Chase 1.5% Easy Access

S_uk

1882 said:

I haven't seen any iPhone users complaining so there's your answer, get an iPhone. And before anybody assumes I have one ........... yes I do and have had no problems with Chase whatsoever.

I have an android phone that cost less than £200 and have had no problems. I certainly wouldn't be paying a silly price for a flagship phone just to get this or any other account.

masonic

dcs34 said:

Side question, is there clarity on whether the 1% cashback counts as savings interest (i.e. is it taxable)?

Most other accounts advertising cashback are not taxed however HMRC can be inconsistent on this.

HMRC are consistent on this. However, some providers do not structure their incentives in a manner that permits them to be classed as cashback. In this case, it is clearly a discount on a debit card spend, so bone fide cashback. It is not a regular payment made in exchange for non-spending related activities, which would be classed as an annual payment and taxable.

masonic

sebtomato said:

razord said:

Thumbs_Up said:

I have 5 other banking apps no problems, i did speak to Chase support didn't really get a cognative answer other then '' it seems your phone is not supported'' The software coders should be burning the midnight oil to get this fixed.

I suspect they're not particularly interested in supporting 32bit hardware given it's such a small percentage of the market.

I suspect building a website that any device can use, old or new, will probably be more of a priority indeed.

I don't think Chase has any plans to expand to online banking via website. The general trend is a move away from web in favour of app-based.

stylus360

How often is interest paid on the 1.5% element?

refluxer

stylus360 said:

How often is interest paid on the 1.5% element?

Monthly, on the date you opened the account... which will be the 28th for a lot of customers I would imagine ! 1st (oops !)

razord

refluxer said:

stylus360 said:

How often is interest paid on the 1.5% element?

Monthly, on the date you opened the account... which will be the 28th for a lot of customers I would imagine !

Pretty sure it's paid on the 1st for everyone, right? (At least that's what the terms say...)

refluxer

razord said:

Pretty sure it's paid on the 1st for everyone, right? (At least that's what the terms say...)

Yes, you're right. I got it mixed up with one of my other accounts - well spotted !

stylus360

refluxer said:

razord said:

Pretty sure it's paid on the 1st for everyone, right? (At least that's what the terms say...)

Yes, you're right. I got it mixed up with one of my other accounts - well spotted !

I could only find that it’s paid monthly on the 5% top up account. 

Not the 1.5%. 

Thanks. 

refluxer

stylus360 said:

I could only find that it’s paid monthly on the 5% top up account. 

Not the 1.5%. 

Thanks. 

It's mentioned in the T&Cs here.

infoadict

Just a heads up if you are a numpty like me.

To activate the card, you open the app and tap the blue Chase logo on the top of the home screen. Not tap the physical card to your phone like I kept doing (as my phone has NFC)

Plus you can then go into "See Details" and it gives your 16 digit card number, expiry date and CVV numbers, so presumably you can pay for online transactions.