Credit Tips: Credit Card Cash Reward Card

Posted On: November 1, 2004

Author: NightStar
Forum Moderator
Joined: 07 Nov 2003
Posts: 1760
Location: Illinois
Posted: Sun Nov 16, 2003 6:34 pm

chase.com/

Chase CashBuilderSM Cashbuilder

Summary

The CashBuilder Reward Plan allows you to earn an annual cash rebate of up to 2% by using your Chase CashBuilder Card. Whenever you make new Purchases on your Account, which appear on your monthly statement, we will calculate a CashBuilder Reward for that billing period based upon your annual level of net Purchases. The percentage calculation used to determine your CashBuilder Reward is based upon your annual level of net Purchases (“Tier Levels”), and will range from one quarter (0.25%) percent up to two (2%) percent of your annual level of net Purchases as follows: 0.25% for the first $2,000, 0.50% for the next $2,000 ($2,000.01 - $4,000), 0.75% for the next $2,000 ($4,000.01 - $6,000) and 1% for net Purchases in excess of $6,000 ($6,000.01 & up). For any billing cycle in which your Account has a revolving balance equal to or greater than $500, your Reward for new Purchases in that billing cycle will be doubled to up to 2%, depending on your current Tier Level. There is a $500 maximum on Rewards that may be earned in any 12-month period measured from your Registration Date Anniversary. Checks are issued within 4-6 weeks of your Registration Date Anniversary.

Annual Percentage Rate (APR) for Purchases Preferred Pricing:1 8.99% for Elite Pricing, or 12.99% for Premuim Pricing, or 18.99% for Standard Pricing.

Other APRs Preferred Pricing:

1 - Balance Transfers: For Elite Pricing and Premium Pricing, fixed 0.00% introductory rate for 12 months from account opening.

1 Thereafter, 8.99% for Elite Pricing, or 12.99% for Premium Pricing. Fixed 0.00% introductory rate for 3 months from account opening for Standard Pricing.

1 Thereafter, 18.99%.

Cash Advances: 19.99% for Elite Pricing and Premium Pricing, or 23.99% for Standard Pricing.

Non-Preferred Pricing - Purchases, Balance Transfers and Cash Advances: Up to 23.99%.

2 1 Any promotional rate may change to your regular Preferred Pricing rate if any minimum payment on your Account was past due. Any promotional rate or regular Preferred Pricing rate may change to your Non Preferred rate if any loan or account of yours with us or your other creditors was past due, your Account was overlimit or any payment on your Account was returned unpaid. All rate changes effective as of your last Statement Closing Date.

2 The Prime Rate used to determine your APR is the highest rate published in The Wall Street Journal on the last business day of the prior month.

Variable Rate Information Your APR may vary.

Preferred Pricing1 - Purchases and Balance Transfers: For all purchases from account opening, and for both outstanding and new balance transfers after the introductory period for accounts with Elite Pricing, the rate is determined monthly by adding 4.99% (or 8.99% for accounts with Premium Pricing, or 14.99% for accounts with Standard Pricing) to the Prime Rate.

2 Cash Advances: For accounts with Elite Pricing and Premium Pricing, the rate is determined monthly by adding 14.99% (or 15.99% for accounts with Standard Pricing) to the Prime Rate (not less than 19.99% or 23.99%, respectively).2 Non-Preferred Pricing - Purchases, Balance Transfers and Cash Advances: The rate is determined monthly and is up to the Prime Rate plus 19.99%.2 Grace Period for Repayment of the Balance for Purchases Not less than 20 days

Method of Computing the Balance for Purchases Average Daily Balance (including new purchases)

Annual Fee None

Minimum Finance Charge for Purchases $0.50 (if a finance charge is imposed)

Transaction Fee for Purchases in a Foreign Currency For Foreign Currency Transactions, 2% of the converted transaction amount.

Transaction Fee for Cash Advances: 3% of each cash advance ($5 minimum)

Transaction Fee for Balance Transfers: No fee during the introductory period. Thereafter, $50 per transaction unless otherwise disclosed to you in writing.

Late Payment Fee: $15 for a Balance up to $150.00; $29 for a Balance of $150.01 up to $1,200.00; $35 for a Balance of $1,200.01 or greater (”Balance” means Previous Balance on statement that shows the late fee) and $35 when Non-Preferred rate in effect on monthly statement.

Over the Credit Limit Fee: $29, and $35 when Non-Preferred rate in effect on monthly statement.

Other fees may apply. Chase credit cards are issued by Chase Manhattan Bank USA, National Association All rates disclosed in these Disclosures are accurate as of 10/31/03.

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