Chase launches mortgage-credit card cross promotion

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Great news! Through August 31, 2018, Chase is offering cardholders who apply for a new purchase loan a qualification for a reward after the loan closes! The reward however, will depend on the type of credit card that you have. The promotion will apply to whatever is the highest applicable bonus, but stacking is not allowed. Some of the rewards will include points and miles.

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This has to be one of the most expensive ways to pick up some credit-card points. Chase JPM, -0.16% announced Monday it is offering 100,000 Chase Ultimate Rewards points to its customers who have.

The bank has run similar promotions in the past, such as last year when Sapphire cardholders could earn 100,000 bonus points for financing a new home.While the bonus this time around is lower than before, it’s nice to see that Chase has opened it up to more customers.

Bonnie Sinnock is the capital markets editor of National Mortgage News. She has been writing for National Mortgage News since 1995.. Chase launches mortgage-credit card cross promotion jpmorgan chase will give its Sapphire credit card customers 100,000 rewards points for closing home-purchase loans with the bank.

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