Chase Blueprint Credit Card Features
Chase credit cards feature a unique program they call “Chase Blueprint” (www.chase.com/blueprint), which is meant to help cardholders manage their credit cards and maintain control over their finances. While credit cards have a reputation of ruining financial futures – the fact is, when they are used correctly, credit cards become part of a strong strategy which can actually improve your financial situation.
Chase Blueprint: Track It
One of the most useful benefits of Chase credit cards is the “Track It” feature. This feature will sort and categorize your credit card purchases to help you see exactly where you are spending your money. You can then easily set up a budget based on the types of spending categories you need and the average expense for each. When you spend more than you should, you can easily see where the money was used unnecessarily and get your budget back into control.
People who use a Chase credit card for all of their purchasing will find the Track It feature most useful, as all of your spending is shown in one place.
Chase Blueprint: Full Pay
When you use your Chase credit cards to pay for your monthly expenses, you can select which categories of purchases you want to pay in full each month to avoid paying interest on them. For example, many cardholders use the card to pay for everything including groceries, gasoline and utility payments, and decide to pay for all of these monthly expenses in full to avoid paying interest on them. You can then use your card for even small purchases (the stop at the coffee shop, for example) without worry that you’ll be paying interest on the $3 purchase for the next four years! On most credit cards, with the exception of 0% APR credit card promotional periods, carrying a balance would cause all these purchases to lump together and could technically leave you paying off a cup of coffee for years.
Chase Blueprint: Split
For larger purchases you make with your Chase credit card that you need to pay off over time, you can use the “split” feature to set up a repayment plan. This is useful for when an appliance breaks and must be replaced immediately, but you need a little time to cover the expense. Decide how many months you need to repay the purchase, and set up a payment plan to pay it off within that time frame. This helps you avoid creating an unmanageable amount of credit card debt that you pay interest on forever.
Chase Blueprint: Finish It
If you have a credit card balance, you can use the “Finish It” feature to set up a monthly budget or payment schedule for getting out of debt faster. Chase will analyze your financial situation and find ways to reduce the interest you’re paying and get you out of debt as soon as possible based on the amount of money you can afford to pay each month. Once you set up your repayment plan, if your situation changes, you can easily change the plan as necessary. This is also a good tool if you use your Chase card for a 0% APR balance transfer and want to pay your balance in full before the regular interest rate kicks in.
How to Use Blueprint
Getting started with the financial management tools offered through www.chase.com/blueprint requires that you have a Chase credit card. There are currently three Chase consumers credit card offers with Blueprint, including Chase Freedom, Chase Slate and Chase Sapphire. You can learn more about these credit cards below:
