The Chase Manhattan Bank and e-commerce
company ShopNow.com Inc. launched a
Chase-issued ShopNow.com MasterCard available at both sites.
The card rewards online shoppers with a 5 percent Click Cash Rebate. To
receive the rebate, shoppers must make their online purchases in the
Products, Gifts or Brands areas of ShopNow.com. (Purchases made through the
Stores area of the ShopNow.com site do not qualify for the rebate.)
There is no annual fee on the Standard and Platinum ShopNow.com MasterCard
from Chase. The Platinum co-branded card features an introductory fixed APR
of 3.99 percent, a fixed rate of 9.99 percent after the first five months and
a credit line of up to $50,000.
The Standard co-branded credit card features
an introductory fixed APR of 3.99 percent, with a fixed rate of 11.99 percent
after the first five months.
Chase provides an Online Security Guarantee — cardmembers who make purchases
at the ShopNow.com site will not be held liable for any online purchases made
if their cards are used without their authorization.
“The ShopNow.com MasterCard from Chase is a natural extension of the ShopNow
Network as it offers customers and businesses value and security,” said
Dwayne Walker, president and chief executive officer of ShopNow.com.