Military discounts are a token of gratitude offered by businesses to the men and women who have served or are currently serving in the armed forces. These discounts are a small way to honor the sacrifices made by military personnel and their families, helping them save significantly on everything from groceries to travel expenses.
To help you take advantage of these savings opportunities, let's take a look at the top 5 discounts available to military servicemembers and veterans.
1. Automotive Discounts
The automotive industry has a long-standing tradition of supporting military personnel through various discount programs. Many car manufacturers, rental companies and insurance providers offer special pricing to active duty servicemembers, veterans and sometimes even their families. These discounts can apply to the purchase of new vehicles and are often in addition to other rebates and incentives available to the general public. Some of the most well-known car brands have structured programs that can save military members thousands of dollars on a new vehicle purchase, making it more affordable to own the car they desire.
2. Retail Benefits
The retail sector offers a plethora of exclusive in-store and online discounts to active-duty military members, veterans and their families. These discounts span across a wide range of brands and products, from clothing and electronics to home goods and sporting equipment. Many stores have a fixed percentage off the regular price, while others may offer special promotions during military appreciation events or holidays. Some online retailers also partner with military discount services to verify servicemember status, which you can then use to access discounts across multiple online stores.
3. Travel and Accommodation Deals
The travel industry is well-known for its support of military personnel through a variety of special offers and discounts. Many airlines provide reduced fares for active duty military members and their families, recognizing the need for affordable travel, especially when it comes to last-minute trips or emergency leave. Hotels and resorts also extend special rates to military personnel, often under a dedicated military discount program. These military rates can result in significant savings on accommodations, whether for leisure, during a PCS, or while on temporary duty.
4. Dining and Entertainment Discounts
Restaurants across the nation express their gratitude to military members by offering military discounts on meals. These discounts can range from a percentage off the total bill to a free appetizer or dessert. Some dining establishments may even offer a completely free meal to servicemembers on certain holidays like Veterans Day. It's a gesture that not only helps servicemembers save money but also gives them a warm welcome and a sense of appreciation from the community.
Entertainment centers like movie theaters and amusement parks also show their support for military members by offering special military pricing on tickets. This discount can make a night out at the movies or even a weekend resort more affordable, allowing servicemembers and their families to enjoy themselves without straining their budget.
5. Financial Services and Banking Perks
Financial institutions often provide tailored services to meet the unique needs of military members, including reduced loan interest rates. These lower rates can apply to mortgages, auto loans and personal loans, helping service members save money over the life of their loans.
Some lenders also offer special programs for military homebuyers, such as VA loans, which come with additional benefits like no down payment and no private mortgage insurance requirements. Active duty service members are encouraged to explore these options to maximize their financial benefits and make borrowing more affordable.
Looking for More Military Member Benefits?
Discover the discounts an AFBA membership has to offer.