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Chase Bank paying 1% interest on Current Account
in Savings & investments
26 replies 1.9K views
Email just now from them starting 24 th April .Better than nothing I suppose and my 1% cashback ends soon
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If Chase ever offer CASS, cashback on DDs, the market leading savings rate, and auto-refill from their savings account, or something along those lines, I will reconsider.
Why would anyone leave money in the current account earning 1% when it would earn over 3 times more in the saver.
It does though remind me of the halcyon days of the Santander 123 with 3% on up to £20k.
Now that was current account interest worth shouting about.
You cannot even determine which current account the CPA comes out of (if you have multiple current accounts) because they will always come out of the current account upon which the debit card is assigned at that precise moment of calling for the payment.
My DDs and SOs come out of three separate savings accounts, with ease.