<<

J.P. MORGAN PRIVATE

Chase Privileges Debit Card

Simplify the management of household and other daily expenses.

The Chase Privileges Debit card allows individuals you authorize to MAKING LIFE EASIER WITH A “NANNY” CARD have controlled to funds in your J.P. Morgan checking “We gave a Privileges card to our nanny,” said one client, who account, allowing them to make debit card purchases anywhere Visa chose to set up a separate checking account for the nanny. cards are accepted or to withdraw at ATMs worldwide. “This lets me quickly see what’s going on.”

The cards can be given to family members as an easy way to She sees this as one of the card’s primary benefits. “It can be manage an allowance. It can also be given to household staff or difficult to feel in control of things when I’m away from home other employees whose duties require having access to petty cash all day.” and/or making purchases on behalf of you or your family. Each card bears the name of the individual; however, monthly spending and The card also gives the nanny some autonomy. “She can decide withdrawal limits are set and controlled by you. to put gas in the car, stop at the market or take my daughter to a movie,” the client notes. And on days when the nanny needs more EASY TO IMPLEMENT cash, the client simply asks her service team to temporarily raise There is no limit to the number of cards you can authorize. On the limit on the nanny’s account. your monthly statements, transactions of each cardholder will be tracked separately. Or, if you prefer, the card can be linked to HELPING YOUR CHILDREN MANAGE A BUDGET a separate checking account set up solely for this purpose. “We use the Privileges card to help our teenage children manage The cardholder(s) you designate do not have access to your their allowances each month.” For this client, the card is an effective account information. money management tool for 14-year-old twins. “If they spend all their money at the beginning of the month, they know they won’t There are no fees or costs associated with setting up a have lunch money by month-end.” Chase Privileges Debit Card: The card also helps him address safety concerns in a way that • No annual or monthly service fees effectively bridges the generation gap. “This is safer than carrying a • No out-of-network ATM fees1 lot of cash or making withdrawals at an ATM—although the card lets Chase Privileges Debit Card them do that,” he says. “And cash isn’t that important to kids their • No foreign exchange fees1 age. They can do what they want with a debit card.” Furthermore,Simplify it’sthe easy management to arrange. of Simply household ask your and serviceother daily team expenses. BANKING WITH J.P. MORGAN to add the card to your account. Or, set up a separate account. For more than 200 years, J.P. Morgan has helped wealthy individuals and families manage their day-to-day finances. To learn more about the Chase Privileges Debit Card, or about banking with J.P. Morgan, please speak to your J.P. Morgan team.

The Chase Privileges Debit card allows individuals you authorize making lifE EasiEr with a “nanny” CarD to have controlled access to funds in your J.P. Morgan checking “We gave a Privileges card to our nanny,” said one client, who account, allowing them to make debit card purchases anywhere chose to set up a separate checking account for the nanny. Visa cards are accepted or to withdraw cash at ATMs worldwide. “This lets me quickly see what’s going on.”

1 WhenThe linked cards to acan J.P. Morganbe given checking to family account. members as an easy way to She sees this as one of the card’s primary(Continued benefits. on “It reverse) can be manage an allowance. It can also be given to household staff or difficult to feel in control of things when I’m away from home other employees whose duties require having access to petty all day.” cash and/or making purchases on behalf of you or your family. The card also gives the nanny some autonomy. “She can decide Each card bears the name of the individual; however, monthly to put gas in the car, stop at the market or take my daughter to a spending and withdrawal limits are set and controlled by you. movie,” the client notes. And on days when the nanny needs Easy to imPlEmEnt more cash, the client simply asks her service team to temporarily There is no limit to the number of cards you can authorize. On raise the limit on the nanny’s account. your monthly statements, transactions of each cardholder will be hElPing your ChilDrEn managE a buDgEt tracked separately. Or, if you prefer, the card can be linked to a “We use the Privileges card to help our teenage children manage separate checking account set up solely for this purpose. their allowances each month.” For this client, the card is an The cardholder(s) you designate do not have access to your effective money management tool for 14-year-old twins. “If they account information. spend all their money at the beginning of the month, they know There are no fees or costs associated with setting up a they won’t have lunch money by month-end.” Chase Privileges Debit Card: The card also helps him address safety concerns in a way that • No annual or monthly service fees effectively bridges the generation gap. “This is safer than • No out-of-network ATM fees1 carrying a lot of cash or making withdrawals at an ATM— although the card lets them do that,” he says. “And cash isn’t • No foreign exchange fees1 that important to kids their age. They can do what they want Furthermore, it’s easy to arrange. Simply ask your service team with a debit card.” to add the card to your account. Or, set up a separate account. banking with J.P. morgan For more than 160 years, J.P. Morgan has helped wealthy individuals and families manage their day-to-day finances. To learn more about the Chase Privileges Debit Card, or about banking with J.P. Morgan, please speak to your J.P. Morgan team.

1 When linked to a J.P. Morgan checking account. (Continued on reverse) CHASE PRIVILEGES DEBIT CARD 2

CUSTOMIZABLE EASY OVERSIGHT • Allow debit purchases and/or ATM access • Review spending/transactions at any time, using SM • Set monthly limits: up to $50,000 for purchases and J.P. Morgan Online $10,000 for ATM access • Monitor account activity with statements organized • Have authorized user’s name embossed on the card according to each authorized user • Authorize cards for any number of individuals • Call your service team to: ––Get intra-month card balances ––Change spending/withdrawal limits

CONTROLLED ACCESS SECURE • Funds can be debited directly from your checking account; • As the account owner, you activate the card, set the PIN or from a separate checking account set up to cover • Stop access to funds at any time by calling your service team Chase Privileges Debit Cards for one or more designated • Safe alternative to cash; can be used: individuals ––Anywhere Visa® cards are accepted • The card is Chase branded; users are not required to be J.P. Morgan clients ––At millions of ATMs worldwide • Authorized cardholders do not have access to: ––Your account information ––“Available balance” information on their own card

JPMorgan Chase Bank, N.A. Member FDIC

© 2016 JPMorgan Chase & Co. All rights reserved. 1016-0996