Chase announces plans to launch reloadable card

Chase Liquid

The reloadable card, labelled Chase Liquid, is available in around 200 branches during the current pilot stage and will be rolled out officially later this summer (view press release). The card has a flat monthly fee of USD4.95 and there is no charge for checking balance or making withdrawals and deposits at Chase ATMs and branches. Other complimentary services include signing up for direct deposit such as paychecks or government benefits, transferring funds onto the card from Chase accounts, receiving online or paper statements, replacing lost cards, receiving account alerts via text or email and check balances via text and customer services.

Chase Liquid will be a terrific option for customers who want a prepaid card and also want the security and convenience of Chase. Chase Liquid’s affordability and transparency will set a new industry standard for prepaid products,” said Todd Maclin, CEO of Chase Consumer and Business Banking. 

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