JPMorgan Chase JPM Rewards costs and partner payments — Card income

Other product segments

Similar metrics at other companies

CCard rewards and partner payments — Commissions and fees revenue

-$3.24B-3.3%

BACCard Income, Interchange Fees and Merchant Income — Rewards, rebates and compensation expense

$2.5B+4.2%

FHBCosts And Expenses Card Rewards Program

$8.4M+6.1%

WFCCredit card rewards and rebates — Other cost of revenue

$784M+17.5%

HBT

HBTCard income — Revenue

$2.75M+8.0%

FHBCommercial Banking Business — Costs And Expenses Card Rewards Program

-$8.4M-6.1%

Questions, answered.

What is JPMorgan Chase's rewards costs and partner payments — card income?

JPMorgan Chase (JPM) reported rewards costs and partner payments — card income of -$7.48B in Q1 2026.

How has JPMorgan Chase's rewards costs and partner payments — card income changed year-over-year?

JPMorgan Chase's rewards costs and partner payments — card income decreased by 10.3% year-over-year, from -$6.79B to -$7.48B.

What is the long-term trend for JPMorgan Chase's rewards costs and partner payments — card income?

Over 4 years (2021 to 2025), JPMorgan Chase's rewards costs and partner payments — card income has grown at a 13.6% compound annual growth rate (CAGR), from -$17.87B to -$29.72B.

What does rewards costs and partner payments — card income mean?

This metric represents the direct expenses incurred by a financial institution related to credit card loyalty programs, including points redemption, cash-back rewards, and contractual payments made to co-brand partners. These costs are essential for maintaining competitive card products and driving customer acquisition and retention within the consumer banking segment. Monitoring these outflows is critical for assessing the net profitability of the credit card portfolio after accounting for the incentives required to sustain cardholder engagement.