Ink from Chase Enhances Rewards Program for Small Business Cardholders

Today, Ink from Chase, the business card portfolio from Chase Card Services, a division of JPMorgan Chase & Co. (NYSE: JPM), unveiled a new rewards program for the Ink Bold^SM card. The rewards program offers new customers rapid accumulation of points customized for the small business owner, featuring five points per dollar spent at office supply stores, telecommunication services and cable services, and two points per dollar spent on fuel and hotels. Ink Bold is Chase’s pay-in-full business charge card with no interest charges, designed for small business owners who want robust purchasing power and spending capacity that adjusts dynamically, giving them the purchase power needed to meet their businesses’ changing needs.

"Just as we did with Ink^SM Classic and the Ink Cash^SM cards in the second quarter, we are now offering Ink Bold with an enhanced rewards program designed with the small business owner in mind,” said Richard Quigley, president of Ink from Chase. "We know how carefully small business owners manage their expenses. By offering increased point accumulation for office supplies, telecommunication services, fuel and hotels—expenses that are a daily part of life for most small businesses—we are able to make these expenses much more rewarding for our customers.”

With Ink Bold, the new points program will allow customers to earn points even more quickly:

• Five points per dollar spent on the first $50,000 in annual spend at office supply stores, telecommunication services and cable services. Cable services include bundled services such as combined television, internet, phone and wireless service.
• Two points per dollar spent on the first $50,000 in annual spend on fuel and lodging.
• One point per dollar spent on all other card purchases, with no limits.

Ink from Chase customers have the option to redeem restriction-free travel, incredible experiences, gift cards, merchandise and cash through Ultimate Rewards^SM, a world-class rewards program that offers virtually limitless opportunities to earn and redeem rewards. The Ink Bold card allows customers to earn an additional point per one dollar on travel booked through Chase’s Ultimate Rewards^SM online travel booking tool. In addition, customers get 20% off travel when redeemed for airfare, hotels, car rental and cruises with no blackout dates or travel restrictions, plus they receive airport lounge access.

Originally launched in September 2009, the Ink Bold cards are accepted worldwide and offer numerous additional benefits, including:

• Airport lounge access
• No foreign transaction fees
• Points do not expire
• Free employee cards
• Built-in security features
• Unlimited 24/7 access to a team of business card specialists to handle service inquiries

Ink Bold is part of the Ink from Chase portfolio, which offers robust, flexible payment solutions and resources that meet the unique needs of small business owners. Solutions and resources allow for the creation of customizable reports and the ability to receive itemized monthly statements and quarterly management reports, as well as free access to Jot ^SM. Jot is a free mobile application and online solution which saves small business owners time by enabling them to easily track, categorize and organize business expenses in real-time from their iPhone® and Android™ mobile devices or online. Ink customers can download Jot for iPhone at http://www.apple.com/iphone/apps-for-iphone/ and for Android at https://market.android.com/. Ink also recently unveiled Zip ^SM, an online invoicing and cash management solution powered by PaySimple and designed for small businesses owners who want to simplify their invoicing and accelerate their receivables.

In addition to offering small business owners powerful cards and services through Ink from Chase, Chase’s commitment to small business owners is demonstrated by its lending of more than $12.6 billion in credit to over 300,000 small businesses in the first three quarters of 2011, a 71% increase over the same time last year. Chase extended its position as the #1 SBA lender in total loans with 5,363 approved SBA loans for $1.1 billion in fiscal 2011, which ended September 30.

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.