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FINANCIAL OPTION FOR MILITARY SERVICE MEMBERS AND FAMILIES

Posted: 1/21/2011

Highlighting Banking Programs For Military Families

(NAPSI) - There is good news for military service members, veterans and their families that find they struggle with unique financial needs and challenges as they move frequently, live on base or have loved ones who are deployed. A number of military financial services programs are available from Chase to help military families manage their finances, and all are easily accessible on chasemilitary.com, a new site devoted to the financial needs of military families.

Interest & Fee Refunds—One such program offers interest and fee refunds for charges incurred during deployment through the Blue Star program-a benefit offered on Chase’s military credit cards. In addition, family members can continue to use their military credit card while their loved one is deployed, and all interest and fees incurred during deployment will be refunded upon the cardmember’s return.

Scholarships for Dependents—Dedicated to providing more than just financial products and services, Chase helps promote higher education by providing funding for Air Force Club college scholarships. To date, it has donated more than $100,000 in grants under this program.

Special Mortgage Services—Mortgages designed especially for service members are also available through Chase. First-time homebuyers can tap into Community Empower programs that prepare service families for first-time home ownership. And with personal service all the way, service members are guided through the mortgage or refinancing process by a consultant who specializes in the unique needs of military families.

Earn Extra Rewards for On—Base Purchases-Credit cardmembers will receive extra rewards for spending on base at military installations, where many families do the bulk of their shopping. Up to two points are earned for every dollar spent at commissaries, exchanges and MWR (morale, welfare and recreation) services and activities, and one point for purchases made at off-base locations.

Additional Benefits and Programs—Chase also provides continual support of MWR programs and services through its credit card program. Now at over $3.75 million, Chase’s funding of MWR activities helps enrich life on base.

Having been committed to military financial services since 1989, Chase understands, respects and honors the special needs of military families. To learn more about Chase Military Financial Services, visit the website at www.chasemilitary.com.

A number of new banking programs have been created to help service members and their families manage their finances.