Chase Ultimate RewardsSM Promotion Adds Value to Holiday Shopping

Ultimate Rewards^SM, Chase’s proprietary, world-class rewards program, today announced its annual holiday promotion designed to deliver great value to cardmembers throughout the holiday season. From now through the end of the year, Chase Freedom®, Chase Sapphire? and Ink? from Chase cardmembers with Ultimate Rewards can take advantage of special promotions, including merchandise auctions, redemption discounts, exclusive experiences and receive bonus points for shopping with select retailers online through ultimaterewards.com. In addition, Chase Freedom cardmembers can redeem their cash back rewards for gift cards from many popular retailers including Kohl’s, Banana Republic and Barnes and Noble.

The Ultimate Rewards promotion includes:

• Holiday Merchandise Auctions
  Every weekday from November 1 through November 25, Chase Freedom, Chase Sapphire and Ink from Chase cardmembers can use reward points to bid on popular holiday gifts, such as PlayStation3, Samsung Galaxy Tab, and Sony HDTV. Bidding will start at just one reward point.
• Ultimate Rewards Mall Promotion
  From November 15 through December 12, Chase Freedom, Chase Sapphire and Ink from Chase cardmembers who shop online through ultimaterewards.com will earn up to 10 extra rewards points for every dollar spent at select merchants.
• Cyber Monday Merchandise Redemption Sale
  Chase Freedom, Chase Sapphire and Ink from Chase cardmembers who choose to use their reward points to shop for merchandise on ultimaterewards.com on Cyber Monday (November 28) will save 25 percent. Chase hosted a similar promotion last season, which drew a 300 percent increase in the number of merchandise items redeemed that day.
• NY Jets, NY Giants Sponsorships
  Chase is now a sponsor of both the New York Jets and New York Giants, giving cardmembers the opportunity to use their points through Ultimate Rewards for great access to Jets and Giants home games including pre-game field passes and private box tickets.

Unique offers for Chase cards include:

• Chase Freedom Great Gift Card Sale
  Chase Freedom cardmembers will receive 10 or 20 percent off select gift cards redeemed through Ultimate Rewards by visiting www.ultimaterewards.com/great. Discounted gift cards will be available from now through January 4.
• Chase Sapphire Winter Experiences
  Chase Sapphire cardmembers can give the gift of an experience this holiday season and have the opportunity to participate in unique winter experiences with Olympic gold medalist Picabo Street using their credit card rewards points. Cardmember packages include a ski clinic with Street, 5-star hotel accommodations, culinary experiences and other winter activities. For details about experiences, visit www.chasesapphire.com/ski.
• Ink from Chase VIP Sounds of the Season Experiences
  Ink from Chase is offering existing small business customers the chance to experience an exclusive, musical holiday with behind-the-scenes access to holiday concerts, VIP seating and more. Ink customers with Ultimate Rewards can choose from four unforgettable holiday celebrations to treat themselves, reward employees or thank clients.

Ultimate Rewards is an industry-leading rewards program that offers virtually limitless opportunities to earn and redeem rewards without earnings caps, airfare blackout dates or points expiration. Customers may access Ultimate Rewards via Chase Customer Service or at www.ultimaterewards.com, a single, comprehensive website that provides maximum simplicity, flexibility and ease of navigation.

For more details on experiences, the full merchandise auction calendar and specific holiday deals available to cardmembers through Ultimate Rewards, visit www.ultimaterewards.com/holiday.

Tracking Consumer Holiday Shopping Trends

While the 2011 overall retail growth numbers are projected to fall below 3 percent this year, online consumer spend last season grew at double digit rates. Chase Paymentech, the payment processing division of JPMorgan Chase, will be tracking this and other consumer shopping trends for 50 of the leading U.S. online retailers. The Chase Paymentech Pulse Index will provide an inside look at consumer ecommerce spending trends for the key Black Friday and Cyber Monday days, then throughout the holiday season. The Pulse Index provides daily settlement activity by measuring payment transactions, dollar volume and average ticket value in near real time – providing comparative online shopping statistics for the 2011 holiday shopping season.

About Chase

Chase is the U.S. consumer and commercial banking business of JPMorgan Chase & Co. (NYSE: JPM), a leading global financial services firm with assets of $2.3 trillion and operations in more than 60 countries. Chase serves consumers and small businesses through 5,200 bank branches, 16,200 ATMs, mortgage offices, and online and mobile banking as well as through relationships with auto dealerships and schools and universities. Chase also has issued more than 90 million credit cards. More information about Chase is available at www.chase.com.

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