Jamie Dimon has a deal for you.

His banking giant, JPMorgan Chase, has acquired San Francisco startup Bloomspot as a new perk for its credit-card customers.

The bank aims to offer its cardholders deals and discounts from merchants. Bloomspot is similar to Groupon, which sells consumers coupons for meals, goods and services at local businesses.

“Merchant partners are continually looking for ways to engage the right customers, and consumers have shown a clear interest in receiving offers from their favorite merchants,” the bank said in a statement.

JPMorgan nabbed Bloomspot for $35 million, far less than the $45 million the company raised from its venture capital backers, according to Bloomberg News.

The bank will try to scale a business that looks more and more like a passing fad. Groupon, whose core coupon business is already shrinking, has watched its shares plummet from their $20 IPO price to below $5.