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United And Chase Agreement

6:00 13.10.2021 Napsal: petr.stibor

„The Company currently estimates that the new business terms, expected portfolio growth and stake in Chase Ultimate Rewards will increase the annual cash contribution to the company by approximately $400 million in 2020, based on the combined effects of the agreement and the amendment to the agreement with Visa.“ The expanded agreement builds on one of the world`s most powerful co-brand card wallets with premium customers in premium markets. The card wallet includes the new United Business Card, United Explorer Card, United Club Card, United Club Business Card and United TravelBank Card. Customers who travel with legitimate MileagePlus credit cards have access to benefits that make traveling on United`s leading network better than ever, including perks such as free hold luggage, priority boarding, and elevated miles for daily expenses. Chase is the U.S. private and commercial banking business of JPMorgan Chase & Co. (NYSE: JPM), a leading global financial services company with $2.7 trillion in assets and global operations. Chase serves nearly half of U.S. households with a wide range of financial services, including personal banking, credit cards, mortgages, auto finance, investment advisory, small business loans, and payment settlement. Customers can choose how and where they want to bank: more than 4,900 branches in 38 states and the District of Columbia, 16,000 ATMs, mobile, online and by phone. For more information, see

United Airlines has extended its credit card agreement with JP Morgan Chase and Visa until 2029. Statements from Chase and United executives outlined the benefits of extending the agreement to consumers, including indications of future changes. Ed Olebe, president of Chase Cobranded Cards, mentioned „exciting new offerings and experiences that our customers can look forward to in 2020 and beyond,“ though it remains to be seen what exactly they will be and when they will go to market. Most airlines have partnerships with credit card issuers that allow customers to collect frequent flyer points or miles from credit card purchases. Banks buy miles or points from airlines to give to their customers by card. Earlier this year, United and Chase launched a new business card and celebrated for the first time the highest bonuses ever for all United co-branding cards. In 2018, United and Chase launched the award-winning United Explorer card, with even more first-class benefits, including credit of up to 100 $US global entry or TSA Pre-check and 2X Earn money during hotel stays and restaurant purchases. The deal, which runs through 2029, builds on one of the industry`s most powerful co-branding card portfolios, with seven consecutive quarters of double-digit growth per year and a long history of providing additional benefits to cardholders that reward people who travel on United`s expansionist global network. Looking for your card agreement? You can request a copy of your specific card contract via email by logging into your account.