📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Chase Round Up - Not getting 5% interest

I’ve searched forum and can’t see my exact issue. Apologies if I’ve missed it though of course.
I have a round up account with Chase Bank which is supposed to pay 5% interest. Balance for June roundup was £15ish at the beginning of June. But I received 5p in interest from Chase for the month of June.  
I believe this should be closer to 75p as it should be for 5% interest on £15 balance.
I’ve tried asking Chase CS but they keep quoting scripts to me that have nothing to do with the interest I’ve been paid on this account. It’s such a low amount too and I’m starting to feel
a bit silly. 
TIA for any help 😊
Lancashire
PV 5.04kWp SW facing
Solar Battery 6.5 kWh 
🐙 Intelligent Go

Mortgage freedom January 2024 - paid off 7 years early by making overpayments where we could.

Comments

  • Billxx
    Billxx Posts: 292 Forumite
    Sixth Anniversary 100 Posts Name Dropper Photogenic
    Remember it is 5% AER, that is you will get roughly 5% / 12 per month. 

    Kind Regards,

    Bill
  • SuzeQStan
    SuzeQStan Posts: 1,624 Forumite
    1,000 Posts Fourth Anniversary Homepage Hero Photogenic
    Thanks Bill - That’s where I’ve been going wrong 😊👍🏻
    Lancashire
    PV 5.04kWp SW facing
    Solar Battery 6.5 kWh 
    🐙 Intelligent Go

    Mortgage freedom January 2024 - paid off 7 years early by making overpayments where we could.

Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.6K Banking & Borrowing
  • 253K Reduce Debt & Boost Income
  • 453.4K Spending & Discounts
  • 243.6K Work, Benefits & Business
  • 598.3K Mortgages, Homes & Bills
  • 176.7K Life & Family
  • 256.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.