2008-06-10 22:05:33 -
- Chase Christine Holevas, (312) 732-6206 christine.holevas@chase.com Chase today announced one of the banking industry's widest ranging package of rewards to encourage checking account customers to expand their relationship with one of America's most convenient banks.
Chase Exclusives is a comprehensive program that provides all Chase checking accounts holders better rates, more rewards and bigger discounts on
nearly all other products offered through the branch.
"Our checking customers are the foundation of our business," said Michael Cleary, head of product development and marketing for Chase's Consumer Bank. "So, we created Chase Exclusives to deepen our relationship by delivering benefits that are real, quantifiable and immediate. A customer could be ahead by $2,000 or more over time simply by using Chase for basic financial needs such as a mortgage, home equity line, and certificates of deposit."
Consumers can take advantage of these offers through Chase's convenient network of more than 3,100 branches. In the last two years, Chase has added nearly 3,500 personal bankers and specialists - mortgage officers, business bankers and investment representatives - to its branches to help customers manage their money and achieve their dreams.
Starting this month, Chase checking customers are rewarded through:
-- A discount of 0.125 or 0.25 percent on the interest rate of a mortgage:
-- A discount of 0.25 or 0.50 percent on the interest rate of a home equity loan or line of credit:
-- A free rewards program on a Chase debit card:
-- A discount of 0.25 or 0.50 percent on the interest rate of an auto loan:
-- A discount of 0.25 percent on the interest rate of a personal loan:
-- Higher interest rates on certificates of deposits:
-- The waiver of an IRA annual fee:
-- Free review of an investment portfolio:
-- Triple rewards for purchases in five everyday spending categories (an increase of two) with the Chase Freedom credit card
"What matters to our customers is getting a good value on the right product for their needs and recognition for the business they do with us," said Bill Wallace, a Chase Card Services executive. "The Chase Freedom credit card and Chase Exclusives provide our customers with top-of-the-line products and services."
About Chase
Chase is the U.S. consumer and commercial banking brand of JPMorgan Chase & Co. (NYSE:JPM). Chase has more than 154 million credit cards issued and serves consumers and small businesses through nearly 3,100 bank branches, 9,100 ATMs and 280 mortgage offices as well as through relationships with 15,000 auto dealerships and 4,300 schools and universities. It also serves more than 30,000 commercial banking clients, including corporations, municipalities, financial institutions and not-for-profit entities. More information about Chase is available at www.chase.com. -0- Chase Exclusives Fact Sheet Chase Checking Chase Premier Platinum (non Premier Platinum Checking accounts) Mortgage -- 0.125% off -- 0.25% off Home Equity -- Loan -- 0.25% off -- Line of Credit -- 0.25% off -- 0.50% off & No annual fee Auto Loan -- 0.25% off -- 0.50% off Personal Loan -- 0.25% off -- 0.25% off Certificate of -- Higher interest rates -- Higher interest rates Deposit Chase Debit Card -- Free debit rewards -- Free debit rewards Investments -- Complimentary -- Complimentary portfolio review & IRA portfolio review & IRA annual fee waived annual fee waived Business Checking -- No fee Chase Freedom Credit -- No introductory APR -- No introductory APR Card -- 3% cash back or 3 -- 3% cash back or 3 points per $1 (up to points per $1 (up to $600) in top 5 $600) in top 6 categories categories -- No reward expiration -- No reward expiration -- No annual fee -- No cap -- $10 minimum reward -- No annual fee (if redemption maintain account levels)
Chase Exclusives gives checking customers better rates, more
rewards, bigger discounts