JPMorgan Chase Courts Members of the Military (Forbes)   Leave a comment

afghanistanImage by The U.S. Army via Flickr

These accounts offer their holders a lot of perks, which, along with attractive credit card offers, include no monthly fees or balance requirements on the account, free Chase design checks and safety deposit boxes, free money orders, official checks and traveler’s checks when issued at Chase branches, no wire transfer fees and no fees for using non-Chase ATMs.

Chase Military Banking Account holders can also expect to receive interest payments on their checking balances and have the option of opening a Chase Plus Savings account which features higher interest rates and no monthly service fees.
“Our servicemen and servicewomen deserve the very best Chase has to offer. We are lowering the cost for military personnel to do their everyday banking wherever they are around the world,” stated the CEO of Retail Banking at Chase, Todd Maclin.

Military customers who are current account holders at Chase were automatically upgraded to the Chase Premier Plus with Military Banking Benefits on July 1. Military customers new to Chase will receive Military Banking benefits as soon as they make arrangements for their military base pay to be directly deposited into their Chase account.
As of July 1, any active duty service members that own a small business will also be eligible for a slew of special Business Banking offers that include the waiving of monthly service fees, the waiver of annual fees on qualifying lines of credit, special discounts on qualifying Small Business Administration Loans including but not limited to the SBA Patriot Express Loan, and up to $500 off qualifying loans.

A special Military Mortgage program has also been launched by Chase. These Chase Military programs are currently available at all of Chase’s 5,300 branches, as are multiple Chase credit card offers.

Posted July 18, 2011 by ilanamelissagreene in Uncategorized

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