Does capital one waive annual fees for military?

Does Capital One Waive Annual Fees for Military?

As a member of the military, you may be eligible for special benefits and perks from credit card issuers, including waiving annual fees. In this article, we’ll explore whether Capital One waives annual fees for military personnel and what you need to know to take advantage of this benefit.

Does Capital One Waive Annual Fees for Military?

Yes, Capital One does waive annual fees for military personnel. According to Capital One’s website, they offer a range of credit cards with no annual fee or reduced annual fees for active military personnel, veterans, and their families.

Eligibility Criteria

To be eligible for the annual fee waiver, you must meet the following criteria:

• Be an active military personnel (Army, Navy, Air Force, Marine Corps, Coast Guard, or National Guard)
• Be a veteran
• Be a spouse or dependent of an active military personnel or veteran
• Have a valid military ID or other proof of military service

Capital One Credit Cards with No Annual Fee

Capital One offers several credit cards with no annual fee that are eligible for the annual fee waiver for military personnel. Some of these cards include:

• Capital One Quicksilver Cash Rewards Credit Card: This card offers 1.5% cash back on all purchases and no foreign transaction fees.
• Capital One VentureOne Rewards Credit Card: This card offers 1.25% miles on all purchases and no foreign transaction fees.
• Capital One Platinum Credit Card: This card offers no foreign transaction fees and no annual fee.

Capital One Credit Cards with Reduced Annual Fee

Some Capital One credit cards have a reduced annual fee for military personnel. These cards include:

• Capital One Venture Rewards Credit Card: This card offers 2 miles per dollar on all purchases and a $0 annual fee for the first year, then $95 per year.
• Capital One Spark Miles for Business: This card offers 2 miles per dollar on all purchases and a $0 annual fee for the first year, then $95 per year.

How to Apply for the Annual Fee Waiver

To apply for the annual fee waiver, you’ll need to:

• Apply for a Capital One credit card that is eligible for the waiver
• Provide proof of military service, such as a valid military ID or other documentation
• Contact Capital One customer service to request the waiver

Benefits of Capital One Credit Cards for Military

Capital One credit cards for military personnel offer a range of benefits, including:

• No foreign transaction fees: Perfect for international travel or online shopping
• Rewards programs: Earn cash back, miles, or points on your purchases
• Travel insurance: Get coverage for trip cancellations, interruptions, and delays
• Purchase protection: Get protection against lost, stolen, or damaged items
• Credit score monitoring: Get free credit score monitoring and reporting

Conclusion

Capital One does waive annual fees for military personnel, offering a range of credit cards with no annual fee or reduced annual fees. To be eligible, you must meet the eligibility criteria and apply for a credit card that is eligible for the waiver. By taking advantage of this benefit, you can enjoy the rewards and benefits of a Capital One credit card without the added expense of an annual fee.

Frequently Asked Questions

• Do I need to provide proof of military service to waive the annual fee?: Yes, you’ll need to provide proof of military service, such as a valid military ID or other documentation.
• Can I apply for a Capital One credit card if I’m not a military personnel?: Yes, you can apply for a Capital One credit card, but you won’t be eligible for the annual fee waiver.
• Can I cancel my Capital One credit card and still get the annual fee waiver?: No, the annual fee waiver is only applicable to active credit card accounts.

Table: Capital One Credit Cards with No Annual Fee

Table: Capital One Credit Cards with Reduced Annual Fee

I hope this article has provided you with the information you need to know about Capital One’s annual fee waiver for military personnel. Remember to always review the terms and conditions of any credit card before applying, and to contact Capital One customer service if you have any questions or concerns.