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Chase 5.1% Saver Account - 1% boost until January [updated]

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  • jaypers
    jaypers Posts: 1,045 Forumite
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    What’s the withdrawals like on Chase are they instant or does it have a cut off time 
    As a big Bank, Chase use Faster Payments which is pretty much immediate. When paying away from Chase, you’ll see the transaction go into ‘Pending’ for around 30-60 seconds while automated security checks take place and then it is done ‘Complete’. 
  • Johnny-Cage
    Johnny-Cage Posts: 266 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    jaypers said:
    What’s the withdrawals like on Chase are they instant or does it have a cut off time 
    As a big Bank, Chase use Faster Payments which is pretty much immediate. When paying away from Chase, you’ll see the transaction go into ‘Pending’ for around 30-60 seconds while automated security checks take place and then it is done ‘Complete’. 
    Thx might as well empty my Tandem at 4.90% and move the funds to Chase 
  • Johnny-Cage
    Johnny-Cage Posts: 266 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Can you close the current account it’s opened and just keep the saver 
  • jaypers
    jaypers Posts: 1,045 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    Can you close the current account it’s opened and just keep the saver 
    Don’t think so but why would you?
  • Johnny-Cage
    Johnny-Cage Posts: 266 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    jaypers said:
    Can you close the current account it’s opened and just keep the saver 
    Don’t think so but why would you?
    Just an account that I won’t use, guess no biggy leaving it on 0 balance then 
  • jaypers
    jaypers Posts: 1,045 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    jaypers said:
    Can you close the current account it’s opened and just keep the saver 
    Don’t think so but why would you?
    Just an account that I won’t use, guess no biggy leaving it on 0 balance then 
    I quite like the 1% cashback. My main a/c is elsewhere but I use Chase for day to day spending. 
  • ColdIron
    ColdIron Posts: 9,848 Forumite
    Part of the Furniture 1,000 Posts Hung up my suit! Name Dropper
    I've stopped using Chase for all but the most trivial spends. 2.00% cashback with the Edge CC is a better option
  • What’s the withdrawals like on Chase are they instant or does it have a cut off time 
    Usually done within 60 seconds, however they regularly slow down between 1700-1900 and can take up to 20 minutes to move. This is quite frequent even when making payments to regular payees. Not sure what they do at this time of the day but can be frustrating at times.
  • scoobydoo8
    scoobydoo8 Posts: 28 Forumite
    Fifth Anniversary 10 Posts
    jak22 said:
    I asked by message in the app to transfer to the new expiry account but the answer was - anyone who's opened the bonus saver 1 isn't eligible as the offer has been made available for those unable to open the first one.
    Then asking if closing an existing one made you eligible for the new one the answer was again no as one of the eligibility criteria is that customers who have already opened a bonus 1 won't be eligible for a bonus 2.
    Clearly posters' experiences differ from the info available to their agents.
    Has anyone else closed their Nov account and been able to open a Jan account since? I'm worried about closing my existing account and not being able to open a Jan account...
  • dali21
    dali21 Posts: 192 Forumite
    Part of the Furniture 100 Posts Photogenic Name Dropper
    Yes I did this today.  Earlier posts from others confirm this works.  Thanks to SoulSaver who confirmed this yesterday.
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