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Key takeaways Active-duty military members and their families are eligible for a variety of credit card perks and benefits due in part to the Servicemembers Civil Relief Act. This federal law sets ...
Chase military cards have no annual fee and provide cardmembers access to a dedicated, expert Military Customer Service team, 24 hours a day, seven days a week.
The Uniformed Services Employment and Reemployment Rights Act of 1994 ( USERRA, Pub. L. 103–353, codified as amended at 38 U.S.C. §§ 4301 – 4335) was passed by U.S. Congress and signed into law by U.S. President Bill Clinton on October 13, 1994 to protect the civilian employment of active and reserve military personnel in the United States called to active duty. The law applies to all ...
Under the SCRA, service members are entitled to a cap of 6% on interest rates for pre-existing debts incurred before active duty. The law also restricts the use of military allotments, protecting servicemembers from unauthorized automatic deductions from their military pay.
The Military Star Card credit card is the ECP's most successful product, with 1.6 million cardholders across the six branches and their dependents. [56] According to a November 2022 report by CreditCards.com, the Star Card has one of the lowest flat interest rates among retail-branded credit cards.
The Defense Commissary Agency ( DeCA ), headquartered at Fort Gregg-Adams, Virginia, is an agency of the United States Department of Defense (DoD) that operates nearly 240 commissaries worldwide. American military commissaries sell groceries and household goods to active-duty, Guard, Reserve, and retired members of all eight uniformed services of the United States and eligible members of their ...
Servicemembers' Group Life Insurance ( SGLI) is a life insurance program available to all active duty and reserve members of the uniformed services of the United States.
Chase's proposed fee comes at a time when the average monthly fee for a non-interest checking account is $5.31, and $15.33 for an interest-bearing account, according to Bankrate. Lake spoke to ...