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

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  • TBC15
    TBC15 Posts: 1,496 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    ColdIron said:
    I've stopped using Chase for all but the most trivial spends. 2.00% cashback with the Edge CC is a better option
    £3 monthly fee ?
  • scoobydoo8
    scoobydoo8 Posts: 28 Forumite
    Fifth Anniversary 10 Posts
    dali21 said:
    Yes I did this today.  Earlier posts from others confirm this works.  Thanks to SoulSaver who confirmed this yesterday.
    Still concerned lol. Did you do it after the post by jak22?
  • ColdIron
    ColdIron Posts: 9,848 Forumite
    Part of the Furniture 1,000 Posts Hung up my suit! Name Dropper
    TBC15 said:
    ColdIron said:
    I've stopped using Chase for all but the most trivial spends. 2.00% cashback with the Edge CC is a better option
    £3 monthly fee ?
    Yes but it's still a better return. The cross over point is £300 spend where both return £3. Anything beyond this favours the CC and it's not hard for me to hit the £750 for the max £15 cashback (less the £3 fee). Then I fall back on my Barclaycard 0% 22 month CC for stoozing. I have no obvious use for Chase until 03/24 when the Edge offer ends or the Barclays 0% period reduces to a few months
  • masonic
    masonic Posts: 27,282
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    edited 4 June 2024 at 6:58PM
    dali21 said:
    Yes I did this today.  Earlier posts from others confirm this works.  Thanks to SoulSaver who confirmed this yesterday.
    Still concerned lol. Did you do it after the post by jak22?
    I think that response from customer services can be taken with a large pinch of salt. Some eligibility criteria were posted earlier in the thread. You would need to meet those. I would think anyone who moved £50k+ into their original boosted saver will be out of luck. It seems clear enough what checks are being done in app, and they've not released an app update since this morning, whereas the offer required an app update to be shown.
    On the other hand, this rate will track downward with the base rate, so there are no guarantees it will be competitive after November anyway.
  • scoobydoo8
    scoobydoo8 Posts: 28 Forumite
    Fifth Anniversary 10 Posts
    masonic said:
    dali21 said:
    Yes I did this today.  Earlier posts from others confirm this works.  Thanks to SoulSaver who confirmed this yesterday.
    Still concerned lol. Did you do it after the post by jak22?
    I think that response from customer services can be taken with a large pinch of salt. Some eligibility criteria were posted earlier in the thread. You would need to meet those. I would think anyone who moved £50k+ into their original boosted saver will be out of luck. It seems clear enough what checks are being done in app, and they've not released an app update since this morning, whereas the offer required an app update to be shown.
    On the other hand, this rate will track downward with the base rate, so there are no guarantees it will be competitive after November anyway.
    Did it and it worked!
  • gt94sss2
    gt94sss2 Posts: 6,097 Forumite
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    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 
    If you leave Chase, they also don't allow ex-customers to rejoin
  • Johnny-Cage
    Johnny-Cage Posts: 266 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    gt94sss2 said:
    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 
    If you leave Chase, they also don't allow ex-customers to rejoin
    Thx for that so always leave the current account open incase I ever need a saving account with them in future 

  • Seen this just now [5th June]. I have a saver account with Chase a4 4.1% [thanks MSE] and I immediately applied to upgrade. Successful!! [thanks again MSE]
  • ashteadgirl
    ashteadgirl Posts: 290 Forumite
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    Just closed my old 5.1% account and opened new one with bonus until Jan. Thank for all the info on here. Was dubious the loophole may have been close by this morning but all went fine.
  • Just closed my old 5.1% account and opened new one with bonus until Jan. Thank for all the info on here. Was dubious the loophole may have been close by this morning but all went fine.
    Just managed to do the same. Great stuff.
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