Troops Get Extra Time to Pay Off Government Travel Credit Cards
Military personnel going through a permanent change of station (PCS) may get a break on the monthly payment on their government travel credit cards. A new rule from the Department of Defense has created a special PCS status that saves military members from paying back on the card while they are transitioning to a new station.
The new setup will put a soldier’s account in a “permanent change of station/mission critical” status for up to 120 days. The cardholder then has 60 days after the card is pulled out of PCS status to start paying back the balance. This allots enough time for the government to reimburse troops for certain transactions made on the card which they would otherwise have to pay for out of pocket.
“Service members will not have to worry about settling their account while they are in the middle of a PCS move awaiting reimbursement,” said Lt. Cmdr. Nate Christensen, a Department of Defense spokesman.
Transactions eligible for reimbursement are those associated with moving expenses, such as airfare, lodging, and meals. Clothing, traffic fines, pet care, and other transactions are not eligible. Military personnel must pay for those items out of pocket to remain in good standing with their credit card company.
This entry was posted in Credit Card News and tagged credit cards , travel credit cards , government credit cards , Department of Defense , government travel credit cards , military personnel , military reimbursements , Nate Christensen , PCS , PCS status , permanent change of station
The information contained within this article was accurate as of October 28, 2014. For up-to-date
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