Fort McCoy News Oct. 23, 2015

New Military Star card coming soon to Exchange

To better serve shoppers at Fort McCoy Exchange facilities, the Exchange Credit Program's Military Star card soon will 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 two 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 began arriving in cardholders' mailboxes in mid-September, has 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 also will 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 said was 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.

• 5-cents-per-gallon savings at Exchange gas stations.

"Because Military Star card transactions are processed in-house, costly merchant fees are avoided," said Fort McCoy Exchange General Manager Steve Ard. "Instead of paying bank fees for credit-card processing, Fort McCoy Exchange stores can better support MWR (Directorate of Family and Morale, Welfare and Recreation) programs. That's why using a Military Star card not only benefits the cardholder, but every member of the military community."