JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable contingent interest notes linked to the Nasdaq-100 Index®, the Russell 2000® Index and the S&P 500® Index, maturing July 20, 2028.
The notes pay a Contingent Interest Rate between 7.25% and 9.25% per annum (0.60417%–0.77083% per month) for each Review Date when the closing level of each index is at least 80.00% of its Initial Value. If any index is below this Interest Barrier on a Review Date, no interest is paid for that period. The notes may be automatically called as early as July 15, 2026 if on certain Review Dates each index is at or above its Initial Value, returning $1,000 per note plus the applicable interest.
If the notes are not called and on the final Review Date any index is below 70.00% of its Initial Value, investors lose 1% of principal for each 1% decline of the Least Performing Index, potentially losing most or all of their investment. The notes are unsecured, are subject to the credit risk of the issuer and guarantor, pay no dividends on the underlying indices, may be illiquid, and have an estimated value of approximately $950.20 per $1,000 note if priced today, with a minimum estimated value of $900.00 per $1,000 note when terms are set.
JPMorgan Chase Financial Company LLC plans to issue unsecured, callable structured notes linked to the MerQube US Tech+ Vol Advantage Index, maturing on January 14, 2031 and fully guaranteed by JPMorgan Chase & Co. The notes can be automatically called as early as January 14, 2027 if the Index is at or above the Initial Value, paying back principal plus a fixed call premium that steps up over 17 review dates.
If not called, investors receive full principal at maturity only if the Index has not fallen by more than 15%; below that buffer, losses are one-for-one down to a maximum 85% loss of principal. The notes pay no interest and provide no dividends. The Index embeds a 6.0% per annum daily deduction and a notional financing cost, uses dynamic leverage up to 500%, and may significantly lag the QQQ Fund. Minimum denomination is $1,000, and the current estimated value is about $906.90 per $1,000, not less than $900 when finalized. The notes are not bank deposits or FDIC insured and are subject to JPMorgan credit risk.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering uncapped accelerated barrier notes linked to the least performing of the Dow Jones Industrial Average®, Nasdaq-100 Index® and S&P 500® Index, maturing on January 19, 2029. The notes have minimum denominations of $1,000 and do not pay periodic interest or dividends.
At maturity, if all three indices finish above their initial levels, investors receive $1,000 plus at least 1.42 times the gain of the worst-performing index. If one or more indices are at or below their initial level but all remain at or above 70% of their initial values (the barrier), investors receive only their principal back. If any index closes below 70% of its initial value, repayment is reduced one-for-one with the decline of the least performing index, and the entire principal can be lost.
The notes are unsecured obligations exposed to the credit risk of both the issuer and guarantor. An illustrative estimated value is about $959.20 per $1,000 note if priced on the example date, and the final estimated value will not be less than $900.00 per $1,000.
JPMorgan Chase & Co. is offering $6,350,000 of callable fixed-rate notes due September 9, 2032. These senior unsecured notes pay interest annually at a fixed rate of 4.50% per annum, using a 30/360 day count, with payments each September 9 starting in 2026 until maturity, unless redeemed earlier.
The issuer may call the notes at par plus accrued interest on March 9 and September 9 of each year from September 9, 2027 through March 9, 2032, in whole but not in part, upon at least 5 business days’ notice. The price to the public is $1,000 per note, with selling commissions up to $7.50 per $1,000 and net proceeds to JPMorgan Chase & Co. of $6,304,725. The notes are not bank deposits, are not FDIC insured and rank behind creditors of JPMorgan Chase & Co.’s subsidiaries in a resolution scenario.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering step-up auto callable notes linked to the S&P® Global 100 PR 5% Daily Risk Control 0.5% Deduction Index (USD) ER, maturing on February 2, 2029.
The notes can be automatically called as early as February 8, 2027 if the Index closes at or above preset call values. If called, investors receive $1,000 plus a call premium of at least 7.25% on the first review date or at least 14.50% on the second, per $1,000 note. If not called, at maturity investors receive $1,000 plus any positive Index return at a 100% participation rate, with no downside below principal, subject to issuer and guarantor credit risk.
The notes pay no periodic interest and offer no dividends from index constituents. The preliminary estimated value is about $959.30 per $1,000 note, and the final estimated value will not be less than $900.00 per $1,000 note, reflecting selling commissions, hedging costs and issuer funding assumptions.
JPMorgan Chase Financial Company LLC is offering Capped Buffered Enhanced Participation Equity Notes linked to the Russell 2000® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes run from a trade date expected on or about January 9, 2026 to a stated maturity date of February 11, 2027 and do not pay periodic interest.
At maturity, investors receive a cash payment based on the index performance. If the index rises, the notes provide 1.50x leveraged upside, but gains are capped, with a maximum settlement amount expected between $1,142.95 and $1,167.70 per $1,000 note. If the index falls up to 10%, principal is protected, but below a 90.00% buffer level losses are magnified by a buffer rate of approximately 1.1111, and investors could lose their entire investment.
The estimated value at pricing is expected between $973.90 and $983.90 per $1,000, reflecting embedded selling commissions, hedging costs and dealer profits. The notes are unsecured obligations subject to the credit risk of both JPMorgan Chase Financial Company LLC and JPMorgan Chase & Co., will not be listed on an exchange, and may have limited or no secondary market liquidity. The tax treatment is complex and uncertain, and the issuer highlights multiple risk factors, including valuation, funding rate, small‑cap equity exposure and conflicts of interest.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable contingent interest notes linked to the Nasdaq-100, Russell 2000 and S&P 500 indexes, maturing on July 20, 2028. The notes pay a monthly Contingent Interest Payment of between $7.0833 and $8.75 per $1,000 (an annual rate between 8.50% and 10.50%) only if on each Review Date all three indexes close at or above 70% of their Initial Values.
The notes may be automatically called as early as July 15, 2026 if, on certain Review Dates, each index is at or above its Initial Value, in which case investors receive $1,000 plus the applicable Contingent Interest Payment and no further payments. If the notes are not called and, at maturity, any index finishes below its 70% Trigger Value, repayment of principal is reduced one-for-one with the decline of the worst-performing index, and investors can lose more than 30% and up to all of their principal.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering unsecured Review Notes linked to the least performing of the Dow Jones Industrial Average®, the Russell 2000® Index and the Nasdaq-100 Index®, maturing in February 2029. The notes may be automatically called on scheduled Review Dates starting in February 2027 if each index is at or above its Call Value, paying back principal plus a call premium that starts at a minimum of 14% of principal and can reach at least 42% on the final Review Date.
If the notes are not called and, on the final Review Date, each index is at or above 70% of its Initial Value, investors receive only their principal back at maturity. If any index finishes below this 70% Barrier Amount, the payoff is reduced by the negative return of the least performing index, and investors can lose more than 30% and up to all of their principal.
The notes do not pay interest, provide no dividend exposure, and are subject to the credit risk of both the issuer and guarantor. They are issued in $1,000 minimum denominations, are not exchange-listed, and may have limited liquidity with secondary prices likely below the original issue price. The preliminary estimated value is approximately $975.10 per $1,000 note and, when finalized, will not be less than $900.00, reflecting embedded selling, structuring and hedging costs.
JPMorgan Chase Financial Company LLC, guaranteed by JPMorgan Chase & Co., is offering 3-year auto callable review notes linked to the MerQube US Large-Cap Vol Advantage Index (ticker: MQUSLVA). The Index provides rules-based exposure to E-Mini S&P 500 futures with leverage that can range from 0% to 500% and is reduced by a 6.0% per annum fee accrued daily.
The notes have a minimum denomination of $1,000 and annual review dates. If on any review date the Index level is at or above the call value (100% of the initial value), the notes are automatically called and pay back $1,000 plus a call premium that will be at least 26.25% per annum for the applicable review date. If not called and the final Index level is at or above 60% of the initial value, investors receive principal back at maturity. If the final Index level is below 60%, repayment is reduced by the Index loss, and investors can lose most or all of their principal. The estimated value will not be less than $900 per $1,000 note and any payment depends on the credit of the issuer and guarantor.
JPMorgan Chase Financial Company LLC is offering auto callable notes linked to the J.P. Morgan Multi-Asset Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are scheduled to mature on February 1, 2033, in $1,000 minimum denominations.
The notes may be automatically called on annual Review Dates starting in 2027 if the Index closes at or above preset Call Values. In that case, investors receive $1,000 plus a Call Premium Amount of at least 9.25% on the first Review Date, stepping up to at least 55.50% by the sixth, and no further payments. If not called, at maturity investors get $1,000 plus any positive Index Return, with a 100% participation rate and no loss of principal if held to maturity, subject to issuer and guarantor credit.
The Index applies a 1.00% per annum daily deduction and follows a momentum-based, diversified futures strategy across equities, bonds and commodities. The notes pay no interest, are unsecured, not FDIC insured, and may be subject to early adjustment if a commodity hedging disruption event occurs. If priced today, the estimated value would be about $924.10 per $1,000 note and will not be less than $900.00 at pricing. They are expected to be treated as contingent payment debt instruments for U.S. federal tax purposes.