Chase Launches New Card in Canada

    Expands Its Offerings in Canada with New Chase Gold MasterCard

    TORONTO, March 20 /CNW/ - Today, Chase Card Services, a division of
JPMorgan Chase (NYSE:  JPM) announced the launch of the Chase Gold
MasterCard(R), the company's first proprietary credit card for Canadian
consumers. The new card offers cardmembers savings with a low introductory
interest rate on balance transfers, no annual fee and many other benefits.

    The Chase Gold MasterCard marks Chase's third card offering in Canada. In
2005, Chase entered the Canadian market with the acquisition of the Sears
Canada credit card portfolio. Most recently, Chase introduced its new Marriott
Rewards(R) Platinum Visa(R) Card in Canada. Further demonstrating its
commitment to the Canadian market, the company recently announced plans to
hire 100 Ottawa-area employees and will also expand jobs in Toronto to support
its credit card business in Canada.

    "The Chase Gold MasterCard is another extension of Chase's mission to
offer Canadian consumers high-quality products and services," said Sherri
Silver, senior vice president, Chase Card Services, Canada. "We look forward
to introducing many other credit card related products and services in the
near future."

    Gold MasterCard Benefits

    Chase is launching the new Gold MasterCard by offering a limited
first-time offer of a low introductory rate for six months on balance
transfers and no annual fee. Other product features include:

    --  Acceptance at over 24 million locations internationally;

    --  24/7 customer service with MasterCard Global Assist;

    --  Zero liability on unauthorized purchases;

    --  Cash access at nearly one million ATMs and bank locations; and

    --  Emergency card replacement.

    Customers interested in the Gold MasterCard can apply for and learn more
about the card by calling 888-502-4273.

    About Chase

    JPMorgan Chase & Co. (NYSE:  JPM) is a leading global financial services
firm with assets of $1.4 trillion and operations in more than 50 countries.
The company has more than 140 million credit cards issued. Under the Chase and
JPMorgan brands, the firm serves millions of consumers internationally and
many of the world's most prominent corporate, institutional and government
clients. Information about the firm is available at

For further information:

For further information: Media contact: Chase Card Services Jessica
Iben, 800-955-8010 ext. 26150

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