Defend Your Finances With Military-Friendly Credit Cards

Posted September 28 2016
by PenFed Team
woman in uniform with 2 young children

Did you know that your service to your country entitles you to certain financial relief and benefits? Debt relief for active duty personnel and credit card programs designed especially for servicemembers, are just two of the ways credit unions recognize military personnel for their service.

SCRA Debt Relief

The Servicemembers Civil Relief Act (SCRA), formerly known as the Soldiers’ and Sailors’ Civil Relief Act of 1940, provides important safeguards to members on active duty status in the area of financial management. To obtain further information about the program and eligibility criteria, the SCRA’s User Guide is a valuable resource available for download.

Military-Friendly Credit Cards

Your status as a servicemember also makes you eligible to apply for credit card programs that include features and benefits designed specifically for the financial needs of military personnel. Eligibility requirements may vary with the type of financial institution. At PenFed Credit Union, for example, you must be a member of the U.S. military, National Guard or Reserves, or be an honorably discharged veteran or retired from the military to apply.

PenFed’s military-specific credit cards include the PenFed Defender American Express® Card and the PenFed Defender Visa Signature® Card. The PenFed Defender American Express card was recently listed as a top five military credit card on

A few of the outstanding benefits of a PenFed Defender Card include:

  • 1.5% unlimited cash back on all purchases
  • No fees
  • Interest rates as low as 10.24% variable APR*on purchases and cash advances
  • Rewards automatically credited to your statement every month
  • EMV chip-enabled for added security
  • The ease and convenience of digital wallet

PenFed’s Got You Covered

Your service to your country is important to PenFed. That is why you deserve the unique benefits of a military-friendly credit card that’s got you covered—wherever, whenever.

With great rates, no fees, and great cash rewards, PenFed military credit cards are a great way to spend less on financial fees and more on the things you actually want. Designed exclusively for our nation’s defenders, apply for your PenFed Defender Card today.


Rate and offers current as of September 26, 2016 and are subject to change.

*Rates are based on an evaluation of applicant credit. Your actual APR will be disclosed at the time of credit approval. Not all applicants will qualify for the lowest rate.

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