Chase Cash Plus® Rewards Visa® Card

5% Cash Back at Grocery Stores, Gas Stations, and Drug Stores 1% Cash Back on All Other Purchases 0% Introductory APR for Up To 12 Months on Purchases and Balance Transfers No Annual Fee

Review: The Chase Cash Plus® Rewards Visa® Card, issued by Chase, is designed for those with very good credit who plan to take advantage of the cash reward program. Through the reward program, cardholders earn five points for every dollar spent at grocery stores, gas stations, and drug stores, as well as one point for every $1 spent on all other purchases. After earning 5,000 points, cardholders can choose between a $50 check or a $50 gift certificate to leading merchants and restaurants. There is a maximum of 30,000 points that may be earned in one year, and points expire in three years. The card has a reasonable interest rate for purchases (for a reward card), no annual fee, and a 0% APR introductory rate on purchases and balance transfers for up to twelve months. Finance charges applied use the "Two-Cycles Average Daily Balance" method, which is a more costly method in applying finance charges for those who occasionally carry a balance as compared to the "Average Daily Balance" method used by most card issuers. The card provides platinum cardholder benefits including up to $500,000 in travel accident insurance, auto rental insurance, and various travel and emergency assistance services. Therefore, those who plan to take advantage of the reward program and plan to pay in full each month after the introductory rate expires (to avoid costly finance charges) will benefit most from what the Chase Cash Plus® Rewards Visa® Card has to offer.

Date of Review: 2006-04-08 00:00:00

Notes: The APR for purchases and balance transfers varies according to the applicant's credit history and is either 5.99%, 9.99% or 14.99% + Prime Rate. See website for complete terms and conditions of card usage and application disclosure.

Additional Perks: Various travel and emergency assistance services. Various Internet account related services. Emergency card replacement. Emergency cash replacement. Lost and stolen card reporting. Up to $500,000 in travel accident insurance. Auto rental insurance. Extended warranty for purchases. No liability for unauthorized purchases. Year-end financial statement (upon request). See website for additional benefits.