Chase is my second favorite bank after USAA. I recently found out that Chase Bank will waive all credit card fees, late fees, and all other fees for Military members on Active Duty. It is very easy to apply and their customer service is excellent from my past experience.
Here’s what you need to do:
- Call Chase Military Banking at 1-877-469-0110. This is a Military only line and takes calls 24/7. Awesome!
- Tell them you are Active Military. They will ask you to send them proof like a copy of your orders. Send them your information via fax or email.
- Wait a couple of weeks and they will send you a letter in the mail. (I have posted the letter they sent me in the mail below)
- Enjoy FEE FREE service. I have the IHG Priority Club Credit Card and the $49 annual fee was reimbursed immediately once they verified military status. Their military banking also waives all checking and savings account fees.
Many other Banks do this also. Read our post about American Express waiving credit card fees
Here is a letter that I recently received from them:
We’re dedicated to supporting our members of the military and are pleased to let you know that your account is eligible for benefits under the Servicemembers Civil Relief Act.
Your credit card account qualifies for SCRA benefits described in this letter, If you have other accounts of banking relationships with us, those account will also be evaluated to see if similar benefits are applicable. you will receive a separate response for other accounts you may have with us
- You’ll receive a maximum Annual Percentage Rate (APR) of 4% for your entire account balance, including new purchases
- If you have a lower APR on any existing balance such as an introductory or promotional rate, you’ll receive the lower rate until it expires
- You account in now exempt from all fees, including foreign transaction fees, late fees, and annual fees
- All fees and interest charges on your account balance will be recalculated from the date provided on your official documentation.
Since the documentation used to determine eligibility does not indicate the expected end date of your military service, we have applied these SCRA benefits for 12 months. If your military active duty status or service dates change, please provide us with verifications by sending a copy of one or more of these documents
- Military Orders
- Certificate of Release or Discharge from Active Duty (DD Form 214)
- Authorized Department of Defense short form
- Letter form your commanding officer
- We will automatically continue your benefits if your active duty is extending, provided we can confirm your new active duty dates before your benefits expire
If you have any questions, please call us at 1-877-469-0110. Our Military Customer Service Specialists are here to assist you anytime
Thank you for doing business with Chase. We thank you and your family for your service to our country and hope these benefits provide you with added peace of mind during this time.
Military Customer Service Specialists