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Chase Manhattan Bank

Written by Kathleen Gagne
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It may seem a little odd, but the institution known today as the Chase Manhattan Bank started out in 1799 with a very different purpose. At that time, it was called the Manhattan Company, and it was created to provide water to the City of New York. Because their charter permitted banking operations, later that first year, the company opened The Bank of the Manhattan Company.

In 1918, the Bank of the Manhattan Company bought the Bank of the Metropolis (shades of Superman!). The new, larger bank bought over 20 banks over the next four decades. Mergers and growth continue right up until today. In 1996, Chase merged with Chemical Bank to form the largest bank holding company in the United States. Chase Manhattan Bank and J.P. Morgan merged on December 22, 2000.

Chase Manhattan Today

As a world leader in banking, Chase Manhattan today offers an impressive line of credit cards with great features and great rates. From pre-paid cards for those who have poor credit to top-of-the-line Platinum, Perfect, and Chase CashBuilder for those who need greater buying power. Chase even adds attractive features to their great credit cards.

Advantages such as travel rewards points that start from the first day you use the card mean that you can save money on airline flights, car rentals, cruises, and hotel rooms. Many cards come with a 0% introductory APR and a lower long-term APR for existing customers who add a card. Chase also offers specialty credit cards such as toy store cards and gas rebate cards. Check out the Chase Credit Card website to find the card that's right for you.


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