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Not to be confused with the new ability to freeze your credit for free, Chase is joining the ranks of American Express, Discover and Wells Fargo by launching a lock/unlock feature of its own. The lock/unlock feature will allow customers to “quickly lock or unlock their credit card right from their phones through the Chase Mobile app or by computer via chase.com to instantly block new purchases, cash advances and balance transfers.”

You
You’ll find the lock and unlock function in the Chase iPhone app

It’s being implemented to create a sense of calm if and when a user loses their card, and once the card is located (curse those couch cushions!), customers can unlock it via the Chase Mobile app or chase.com. Locking the card does not affect automatic payments, so there are no disruptions to recurring charges. If the card is not found, customers can request a new card right away.

Lose your Chase Sapphire Reserve? Flip the switch to keep cool while you search for it.
Lose your Chase Sapphire Reserve? Flip the switch to keep cool while you search for it.

The feature should be coming online now for credit card holders, while debit card holders will have access to the feature “later this year.”

Know before you go.

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2018 TPG Award Winner: Mid-Tier Card of the Year
Chase Sapphire Preferred® Card

NEW INCREASED OFFER: 60,000 Points

TPG'S BONUS VALUATION*: $1,200

CARD HIGHLIGHTS: 2X points on all travel and dining, points transferrable to over a dozen travel partners

*Bonus value is an estimated value calculated by TPG and not the card issuer. View our latest valuations here.

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More Things to Know
  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • No foreign transaction fees
Intro APR on Purchases
N/A
Regular APR
17.99% - 24.99% Variable
Annual Fee
$95
Balance Transfer Fee
Either $5 or 5% of the amount of each transfer, whichever is greater.
Recommended Credit
Excellent/Good

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