Chase and LivingSocial Team up for New Rewards Card
Chase Card Services and LivingSocial have announced the launched of the their first co-branded card, the LivingSocial Rewards Visa(R) Card. The newly minted partnership will provide LivingSocial users with additional value on purchases made everywhere and special cardholder-only benefits and offers. 
LivingSocial offers consumers who are social-buying enthusiasts with locally targeted deals daily and the ability to earn rewards for their purchases.
Dan Dougherty, director, Chase Card Services says, For local merchants, LivingSocial has helped redefine how businesses connect with consumers to promote their products and services and increase sales.
Members of the new JPMorgan Chase credit card have the opportunity to earn points at an accelerated rate.
A customer might use a LivingSocial deal to spend $20 for a $40 voucher at a nearby retailer.
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Global Payment, the worlds third-largest processor of electronic transfers is undergoing a deep investigation after a breach that may have put tens of thousands of credit card holders at risk. Although MasterCard and Visas systems have not been compromised, they have alerted the nations banks of the issue.
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