Chase Introduces New Website, Tools to Help Customers Save, Budget & Invest
Digital features make it easier to save money on the go
NEW YORK, NY Jan 07, 2019 Chase today announced new and enhanced features that will give customers greater control of their money, from saving to investing to keeping their credit in check.
The bank today introduced a new website for consumers, Chase.com/savingit, that offers tips, guides and personal stories on everyday money matters – like saving for a home, the best time to buy a car and ways to earn quick cash.
In addition to the new site, consumers have access to tools that make spending and saving money easier on the go. These features, also available through the Chase mobile app, can help consumers:
- Build a Budget: Through the bank’s new Budget Builder tool, users can create a budget in real-time based on their monthly income and expenses. And you don’t have to be a Chase customer to use it.
- Automatically Save: To make saving simpler, the bank is rolling out a new Autosave feature that lets customers set up repeat transfers from their checking into their savings account, whether it’s $10 a week or $10 a month. Set it and forget it.
- Save While Spending: With Chase Offers, debit and credit card customers can now find deals and earn statement credits at hundreds of retailers, restaurants and merchants with thousands of locations across the country.
- Invest for the Future: Customers can save for the long-term through You Invest by J.P.Morgan, an easy, smart, low-cost way to invest online. Through its Portfolio Builder tool, customers can develop a personal strategy, build a portfolio with various investments and easily place trades in just a few steps.
- Track & Monitor Credit: Through Chase Credit Journey, consumers can check their credit score for free, and view their full credit report online, along with automatic alerts and score simulator that shows how certain action (positive or negative) can impact their score.
“Financial health is so important for customers who want to make the most of their lives, and we have a role to play here,” said Thasunda Brown Duckett, CEO of Chase Consumer Banking. “That means creating tools that help build savings habits and making it easier to grow their money wherever they go.”
In addition to helping its customers save, the bank continues to invest in the financial health of the communities it serves. Later this month, the firm – in collaboration with the Center for Financial Services Innovation (CFSI) – will announce the fifth round of Financial Solutions Lab winners, focused on improving financial health in the workplace for underserved workers. The $30 million initiative tests and expands access to promising innovations that help people in America increase savings, improve credit, and build assets.
The Lab winners and new digital features are unveiled as part of Chase’s National Savings Month, a month dedicated to education and action around financial health. To learn more, please visit www.chase.com/savingit.
Elizabeth Seymour, Elizabeth.C.Seymour@jpmorgan.com