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Tuesday, March 16, 2010

JP Morgan Chase Bank - Review

In the year 2000, JP Morgan merged with Chase Manhattan Corp. Merger of four of the largest and oldest money centre banking institutions in New York City resulted in the formation of JP Morgan Chase & Co.

JP Morgan & Chase Bank business line includes services like investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management and private equity.
It has assets more than $2 trillion and it is operating in more than 60 countries and has employee strength of more than 200,000.

To contact JP Morgan chase customer centre one can call at 1-800-432-3117 or can visit website that is www.jpmorgan.com .

The JP Morgan Chase Bank also provides credit card services to meet the financial needs of the customers.

Chase Sapphire with Ultimate Rewards : This Chase Credit Card charges an annual percentage rate (APR) on purchases is12.24 % variable and the annual interest rate charged on cash advances is 19.24% typically variable and a grace period is also provided that is of 20 days to a card holder so that he can repay his balances of purchases and interest is not charged for this time period. There is no annual fee charged for this Chase reward credit card. One will also earn one point for every dollar one spends on the card. One will also earn up to 10 bonus points per dollar when shopping online at select merchants through the Ultimate Rewards Mall. One would also receive 10,000 bonus points after one’s first purchase is done with this Chase Card. There are numerous benefits and features associated with the card offered to the consumers to benefit from.

Chase Freedom Credit Card : The annual interest rate applicable for this Chase Card is 0 % for the first 12 billing cycles following the opening or r 6 billing cycles from account opening for purchases depending upon the credit worthiness of the cardholder. Then after the standard annual interest rate would be applicable varies between 13.24 % -18.24 % variables. The annual interest rate applicable also varies between 19.24 % or 23.24 %. One would also be granted at least 20 days of grace period so as to make the payment of the balances of purchases. One can earn full 1% cash back on every purchase, everywhere and every day. One would earn 3% cash back in rotating categories like gas, home improvement and department stores. And would also earn 20 5 cash back when one shop online at select merchants featured at the Ultimate Rewards Mall. One would also get$ 50 cash back after the first purchase done with this Chase Rewards Credit Card.


The other credit cards put forward by the bank are
1)Chase Slate with Blue Print
2)Chase Business Ink with Unlimited Cash Back Card

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