MSE News: Chase makes changes to its popular current account for new and existing customers

MSE_Gavin
MSE_Gavin Posts: 21 MSE Staff
Second Anniversary First Post
edited 17 February 2023 at 3:22PM in Budgeting & bank accounts
Chase Bank has announced a shake-up to its popular current account. The move impacts both new signups, as well as Chase's existing 1 million UK customers. Below we explain what's changing and how Chase now compares with other accounts. 

Read the full story here:

https://www.moneysavingexpert.com/news/2023/02/chase-cashback-changes/

Click reply below to discuss. If you haven’t already, join the forum to reply.
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Comments

  • Frogletina
    Frogletina Posts: 3,914 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    New offer in my Chase account today. 

    1% Cashback for a year from 1st March with £500 a month pay in. Transfers need to be paid into the current account as internal transfers will not count.

    Not Rachmaninov
    But Nyman
    The heart asks for pleasure first
    SPC 8 £1567.31 SPC 9 £1014.64 SPC 10 # £1164.13 SPC 11 £1598.15 SPC 12 # £994.67 SPC 13 £962.54 SPC 14 £1154.79 SPC15 £715.38 SPC16 £1071.81⭐⭐⭐⭐⭐⭐⭐⭐⭐Declutter thread - ⭐⭐🏅
  • That’s interesting - had your previous 1% offer expired?
  • Frogletina
    Frogletina Posts: 3,914 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    That’s interesting - had your previous 1% offer expired?
    No, it doesn't expire until end of March
    Not Rachmaninov
    But Nyman
    The heart asks for pleasure first
    SPC 8 £1567.31 SPC 9 £1014.64 SPC 10 # £1164.13 SPC 11 £1598.15 SPC 12 # £994.67 SPC 13 £962.54 SPC 14 £1154.79 SPC15 £715.38 SPC16 £1071.81⭐⭐⭐⭐⭐⭐⭐⭐⭐Declutter thread - ⭐⭐🏅
  • New offer in my Chase account today. 

    1% Cashback for a year from 1st March with £500 a month pay in. Transfers need to be paid into the current account as internal transfers will not count.

    Thanks for sharing. I’ve not received that message, but my first 12 months doesn’t end until April. It would appear that £500 deposit per month was the most popular response customers gave in the recent survey.
  • It's down in the rewards section for me, I didn't get an email or popup or anything like that.

    My current 1% was also extended until April.
  • I've just checked and have that same cashback offer with t&cs. I thought my current 1% cashback ended this month, but in the rewards section of the app it says end Apr.
  • Band7
    Band7 Posts: 2,285 Forumite
    1,000 Posts Name Dropper
    Could a Mod please merge this thread with the existing Chase thread
  • Catplan
    Catplan Posts: 409 Forumite
    Sixth Anniversary 100 Posts Name Dropper
    I've just checked and have that same cashback offer with t&cs. I thought my current 1% cashback ended this month, but in the rewards section of the app it says end Apr.
    Yeah I got email today saying it’s extended until 1st April while they get new cashback ready, also 1% on current account starting in April, hardly ground breaking, but it’s a change. Max £15 a month cashback.
  • Catplan said:
    I've just checked and have that same cashback offer with t&cs. I thought my current 1% cashback ended this month, but in the rewards section of the app it says end Apr.
    Yeah I got email today saying it’s extended until 1st April while they get new cashback ready, also 1% on current account starting in April, hardly ground breaking, but it’s a change. Max £15 a month cashback.
    Presumably you could make a £1500 debit card payment into Skipton BS to get the £15 each month. Worth a try!
    55378008
  • Shedman
    Shedman Posts: 1,566 Forumite
    Tenth Anniversary 1,000 Posts Photogenic Name Dropper
    Catplan said:
    I've just checked and have that same cashback offer with t&cs. I thought my current 1% cashback ended this month, but in the rewards section of the app it says end Apr.
    Yeah I got email today saying it’s extended until 1st April while they get new cashback ready, also 1% on current account starting in April, hardly ground breaking, but it’s a change. Max £15 a month cashback.
    Presumably you could make a £1500 debit card payment into Skipton BS to get the £15 each month. Worth a try!
    Don't think that would work as one of the exclusion is

    • Account and prepaid card funding
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