Charleston Chapter – MOAA Charleston Chapter – MOAA
Charleston Chapter – MOAA Charleston Chapter – MOAA
Charleston Chapter – MOAA


Recent News:
(Published in last 30 days)


Charleston Chapter – MOAA
Date Posted:03/19/19
This Story Expires on: 09/30/19
Here's All the Government Programs that Help Vets with Jobs and Benefits

Date Posted:03/19/19
This Story Expires on: 06/30/19
Military Discounts for Major League Baseball Games

Date Posted:03/14/19
This Story Expires on: 05/31/19
Here’s the breakdown of the Pentagon’s budget request

Date Posted:03/14/19
This Story Expires on: 05/31/19
Pentagon Budget Includes Plan to Reduce Military Medical Force

Date Posted:03/14/19
This Story Expires on: 05/31/19
No more ‘luxury’ breast pumps for new moms under Tricare policy change

Date Posted:03/14/19
This Story Expires on: 06/30/19
Marine Corps Removes Tuition Assistance Restrictions

Date Posted:03/14/19
This Story Expires on: 06/30/19
If your school needs a new veterans center, Uncle Sam might chip in

Date Posted:03/12/19
This Story Expires on: 06/30/19
Update to Goose Creek VA Lab Operations

Date Posted:03/12/19
This Story Expires on: 04/30/19
Don't Fall for These Tax Prep Scams

Date Posted:03/11/19
This Story Expires on: 06/30/19
South Carolina State Veteran Benefits

Date Posted:03/11/19
This Story Expires on: 06/30/19
This 2019 Scholarship Gives MilSpouses Free Financial Counselor Accreditation

Date Posted:03/11/19
This Story Expires on: 05/31/19
Pentagon Debuts Draft Tenant Bill of Rights for Troops on Eve of Major Hearing

Date Posted:03/11/19
This Story Expires on: 06/30/19
You Joined the Military. Now, Uncle Sam Wants You to Join the Merchant Marine

Date Posted:03/08/19
This Story Expires on: 06/30/19
Veterans' health records coming to iPhone

Luncheon Meeting

Date Posted:03/07/19
This Story Expires on: 06/30/19
Veterans Receive Golden 'Tickets' Canceling Their Medical Debt

Date Posted:03/07/19
This Story Expires on: 05/31/19
Cheap Lodging for Military Families

Date Posted:03/07/19
This Story Expires on: 06/30/19
Retirees, Civilians, Want to Live in Base Housing? Yes, You Can!

Date Posted:03/07/19
This Story Expires on: 06/30/19
Will the VA Pay for Your Funeral? The Answer May Surprise You

Date Posted:03/07/19
This Story Expires on: 04/10/19
Purple Heart Recipients to Get Claims Priority Starting April 1

Date Posted:02/19/19
This Story Expires on: 04/30/19
Task Force Backs Controversial Merger of Base Store Systems

Date Posted:02/19/19
This Story Expires on: 05/31/19
Transition A Mobile App for Military Transition Planning

Date Posted:02/17/19
This Story Expires on: 04/30/19
VA to Roll Out New Claims Appeals Process Next Week

Date Posted:02/17/19
This Story Expires on: 03/31/19
Remember the rules for SBP coverage

Date Posted:02/13/19
This Story Expires on: 07/31/19
No experience? No problem! Vets can jump start careers in IT with this new, free program

Date Posted:02/12/19
This Story Expires on: 04/30/19
Apple will let military veterans access their health records on the iPhone

Date Posted:02/06/19
This Story Expires on: 04/28/19
6 Steps for Making It as a Career Minded Military Spouse

Date Posted:02/03/19
This Story Expires on: 04/16/19
Here's What the New Military Spouses Residency Rules Mean

Date Posted:02/03/19
This Story Expires on: 04/16/19
Tax Code Changes Could Mean Bigger Returns for Service Members, Families

Date Posted:01/27/19
This Story Expires on: 03/31/19
Traveling Vietnam War Exhibit

Date Posted:01/23/19
This Story Expires on: 03/31/19
Civilian Life 101: Here’s what you need to know before you take off that uniform

Date Posted:01/20/19
This Story Expires on: 04/16/19
Free and Discounted Tax Preparation for Military

Date Posted:01/20/19
This Story Expires on: 03/31/19
Use This 37 Point Checklist to Evaluate a Retirement Community

Date Posted:12/28/18
This Story Expires on: 03/31/19
How to Get Free Supplies to Ship Care Packages

Date Posted:12/17/18
This Story Expires on: 03/31/19
Major Veterans Legislation Winding Through Congress

Date Posted:12/13/18
This Story Expires on: 03/31/19
5 Things Vets Should Never Do at Job Interviews

Date Posted:12/11/18
This Story Expires on: 04/30/19
Free and Discounted Tax Preparation for Military

Date Posted:12/10/18
This Story Expires on: 03/31/19
VA Makes It Easier to Share Your Health Information with Private Doctors

Date Posted:12/10/18
This Story Expires on: 03/31/19
Marine Corps General James Conway and Master Sergeant Blaine Scott. (Photo: Ho Lin, Military.com)

Date Posted:11/21/18
This Story Expires on: 04/30/19
Transitioning to Civilian Life: Navigating the Financial ShiftNo matter why you're leaving the military, a big part of preparing for your civilian lif

Date Posted:05/05/18
This Story Expires on: 09/30/19
Take the VA's New RAMP to a Faster Appeal Decision

Breaking News   
Register for News Story Emails

Military Star Card Questions & Answers




The Exchange Credit Program offers the Military Star card to qualified, authorized military exchange patrons.  Here are a few questions I’ve received about the program:

Is The Military Star Card A Credit Card or A Debit Card?

The Star card is a credit card.

Where Can I Use The Military Star Card?

The Military Star card can be used at any retail outlet that is run by the Army and Air Force Exchange Service (AAFES), Marine Corps Exchange (MCX) or Navy Exchange (NEX).  Depending on your location, this may include the regular exchange stores, gas stations, mini-marts/shoppettes/Class Six stores, food courts, and separate uniform shops.  If you have a mini-mall, you may be able to use your Military Star card at some retailers, but be sure to ask because the details can vary a lot.

The Military Star card program used to include the option of a MasterCard branded Military Star card that could be used anywhere.  The relationship between the Military Star card and the Chase Mastercard program ended 30 September 2015.

Will My Command Be Notified If I’m Late With My Payment?

Possibly.  The Military Star card is part of the military exchange program, and so it acts differently than regular credit cards.  If you exceed your credit limit or do not pay your bill as required, your command may be notified, your pay may be garnished, and/or your income tax return may be seized.

In theory, none of these things would happen until the Exchange Credit Program had made a good faith effort to contact you, but I have heard numerous reports of these things happening over very small balances that the customer didn’t even know they had.

Does The Military Star Card Have Deployment Benefits?

Yes.  The Military Star card will suspend minimum monthly payments during your deployment, and lower your interest rate to 6%.  Interest will continue to accrue during your deployment, so the suspended minimum monthly payments aren’t really a very good idea, but the lower interest rate can help you pay off your balance.

This does not happen automatically.  You must submit the appropriate paperwork and receive notification that your account has been put into deployment status.  Do not assume it has happened without being notified, and always keep copies of all correspondence.

What Is The Interest Rate?

If you’re making a regular purchase, the interest rate is 10.49%. Whether this is a good rate depends on your other options. It is exceptionally low for a store credit card, but just barely competitive compared to the many excellent Visa and MasterCard products offered by companies like USAA, Pentagon Federal Credit Union, and Navy Federal Credit Union.  Special interest rates may apply to promotional sales.

One unique feature of the Military Star card is that it offers 0% interest on eligible military clothing (uniform) purchases. Unfortunately, this option is only available to Marine Corps, Army, and Air Force patrons, and there may be restrictions.

If you do not comply with the terms of the card, you will be subject to the penalty interest rate of 18.49%.

Is It A Good Card?

Again, this depends on your other options.  The Military Star card has some great benefits, such as the 0% interest rate on military clothing items.  I like it because I can get 10% off my food court purchases.  The interest rate isn’t great, but it isn’t terrible, either.

However, it has a pretty bad reputation for messing up payments, not putting in changes of address, and not trying to track down customers who haven’t paid their bill.  I discovered this first-hand last year.  I thought I had paid my bill in full before a PCS move, only to discover that a gas fill-up hadn’t posted before I paid the entire balance.  I’d owed $47 for several months before I saw the balance on my credit report when I was trying to get a mortgage.  Our change of address hadn’t processed, and they didn’t try to reach us by phone or email.  I was a little frustrated, and who knows how long that debt would have sat on my account if I hadn’t applied for a mortgage.

If you’re just building credit, and can be disciplined to watch your bills carefully and make all your payments on time (or early), the Military Star card can be a tool to building your credit.  If you are at all disorganized, or have a habit of not paying your bills, the Military Star card can be a disaster.  Your command could get involved, your pay could be garnished, or worse.  Whether it’s the right card for you is a decision that only you can make, but at least you have a lot of information about the program.



Return to News Stories
Charleston Chapter – MOAA
Charleston Chapter – MOAA

· Copyright ©2019 Charleston Chapter – MOAA P.O. Box 70421 Charleston SC 29415 ·
· Contact Charleston Chapter – MOAA · Editorial and Privacy Policy · Webmaster · Browser and Email Settings ·
· Website by VetVentures.org · VetVentures.org Disclaimer ·
V.8


SUPPORT OUR SPONSORS