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Comments

  • Wheres_My_Cashback
    Wheres_My_Cashback Posts: 4,422 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    edited 4 June 2024 at 11:25AM
    cadguy77 said:
    Closed Chase Nov boosted and opened Jan boosted in 2 minutes. Thanks All
    Is this what everyone is experiencing?  Last thing I want to do is close my 5.1% boosted Nov Chase savings and then not be able to get the 5.1% on the new account?

    Thanks
    Yep, transferred funds to current a/c, close Boost 1, it will ask if you want interest sent to your current a/c, confirm closure, go back to main screen and the offer to open boost 2 is there.

    You don't need to transfer out first though.
  • BigBlueSky
    BigBlueSky Posts: 742 Forumite
    Seventh Anniversary 500 Posts Name Dropper
    cadguy77 said:
    Closed Chase Nov boosted and opened Jan boosted in 2 minutes. Thanks All
    Is this what everyone is experiencing?  Last thing I want to do is close my 5.1% boosted Nov Chase savings and then not be able to get the 5.1% on the new account?

    Thanks
    Yep, transferred funds to current a/c, close Boost 1, it will ask if you want interest sent to your current a/c, confirm closure, go back to main screen and the offer to open boost 2 is there.

    You don't need to transfer out first though.
    Thanks for the explanation.

    Sorry, what do you mean by 'You don't need to transfer out first though' ? -  You mean just do closure and they will transfer the balance plus interest to the current account ?
  • cadguy77 said:
    Closed Chase Nov boosted and opened Jan boosted in 2 minutes. Thanks All
    Is this what everyone is experiencing?  Last thing I want to do is close my 5.1% boosted Nov Chase savings and then not be able to get the 5.1% on the new account?

    Thanks
    Yep, transferred funds to current a/c, close Boost 1, it will ask if you want interest sent to your current a/c, confirm closure, go back to main screen and the offer to open boost 2 is there.

    You don't need to transfer out first though.
    Thanks for the explanation.

    Sorry, what do you mean by 'You don't need to transfer out first though' ? -  You mean just do closure and they will transfer the balance plus interest to the current account ?
    Yes..........
  • janusd
    janusd Posts: 1,388 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    cadguy77 said:
    Closed Chase Nov boosted and opened Jan boosted in 2 minutes. Thanks All
    Is this what everyone is experiencing?  Last thing I want to do is close my 5.1% boosted Nov Chase savings and then not be able to get the 5.1% on the new account?

    Thanks
    Yep, transferred funds to current a/c, close Boost 1, it will ask if you want interest sent to your current a/c, confirm closure, go back to main screen and the offer to open boost 2 is there.

    You don't need to transfer out first though.
    Thanks for the explanation.

    Sorry, what do you mean by 'You don't need to transfer out first though' ? -  You mean just do closure and they will transfer the balance plus interest to the current account ?
    yes, when closing the account, they ask you if you want to transfer the balance to another Chase account (current or savings).

    i've just done this - closed the #1 bonus saver (Nov 24); the balance (+interest) got transferred to the normal chase 4.1% saver; opened the #2 bonus saver (Jan 25) and transferred the balance across (minus £1) to the new bonus saver.
  • BigBlueSky
    BigBlueSky Posts: 742 Forumite
    Seventh Anniversary 500 Posts Name Dropper
    cadguy77 said:
    Closed Chase Nov boosted and opened Jan boosted in 2 minutes. Thanks All
    Is this what everyone is experiencing?  Last thing I want to do is close my 5.1% boosted Nov Chase savings and then not be able to get the 5.1% on the new account?

    Thanks
    Yep, transferred funds to current a/c, close Boost 1, it will ask if you want interest sent to your current a/c, confirm closure, go back to main screen and the offer to open boost 2 is there.

    You don't need to transfer out first though.
    Thanks for the explanation.

    Sorry, what do you mean by 'You don't need to transfer out first though' ? -  You mean just do closure and they will transfer the balance plus interest to the current account ?
    yes, when closing the account, they ask you if you want to transfer the balance to another Chase account (current or savings).

    i've just done this - closed the #1 bonus saver (Nov 24); the balance (+interest) got transferred to the normal chase 4.1% saver; opened the #2 bonus saver (Jan 25) and transferred the balance across (minus £1) to the new bonus saver.
    Perfect! - That did the job!

    Thanks
  • adindas
    adindas Posts: 6,856 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 4 June 2024 at 3:28PM
    I just did testing a few times from my Lloyds Account to Chase Booster saver @5.1% and vice versa. It arrives instantly.
  • pfpf
    pfpf Posts: 5,264 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    whats the "complicated eligibility"? i haven't used my Chase account in months but do have the 5.1% offer.

    Note: Chase Saver. 5.10% boosted tracker saver until November/January; App only; Complicated eligibility, so may not get ranking. See here for discussion.*

  • jaypers
    jaypers Posts: 1,285 Forumite
    1,000 Posts Fourth Anniversary Photogenic Name Dropper
    pfpf said:
    whats the "complicated eligibility"? i haven't used my Chase account in months but do have the 5.1% offer.

    Note: Chase Saver. 5.10% boosted tracker saver until November/January; App only; Complicated eligibility, so may not get ranking. See here for discussion.*

    I posted this in the specific Chase thread, but for info https://www.chase.co.uk/gb/en/saver-boosted/
  • jaypers
    jaypers Posts: 1,285 Forumite
    1,000 Posts Fourth Anniversary Photogenic Name Dropper
    pfpf said:
    whats the "complicated eligibility"? i haven't used my Chase account in months but do have the 5.1% offer.

    Note: Chase Saver. 5.10% boosted tracker saver until November/January; App only; Complicated eligibility, so may not get ranking. See here for discussion.*

    In posted this in the specific Chase thread but for info - https://www.chase.co.uk/gb/en/saver-boosted/ 
This discussion has been closed.
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