{"id":2718,"date":"2016-11-03T10:22:33","date_gmt":"2016-11-03T15:22:33","guid":{"rendered":"https:\/\/publicaffairs-sme.com\/pressrelease\/?p=2718"},"modified":"2016-11-03T10:45:49","modified_gmt":"2016-11-03T15:45:49","slug":"military-star-card-has-lowest-interest-rate-among-store-branded-credit-cards-according-to-survey","status":"publish","type":"post","link":"https:\/\/publicaffairs-sme.com\/pressrelease\/?p=2718","title":{"rendered":"MILITARY STAR Card Has Lowest Interest Rate Among Store-Branded Credit Cards, According to Survey"},"content":{"rendered":"

\"2016militarystarcard_civilian\"DALLAS \u2013<\/strong> As store-branded credit cards across the United States charge record-high interest rates, the MILITARY STAR card has the lowest flat interest rate among cards offered by America\u2019s Top 100 retailers, according to a new report from CreditCards.com<\/a>.<\/p>\n

The report states that more than half of retail-branded cards carry an APR of at least 25 percent, with some reaching as high as 30. The MILITARY STAR card\u2019s flat rate is 10.49 percent, nearly a third of the highest-interest credit card evaluated by the report<\/a>.<\/p>\n

Almost all service members who apply for a MILITARY STAR card are approved, automatically qualifying them for the 10.49 percent interest rate.<\/p>\n

\u201cThe Army & Air Force Exchange Service strives to provide a credit product that adds value to the lives of Soldiers, Airmen and their families,\u201d said Retired Army Col. Thomas Ockenfels, the Exchange\u2019s Director of Staff. \u201cFrom the holidays to PCS season, the MILITARY STAR card has military families covered\u2014under terms that are fair for those who work so hard to keep this country safe.\u201d<\/p>\n

The MILITARY STAR card exclusively helps military service members and their families with their financial needs, offering no annual, late or over-limit fees and no back-interest when 0 percent promotions expire.\u00a0For more information and to apply, visit MyECP.com<\/a>.<\/p>\n

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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.\u00a0 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<\/a> or follow us on Twitter at https:\/\/twitter.com\/ExchangePAO<\/a>.<\/p>\n

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Media Notes:<\/strong><\/p>\n

For more information or to schedule an interview with an Exchange representative please contact Conner Hammett, 214-312-2714 or hammettc@aafes.com<\/a>.<\/p>\n

Follow the Exchange:
\nFacebook:\u00a0 www.facebook.com\/shopmyexchange
\n<\/a>Twitter:\u00a0 https:\/\/twitter.com\/shopmyexchange
\n<\/a>Instagram: @shopmyexchange<\/a><\/p>\n\t

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