Bank of America SCRA Benefits
Credit Cards, Mortgages, Auto Loans, Banking
Overview
Bank of America is one of the largest banks in America and provides SCRA benefits across all their consumer products. They have a dedicated military banking team to assist servicemembers with benefits requests.
Military Banking
P.O. Box 25118
Tampa, FL 33622-5118
Eligible Products
Bank of America offers SCRA benefits on the following products when the account was opened before your active duty service began:
- Credit Cards: All Bank of America consumer credit cards
- Mortgages: Home loans and refinances
- Auto Loans: Vehicle financing through Bank of America
- Personal Loans: Unsecured personal loans
- Home Equity: HELOCs and home equity loans
How to File Your Claim
-
1
Gather Documents
Collect your military orders and Bank of America account numbers.
-
2
Contact Military Banking
Call 1-800-732-9194 to speak with the military support team.
-
3
Submit Request
Fax or mail your military orders with a written request for SCRA benefits.
-
4
Follow Up
Processing takes 30-45 days. Follow up if you don't receive confirmation.
Required Documents
Processing Time
Bank of America typically processes SCRA requests within 30-45 days. You'll receive written confirmation once approved.
Retroactive refunds: If approved, Bank of America will calculate all excess interest paid since your service start date and issue a refund, typically as a statement credit or check.
Tips for Success
- Call first to get specific fax numbers for your account types
- Include all account numbers in a single request
- Ask specifically about retroactive refunds
Get the 6% Rate Cap — We File for You
We handle the paperwork, calls, and follow-ups. One $59 filing covers Bank of America and all your other lenders.