Chase UK Chat (Part 2)

Not seeing this - yet. R-

Do you already have a saver account open? Maybe it’s aimed only at those without one.

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Yup, could be that. R-

Not quite.

They are adding 1.8% to their variable rate, currently 3%, for six months.

That said, I have opened one, purely because instant access, and ease of app, and in case it disappears.

Need to fill my 5% Cahoot first :grinning_face_with_smiling_eyes:

Just been in chat with Chase. The additional 1.8% is only available to certain customers. R-

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Yes - two saver accounts and I’ve still got the 1.8% boost offer.

I’ve 11 open so it’s saying I can only have 10 and need to get down to that before taking the offer.

Exactly the same :+1:

Got the Boosted Saving offer. However I have DDs going out of my old Saving Acct (3%) so cannot empty it entirely (and close it) unless I go thru the hassle of amending all the DD mandates. Pity that Chase doesn’t allow conversion from the old Saving acct into the new Boosted Saving.

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Yh my DD account is a Chase Savings but cba swapping over cos that DD account is funded day before DD due now anyway, from a 5% account

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They may be doing what they did before and only offering the boosted rate to those holding less than a certain amount in savings with Chase? I moved all my savings out back in March but still have 2 savings accounts open with them and I was offered the boosted rate.

I have 0.00 in my two open savers, and 0.00 in my two current accounts. I got the offer.

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I’ve got 2 savings accounts already. I’ve received the boosted offer. Would I need to open a 3rd savings account or does anyone know if they can apply it to one of my existing savings account? Seems a bit pointless if I have to open a third savings account though I will if necessary :man_shrugging:t3:

Haven’t got the offer to test but in the past it’s always been on new pots, you can’t upgrade one.

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It’ll be a new account you open.

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Someone said above you can open 10 savings accounts. If you close one does it still count as one of the 10 or does it decrement thus allowing a further account to be opened in the future?

You’d be able to open one. It’s 10 at a time not 10 ever so the slot would be available to open a new one.

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Yes, it’s a new savings account with a new account number, and takes 5 seconds to set up.

Chase has obviously experienced a massive withdrawal of funds, further to their most recent account changes. This was not exactly unforecastable, and I can only think that they were relying on customer inertia. Wrong!

So it would seem that they are trying to recoup some of the deposits lost. I’m not proud, so I’ve moved a chunk of the funds I removed back in. Especially as it is fixed* for 6 months, and the next base rate move is slated to be downwards. Next Bank meeting is 8th of May, I believe.

*Not exactly fixed, but you know what I mean.

Yeah, likely to be 4.55% from 15 May 2025

I’ve opened a boosted savings account. How do I add that account to my other Chase accounts in Extra? Would I need to delete then re-add and if yes, would historic transactions and their categories be lost?