Chase Rolls Out New Mobile Bank - Card Issuers News

ADVERTISING DISCLOSURE

ADVERTISING DISCLOSURE:
Credit-Land.com is an independent, advertising-supported web site. Credit-Land.com receives compensation from most credit card issuers whose offers appear on our site. Compensation from our advertising partners impacts how and where their products appear on our site, including, for example, the order in which they may appear within review lists. Credit-Land.com has not reviewed all available credit card offers in the marketplace.

Credit Card Applications » News » Card Issuers » Chase Rolls Out New Mobile Bank

Chase Rolls Out New Mobile Bank

Chase Rolls Out New Mobile Bank
November
9
The content is accurate at the time of publication and is subject to change.

Chase is taking banking to a new level with the rollout of Finn by Chase, a new all-mobile bank, which lets people do all their traditional checking and savings transactions via an app in their mobile device, while also providing tools that let users manage their money more effectively. Finn by Chase was designed with Millennials in mind and was created using their feedback.

Chase took a close look at their money challenges and spending habits, discovering that for Millennials their emotional state played a big role in their decisions, yet they didn’t have tools to help them gauge the financial impact of those decisions – this app was designed to help with that.

“When it comes to money, Millennials told us they don’t want to feel like they’re being judged,” said Bill Wallace, CEO of Digital at Chase. “So, we designed Finn to put them in charge, no matter where or how they’re spending.”

Finn by Chase was launched in St. Louis in October and is slated to be introduced in more U.S. cities during the coming year. The initial version is for iPhone users, but next year they will also be releasing a version for Android users.

Employing a new banking perspective

With Finn by Chase people will be able to actually flag their purchases based on whether or not it was something they felt they wanted or needed–and they can use emoji’s to signal how they felt about those purchases. All of this is designed to give them more insight into their spending habits.

People can also choose to set up an auto save protocol based on their needs. For instance, they could set it up so that every time they go shopping or dine out they automatically put $10 in their savings account.

Besides these features, users can also use Finn to manage their checking and savings account the same way they would with any other bank account.

Getting Finn

People will be able to sign up for Finn using their phone via Chase’s digital account opening platform.

“We continue to invest in technology that makes banking easier for our customers, and gives them the confidence they need for their financial future,” said Thasunda Duckett, CEO of Consumer Banking at Chase. “Finn is yet another way we’re innovating for Millennials by designing a product that lets them spend and save on their terms.”

Users of Finn by Chase also get free access to over 29,000 Chase and other ATMs. More information is available on the website.

Disclaimer: This editorial content is not provided or commissioned by the credit card issuer(s). Opinions expressed here are the author's alone, not those of the credit card issuer(s), and have not been reviewed, approved or otherwise endorsed by the credit card issuer(s). Reasonable efforts are made to present accurate information, however all information is presented without warranty. Consult a card's issuing bank for the terms & conditions.
All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.
Add to Favorites:

Related News:

Save Money When Ordering ahead with Chase Pay
Save Money When Ordering ahead with Chase Pay

Posted: January 08, 2019

Chase Pay is getting cardholders off to a good start in 2019, by offering them some money saving promotions during January when they use the mobile wallet. Continue reading

Chase and Visa Making It Easier for Cardholders to Commute in NYC
Chase and Visa Making It Easier for Cardholders to Commute in NYC

Posted: June 06, 2019

Chase cardholders will soon be able to get around NYC easier because the City and Chase have partnered up so that cardholders will be able to get into the subway or on the bus with just a tap using their Visa contactless card. With this… Continue reading

Chase Adds Two New Point Transfer Travel Partners
Chase Adds Two New Point Transfer Travel Partners

Posted: November 20, 2017

Chase has inked a new deal with the Aer Lingus loyalty program, AerClub, and the Iberia loyalty program, Iberia Plus, making them their newest Chase Ultimate Rewards point transfer partners. This new deal lets eligible Chase credit… Continue reading

Get the latest news, articles and expert advice delivered to your inbox. It's FREE.
The Citi Rewards+ Card - the only credit card that automatically rounds up to the nearest 10 points on every purchase - with no cap
For Excellent, Good Credit
Earn unlimited 1.5% cash rewards on all purchases.
For Good, Excellent Credit
See Rates & Fees
Perfect credit not required for approval; we may approve you when others won’t
For Fair/Bad Credit
You've successfully subscribed!

Please specify the following:All these fields are optional

Your Credit History
Themes you are interested in:

By providing this information you help us make our news letters more useful and informative. Thank you!