Chase and Avios Continue Two Decade Long Partnership

WILMINGTON, Del.--(BUSINESS WIRE)--

Today, Chase Card Services, a division of JPMorgan Chase & Co. [NYSE: JPM], and Avios Group (AGL) Limited announced a multi-year extension to the co-branded credit card, British Airways Visa Signature^® Card. The agreement strengthens a more than 20-year legacy between the companies, providing exclusive benefits and rewards for international and domestic travel.

"Since year one, we've been proud of the strategic alliance between Chase, Avios and British Airways, and the program we have worked together to establish," said Richard Quigley, President Business Card Unit, Chase. "We look forward to continuing to forge a meaningful relationship to ultimately create new ways to deepen the compelling value provided to cardmembers."

Gavin Halliday, Managing Director, Avios added, "We are very pleased to build on our rich history with Chase Card Services and expand on our collaboration to deliver the exclusive value that our mutual travel community enjoys and looks forward to in earning great travel rewards."

The British Airways Visa Signature Card continues to deliver a valuable portfolio of rewards and first-rate travel perks:

• Three Avios earned for every $1 spent on British Airways, Iberia and Openskies Purchases and one Avios earned for every $1 spent everywhere else
• First major airline credit card in the United States to offer no foreign transaction fees
• Every calendar year $30,000 in purchases made on the British Airways Visa Signature card will earn a Travel Together Ticket, good for two years
• Card is enabled with new smart chip and signature technology that allows easy use for chip-based purchases in Europe and beyond

For more information or to apply for a British Airways Visa Signature Card, visit www.chase.com/britishairways or www.ba.com.

About Chase

Chase is the U.S. consumer and commercial banking business of JPMorgan Chase & Co. JPM, a leading global financial services firm with assets of $2.6 trillion and operations worldwide. Chase serves nearly half of America's households with a broad range of financial services, including personal banking, credit cards, mortgages, auto financing, investment advice, small business loans and payment processing. Customers can choose how and where they want to bank: More than 5,500 branches, 18,000 ATMs, mobile, online and by phone. For more information, go to Chase.com.

About British Airways

British Airways is the UK's largest international airline and one of the world's leading global premium carriers. Its principal place of business is London, the world's largest premium travel market, with significant presence at Heathrow, Gatwick and London City airports.

British Airways' main home at Heathrow is Terminal 5, which has been voted the world's Best Airport Terminal by airline travelers across the globe in the latest SkyTrax survey.

Operating one of the most extensive international scheduled airline route networks, together with its joint business agreement, codeshare and franchise partners, flies to more than 70 different countries. British Airways carries almost 40 million customers a year and has a fleet of more than 280 aircraft.

British Airways is a founding member of oneworld, the alliance of airlines around the globe, which together serves some 1,000 destinations across the globe.

For more information please visit www.ba.com.

About Avios www.avios.com

Avios Group (AGL) Limited operates the global Avios currency for the British Airways Executive Club, Iberia Plus and Meridiana Club frequent flyer programmes; as well as the Avios Travel Rewards Programmes in the UK and South Africa. Millions of members collect Avios in over 220 countries world-wide. Part of International Airlines Group, Avios is headquartered in the UK, with a global office network in Madrid, Johannesburg and New York City.

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