Overview: Military Star Card

The military star card (Photo: AAFES)
The military star card (Photo: AAFES)

The Military Star Card is a private-label line of credit offered by the Exchange Credit Service (ECP) and managed by the Army and Air Force Exchange Service (AAFES).  It offers a 10.99 annual percentage rate, no annual fees or overage or late payment charges, and a percentage off services at certain exchange-operated businesses on base. It can be used only in exchange-operated stores.

In the past, users could also apply instead for the Military Star Rewards MasterCard, which combined the private-label credit line with a MasterCard line of credit managed by Chase Bank. Those two lines of credit, combined into a single physical card, showed as two separate accounts on users' credit reports and were managed through two separate account websites.

Over the fall of 2015 Military Star Card and Military Star Rewards MasterCard users were sent new cards – one for each account. Unlike the previous programs, all users of the new Military Star Card, not just the MasterCard holders, will now receive points for every $1 spent at on-base businesses that accept the card. Once users reach 2,000 points they will automatically receive a $20 Exchange gift card in the mail.

Military members who hold the new Chase Military Free Cash Rewards card receive 2 percent cash back on all purchases at Exchange businesses, MWR locations and the commissary, and 1 percent back on all other purchases.

Users with outstanding rewards balances on their Military Star MasterCard had until late September 2015 to cash out their balances through Chase Bank or automatically receive their rewards in the form of exchange gift cards. Those gift cards will arrive to users via the U.S. Postal Service in late November.

For more information, visit the Star Card website at www.myecp.com.

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