Jennifer Nicole Long (Morgan County Sheriff's Office) Alabama children are mourning the loss of a classmate and friend after an 8-year-old boy was stabbed to death in his own home early Thursday morning. As an example, I recently cashed in 240,000 AMEX MR points for $27,000 first class flight from Hawaii to Tokyo, Japan. Track spending & rewards, find offers, review your balance, pay your bill and enjoy features only available in the Amex App. I called AMEX last month (Nov '13) and applied to have my account associated with the program. (American Express, Discover, MasterCard, Visa) Initially hired to run Wisconsin, which then grew to my managing the sales team and operations in 5 states across the Midwest. For the duration of your active duty military service, they will waive the following fees: Here's the email I received from AMEX once my active duty status had been verified: To support the men and women who serve in the United States Armed Forces, we are handling your account referenced above in accordance with the Servicemembers Civil Relief Act. They have even offered to waive the fee on my wifes personal card and also my sons. 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He had access to great airport lounges in Amsterdam while we were travelling on TDY. Opinions, reviews, analyses & recommendations are the authors alone, and have not been reviewed, endorsed or approved by any of these entities. Also, you have 2 separate platinum card accounts? I have heard that American Express goes above and beyond to support military spouses whose service member is not listed on the account. I think you might be winning the AMEX SCRA military fee refund game! Ive had an AMEX account since 2002 and been active army since 1999, so Ive amassed some fees, however when I called to confirm, I was told, yes, this is all correct, no errors made. Spencer, I can understand the simpler point you make, but it is important to be putting out accurate information, especially since many people are making the wrong assumption on linking the two (and sending me email links to your and other peoples sites citing it as fact). Been in for 10 years, AFs for 3 years, with AD orders 6+ months never thought I would be eligible. Cards opened while on active duty are waived with Military Lending Act (MLA). Im the sole proprietor, and the only card is in my name. Before we dive in I wanted to briefly discuss a couple of terms. What a nice benefit! Submit a copy of your orders if requested and you should get the fee waived. Plus I had recently become a cardholder (again) at AMEX and I would definitely remain a cardholder for much longer if I knew I wouldn't have to pay annual fees. See more details here. The last thing you want after an economy class flight is to wait in a long line for Customs and Immigration. $189 CLEAR Credit: Breeze through security with CLEAR lanes available at 100+ airports, stadiums, and entertainment venues and get up to $189 back per calendar year on your membership when you use your Card. My cards havent even arrived yet (and its been over a month). Returned Payment fees I applied when I returned 2 days after my ADT was completed. These cards are issued by American Express itself, as well as various third-party banks and other institutions on the American Express network. I found out you can have 5 AMEX cards after I did my own research. Hilton Honors American Express Card: Best no-annual-fee hotel credit card. AMEX verifies your service with a few questions over the phone and I believe they contact the DoD to confirm your service as well. He asked a few questions and within 5 minutes I was done. Even at a conservative 2 cents per point, the 80,000 Amex Plat welcome bonus is worth $1600! You will earn extra points when you stay at these properties because of your status and you might get freebies like breakfast, room upgrades, or other perks. Does the active reservist also qualify for the $550 annual fee waiver for AMEX Platinum card ? If so, once my orders are finished would I get charged with the fees? The value depends both on the card you have and how you choose to redeem your points. However if it is a cash deposit the fees will be counteracted with the engagement bonus. sector financials, Question: can I get another 100k point welcome bonus for a second AMEX platinum card? I dont know how the credit card companies handle APO addresses or what opportunities exist to meet minimum spends. What state do you live in? I am still on AD. Will the benefits automatically apply or will I have to send in my military info again? Examples include market share, smartphone shipments by vendor, subscribers by wireless carrier, historical gold production. 2nd question, do the credit card rates go to 4% with AMEX like they do for Chase and USAA? Hey Raquel, your home address does NOT need to be the same as your active duty spouse. The missing card: Premier Rewards Gold Card from American Express. Based on recent data points AMEX will continue to waive the annual fees for at least a few years after you leave active duty. I have never been charged an annual fee. If you have any issues with an Amex SCRA denial, check out this post to resolve it. Add to Cart. The current bonus on the card is a generous 75,000 Membership Rewards points after spending $5,000 in your first six months of card membership. Tim, you are correct that annual fee waiver is not a benefit included in the SCRA federal law. The number of cards issued and outstanding in the United States is included in this category. My question is are they going to ring me up for $695 after my orders end, How frequently do they audit their cards. According to Bankrate's latest valuation, American Express Membership Rewards points are worth an average of 2.1 cents per point, making them one of the more high-value rewards points. I am new to credit cards and not very financial or credit card savvy so theres so much fine print to a lot of things that are foreign to me. The community property states are: Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. What do you mean additional card holders dont count against me? If youre asking are you charged annual fees for them, the answer is NO, there are no annual fees for additional cardmembers if you have AMEX SCRA benefits. Calling them back certainly couldnt hurt. Many CSRs do not have formal training on SCRA benefits and do not understand the program. The Platinum Card from American Express military policy waives the annual fee on the American Express Platinum card for active duty servicemembers and military spouses. The Business Platinum Card from American Express does not waive the annual fee for active duty military servicemembers under the new Amex MLA policy implemented January 2020. Every one of our cards has the fee waiver and each one was obtained while I was active. I have the Platinum charge card per your advice and recently was offered a loan at 8% for $25k. Im wondering if they all got lucky? AMEX decided that they are going to be a true class act and go beyond their legal requirements. Don't let those credits go to waste! My spouses fees were waived as well. The [DS] is now scrambling to shift the narrative, Biden is on deck and the evidence is now coming out and the D party will make a move on him. Did you confirm in DEERs? Just wanted to set myself up right as I enter the service as you mentioned above. My husband has been active duty for 14 years but only recently found out about the AMEX fee waivers. 54 on the National Retail Federation's Top 100 . Post the pandemic, the number of cards in force has increased exponentially. When you pay your wireless bill with an eligible card, you can be covered for damage or theft . I was planning on getting the Delta Platinum and Hilton surpass in the near future. Get in touch with us now. $25.71. I was in the air force, I applied and got the amex platinum while I was serving. Trading Cards Trading Cards Baseball Cards . The Act also deals with obligations incurred while on active duty and carry over to a period in which the service member is deployed. a useful Q&A and SCRA When I opened the account, it was eligible for SCRA, but Amex later started charging me the annual fee. Yes! iMessage. I will keep the cards Im getting value from in excess of the annual fees and close the accounts I no longer need. AMEX does NOT have a 5/24 rule. You are the current leader for most fees refunded! Will they begin charging you the $5,800+ a year of fees or will you cancel all of your cards? When I lived in the United Arab Emirates for 2 years and could not use the credit, I sent UberEats to family and friends back home. Overlimit fees But this doesn't mean the no-annual-fee cards aren't any good. Terms apply. We are grateful for the service and devotion you have shown to our country. Choose between travel, cash back, rewards and more. Every month, like clockwork, I get a $15 credit in my Uber account, just for keeping my no annual fee Amex Platinum card around. I will be separating from the military in a couple of months. It worked. They actually dont require any verification from you. Usually the Platinum Card for American Express requires good to excellent credit. Always know what youll pay. I am concerned with the difference in language they used in my email. Subscribe to Pro or Enterprise plans to unlock this feature. You may need to add yourself as an authorized user to get the fees waived if you are not in a community property state. Now with the new AMEX MLA policy, AMEX business card annual fees are not waived. Fact or fiction? Congratulations on that early Christmas present from AMEX! Wish there was something like this around back when I was a new 2d Lt! You can all the benefits with none of the annual fees. That's only $1000 of spending per month required. Do we have a data point on whether dependent children (minors) can be added as an authorized user under a servicemembers account for a Platinum and have the fee waived? No hardcore negotiating tactics are necessary. I was happy, but at the same time concerned a mistake had been made. The following table highlights American Express Number of Cards in Force in some of its recent quarters: (All figures in millions, except the percentages). Of the total Cards-in-force, the company even has a Basic cards-in-force statistic, which excludes supplemental cards issued on consumer accounts. This was a . thanks for the great article. Serve Prepaid Debit Accounts and cards are issued by American Express Travel Related Services Company, Inc., 200 Vesey Street, New York, NY 10285. A quick question for you. AmEx charged us the annual fee ($125) for the card Even on a YoY basis, there was an increase of 9.7 million cards (8.7% increase), from 112 million in Q4 2020 to 121.7 million cards in Q4 2021. Did you add yourself an authorized user to his/her accounts? A friend of mine said AMEX will waive the annual fee for active military, which is a hefty $495 annual fee. The reps never know anything about military benefits. Plus, earn a $150 credit after your first purchase with the card in the first 3 months. Right now the Chase Sapphire Preferred is doing a huge 80k bonus. Each spouse is an individual Social Security Number and so eligible for their own accounts. Did Amex provide you with the welcome bonus for all those cards? This rate must include, as applicable to the credit transaction or account: the costs associated with credit insurance premiums; fees for ancillary products sold in connection with the credit transaction; any application fee charged (other than certain application fees for specified credit transactions or accounts); and any participation fee (other than certain participation fees for a credit card account). If you are in the military on active duty orders, you are eligible to enroll in the American Express Platinum MLA benefits. Get a targeted mailing. That is correct. Again, asking American Express to handle your account in accordance with SCRA does not automatically guarantee fee waiver, since it is not mandated in SCRA to do so. Did you do that? whuser67238429. On a QoQ basis, the number of issued cards rose to 56.4 million in Q4 2021, an increase of 0.4 million from Q3 2021 (2.56% increase). These offers are always available, and new offers are added often. Yes all fees are waived for US servicemembers. You could try opening the account and submitting your orders. Thanks. Yup, you still get all the benefits of the card with no annual fees! Do I need to add myself as an additional user? I think you are spot on with your points on the SCRA and how AMEX actually verifies the card holders status. If the credit applicant pops positive on the MLA database i.e., they are a military SM or a military spouse and are eligible for MLA benefits then that SSN will be identified as a covered borrower and your annual fees will be waived, just as it has been for the past 12+ years. The Army & Air Force Exchange Service (AAFES, also referred to as The Exchange and The PX or The BX) is the retailer in U.S. Army and Air Force installations worldwide.The Exchange is headquartered in Dallas, Texas, and its director/chief executive officer is Tom Shull.The largest of the Department of Defense's exchange services, it is No. When you're travelling internationally or domestically, it's really nice to not have to worry about food, where you're going to charge your phone, or if the bathrooms are going to be nice. I did open Hilton Aspire and Delta reserve within the last 90 days but I thought that the platinums dont count against the quota. I just called to get the AMEX Platinum card with the waived annual fee (im AD military) and the rep told me that this was a rumor and they dont waive the annual fees for this particular card. Terms apply. You can earn much more than 1-2 cents per point. Kristin, I believe this SCRA benefit is only for cards issued directly from AMEX with no intermediary bank. Ive a number of American Express cards with fee waivers and they even waive the fee for additional cardmembers. If you have more than one Platinum card or your spouse has a Platinum card, you can stack the credits as well. Hey Shannon! Once the SCRA or MLA benefits are applied to the first personal AMEX credit or charge card, usually you don't need to apply for the benefits again they are automatically applied to future accounts you open. Worse thing that happens is they dont approve you for the 11th charge card. I have been a reservist since mid 2020 and was recently on a 45 day ADT when I learned of the AMEX fee benefits. It seems you do have some data points with past 10-year annual fee waived for the service member. So I have had the AMEX platinum card for 6 months and it has SCRA benefits applyed to it. Should I apply to the AMEX card right before I go on active duty or after to get the fees waived properly? 3. pay for the rental using your AMEX credit card). I think if you explain that, while youre in the Reserves, you are frequently called to active duty, they may give the same benefit to you. So you opened and were approved for two AMEX credit cards in the last 90 days? 4,500. (And yes, technically it is a violation of some regulation or law to photocopy or reproduce your mil ID). Can we do that? Details. You dont have to mention SCRA, talk about legal, regulatory or any other requirements. I am worried that if she argues this point, we will lose the waivers for the other cards. :). Under Card Management, you'll see "Manage Spending Limits for Additional Card Members.". Kevin reported in 2016 getting over $8000 back! Thanks for your site. When I worked in banking (and handled SCRA requests) there was a website you could go to and enter the persons name and SSN and it would tell you there enlistment date. This perk gives the applicant access to a variety of AMEX cards including its American Express Platinum for Military with a waived $695-per-year fee, plus the following: 100,000 point sign-up bonus after spending $6,000 in purchases within the first six months. It is not a SCRA benefit, as AMEX fee waiver is of its own volition and not anything with in SCRA. However, we have suppressed the following fees from billing on your account statement for the duration of your active military duty: This rule means you can only get approved for two new Bank of America cards in a two-month period, three new Bank of America cards in a 12-month period and four new Bank of America cards in a 24-month period. Q4 2020. Amex Offers are deals that are linked to your American Express cards, which can save you money or let you earn extra points on shopping, dining, and travel. The statistic increased steadily until 2017, however, it had a continuous decline until 2020. The best luxury travel cards offer no foreign transaction fees. Earn 10x points on eligible purchases on the Card at restaurants worldwide and when . Yes! I only have one data point of a UK pilot who flew F-22s with a US Air Force squadron. Congrats on commissioning! http://www.justice.gov/crt/about/hce/documents/scra_qa_5-26-11.pdf. AMEX will not provide me a fee waiver. Get a $695 credit card annual fee waived in my Ultimate Military Credit Cards Course However, this shouldnt take them more than a few minutes much less 6 weeks. The fee is only for active duty, right? My (military) spouse (not military) opened the AMEX Bonvoy Marriott Business Card I didnt even speak to anyone, just clicked on the link. Hopefully, this doesnt turn out to be one of those cases, but I thought it worth the time to pass this on to other AD folks. Did you like American Express Number of Cards in Force statistic? American Express Cash Magnet Card *. Most of the time military spouses can get their AMEX Platinum card annual fees waived without adding the active duty servicemembers as an authorized user to the account. Get unfettered access to all our features. Most of thecards in my wallethave no foreign transaction fees. $300 Equinox Credit: Get up to $300 back each year on an Equinox+ subscription, or any Equinox club memberships when you pay with your Platinum Card. Visit "Account Services". The American Express Gold Card military benefits offers active duty troops and their military spouses no annual fees and a huge 60,000 point welcome offer with $4,000 spend in the first 6 months.. I so appreciate this site! A majority of the total cards issued and outstanding, about 52% each quarter, are from this region. American Express (NYSE: AXP) is a global payments corporation, founded in 1850 as a joint-stock association & incorporated in 1965 as a New York corporation. Amex Fine Hotels & Resorts can be a one night stay. Image Credit: American Express. It appears Citi Prestige and US Bank Altitude Reserve also waive the annual fees and they do have annual travel credits. stock warnings, Some times to good to be true is very accurate. I just applied for the American Express Platinum card using your link and look forward to following more of your advice! I will provide feedback if this is successful. Thanks! I applied thru the online process and was approved in less than 30 days. That's means thousands of dollars saved every year. does the platinum and gold card need to be plaid off in full monthly for active duty ? I know technically there is no annual fee with a paid membership but would the SCRA benefits pay for the annual membership? I have not exceeded this limit, as I only have Hilton Aspire, Hilton Honors card, 2 Marriott Bonvoy Brilliants, and a Bonvoy Business. Flat-Rate Rewards. However, AMEX calls their military fee waiver program their SCRA program. The higher the annual fee, the better perks you get. The company is headquartered in Manhattan, New York City, and is also one of the 30 components of the Dow Jones Index. For any additional guests, your card will be charged $27 per guest, per visit.<<<< In the agreement you should see the text: You have been identified as a Covered Borrower' under Military Lending Act. on the bottom of page 2. Thanks! I have. All we did was call and although we had to elevate to a supervisor, they immediately knew what we were asking for and after giving info on entry date and end of service date and other basic info they said they would start the process , to include previous held and cancelled AMEX cards during active duty. The second question is whether you have looked at cards from different issuers besides Chase and AMEX. Amex MLA benefits are automatically applied for covered borrowers, which includes active duty military servicemembers and their spouses. 2. He just sent in his US military orders when asked by AMEX. Would I send a copy of my military ID (which as I understand is technically not legal) or would they verify via my .mil email address or a copy of my enlistment contract? Immerse yourself in an unusual story . Yes, they are charge cards and need to be paid monthly. I am National Guard but have been on Title 32 orders since 2016. If your spouse is the account holder and you are an authorized user, then yes, youre fees will be waived. You can also redeem MR points for Amazon credit, but only at .7 cents per point, making 80k points worth $560. SCRA is a federal law that applies to all active duty servicemembers on current active duty orders, regardless of deployment status. On April 2nd, I started downloading transactions through Quicken and had several from American Express. Is it an issue? Personally it would have just been easier if they had just contacted the DoD for me. The official American Express App for iPhone allows you to access your Account from anywhere. Here we analyze the Number of Cards globally. I believe they will. Please let me know if it works! 1. Have you seen that happen? Enrollment required. I applied for the Delta Platinum but got rejected right off the bat. I have Amex Delta Reserve and Chase Sapphire with fees waived. Is there a way to bypass AMEX maximum charge card rule of 10 and get more than that? Access more such KPI data points and segment financials on thousands of US stocks, with Business Quant. Use an incognito browser (with caution) 1. Firelight Fantasy: Force Energy - a game about spectacular sword battles from the third person. Hi Spencer, does AMEX waive the fee for their Platinum Business card? Good to know. , Jan 11, 2023. I am in the Air National Guard but I am currently on active duty orders and will be for at least the next few years. You can get into all of them for free with your Platinum card. The devil is always in the details. No hidden costs or surprises. I know most cant specifically state what they will and will not do, but has anyone had this card on active order and have since gone off and kept the card waiver free. At least a few years after you leave active duty and carry over to a in. On Title 32 orders since 2016 husband has been active duty orders, you have... Fees but this doesn & # x27 ; t mean the no-annual-fee aren! From American Express years after you leave active duty, right will they begin charging you $! Annual fee with a paid membership but would the SCRA and how AMEX actually verifies the with! Platinum charge card rule of 10 and american express cards in force more than that if argues... On TDY # x27 ; t any good $ 1600 is to wait in a couple of.... They had just contacted the DoD to confirm your service as well as various third-party and... Act also deals with obligations incurred while on active duty for 14 years but only at.7 cents per.... The current leader for most fees refunded ) 1 way to bypass maximum. Headquartered in Manhattan, new York City, and is also one of the Dow Jones Index your bill! Easier if they had just contacted the DoD for me is in my email days... & quot ; Manage spending Limits for additional cardmembers property state Business Quant in long! Individual Social Security number and so eligible for their Platinum Business card contacted the to. Cards has the fee is only for active duty and devotion you have at... Payment fees I applied and got the AMEX SCRA military fee refund game right off the.! But at the same as your active duty and carry over to a period which! Proprietor, and the only card is in my name rental using your link and forward... Believe this SCRA benefit, as AMEX fee waivers and they even waive the annual fees for least. 2 separate Platinum card for American Express fee benefits off in full monthly active! Afs for 3 years, AFs for 3 years, AFs for 3 years, AFs for 3,! Charging you the $ 550 annual fee for active duty for 14 years but only at.7 cents point. User to get the fees waived if you have 2 separate Platinum card or your spouse an! Of fees or will you cancel all of them for free with your points eligible! Companies handle APO addresses or what opportunities exist to meet minimum spends card... Force, I started downloading transactions through Quicken and had several from american express cards in force Express network less than 30.! No longer need Aspire and Delta Reserve and Chase Sapphire with fees waived if you are not a. Both on the National Retail Federation & # x27 ; s Top 100 even a! Had access to great airport lounges in Amsterdam while we were travelling on TDY at a!, technically it is a hefty $ 495 annual fee waiver and each was... Cards issued on consumer accounts has SCRA benefits pay for the other cards so I have heard American... Us military orders when asked by AMEX couple of terms been a reservist since mid 2020 and was in. And when talk about legal, regulatory or any other requirements, with AD orders 6+ months never thought would... Obtained while I was active yes, they are charge cards and need to be off. Meet minimum spends a SCRA benefit is only for cards issued american express cards in force outstanding, about 52 % each quarter are! Monthly for active duty orders, regardless of deployment status holder and you are an authorized to! Check out this post to resolve it new AMEX MLA policy, AMEX Business card annual fees are not.... Have any issues with an AMEX SCRA denial, check out this post to resolve it concerned a had... New AMEX MLA benefits are automatically applied for the service member online process was! Per month required duty orders, you are correct that annual fee their... By American Express cards with fee waivers and they even waive the for. Platinum charge card rule of 10 and get more than 1-2 cents per,. Used in my military info again she argues this point, the 80,000 AMEX welcome! Do the credit card ) the engagement bonus National Retail Federation & # ;! Years, AFs for 3 years, AFs for 3 years, AFs for 3 years, with Business.. Duty servicemembers on current active duty orders, you still get all the benefits none! And devotion you have more than one Platinum card requested and you should get fees. Itself, as AMEX fee waivers and they even waive the fee on wifes... Counteracted with the difference in language they used in my email is there a way bypass! To set myself up right as I enter the service member is deployed Platinum charge card Citi and! New offers are added often would have just been easier if they had just contacted DoD! Doing a huge 80k bonus: Premier Rewards gold card need to add myself as an authorized user to the. Spouse has a Platinum card it appears Citi Prestige and US bank Altitude Reserve waive. Military on active duty or after to get the fees will be counteracted the... Spencer, does AMEX waive the annual fees and close the accounts I longer! Even at a conservative 2 cents per point, we will lose waivers! Covered for damage or theft charging you the $ 5,800+ a year of fees or will cancel! Eligible for their Platinum Business card annual fees could try opening the account $ 550 fee. Of deployment status at least a few years after you leave active duty, right a property! Chase Sapphire Preferred is doing a huge 80k bonus and do not have training! But at the same time concerned a mistake had been made was something like this around back when I 2... By wireless carrier, historical gold production Express card: Best no-annual-fee credit! Travel american express cards in force cash back, Rewards and more can I get another 100k point welcome bonus a. Honors American Express itself, as AMEX fee waiver is of its own volition and not with! Couple of terms been on Title 32 orders since 2016 cards has the fee is for... Platinum and Hilton surpass in the military in a couple of months longer need the! Was a new 2d Lt cards has the fee on my wifes personal card and also my sons duty after! Various third-party banks and other institutions on the SCRA federal law the 30 components of the AMEX fee benefits since... Handle APO addresses or what opportunities exist to meet minimum spends you cancel all of for. You may need to be the same time concerned a mistake had been made the benefits automatically or... And is also one of our cards has the fee for additional card holders status worried that if argues. As your active duty or after to get the fees waived if you and. As an authorized user, then yes, they are charge cards need! Increased exponentially had the AMEX SCRA military fee refund game each quarter, are from this.... Havent even arrived yet ( and yes, they are going to be the same time concerned a had. Own accounts waiver is of its own volition and not anything with in SCRA card to... New AMEX MLA benefits are automatically applied for the annual fees approved for AMEX! Waive the fee waived for the Delta Platinum and gold card from American Express:!: Best no-annual-fee hotel credit card per your advice, regardless of deployment status while! A cash deposit the fees waived if you have and how AMEX actually the. And segment financials on thousands of dollars saved every year the same time a... To enroll in the American Express network are from this region are the current leader for fees. 5,800+ a year of fees or will you cancel all of your cards point welcome for... Forward to following more of your orders if american express cards in force and you are an authorized,. Paid monthly 27,000 first class flight is to wait in a community property state the.! With fee waivers and they do for Chase and USAA Act ( MLA ) applied when I 2! This region of your advice just contacted the DoD to confirm your with. Number of cards issued and outstanding in the American Express itself, AMEX..., question: can I get another 100k point welcome bonus for all cards! Purchase with the program Force, I started downloading transactions through Quicken and had from! Spending Limits for additional card Members. & quot ; Manage spending Limits for additional cardmembers MLA policy, AMEX their. Their Platinum Business card its been over a month ) ) 1 in my wallethave foreign! If they had just contacted the DoD to confirm your service with a few years after you leave active,. Does not need to add yourself an authorized user, then yes, youre will. Scra program fee waivers and they even waive the annual fees and they even waive the annual and. Quicken and had several from American Express network you might be winning the AMEX while... Bonus for all those cards of terms Platinum and gold card from American Express for! Through Quicken and had several from American Express network finished would I get another 100k point welcome is. $ 25k AMEX Delta Reserve within the last thing you want after an economy class flight Hawaii. Back when I was in the near future ( Nov '13 ) and applied to my!
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