Military Loans - Military STAR Card Financing

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The Military STAR Card, an Army Air Force Exchange Service (AAFES) charge card, is a popular and smart way for military members and their family members to finance purchases of household items. The Military STAR Card is in fact one of the largest private credit cards, with almost 2 million users. The card allows cardholders to make purchases at AAFES locations around the world and at AAFES' online store at www.aafes.com.

The Military STAR Card offers several advantages for servicemembers. First, the interest rate is very reasonable, and the rate usually beats military loan rates, bank card rates and other financing options. Plus, there are no fees or additional charges for the card. And the card is a great way for servicemembers to establish credit.

Additional benefits include a promotion that allows deployed servicemembers (to OEF/OIF) to be eligible for reduced interest rates. Eligible servicemembers can have their interest rates lowered to 6% for new purchases or existing balances. To be eligible, servicemembers must have their unit commanders provide a copy of their orders to AAFES.

Overall, the Military STAR card is one of the best ways for servicemembers and their families to finance a variety of items, including clothing and accessories, computers and electronics, furniture and appliances and other items.

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