Chase and American Express Waive Credit Card Fees for Active Duty Military Members

One of my first posts on this blog was about the credit cards that I have in my wallet. I am constantly looking at ways to save a few bucks or earn more airline miles/hotel points. I just called Chase to inquire about my Servicemembers Civil Relief Act Benefits. I was told that benefits are renewed every two years while on active duty.

To the point, most major companies in the United States will waive fees and/or cap interest rates at a low percent for active military.

Chase offers the following benefits on debt accrued prior to joining and in some instances, on debt accrued after joining:

  • All fees waived
  • Maximum Annual Percentage Rate of 4%

If you have any questions, call Chase at 1-877-469-0110. To ensure that you do not get stuck with a $450 annual fee like on the Chase Sapphire Reserve card, call first.

If Chase is not in your plans, American Express waives fees (over limit, annual, late payment, etc) on ALL of their credit cards for active duty military. To process your request with American Express, please call 1-800-253-1720.

Lastly, both companies offer refunds on fees that had been charged while you were on active duty. As always, only take on the credit cards that your situation can handle. Good luck.


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