Having contributed to this thread, I’ve just gone back through and re-read today’s relevant posts.
I haven’t been able to identify any so-called ‘tantruming’ or ‘throwing of toys out of the pram’ and certainly not any provocative language from anyone who has contributed to the actual matter in hand - Chase’s offer.
I’ve seen a balanced and calm expression of frustration towards a customer offer, which appears to not make much sense to many participants. Entitlement? Not really. Bewilderment? Absolutely
Views of whether the offer does or doesn’t make sense will inevitably vary but the valid concerns held by many have been aired here in a very restrained and civil way.
I find that it’s not the amount you get, it’s the mindset of not leaving more money getting no interest than you absolutely need to that made the difference for me. Now I don’t fret over leaving a few hundred ‘too much’ in the bills account.
FWIW, I’ve just had another email from Chase saying that they’ve now fixed the glitch which meant that some people got the email offer but wasn’t able to access the offer.
So, you might find, if you haven’t already, if you try again you’ll be able to set up the boosted saver account now.
3 Likes
Doug_hboy
(Always be alert because the World always needs lerts.)
8353
Presumably you still can’t re-open your account but they’ve given you £50 for their misinformation?
@Scott182
Can you confirm that you opened another (or more than 1) curent account (as far as I understand you can have up to 10 CA’s and 10 Savers) and sometime later used the CASS to switch it out to another provider, and your original first Chase current ac was unaffected and continued to work as normal?
Most offers require 2 DD’s for any incentive so nothing to be gained at the moment as I’ve used all my DD’s so it would be a hassle to move two to another Chase ac, but I’d still like to know!
Co-op bank are in the initial stages of being taken over by Coventry Building Society, it can only make them (Co-op) better (I pray it doesn’t work the other way as CBS are excellent).
Yes, it would involve having a separate account for bills and assigning the card to another account to spend from, rather than anything to hold a certain balance back. You can create new accounts (both current and savings) instantly and they have their own account number each.
Agree, I do this with some credit cards. It’s pretty much the main selling point of Chase for me.
The only functional difference between Chase’s current and savings accounts (that I can think of, aside from the differing interest rate obviously) is that only the current accounts can be linked to the debit card.
You’d need to switch which account the card is paying from at the point you want to use it, so it only works for direct debits with the bank details rather than card payments. It’s not quite like virtual cards where there’s a separate card number to map to the account/pot.
For starters - they have a completely different account number. So, for Direct Debits, you need to set them up at the retailer with the specific account number for the bills accounts (you can’t set them up onto your ‘main’ account and then set in the app later which account to pay them from).
Also, they don’t do independent virtual cards at Chase - you just have 1 card (which is your Apple Card/Virtual Card and Physical card) and you set which account that card uses. You can’t separate an ‘everyday card spending account’ away from a ‘card for monthly subscriptions’ account.
