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Chase launches new banking products targeting Gen Z with no fees and credit-building tools

Market News
05 May 2026
PYMNTS
View Source
Bullish
pluang ai news

Chase has introduced new and improved banking products aimed at customers under 25 and those new to banking, including a Secure Banking checking account for 17-year-olds with no overdraft or monthly fees, and a savings account with waived fees for under-25s. The bank also offers a Freedom Rise Credit Card to help build credit and a Credit Journey tool for credit monitoring. Enhancements to the mobile app improve user experience with easier transaction access and financial management features. Chase is also expanding financial education through workshops and online modules, combining digital convenience with in-branch support to attract younger customers and grow its retail deposits.

More News (JPM)

Consumer finance market to grow to $14.08T by 2031, driven by embedded finance and fintech growth

Consumer finance market to grow to $14.08T by 2031, driven by embedded finance and fintech growth

The global consumer finance market is projected to expand from $9.87 trillion in 2025 to $14.08 trillion by 2031, growing at a 6.17% CAGR. Key growth drivers include embedded finance at point-of-sale, which boosts credit uptake by integrating lending...

Market News
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Chase Ink Business Cash card offers $1,000 bonus and 0% APR for 12 months to ease small business cash flow.

Chase Ink Business Cash card offers $1,000 bonus and 0% APR for 12 months to ease small business cash flow.

The Chase Ink Business Cash credit card currently offers a limited-time $1,000 bonus after spending $8,000 in the first four months, making it an attractive option for small businesses managing uneven cash flow. It features 0% introductory APR on pur...

Others
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6 hours ago
Chase Sapphire Preferred card refresh offers top travel perks with a $95 fee and a 100,000-point welcome bonus.

Chase Sapphire Preferred card refresh offers top travel perks with a $95 fee and a 100,000-point welcome bonus.

The Chase Sapphire Preferred credit card recently received a major update, maintaining its $95 annual fee while adding valuable perks like a $100 hotel credit, up to $120 TSA PreCheck credit, and a complimentary Apple TV+ subscription. It offers stro...

Others
Bullish
2 days ago
JPMorgan's Marianne Lake retires after being passed over as CEO, leaving $50M in unvested stock behind.

JPMorgan's Marianne Lake retires after being passed over as CEO, leaving $50M in unvested stock behind.

Marianne Lake, a longtime JPMorgan executive, decided to retire after CEO Jamie Dimon chose two rivals over her as his successor. Lake, who had been considered a top candidate to replace Dimon, left the bank shortly after the announcement, forfeiting...

Market News
Bearish
3 days ago
Credit card firms boost premium perks with lounges at events to attract high-spending customers.

Credit card firms boost premium perks with lounges at events to attract high-spending customers.

American Express and Chase are expanding exclusive lounges and perks at festivals, sports events, and venues to attract affluent cardholders who pay high annual fees. These premium cards, like Amex Platinum and Chase Sapphire Reserve, offer benefits ...

Market News
Bullish
3 days ago
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