As the Stockback MasterCard enters its third month, Chase announced this week
that more than 85 retail merchants are now involved in the program. The new
card is unique as it enables cardholders to earn cash rewards that can be
automatically invested in a mutual fund with Merrill Lynch. Cardholders
earn 1%
cash back on all purchases, and up to an additional 10% cash back on purchases
made at participating Stockback merchants. Cardholders can keep their rewards
as cash, or they can have them automatically invested in a mutual fund.
Cardholders can withdraw funds at any time and there is no limit on the amount
of rewards a cardholder can accumulate by using the card. Participating
merchants include Sunoco, Linens ‘n Things, Radio Shack, Hertz, Dell, CVS,
Barnes & Noble, L.L. Bean, US Airways, Hallmark.com, and The Sharper Image. The
new card carries no annual fee and an introductory rate of 2.99% on purchases
and cash advances. Afterwards, interest rates for relationship cardholders
range from 9.24% to 13.24% depending on the balance. APRs for non-relationship
cardholders range from 10.24% to 14.24%. For more information visit
http://www.chase.com.
As the Stockback MasterCard enters its third month, Chase announced this week
that more than 85 retail merchants are now involved in the program. The new
card is unique as it enables cardholders to earn cash rewards that can be
automatically invested in a mutual fund with Merrill Lynch. Cardholders
earn 1%
cash back on all purchases, and up to an additional 10% cash back on purchases
made at participating Stockback merchants. Cardholders can keep their rewards
as cash, or they can have them automatically invested in a mutual fund.
Cardholders can withdraw funds at any time and there is no limit on the amount
of rewards a cardholder can accumulate by using the card. Participating
merchants include Sunoco, Linens ‘n Things, Radio Shack, Hertz, Dell, CVS,
Barnes & Noble, L.L. Bean, US Airways, Hallmark.com, and The Sharper Image. The
new card carries no annual fee and an introductory rate of 2.99% on purchases
and cash advances. Afterwards, interest rates for relationship cardholders
range from 9.24% to 13.24% depending on the balance. APRs for non-relationship
cardholders range from 10.24% to 14.24%. For more information visit