JPMorgan Chase & Co. is issuing a cobranded credit card with the United States Tennis Association.

The USTA Visa Signature card, announced Wednesday, includes the New York banking company's Flexible Rewards program. The card has no annual fee and comes with an introductory 0% interest rate.

JPMorgan Chase is a corporate sponsor of the USTA's U.S. Open tournament, which starts Aug. 19 in New York.

Last week the banking company announced a text-message promotion giving people a chance to win tickets to the tournament, designed to draw attention to its text-message mobile banking service.

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