Finance Military Discounts

Credit union serving active duty, veterans, DoD civilian employees, and their families. Competitive auto loans, mortgages, and zero-fee checking.

Open to all military members and veterans. Competitive mortgage rates, auto loans, and credit cards.

Servicemembers Civil Relief Act caps pre-existing debt interest at 6% for the duration of active duty service. Covers credit cards, mortgages, car loans.

Military discount available for active and former service members. Ask about deployment storage discount when your vehicle is stored.

USAA is a financial institution exclusively for military members and their families. No fees on checking accounts, competitive rates on auto/home/renters insurance, military-specific benefits like deposit insurance for deployed members, and 10¢/gallon cash back on gas. Not a discount — a military-exclusive financial institution that consistently outperforms commercial alternatives on price and service.

GEICO offers up to 15% off auto insurance for active duty military members and veterans. GEICO is one of the most competitive auto insurers for military families (second only to USAA for military-specific rates in many markets). Good option if you don't qualify for USAA or want to compare.

Enlisted active duty and reserve service members (E-1 through E-9) with a W-2 from DFAS can file federal and state taxes free using TurboTax Online Free Edition, Deluxe, or Premium. Officers, warrant officers, veterans, retirees, National Guard, TurboTax Desktop, and TurboTax Experts products do not qualify.

Authorized Exchange shoppers get 10% off tax preparation at H&R Block offices located inside AAFES Exchange facilities worldwide, plus a free second-look review and H&R Block's standard accuracy guarantee. The most recently confirmed window ran through March 19, 2026 (tax season for the 2025 filing year); exact dates shift each year and are not currently active outside tax season.

Active military members can enroll free, with no credit card required, in Experian IDnotify, which provides a new free Experian credit report every month plus monitoring of that report with alerts when key changes occur. This is a distinct program from Experian's paid IdentityWorks product — Experian's own military page promotes IDnotify, not a discount on IdentityWorks.

Embrace applies a 5% discount to the accident-and-illness portion of premiums for an active-duty, veteran, or eligible family member of the U.S. Armed Forces. The discount is not available in New York or Tennessee and is subject to state regulation.

Chase waives the $25 monthly service fee on Premier Plus Checking (and linked accounts) for current servicemembers, veterans, reserve, and National Guard members with a qualifying military ID or proof of service. Active duty/reserve members with military direct deposit also get fee-free incoming and outgoing wire transfers for 180 days after the last qualifying deposit.

Bank of America waives monthly maintenance fees and ATM fees on deposit accounts for eligible active-duty military members, along with related waivers on wire fees, debit-card-replacement fees, and standard check-order fees, on top of SCRA-mandated protections.

Under the Servicemembers Civil Relief Act, Amex caps interest at 6% and waives fees — including annual membership fees — on personal cards for the duration of active-duty service, once approved. This applies to premium cards like The Platinum Card and Gold Card, not just no-fee cards. Reservists and Guard members called to active duty qualify too.

For Citi credit card accounts opened before entering active duty, the Servicemembers Civil Relief Act benefit drops the APR to 0% and waives fees — including the annual fee — for the covered period. Reservists and Guard members activated to federal orders qualify.

Andrews Federal Credit Union's Kasasa Cash Checking pays 5.25% APY on balances up to $25,000 with no monthly maintenance fee, plus nationwide ATM fee refunds, when the account meets a simple monthly activity requirement (one ACH transaction, 15 debit purchases, e-statements). Membership is open to active-duty, Guard/Reserve, DoD civilians, and their dependents nationwide and overseas, not just personnel local to Joint Base Andrews.

Fifth Third's Military Checking program (open to active duty, retired, reserve/guard, and veterans, plus commissioned officers of the Public Health Service and NOAA) waives the monthly service charge entirely when paired with a Fifth Third Momentum Checking account, or knocks $5 off the monthly service charge on a Fifth Third Preferred Checking account with $500+ in monthly direct deposits. Also includes special VA Home Loan rates and 10 free non-Fifth Third ATM transactions per month.