JPMorgan Chase is expanding its Sapphire offering to include checking accounts , and is transferring its Chase Premier Platinum Accounts into Sapphire accounts . The bank said it was aiming to attract and retain increasingly affluent millennials , who were earning and saving more . “We are just getting started. It said the new accounts would eliminate some fees , including for money transfer and foreign exchange at overseas ATMs . The bank plans to offer Chase credit points to new Sapphire banking customers later this year . It is also working on further changes to the Sapphire brand .
JPMorgan Chase is expanding its Sapphire offering to include checking accounts , and is transferring its Chase Premier Platinum Accounts into Sapphire accounts . The bank said it was aiming to attract and retain increasingly affluent millennials , who were earning and saving more . It said the new accounts would eliminate some fees , including for money transfer and foreign exchange at overseas ATMs . The bank plans to offer Chase credit points to new Sapphire banking customers later this year . It is also working on further changes to the Sapphire brand .