Chase Card Services, a division of JPMorgan Chase & Co., introduces a new statement credit feature to the popular Chase Freedom(SM) credit card. The feature lets customers put anything they want on their Chase Freedom credit card and apply their reward points to their next statement so they can spend rewards like cash.
“Chase recognizes customers want to shop using their rewards like currency and the statement credit delivers just that,” saiys Joe Venuti, general manager of Chase Card Services. “Chase Freedom has a reputation as an innovative product that gives customers unprecedented choice, flexibility and control.”
With Chase Freedom, customers earn 3% or three points per $1 on the top three of 15 Everyday spend categories and 1% on all other purchases. Reward redemptions start at $50 for cash or 200 points for the statement credit.
In addition to shopping with reward points and applying the statement credit for merchandise, gift cards or travel, Chase is also offering Chase Freedom customers the option of contributing to the World Wildlife Foundation or the ASPCA (American Society for the Prevention of Cruelty of Animals). Consumers will be able to redeem reward points to make a contribution over the phone or online, the same way they redeem points for other items.