Take advantage of exclusive military savings opportunities to maximize your savings goals.
Magnify Savings During Deployment
Service members can take advantage of the military’s Savings Deposit Program, or SDP, offered by the Department of Defense. To qualify, a Service member must be:
- Serving in a combat zone and have already spent 30 consecutive days in theater OR
- Serving in a combat zone and have spent at least one day a month in theater for three consecutive months OR
- Receiving hostile fire / imminent danger pay as they serve in a Qualified Hazardous Duty Area OR
- Receiving hostile fire / imminent danger pay as they serve in a direct support area of a combat zone
Service members can deposit funds in the program to earn an annual return of 10%, compounded quarterly, up to $10,000 in savings. Interest will continue to accrue for up to 90 days after return from deployment.