Chase Lets Rewards Earners Invest in J.P. Morgan Wealth Management Accounts
JPMorgan Chase has launched 'Invest Your Points,' a new feature that allows Ultimate Rewards members to redeem their points for cash and invest it in eligible J.P. Morgan Wealth Management investment accounts.
The integration is available through the Chase Mobile app and Chase.com, allowing users to manage rewards redemption and investing within the same digital environment.
Once Ultimate Rewards points have been converted into cash, customers can decide how to invest the money according to their own goals and risk tolerance.
The launch expands on the existing options for redeeming Ultimate Rewards points, including travel, cash back, statement credits, and gift cards.