RISMEDIA, August 4, 2009-Chase, one of the nation’s leading consumer banks, announced 1% Mortgage Cash Back, an innovative new benefit from Chase Exclusives, the program that rewards checking account customers for using the bank’s other products and services.
Each year, the 1% Mortgage Cash Back allows enrolled Chase Exclusives customers to earn 1% of their scheduled monthly principal and interest mortgage payment. They must simply get a Chase mortgage to buy or refinance their home and have their monthly mortgage payment automatically deducted from their Chase checking account.
“Today, consumers want to get more from their money and our innovative 1% Mortgage Cash Back program does just that. It is a great example of how Chase Exclusives rewards you for having both a Chase checking account and a Chase mortgage,” said David Lowman, chief executive officer of Chase Home Lending “We talked to many customers and prospects, and they really liked the idea of having their bank help them pay down their mortgage. They also liked the option of getting the reward in cash.”
For more information, visit www.chase.com.