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Chase Launching First MasterCard Branded Credit Card For Consumers In 5 Years

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Chase is a leading financial service provider company. The Headquarter of this company is in New York City. There is a 10 years merchant service agreement between Chase and Visa. This agreement has given the Chase merchants endless advantages in their businesses. However, this arrangement was not an exclusive one.

There were several negotiations. After several months of negotiations, the leading financial service provider company, Chase is coming up with MasterCard branded credit cards for the consumers. Considering the present situation where people are suffering from a pandemic situation, this card will be a blessing in disguise.

The company announced that this card is coming up with some alluring loyalty programs. Consumers will really get several benefits from this card amid this pandemic situation.

The Freedom Flex World Elite MasterCard is one of the best longstanding Freedom Loyalty brands. Chase also has and existing Visa card. This comes under the Chase Freedom Visa Credit Card Program. Both these cards offer cashback deals and many more. Moreover, customers will get cashback on spending money on Lyft and DoorDash brands. But, both these cards have different network versions.

After the arrival of this deadly virus, many people across the globe are facing financial difficulties. There are many Americans who have already become jobless amid such a critical situation. Businesses are closed and so, merchants are also making the online shift. As a result, the number of credit card transactions is on another level. People are preferring more importance to online credit card transactions instead of debit card transactions.

Well, credit card issuing companies also monitored the present situation, and therefore, there are many companies that are reducing the credit card limits. The cardholders also raised their voice on social media for this. But, the credit card issuers are compelled to do this.

However, amid such a critical situation, Chase has come up with some attractive cashback offers for Chase Flexi cardholders. This is the high time to apply for MasterCard branded Chase credit cards. The consumers can apply for this card from 15th September. The new card will give the customers 5% cashback on travel and 3% cashback on dining. It comes under Chase Ultimate Reward Program.

The cardholders will also get benefits from the Ship Runner that is a renowned online shipment service. As of now, Chase is giving $200 cashback offers to the new users. Well, the consumers will have to spend $500 for availing of this sign-up bonus.

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