Chase is offering a number of popular credit cards, notably the Chase Freedom®, Chase Sapphire and Slate from Chase, which now include a set of features the company calls “Blueprint.” The Blueprint features give the credit cardholder some flexibility in organizing and paying off the various expenses he or she charges to the card. Customers can visit the website to customize their experience as they pay back what they have spent, and possibly avoid paying interest at the same time.
Here are some of the configurable options in the Blueprint program.
- You can choose categories, like gasoline or groceries, and Chase will separate those items from the rest of the statement. The payment you send will go to these expenses first, so as long as you pay more than you spend each month, you will not pay any interest in the categories you choose.
- For larger purchases, you can decide how may monthly payments you’d like to make. Chase will calculate the portion of the monthly payment.
- If you want to pay your credit card off in full — and everyone should — you can set the target date and Chase’s statements will tell you how much you need to pay each month in order to make your goal.
- Your expenses are categorized immediately, and you have access to view your data at any time. Many other cards, if they share your categorized data at all, send a summary only at the end of the year.
Chase has received plenty of attention for the balance transfer offer that comes with the Chase Slate®. Just make your balance transfer transaction within the first 60 days your account is open and Chase waives the fee traditionally associated with most balance transfers offers. That’s one of the best offers currently in the credit card industry. After the first 60 days the fee for future balance transfers will be 3 percent of the amount transferred with a minimum of $5. You’ll receive a 0 percent introductory APR for 15 months on purchases as well as on balance transfers. After your introductory APR expires, you’ll see a variable APR currently 12.99%, 17.99%, or 22.99% based on your creditworthiness. This card has no annual fee. The Slate® from Chase offers the Blueprint service.
Chase Sapphire Preferred®
The Chase Sapphire Preferred card is one step up from the Chase Sapphire Card you see above, the introductory offer is 40,000 bonus points after spending $3,000 in the first three months of card ownership. These points can be redeemed for travel worth up to $500 when booked through Ultimate Rewards. Each cardholder can get direct access to a dedicated phone number where live agents are available. There is an introductory annual fee of $0 for the first year then the annual fee is $95.
Ink Cash® Business Card
The Ink Cash® Business Card for new cardholders has an introductory bonus of $200 cash back after you spend $3,000 on purchases in three months from account opening. This card offers all small business owners the opportunity to earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on cellular/landline phone service, Internet and cable TV services each account anniversary year. In addition, you can earn 2% cash back on the first $25,000 spent in combined purchases each account anniversary year at gas stations and restaurants, and 1% cash back on all other card purchases (with no limit to the amount you can earn).
The Ink Cash® Business Card comes with an introductory 0% APR on purchases and balance transfers for 12 months. Plus, it does not have an annual fee. So as a small business owner, there is no cost for making fast, secure purchases using your credit card.
Ink Plus® Business Card
The Ink Plus® Business Card has the potential to earn you thousands of points every year on eligible business purchases. With this card, new cardholders can earn 60,000 bonus points after spending $5,000 on purchases in the first three months from account opening. (That equates to $750 toward travel when you redeem through Chase Ultimate Rewards®.)
Cardholders can earn up to 5X points per dollar on the first $50,000 spent in combined purchases at office supply stores and on cellular phone, landline, Internet and cable TV services each account anniversary year. In addition, Cardmembers can also earn 2X points per dollar in combined purchases at gas stations and hotel accommodations when purchased directly with the hotel each account anniversary year — plus 1 point per dollar on all other purchases (without limit to the amount earned).
There are no foreign transaction fees, and employee cards can be added at no additional cost. There is a $95 annual fee for the Ink Plus® Business Card.
With or without Blueprint, these Chase cards are among the best deals out there for those who use credit cards responsibly. Have you had any experiences with these credit cards from Chase? Whether good or bad, please share your thoughts.
Updated March 23, 2016 and originally published October 8, 2010. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @ConsumerismComm on Twitter and visit our Facebook page for more updates.