New MILITARY STAR® Card with Updated Rewards Coming Soon
DALLAS - To better serve military families, the Exchange Credit Program's MILITARY STAR® card will soon offer an updated rewards program along with a new look and enhanced card security features.
When the updated rewards program launches in October, all MILITARY STAR® cardholders will earn 2 points for every $1 spent in Army, Air Force, Marine Corps and Navy exchange stores, and wherever else the MILITARY STAR® card is accepted. For every 2,000 points earned, shoppers will automatically receive a $20 Exchange rewards card.
The updated MILITARY STAR® card, which will arrive in cardholders' mailboxes in mid-September, will have enhanced features to protect service members and their families from becoming victims of fraud. A security code on the back will provide extra protection when shopping online. The card will also include expiration and "member since" dates on the front.
The new MILITARY STAR® card reflects a patriotic look that includes an image of the Statue of Liberty and branch of service seal, something customers voiced as important in focus groups.
Though its look is changing, the MILITARY STAR® card's benefits will continue, including:
- Competitive interest rate of 10.24 percent-an industry-leading interest rate.
- No annual, late or over-limit fees. * 10 percent off first-day purchases.
- 10 percent off Exchange food court purchases.
- 5-cents-per-gallon savings at Exchange gas stations.
- Free standard shipping at shopyexchange.com.
In addition to advantages for customers, the entire military community benefits when shoppers use a MILITARY STAR® card.
"Because MILITARY STAR® card transactions are processed in-house, costly merchant fees are avoided," said Exchange Credit Program Senior Vice President Jami Richardson. "Instead of paying bank fees for credit card processing, the exchanges can better support Army Morale, Welfare and Recreation and Air Force Services programs. That's why using a Military Star card not only benefits the cardholder, but every member of the military community."
The Army & Air Force Exchange Service goes where Soldiers, Airmen and their families go to improve the quality of their lives through goods and services provided. Exchange earnings provide dividends to support military morale, welfare and recreation programs. The Exchange is part of the Department of Defense and is directed by a Board of Directors, responsible to the Secretaries of the Army and Air Force through the Chiefs of Staff. To find out more about the Exchange history and mission or to view recent press releases please visit our Web site at http://www.aafes.com/about-exchange/public-affairs/press-releases.htm or follow us on Twitter at https://twitter.com/ExchangePAO.