Chase Card Services, a division of JPMorgan Chase, has introduced Chase Blueprint, a set of features that are expected to improve the way customers can manage their spending and borrowing. Blueprint helps consumers take charge of their finances with free tools they can use to pay down balances, manage everyday spending and pay off major purchases.
Reportedly, Blueprint is fully integrated into customers’ accounts, enabling them to create customized payment plans and track their progress on every statement, either online or on the phone working with a Chase advisor. Blueprint also enables Chase customers to better manage their expenses – from everyday spending like groceries to major purchases like appliances or home repairs – and adjust their plan at any time without penalty, claims the company.
Blueprint consists of the following four features: Full Pay – Enables customers to decide which expenses they want to pay in full every month; Split – Provides customers a way to better manage larger purchases like home improvement projects or a new appliance; Finish It – Gives customers the flexibility to create a plan to pay down their current balance faster, allowing them to choose a goal date for pay-off; Track It – Provides customers a snapshot of all of their Chase card purchases.
Gordon Smith, CEO of Chase Card Services, said: “Consumers want more control, simplicity and predictability when it comes to their finances. With Blueprint, customers can design their own plan to pay off balances sooner, save money by avoiding interest charges, and then easily track progress toward achieving their financial goals.”