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July 27, 2015

Chase Card Services, Southwest Airlines extend credit card deal

Chase Card Services, a unit of JPMorgan Chase, has signed a multi-year extension deal with Southwest Airlines for its partnership of about 20 years on co-branded credit cards.

By Verdict Staff

Chase Card Services, a unit of JPMorgan Chase, has signed a multi-year extension deal with Southwest Airlines for its partnership of about 20 years on co-branded credit cards.

The cards include Southwest Airlines Rapid Rewards Plus, Premier and Business Cards.

Chase Card Services CEO Eileen Serra said: "This extension reinforces our long-term commitment to collaborating on a program that delivers exceptional value and service to our shared customers. We look forward to deepening an already meaningful relationship."

Southwest Airlines executive vice president and chief commercial officer Bob Jordan added: "We’ve chosen to continue this association with Chase because of our mutual dedication to providing the best card value for our Customers.

"Our Customers will continue to receive great value while enjoying the benefits only Southwest can provide including bags fly free, no change fees and outstanding Customer Service."

Southwest further said that the renewed deal with Chase Bank, along with a change in its accounting methods, could help it earn an extra $400m in revenue in second half of this year.

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