Skip to content
Subscriber Only

JPMorgan Bucks Credit Card Trend With New One Aimed at Travelers

  • Card targets customers planning trips for when virus eases
  • Rollout contrasts with Capital One decision to rein in credit

JPMorgan Chase & Co. is rolling out a travel-focused credit card, breaking with competitors who are reining in exposure to U.S. consumers amid a surge in unemployment.

The new card -- the Freedom Flex -- was in the works before the Covid-19 pandemic started and, according to a statement Monday, rewards customers with 5% cash back for travel purchased through the bank’s rewards portal, as well as other perks including 3% back on dining.