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Switching from Chase

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I read on here Chase is good to create an account to switch for switch bonuses as you can create multiple accounts with them. But I wanted to check that when you switch it just closes that specific account with Chase and not the original main account?

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  • phil7445
    phil7445 Posts: 485 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    So some people are saying it does work and some are saying it doesn't! Agh!!
  • Volcane
    Volcane Posts: 325 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Certainly worked for me n a recent switch to Lloyds bank.
    Best Regards,

    V
  • Opted to switch from Chase to First Direct and are having nothing but trouble. Chase saying its FD's fault then vice versa so in the end called FD and they have said Chase have notified them that my account with Chase is not switch compatible?? My money was in a savings account which I transferred over into an everyday spending account!!

    Does not seem right to me so have emailed the Ombudsman, any answers out there?
  • Olinda99
    Olinda99 Posts: 2,042 Forumite
    1,000 Posts Third Anniversary Name Dropper
    I switched from Chase to Nationwide with no problems

    it was my main Chase account I switched

    one thing to note is that you have to close all accounts with Chase other than the current account in order for the switch to go through - that includes your savings account and in particular your roundup account if you have one
  • BarGin
    BarGin Posts: 976 Forumite
    Part of the Furniture 500 Posts Name Dropper
    Has anyone tried switching their Chase savings account to another Bank? Or, alternatively, is it possible to convert a Chase savings account to a current account? I currently have all my direct debits, standing orders from and payments in to my savings account.
  • penners324
    penners324 Posts: 3,511 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    Not possible and not possible 
  • phil7445 said:
    I read on here Chase is good to create an account to switch for switch bonuses as you can create multiple accounts with them. But I wanted to check that when you switch it just closes that specific account with Chase and not the original main account?
    Correct as long as you don’t give the main account details. I’ve got a switch going through at the moment on a child account t 
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