Card Briefs: Chase Offers MasterCard With No Spending Limit

Chase Manhattan Corp. has become the latest to issue the World MasterCard.

The upscale-oriented card has no preset spending limit and a fixed 9.9% interest rate. It lets cardholders earn miles toward free flights on any major airline with no blackout dates and comes with travel discounts and concierge services.

Chase is introducing the product with direct mail and a national print advertising campaign.

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