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I think it's safe to say that Chase's recent UK launch campaign has been successful in attracting new customers and that they have no reason/need to increase the rate on their Chase Saver account any time soon - presumably doing so would just add to their predicted losses.
JP Morgan's digital bank Chase hits 1 million UK customers
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refluxer said:I think it's safe to say that Chase's recent UK launch campaign has been successful in attracting new customers and that they have no reason/need to increase the rate on their Chase Saver account any time soon - presumably doing so would just add to their predicted losses.
JP Morgan's digital bank Chase hits 1 million UK customers2 -
Marcus Bank have increased their instant access rates to 1.8% which is quite good. Unlike some of the challenger banks, moving money from them into your nominated account is literally instant. i.e. if you transfer money by the time you log on to your nominated account the money is in there. With most of the challenger banks it is by close of business the following working day which can be problematic if over the weekend.2
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Nick_C said:refluxer said:I think it's safe to say that Chase's recent UK launch campaign has been successful in attracting new customers and that they have no reason/need to increase the rate on their Chase Saver account any time soon - presumably doing so would just add to their predicted losses.
JP Morgan's digital bank Chase hits 1 million UK customers
From my perspective, I have plenty of spare time and my number one goal is rate maximisation.
I guess you keep the Chase balance to a minimum and have any other savings in an account offering much more than 1.50%0 -
RG2015 said:Nick_C said:refluxer said:I think it's safe to say that Chase's recent UK launch campaign has been successful in attracting new customers and that they have no reason/need to increase the rate on their Chase Saver account any time soon - presumably doing so would just add to their predicted losses.
JP Morgan's digital bank Chase hits 1 million UK customers
From my perspective, I have plenty of spare time and my number one goal is rate maximisation.
I guess you keep the Chase balance to a minimum and have any other savings in an account offering much more than 1.50%2 -
AndyTh_2 said:RG2015 said:Nick_C said:refluxer said:I think it's safe to say that Chase's recent UK launch campaign has been successful in attracting new customers and that they have no reason/need to increase the rate on their Chase Saver account any time soon - presumably doing so would just add to their predicted losses.
JP Morgan's digital bank Chase hits 1 million UK customers
From my perspective, I have plenty of spare time and my number one goal is rate maximisation.
I guess you keep the Chase balance to a minimum and have any other savings in an account offering much more than 1.50%
Moreover, I did not have to keep moving money to better paying savings accounts.
Oh Happy Days!1 -
RG2015 said:AndyTh_2 said:RG2015 said:Nick_C said:refluxer said:I think it's safe to say that Chase's recent UK launch campaign has been successful in attracting new customers and that they have no reason/need to increase the rate on their Chase Saver account any time soon - presumably doing so would just add to their predicted losses.
JP Morgan's digital bank Chase hits 1 million UK customers
From my perspective, I have plenty of spare time and my number one goal is rate maximisation.
I guess you keep the Chase balance to a minimum and have any other savings in an account offering much more than 1.50%
Moreover, I did not have to keep moving money to better paying savings accounts.
Oh Happy Days!0 -
According to Moneyfacts, the Cambridge Building Society Your Saver account interest rate will be increasing, from 1.75% to 2.10%.
This is a limited access account, as it permits only one penalty-free withdrawal per calendar month.
https://www.cambridgebs.co.uk/savings/easy-access/your-saver
Please call me 'Kazza'.6 -
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