Chase Sapphire Reserve Military Lending Act

Call chase military services toll free at 1 877 469 0110 about these and other servicing benefits available to you.

Chase sapphire reserve military lending act.

Grocery stores and dining at restaurants including takeout and eligible delivery services home improvement stores such as home depot and lowe s and select. Chase updated their military policy on september 20 2017 to comply with the military lending act. Marriott bonvoy brilliant american express card. We ve talked about credit card benefits for active duty service members in the past.

In 2006 the military lending act mla was enacted and implemented by the department of defense. Any account opened after sep 20 2017. 20 2017 chase instituted a significant policy change in order to be in compliance with the military lending act mla. This seems to only apply to chase personal not business cards.

Any account opened after sep 20 2017 is eligible for the chase military fee waiver. Our specialists are available monday friday from 8 am to 11 pm et. If calling internationally you can call collect at 1 318 340 3308. 12 months of complimentary lyft pink membership.

Most of these benefits are due to the servicemembers civil relief act scra. If you have a promotional or introductory rate you ll be able to keep. Active duty military can now get the most popular chase personal travel rewards card the chase sapphire reserve for free. Because of the 36 mapr military annual percentage rate cap including fees for a credit card account chase erred on the side of caution and waived the sapphire reserve s annual fee for military personnel for.

With the pay yourself back tool your ultimate rewards points are worth 50 more when you redeem them for statement credits against purchases in our current categories. Waived 450 annual fee see rates fees with the same stipulations as the amex platinum. Sapphire reserve is broadening your world of benefits. Your chase sapphire reserve account will receive one complimentary lyft pink membership for 12 consecutive months a minimum value of 199 when the membership is activated with a chase sapphire reserve card by 03 31 2022.

For more information on the chase sapphire reserve read our card review. We accept operator relay calls. Call chase s very helpful military specialist line at 1 800 235 9978. I recently opened a chase ihg premier card and received my mla fee waiver letter from chase before i even received the card.

Chase military lending act. The military lending act mla was passed not too long ago with chase updating their policy for active duty military personnel in which case if you fall under this category it s to my understanding that you ll have your annual fee waived completely on top of a military annual percentage rate mapr that won t be over 36.