Discussion Paper

Financial management tools and consumer confidence: chase blueprint

Abstract: On March 10, 2015, the Payment Cards Center hosted a workshop on the development and performance of Blueprint, a set of money management features developed by JPMorgan Chase & Co. (Chase) and available with several of Chase?s credit cards. The workshop featured presentations by Thomas O?Donnell, managing director of Chase Consumer and Community Banking Quality, and Florian Egg-Krings, general manager of the Slate and Blueprint portfolios. O?Donnell discussed the development of Blueprint, a process that began during the financial crisis and the Great Recession of 2007?2009. Egg-Krings then shared some insight on the adoption and success of several Blueprint features. Lastly, both O?Donnell and Egg-Krings briefly discussed their expectations for the evolution of Blueprint in the coming years. This paper summarizes the presentations of O?Donnell and Egg-Krings, supplemented by additional research.

Keywords: Behavioral consumer finance; Credit cards; Debt repayment; Financial management;

JEL Classification: D14; D91;

Bibliographic Information

Provider: Federal Reserve Bank of Philadelphia

Part of Series: Consumer Finance Institute discussion papers

Publication Date: 2015-10-13

Number: 15-4