for Bad Credit
Can I apply for military credit card if I have bad credit?
You can apply for a military credit card for bad credit that can offer you financing and assistance with improving your credit score. A credit card is the most common type of financing to use when working to establish or re-establish your credit history. For most military members, a credit card can simultaneously help you improve a low credit score and give you access to instant credit. The best part of owning a credit card is that it can be used just about anywhere and these military credit cards can be used for purchases around the globe without incurring any foreign transaction fees. Pay for food, transportation, emergencies, or any type of everyday purchase with a credit card. Remember to pay off each month's charges in full and the next time you check your credit score, you may see an improvement!
The best advice for someone who has damaged credit or no credit history is to track what you are purchasing, pay off your bills each month, and trim down your expenses to maximize your savings. From there, you can begin to evaluate if a past purchase is absolutely necessary or if you would have preferred that money be used for something else. Once you become confident in your new budget friendly lifestyle, your finances will fall in place easier.
Even though you may have bad credit, a military credit card can provide special benefits to military members and veterans. Active duty military members qualify for special SCRA, PCS, and deployment rates. For example, your credit card interest rates will drop to only 4% when military members and their families are experiencing a change in military station or are deployed. Get a credit card that is intended just for you and gain access to more benefits and protections that help boost your credit.