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marge

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  1. WRT SCRA benefits, they apply any time you are on active duty...not just when you are deployed. It seems many folks don't know this...I didn't! If you haven't applied for SCRA benefits with your credit cards, do it today. Many companies (Citibank, Home Depot, Citibank mortgages, Chase, Capital One, and Discover for sure) will refund you any interest you have paid above the SCRA rates...they did it for us going back 10 years! This includes cards that a dependent may have, even if the active duty person is not on the account. An email that was sent around recently: A SMSgt from AFPC is deploying and found out some info to pass on... 'As I'm preparing to deploy I decided to call my credit card companies to ask about the Service-members Civil Relief Act (SCRA) and I found out something you all should know, especially our young Airman. Most military members believe this only applies to them when or while they're deployed, however I found that to be untrue. Discover Card, Capital One, and Citibank all explained it to me this way: Discover Card rate for active duty members is locked in at 5.90% while on active duty and this include dependents that carry their own card even if you are not on their account. If you currently have a Discover Card and the interest rate is higher than 5.90% they will credit or refund you the difference to include any annual fees (if you have any), accrued interest fees on purchases, payment fees, penalty fees, and late fees you have paid since owning their card while on active duty. This rate is also locked in for up to 1 year after you leave active duty and applies to all accounts with Discover Card but you have to apply for the benefit in order to receive it. To apply for Discover Cards program log on to www.discover.com/scra and request benefits now, I uploaded a copy of my proof of service letter from vMPF and sent it on-line. My wife mailed a copy of my proof of service letter and a copy of our marriage certificate to: SCRA P.O. BOX 15185 WILMINGTON DE 19850-5185 **(Include a coversheet with your full name, his/her full name, last 4 digits of his/her account(s), last 4 digits of both member SSN).** Capital One has the same program however the interest rate for Capital One is 4.00%. Everything else is the same as with the Discover Card to include your spouse. To apply for Capital One program log on to www.capitalone.com and search for SCRA and request benefits, your spouse should mail the following information to the address below: (Your Name & SSN, Proof of Service or LES, Spouse full name & SSN, and account number) To: CAPITAL ONE Attn: SCRA Request P.O. Box 30285 Salt Lake City, UT 84130-0285 Citibank program has an interest rate of 0% for all military members and dependents even if the spouse is not on your account, they will also credit or refund you the difference like Discover Card. Citibank includes BestBuy, Home Depot, Macy, Sears and Zales to name a few; to request this service from Citibank for you and your spouse email a copy of your proof of service letter, full name, and account numbers to www.militaryorders.com you can call 1-877-804-1082 if you have questions or need to know of other covered department store cards. If you own other credit cards you should definitely give them a call to begin receiving a lower rate and also to possibly receive your credit or refund, even if you currently have a zero balance you get refunded the interest you have paid.' Chase offers a 4% interest cap while on active duty, $0 fees and late payments, and THEY WILL REFUND past interest that you have paid like the other companies. They want a copy of orders to verify eligibility. Contact their military concierge department at 1-877-469-0110 to apply. Hope this helps someone!
  2. Just to make sure I have all my ducks in a row...does "years of aviation service as pilots" refer to DOR, UPT start date, or UPT graduation date? (I did search and saw this question in relation to different bonus packages but the wording was slightly different.)
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