NEW YORK, Feb. 17, 2022 /PRNewswire/ -- As COVID-19
continues to ravage the planet, (RED), the organization co-founded
by Bono and Bobby Shriver to fight
pandemics, is adding Chase and Wells Fargo to help with efforts
supporting urgent and equitable access to COVID-19 relief in
response to the ongoing and devastating impact of the virus in the
world's poorest countries.
Chase cardmembers with Ultimate Rewards®, as well as Wells Fargo
Rewards® customers can now (RED)EEM points and rewards towards a
donation to help fight COVID-19. These points and rewards can be
donated with PayPal's Pay with Rewards feature to help save
lives. In addition, Chase and Wells Fargo will each donate
$250,000 to (RED)'s efforts to
provide global COVID-19 relief.
"The Omicron variant should serve as a global wake-up call that
we won't end COVID anywhere unless we end it everywhere. That's why
we're bringing the largest financial institutions together to fight
COVID and save lives," said Jennifer
Lotito, President and COO of (RED). "We thank Chase,
Wells Fargo and their customers for their commitment to this
important fight and for donating points to help to get testing,
treatment and vaccines to those who need it most."
"At Chase, we're focused on providing the products and resources
that enable people to pursue what matters most in their lives,"
said Catherine Hogan, President
of Chase Branded Cards. "We know that many are passionate about
giving back and helping others through this global pandemic, and
we're pleased to team up with (RED) and PayPal to give our
cardmembers the option to easily redeem their Ultimate Rewards
points to make a difference in ongoing COVID-19 relief
efforts."
"Wells Fargo has a rich history of giving back and supporting
communities near and far. Since the onset of the COVID-19 crisis,
we've provided important financial assistance to our customers,
employees, and communities, and we're pleased to join arms with
(RED) and leverage PayPal's Pay with Rewards feature to further our
relief efforts," said Krista
Phillips, EVP, Head of Branded Cards and Marketing for Wells
Fargo. "By partnering with (RED), we're providing customers a
simple way to effectively donate their Wells Fargo Rewards and give
back in the way of their choosing, while supporting global COVID
relief efforts."
With today's announcement, Chase and Wells Fargo are the newest
additions to (RED)'s coalition of financial institutions,
including long-standing partner Bank of America, along with
American Express®, Citi and PayPal, that are helping raise money to
support stronger global health systems through entities like the
Global Fund COVID-19 Response Mechanism and the Gavi COVAX Advance
Market Commitment (AMC).
So far, only roughly 10 percent of people in the world's
poorest countries have received at least one COVID-19 vaccine
dose.
About (RED)
(RED), named for the color of emergency,
was founded by Bono and Bobby
Shriver in 2006 to turn companies into a cavalry to fight
the AIDS pandemic. Today, that cavalry is also fighting the urgent
threat of COVID and its devastating impact on the world's most
vulnerable communities, answering the need for a truly global
response.
(RED) partners with the most iconic brands and people to create
(RED) products and experiences — all of which raise money for the
Global Fund, one of the world's largest funders of global
health.
To date, (RED) has generated nearly $700
million for the Global Fund, helping more than 245 million
people. The money raised by (RED)'s partners and campaigns goes
directly to strengthen health systems and support life-saving
programs in the communities where pandemics hit hardest.
ABOUT Chase
Chase is the U.S. consumer and commercial
banking business of JPMorgan Chase & Co. (NYSE: JPM), a leading
financial services firm based in the
United States with assets of $3.7
trillion and operations worldwide. Chase serves more than 60
million American households with a broad range of financial
services, including personal banking, credit cards, mortgages, auto
financing, investment advice, small business loans and payment
processing. Customers can choose how and where they want to bank:
Nearly 4,800 branches in 48 states and the District of Columbia, 16,000 ATMs, mobile,
online and by phone. For more information, go to chase.com.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a leading
financial services company that has approximately $1.9 trillion in assets, proudly serves one in
three U.S. households and more than 10% of small businesses in the
U.S., and is the leading middle market banking provider in the U.S.
We provide a diversified set of banking, investment and mortgage
products and services, as well as consumer and commercial finance,
through our four reportable operating segments: Consumer Banking
and Lending, Commercial Banking, Corporate and Investment Banking,
and Wealth & Investment Management. Wells Fargo ranked No. 37 on Fortune's 2021 rankings
of America's largest corporations. In the communities we serve, the
company focuses its social impact on building a sustainable,
inclusive future for all by supporting housing affordability, small
business growth, financial health, and a low-carbon economy. News,
insights, and perspectives from Wells Fargo are also available at
Wells Fargo Stories.
Additional information may be found at www.wellsfargo.com |
Twitter: @WellsFargo
CONTACT: press@red.org
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