The Top Easy Access Savings Discussion Area

savethepandas

patpalloon said:

MrPG said:

New Chase offer on cashback. Just received this email. Looks like they want to keep business.

Good news – your new cashback offer is coming soon! With monthly cashback, you'll be able to be rewarded for your everyday debit card spending for up to 12 more months1. While we get monthly cashback ready, we're going to keep giving you 1% cashback2 on your everyday debit card spending with your current offer until 00:00 on 1 April 2023. And that's not all... Starting in April, you'll earn 1% AER interest3 on all your current account balances. It's another way for you to get more from your money – as part of our promise of rewarding banking. We'll let you know when it's ready. How monthly cashback will work ·     From 1 March 2023, pay in £500 to your Chase current account each month to qualify (excludes internal transfers) ·     Then the next month, you'll be able to earn 1% cashback – up to £15 – on your everyday debit card spending ·     Qualify each month to earn cashback the next month, for up to 12 months

How long have you had Chase? I've been with them since April 22 and had the email about 1% interest on the current account from April but not the cashback continuing.

Both me and my partner opened Chase at the very beginning. I have the same email as MrPG, but OH just had his cashback extended to end of April (no requirement to pay in £500) and no mention of interest on the current account. So several different emails have been sent out.

MrPG

Updates on Chase website https://www.chase.co.uk/gb/en/updates-from-chase/coming-soon-2023/

patpalloon

Thanks for replies. It's possible I didn't read the email properly, I've deleted it now 
So presumably there's nothing to stop you paying in the 500 quid each month and then withdrawing it? It just has to be from an external transfer .

janusdesign

patpalloon said:

Thanks for replies. It's possible I didn't read the email properly, I've deleted it now 
So presumably there's nothing to stop you paying in the 500 quid each month and then withdrawing it? It just has to be from an external transfer .

I read through the terms earlier today and saw nothing to stop you from doing that.

Band7

Any chance people could take their discussion about Chase cashback to the Chase thread so this thread can revert to topic?

Nick_C

Band7 said:

Any chance people could take their discussion about Chase cashback to the Chase thread so this thread can revert to topic?

Well Chase is one of the Top Easy Access Savings Accounts.  And you have to open the current account to get access to the savings account.  The cashback and lack of foreign exchange fees are two things that make Chase stand out from the pack.

So for anyone looking for a top easy access account, these are relevant factors. 

Band7

Nick_C said:

Band7 said:

Any chance people could take their discussion about Chase cashback to the Chase thread so this thread can revert to topic?

Well Chase is one of the Top Easy Access Savings Accounts.  And you have to open the current account to get access to the savings account.  The cashback and lack of foreign exchange fees are two things that make Chase stand out from the pack.

So for anyone looking for a top easy access account, these are relevant factors. 

There is no cashback on the Chase Easy Access Saver, which itself is of course a valid subject for this thread.  Whether you have the Chase Easy Access saver or not doesn't influence the cashback (or any other Chase offerings), and vice versa. 

Johnjdc

https://www.bloomberg.com/news/articles/2023-02-16/bank-of-england-s-pill-sees-risk-of-overtightening-interest-rate

Middle_of_the_Road

Nick_C said:

Band7 said:

Any chance people could take their discussion about Chase cashback to the Chase thread so this thread can revert to topic?

Well Chase is one of the Top Easy Access Savings Accounts.  And you have to open the current account to get access to the savings account.  The cashback and lack of foreign exchange fees are two things that make Chase stand out from the pack.

So for anyone looking for a top easy access account, these are relevant factors. 

This is all true, but anyone looking for this information, will only find it by chance (is that the name of a bank?)

These multi topic threads just go on and on, perpetually changing subject, and much of the useful information will be difficult to re-locate for reference later.

This is just due to the way the discussion areas are set out. If there was a sub-forum for individual banks and organisations, might threads stray off topic less? I'm not sure....

jak22

If you see  a new post on https://forums.moneysavingexpert.com/discussion/6392978/top-easy-access-acs-ranked-top-of-the-pots-no-chat#latest then you'll know that actually there's something new - otherwise be prepared to skip though chat - usually about an email you'll get yourself later or what someone is thinking of doing or wishing their favourite bank would do - but its' only a small amount of effort to skip and I think most would admit they've done pretty well out of rate changes over the last year after reading the posts here.