Chase UK discussion

Daliah

Is there any way, other than in the statements, to see my balance against each of the outgoing and incoming transactions?

Marchitiello

Quick experience sharing:

I have used the same ATM in the EU to withdraw exactly the same EURO amount from both my new Chase account and Starling and I received in both cases an almost instant app notification on my phone and exactly the same GBP charged on both account (MasterCard exchange rate). As the Chase card is slightly slimmer and sit better in the same slot as my Business Cards, I think it will be the only card I will take along for the rest of the trip and in future trips (I am visiting the States in March so if there are no confirmation before that, I am also planning to test the Chase USA branch free atm theory).

BarGin

Does anyone know if you pay for something using your debit card via PayPal you will receive the Cashback?

BarGin

I can now answer my own question as I've tried it – YES.

MissRP95

Is anyone using the round up feature? How much did you round up and how much interest did you get?

I haven't used it yet, wondering whether its worth it

crumpet_man

MissRP95 said:

Is anyone using the round up feature? How much did you round up and how much interest did you get?

I haven't used it yet, wondering whether its worth it

I'm using it but the amount of interest I will receive will be pennies a month, might just crack £10 at the end of 12 months when the 5% round up is due to end.

Daliah

MissRP95 said:

Is anyone using the round up feature? How much did you round up and how much interest did you get?

I haven't used it yet, wondering whether its worth it

If you could somehow manage to put an additional £100 into your round-up account each and every 1st of a month, and never withdraw a penny, for 12 months, you would make £32.26 in interest at the end of the 12 months.

Same scenario, but just £50 added each month: £16.13.
£10 would make £3.23.

Pretty pointless gimmick, if you ask me.

The_Green_Hornet

MissRP95 said:

Is anyone using the round up feature? How much did you round up and how much interest did you get?

I haven't used it yet, wondering whether its worth it

Round-up is the digital equivalent of putting your spare change in a jar so that, at the end of the year, you can treat yourself. It is the money you have put aside, and not the interest you receive, that is the important feature. A lot of banks offer this functionality.

RebelB

Daliah said:

MissRP95 said:

Is anyone using the round up feature? How much did you round up and how much interest did you get?

I haven't used it yet, wondering whether its worth it

If you could somehow manage to put an additional £100 into your round-up account each and every 1st of a month, and never withdraw a penny, for 12 months, you would make £32.26 in interest at the end of the 12 months.

Same scenario, but just £50 added each month: £16.13.
£10 would make £3.23.

Pretty pointless gimmick, if you ask me.

I used the round up and manged to round up £10 in Oct, got 1p in interest. I asked the live chat feature and they said the 5% is only on money rounded up during the month, not the whole amount.

I'm not going to use it anymore

masonic

RebelB said:

Daliah said:

MissRP95 said:

Is anyone using the round up feature? How much did you round up and how much interest did you get?

I haven't used it yet, wondering whether its worth it

If you could somehow manage to put an additional £100 into your round-up account each and every 1st of a month, and never withdraw a penny, for 12 months, you would make £32.26 in interest at the end of the 12 months.

Same scenario, but just £50 added each month: £16.13.
£10 would make £3.23.

Pretty pointless gimmick, if you ask me.

I used the round up and manged to round up £10 in Oct, got 1p in interest. I asked the live chat feature and they said the 5% is only on money rounded up during the month, not the whole amount.

I'm not going to use it anymore

I don't think that's true. It clearly states the balance of the account, and immediately underneath "Earning 5% AER". You'd only expect 2p interest if you had rounded up £10 in your first month, spreading transactions evenly across the month, so I'm not convinced the 1p you actually received is not correct. Next month you'd get 4p interest assuming you don't make any more round-ups.