American Express has a wonderful benefit: They waive the annual fee on every single one of their credit cards for all active duty military personnel and their spouses! While this is true for every Amex card, it is an especially valuable perk on the exclusive The Platinum Card® from American Express.
And having your spouse get the Blue Cash Preferred® Card from American Express adds even more perks and savings. It is very easy to take advantage of this benefit, which we detail below.
In 2003, the US Congress passed the Servicemembers Civil Relief Act (SCRA), which Military.com describes: “The SCRA provides a wide range of protections for individuals entering, called to active duty in the military, or deployed servicemembers. It is intended to postpone or suspend certain civil obligations to enable service members to devote full attention to duty and relieve stress on the family members of those deployed servicemembers.”
Many of these protections are aimed at credit card interest rates and fees, and as part of the response, American Express also took the additional (and impressive) step of eliminating all annual fees on their credit cards for active duty military members.
I would highly suggest that military members use this incredible perk to open some top-tier credit cards that might otherwise be out of reach because of high annual fees, namely The Platinum Card® from American Express. And it’s always good to have a complementary card for regular spending, which is where the Blue Cash Preferred® Card from American Express might come into play for those with spouses.
Platinum Card Benefits
Normally, The Platinum Card® from American Express is truly an exclusive card because it has a $450 annual fee that is (for everyone else) not waived. However, this is an opportunity for military members to have the most exclusive card around for $0 in annual fees. There are many benefits, but some of our favorites include:
- The Membership Rewards points you earn transfer to a number of partners including Delta, Jetblue and our personal favorite British Airways (see our article on maximizing British Airways Avios).
- $200 each calendar year completely free airport reimbursement for items including baggage fees, change fees, in-flight food and drinks, airport lounge passes, and seat assignment fees.
- Fee credit (every five years) for Global Entry or TSA Pre✓™ which help you speed through security.
- Free access to over 1,000 airport lounges! Including The Centurion® lounge network, the International American Express lounges, Delta Sky Clubs® as well as Priority Pass™ Select lounges.
- Starwood and Hilton Gold Status automatically
- You also earn 5x points for all flights booked directly with airlines or through American Express Travel
This card also offers a 40,000 Membership Rewards point bonus when you spend $3,000 in the first 3 months your account is open.
Blue Cash Preferred Benefits
I highly recommend taking advantage of the Platinum card first, but if you have a spouse it’s a good idea to add the Blue Cash Preferred® Card from American Express to your portfolio. Its grocery rewards are unmatched, and you’ll get to bypass the $95 annual fee. Here are some benefits:
- Earn $150 back after you spend $1,000 in the first three months.
- Six percent cash back at US grocery stores (up to $6,000). Many reports online show that commissaries are reported as “grocery stores” and thus receive 6% cash back. Pro tip: not only can you use this on groceries, but since most stores sell gift cards these days it’s a good card to buy gift cards for additional savings at other stores or restaurants.
- Three percent back at US gas stations.
- Earn three percent back at most major department stores
- Limited time offer (Apply by 5/3/2017): Earn 10 percent back at restaurants in the first six months (up to $200 cash back)
This is a great card for your everyday grocery and gas spending, which tends to be a big portion of a monthly budget. You’re getting a great deal on this card without an annual fee.
Getting the Fees Waived
In order to have American Express apply your active duty military eligibility to waive the annual fees you need to call them (the number on the back of your card or 1-800-253-1720) and inform them you are serving on active duty and you’d like to request that they designate your account in accordance with the SCRA.
It is conceivable that the phone representative will not have heard of this program, in which case you should ask to speak to a supervisor. You will have to answer a handful of questions about your personal military situation and once American Express verifies this information (many report 4-8 weeks as the normal processing time) you will receive a ‘secure message’ on your account login stating you’ve been approved and all your fees will be waived.
Firsthand Experience with this Amex Benefit
My friend Derek is an active duty Army major and he opened The Platinum Card® from American Express and I wanted to report his firsthand experience getting the fees waived. He initially called right after he received the card, and they told him he needed to wait until the $450 charge posted to his account before they could initiate the process.
When the annual fee did hit his account, he called and the initial American Express representative he spoke with knew exactly what he was referring to, and she asked him some very basic questions (officer or enlisted? year of commission or enlisted?); the entire call took less than 5 minutes. They told him it would take 45-60 days to process (they have to verify with their DoD database) and the $450 would credit to his account. He did have to pay the $450 out of pocket and was reimbursed for it within 2 months, so the net cost was $0 for this and all future years.
Update 2: Another Army officer I’m working with opened this card and this was his experience: “Amex handled my request within 2 days. Never even charged me outright- worked seamlessly.”