Chase Blink Credit Card

Looking for a Credit Card for Christmas Shopping? Before you submit a credit card application, first review the main points which will help you choose the right credit card for your needs.

What Charges You'll Make - If you're going to use the credit card mainly for booking airline reservations and hotels, it might be best for you to get a travel credit card that offers sky miles and hotel points or cashback. If this will be an emergency credit card only, then your main concern may be for a low interest rate credit card with low fees.

When You'll Repay Charges - Will you pay off credit card charges in full every month, or will you carry a balance month to month? If you're going to carry a balance, you want the lowest possible interest rate as well as a low introductory rate. But if you'll payoff balances in full every month, then interest rate really doesn't matter so no annual fee and/or a long grace period would be a bigger concern. If you're going to carry a balance, be concerned about how the finance charge is calculated. The most common method is the Average Daily Balance, which means that the daily balances are added together and then divided by the number of days in the billing cycle. Stay away from credit cards that compute the balance using two billing cycles, as this method costs more money in financing fees.

What Amount You'll Charge - If you're going to use the credit card for all your monthly expenses, then you need a card that has a high credit limit and a high cashback percentage.

More info about Interest Rates, Credit Limits, Incentives, Fees and Penalties

Interest Rates - The interest rate (Annual Percentage Rate) APR can either be a fixed rate or a variable rate that is tied to another financial indicator, most commonly the prime rate. With a fixed rate credit card you know what the interest rate will be every month, whereas a card with a variable rate can fluctuate. Of course, even the interest of a fixed rate card can change based on certain events, such as paying your credit card bill late, exceeding your limit, or simply because the credit card issuer decides to change it after providing you ample advance notice.

Credit Limit - This is the amount of money the credit card company will let you charge to the card. This amount varies depending upon the card offer and your credit history. Be sure to get a credit card with an ample limit, because getting close to your max can hurt your credit score. Just remember that you don't have to max out your limit just because it's available.

Incentives - To compete for and to gain customers, many credit card companies offer rewards. Even if you normally use cash, why not use your credit card and then use the cash to make the payment during the grace period? You still won't pay interest and meanwhile you'll rack-up rewards. A credit card with 5% cashback will earn you $5 for every $100 charged. If your total bills come to $2,000 per month, you'll earn a free $100 every month. Look for a rewards program that you'll use and which offers flexibility, such as cashback or travel.

Fees and Penalties - Compare common charges such as late fees, overlimit fees, balance transfers, cash advances, and for making payments by telephone. Regarding balance transfers, look for credit card offers with no transaction fees and zero percent interest for at least 12 months.

Affiliate Program

» Articles » News » Chase Blink Credit Card

Credit Federal

Personal loan and credit card resource serving millions of good and bad credit U.S. consumers.

View all news by Credit Federal...

Chase Blink Credit Card

By Credit Federal | Published 01/13/2006

Chase Launches Credit Cards with "blink" in Orlando Area...

And in the Dallas-Fort Worth Metroplex.

Chase Cards With "blink" Transform Payment Experience for Orlando, Daytona Beach and Melbourne Residents, and the the Dallas-Fort Worth Metroplex; 320 Merchant Locations Offer Customers Speed, Convenience With "blink"

Chase Bank, a division of JPMorgan Chase announced the rollout of its new Chase contactless credit cards with "blink" in the greater Orlando area and the surrounding counties, extending to Daytona Beach and Melbourne. Chase has already begun to deliver approximately 500,000 cards with blink to Central Florida cardmembers, increasing speed and convenience to an initial base of over 320 locations in nine counties, including Marion, Sumter, Lake, Flagler, Volusia, Seminole, Brevard, Osceola and Orange counties.

To use Chase cards with blink, cardmembers simply hold their card near a point-of-sale reader at checkout, instead of swiping their card or handing it to a store employee. As cardmembers hold their Chase card with blink near the point-of-sale reader, the reader will quickly emit a tone and light up to signal payment confirmation.

"We believe the innovative cards with blink provide merchants and cardmembers with the increased speed and convenience they want at the point-of-sale," said Tom O'Donnell, senior vice president of Chase Card Services, the company's credit card division. "With blink, cardmembers in the Orlando, Daytona Beach and Melbourne areas can save time when making their everyday purchases."

Working in conjunction with Visa U.S.A. and MasterCard International, Chase has identified locations where speed and convenience are important to consumers and is introducing new Chase cards with blink with an impressive roster of participating merchants. The initial merchants include 7-Eleven?, AMC Theatres?, Cinemark USA, CVS/pharmacy, RaceTrac? and Regal Entertainment Group. The number of merchants accepting Chase cards with blink is expected to grow steadily throughout the year. The new Chase cards with blink also feature the traditional magnetic stripe and can be used anywhere Visa and MasterCard are accepted to make purchases as consumers have done in the past.

7-Eleven, Inc. has been an early adopter of Chase cards with blink, with plans to roll out acceptance of blink cards to all 5,300 U.S. 7-Eleven? stores.

"Because 7-Eleven is synonymous with convenience, anything we can do to expedite a consumer's shopping experience at our stores is always under review," said Rick Updyke, vice president of business development for 7-Eleven, Inc. "Chase cards with blink provide customers with a faster, easier transaction. Contactless payment fits well with 7-Eleven's strategy of providing consumers quick, convenient service. As such, we expect to roll out acceptance of these cards to all 5,300 U.S. 7-Eleven? stores in the future."

Benefits for Cardmembers and Merchants

After taking part in a pilot program and evaluating the results of trials from around the world, Chase understands the value and benefits that Chase cards with blink provide to both cardmembers and merchants. Trial results confirmed that consumers find the contactless technology to be simple, fast and convenient, and also enjoy the added security from retaining possession of their cards while paying.

The most significant timesavings were realized in the drive-through environment, where transaction time was reduced by as much as 20 seconds as compared to cash. Consumers also liked the convenience of not carrying cash for everyday purchases. They no longer needed to fumble around for change and small bills, or be confined by the cash in their purses or wallets. In fact, 60 percent of respondents to a recent MasterCard survey said they use cash less often today than they did five years ago.

For merchants, blink transactions speed checkout times and allow consumers to spend less time waiting in lines. Research has shown that customers who use blink cards often spend more per transaction and are happier with their store experience. Chase cards with blink also provide a reliable, trusted payment method that works well in environments where speed is important.

Making More Time for Orlando Residents

In support of the new Chase credit cards with blink, and their ability to offer cardmembers more time and convenience, Chase recently commissioned a telephone survey conducted by the Opinion Research Corporation. The Chase "Just in a blink of time" Index polled 1,000 adult Americans hoping to discover what really irks them about waiting in line to do everyday routine activities.

The survey was conducted April 15 - 17, 2005 with the results representative of and projectable to the U.S. population. The margin of error is +/- 3.1 percent. The survey also revealed how Americans make the most of waiting in line and how they look for timesaving alternatives.

Americans most dread waiting in lines at the doctor's office (27%) and the Department of Motor Vehicles (26%) followed by the grocery store (18%) and the airport (14%).

Americans dislike waiting in lines but the following behaviors make it worse ? slow/inefficient cashiers (23%), someone changing their mind about an item that has been rung up (19%), and someone who leaves the line to run back for an item (19%).

One-third of Americans (32%) get frustrated after waiting in line for 10 minutes or less.

Half of Americans (52%) take the stairs instead of waiting for an elevator.

One-third of Americans will drive fast (35%), bring other things to do while waiting in line (33%) and buy fewer items to use the express lane (30%).

Also, one-quarter of Americans use a fast pass on the highway (24%).

Marketing Chase Cards with blink

To introduce Chase credit cards with blink, Chase will launch an integrated marketing campaign targeting Chase cardmembers in the Orlando metro area to help educate and excite them about this new feature. The campaign will encourage cardmembers to "blink lunch," "blink a bagful" or "blink a movie" by bringing to life how the card can be used at many leading merchants. The campaign will leverage many forms of communication, and will be centered on several direct mail communications to educate Chase cardmembers about the new card feature. More information and an interactive Web site can be found at chaseblink.com.

About Chase Cards with blink

In May 2005, Chase became the first bank to initiate a large-scale market-by-market roll out of contactless credit cards after working closely with merchants across the country to ensure the broadest possible acceptance. There are currently more than six million Chase credit cards with blink being utilized in Colorado, Connecticut, Delaware, Florida, Georgia, New Jersey, New York, Pennsylvania and Texas at locations where speed and convenience are important to consumers, such as movie theaters, quick service restaurants, convenience stores and drug stores. The number of merchants accepting the Chase cards with blink is expected to grow steadily throughout the year.

A History of Innovation

In the past two years, Chase has successfully created a number of innovative payment products such as the Starbucks Card Duetto Visa, a first-of-its-kind payment card blending Visa credit card functionality with the reloadable Starbucks Card; the stored-value Disney Dream Rewards Card as part of Disney's Visa Credit Card Program; and the AARP Visa Card, which combines cardmembers' credit/membership card into a first-of-its-kind card that provides automatic discounts at the point-of-sale.

Share this Financial Article with a Friend - click here

Webmasters: Free Financial Content for Your Website!

Multiple ways to use our financial content:

1) You can use our RSS Feeds for automatic insertion and updates

2) You can simply link to this article

3) You can copy/paste the HTML code below (do not remove any links).

Chase Blink Credit Card - by <a href=http://creditfederal.com>CreditFederal.com</a> Chase Launches Credit Cards with "blink" in Orlando Area... And in the Dallas-Fort Worth Metroplex. <a href="http://creditfederal.com/chase-credit-card.html">Chase Cards</a> With "blink" Transform Payment Experience for Orlando, Daytona Beach and Melbourne Residents, and the the Dallas-Fort Worth Metroplex; 320 Merchant Locations Offer Customers Speed, Convenience With "blink" Chase Bank, a division of JPMorgan Chase announced the rollout of its new Chase contactless credit cards with "blink" in the greater Orlando area and the surrounding counties, extending to Daytona Beach and Melbourne. Chase has already begun to deliver approximately 500,000 cards with blink to Central Florida cardmembers, increasing speed and convenience to an initial base of over 320 locations in nine counties, including Marion, Sumter, Lake, Flagler, Volusia, Seminole, Brevard, Osceola and Orange counties. To use Chase cards with blink, cardmembers simply hold their card near a point-of-sale reader at checkout, instead of swiping their card or handing it to a store employee. As cardmembers hold their Chase card with blink near the point-of-sale reader, the reader will quickly emit a tone and light up to signal payment confirmation. "We believe the innovative cards with blink provide merchants and cardmembers with the increased speed and convenience they want at the point-of-sale," said Tom O'Donnell, senior vice president of Chase Card Services, the company's credit card division. "With blink, cardmembers in the Orlando, Daytona Beach and Melbourne areas can save time when making their everyday purchases." Working in conjunction with Visa U.S.A. and MasterCard International, Chase has identified locations where speed and convenience are important to consumers and is introducing new Chase cards with blink with an impressive roster of participating merchants. The initial merchants include 7-Eleven?, AMC Theatres?, Cinemark USA, CVS/pharmacy, RaceTrac? and Regal Entertainment Group. The number of merchants accepting Chase cards with blink is expected to grow steadily throughout the year. The new Chase cards with blink also feature the traditional magnetic stripe and can be used anywhere Visa and MasterCard are accepted to make purchases as consumers have done in the past. 7-Eleven, Inc. has been an early adopter of Chase cards with blink, with plans to roll out acceptance of blink cards to all 5,300 U.S. 7-Eleven? stores. "Because 7-Eleven is synonymous with convenience, anything we can do to expedite a consumer's shopping experience at our stores is always under review," said Rick Updyke, vice president of business development for 7-Eleven, Inc. "Chase cards with blink provide customers with a faster, easier transaction. Contactless payment fits well with 7-Eleven's strategy of providing consumers quick, convenient service. As such, we expect to roll out acceptance of these cards to all 5,300 U.S. 7-Eleven? stores in the future." Benefits for Cardmembers and Merchants After taking part in a pilot program and evaluating the results of trials from around the world, Chase understands the value and benefits that Chase cards with blink provide to both cardmembers and merchants. Trial results confirmed that consumers find the contactless technology to be simple, fast and convenient, and also enjoy the added security from retaining possession of their cards while paying. The most significant timesavings were realized in the drive-through environment, where transaction time was reduced by as much as 20 seconds as compared to cash. Consumers also liked the convenience of not carrying cash for everyday purchases. They no longer needed to fumble around for change and small bills, or be confined by the cash in their purses or wallets. In fact, 60 percent of respondents to a recent MasterCard survey said they use cash less often today than they did five years ago. For merchants, blink transactions speed checkout times and allow consumers to spend less time waiting in lines. Research has shown that customers who use blink cards often spend more per transaction and are happier with their store experience. Chase cards with blink also provide a reliable, trusted payment method that works well in environments where speed is important. Making More Time for Orlando Residents In support of the new Chase credit cards with blink, and their ability to offer cardmembers more time and convenience, Chase recently commissioned a telephone survey conducted by the Opinion Research Corporation. The Chase "Just in a blink of time" Index polled 1,000 adult Americans hoping to discover what really irks them about waiting in line to do everyday routine activities. The survey was conducted April 15 - 17, 2005 with the results representative of and projectable to the U.S. population. The margin of error is +/- 3.1 percent. The survey also revealed how Americans make the most of waiting in line and how they look for timesaving alternatives. Americans most dread waiting in lines at the doctor's office (27%) and the Department of Motor Vehicles (26%) followed by the grocery store (18%) and the airport (14%). Americans dislike waiting in lines but the following behaviors make it worse ? slow/inefficient cashiers (23%), someone changing their mind about an item that has been rung up (19%), and someone who leaves the line to run back for an item (19%). One-third of Americans (32%) get frustrated after waiting in line for 10 minutes or less. Half of Americans (52%) take the stairs instead of waiting for an elevator. One-third of Americans will drive fast (35%), bring other things to do while waiting in line (33%) and buy fewer items to use the express lane (30%). Also, one-quarter of Americans use a fast pass on the highway (24%). Marketing Chase Cards with blink To introduce Chase credit cards with blink, Chase will launch an integrated marketing campaign targeting Chase cardmembers in the Orlando metro area to help educate and excite them about this new feature. The campaign will encourage cardmembers to "blink lunch," "blink a bagful" or "blink a movie" by bringing to life how the card can be used at many leading merchants. The campaign will leverage many forms of communication, and will be centered on several direct mail communications to educate Chase cardmembers about the new card feature. More information and an interactive Web site can be found at chaseblink.com. About Chase Cards with blink In May 2005, Chase became the first bank to initiate a large-scale market-by-market roll out of contactless credit cards after working closely with merchants across the country to ensure the broadest possible acceptance. There are currently more than six million Chase credit cards with blink being utilized in Colorado, Connecticut, Delaware, Florida, Georgia, New Jersey, New York, Pennsylvania and Texas at locations where speed and convenience are important to consumers, such as movie theaters, quick service restaurants, convenience stores and drug stores. The number of merchants accepting the Chase cards with blink is expected to grow steadily throughout the year. A History of Innovation In the past two years, Chase has successfully created a number of innovative payment products such as the Starbucks Card Duetto Visa, a first-of-its-kind payment card blending Visa credit card functionality with the reloadable Starbucks Card; the stored-value Disney Dream Rewards Card as part of Disney's Visa Credit Card Program; and the AARP Visa Card, which combines cardmembers' credit/membership card into a first-of-its-kind card that provides automatic discounts at the point-of-sale. This article provided courtesy of <a href=http://creditfederal.com target=_new>www.CreditFederal.com</a>, a personal credit resource of good or bad credit credit cards and loans.

Credit Tip: Need a high limit for Christmas credit card charges? If you have bad credit, consider a personal loan by refinancing your mortgage. Even if you have cash to buy Christmas presents, we recommend using a prepaid card to make purchases because it's safer than carrying cash.