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Chase bank: Savings account offers 1.5% interest plus incentive as much as £400 | Personal Finance | Finance


With an rate of interest of 1.5 percent on savings, the Chase Saver Account also offers one percent cashback on spending and no fees for spending abroad. As well as, customers can earn as much as £400 only for referring their friends.

JP Morgan Chase’s digital saver account has been piquing experts’ interest because it offers a wealth of advantages including no withdrawal fees, cashback and fee free spending abroad.

Since its launch a few weeks ago, it has been really helpful by financial experts including Andrew Hagger of Moneycomms.co.uk and Money Saving Expert founder Martin Lewis amongst others.

And it now comes with a £20 refer-a-friend incentive to make it much more appealing.

What’s more, customers can refer as much as 20 people so that they can earn as much as £400 by recommending the digital bank to family and friends.

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Learn how to make £400 with the Chase app

Customers can open the Chase app, go to “Rewards” and choose “Refer a friend”.

All they should do then is press “start” and share the referral link with friends.

They’ll need to affix Chase using your link and pay in £20 inside 30 days of opening an account for each parties to receive £20 – if everyone signs up and meets the factors that’s £400.

Deborah Keay, Chief Marketing Officer of Chase within the UK, said she hoped the brand new refer-a-friend offer would make it easier for people to recommend Chase.

“The brand new refer-a-friend offer is only a small token from us to reward our customers and make it easy for them to share and recommend the Chase experience to their family and friends.

“With our recent refer-a-friend offer and the recent launch of the Chase Saver, customers banking with Chase can enjoy one of the competitive current accounts available on the market.”

With summer holidays just across the corner, a Chase account may very well be an option for those going abroad.

Meanwhile, customers can enjoy one percent cashback on on a regular basis debit card spending while away, too.

There are also no charges from Chase for money withdrawals at ATMs anywhere on the planet.

Within the US, Chase UK customers will give you the option to make use of Chase ATMs freed from charge (another ATM providers may charge customers).

There may be also a small change round-up feature that earns five percent interest – customers can save as they spend by rounding up their debit card purchases to the closest £1 and depositing the small change right into a separate account where it is going to earn interest at five percent.

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