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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. |