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

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  • RedImp_2
    RedImp_2 Posts: 546 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Just twigged to empty my round ups pot (only £50 mind) but the interest rate in the saver is higher than the round up 
  • jaypers
    jaypers Posts: 1,045 Forumite
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    RedImp_2 said:
    Just twigged to empty my round ups pot (only £50 mind) but the interest rate in the saver is higher than the round up 
    That 5p over the course of a year will make all the difference  :p
  • sausage_time
    sausage_time Posts: 1,483 Ambassador
    Tenth Anniversary 1,000 Posts Name Dropper Photogenic
    jaypers said:
    RedImp_2 said:
    Just twigged to empty my round ups pot (only £50 mind) but the interest rate in the saver is higher than the round up 
    That 5p over the course of a year will make all the difference  :p
    My balance is more than £5.   :D
    I’m a Forum Ambassador and I support the Forum Team on the Credit CardsSavings & investments, and Budgeting & Bank Accounts boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.
    All views are my own and not the official line of MoneySavingExpert.
  • sausage_time
    sausage_time Posts: 1,483 Ambassador
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    qbadger said:
    £50*(5.1%-5.0%)=£0.05
    The bonus is 1%, not 0.1%
    I’m a Forum Ambassador and I support the Forum Team on the Credit CardsSavings & investments, and Budgeting & Bank Accounts boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.
    All views are my own and not the official line of MoneySavingExpert.
  • qbadger
    qbadger Posts: 89 Forumite
    Second Anniversary 10 Posts Name Dropper
    RedImp_2 said:
    Just twigged to empty my round ups pot (only £50 mind) but the interest rate in the saver is higher than the round up 
    See Above. We are talking about the Round up account, which has the interest rate of 5%
  • sausage_time
    sausage_time Posts: 1,483 Ambassador
    Tenth Anniversary 1,000 Posts Name Dropper Photogenic
    qbadger said:
    RedImp_2 said:
    Just twigged to empty my round ups pot (only £50 mind) but the interest rate in the saver is higher than the round up 
    See Above. We are talking about the Round up account, which has the interest rate of 5%
    Ah, OK....
    I’m a Forum Ambassador and I support the Forum Team on the Credit CardsSavings & investments, and Budgeting & Bank Accounts boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.
    All views are my own and not the official line of MoneySavingExpert.
  • snnexus6
    snnexus6 Posts: 16 Forumite
    Part of the Furniture 10 Posts Photogenic Combo Breaker
    Just "upcycled" my Saver - closed my 4th November one, and opened a 16th January one.    I was going to leave it until closer to November in case a longer extension came along.
    Yep, same.
    Was also a bit apprehensive closing the account as it's currently my main/highest easy access saver, but it worked fine.
    Less than 2 days to get sorted if you are in a similar position....
  • Mr_blibby
    Mr_blibby Posts: 52 Forumite
    Seventh Anniversary 10 Posts Combo Breaker
    edited 16 July 2024 at 10:36AM
    Just "upcycled" my Saver - closed my 4th November one, and opened a 16th January one.    I was going to leave it until closer to November in case a longer extension came along.
    were you able to do that all on the app or did you have to do via chat ?
  • Mr_blibby
    Mr_blibby Posts: 52 Forumite
    Seventh Anniversary 10 Posts Combo Breaker
    MSE_Gavin said:
    Hi folks!

    We've just published a news story on the Chase boosted saver offer coming to a close:

    Last chance: Grab Chase's 5.1% easy-access savings deal before it's pulled on Wednesday


    Click reply below to discuss.
    If you haven’t already, join the forum to reply.
    Hi, Chase telling me I cant 'upgrade' my existing boosted account from the November to the Jan timeline as I have an existing boosted account.....not quite the impression I got from the article, but I may have misinterpreted it
  • sausage_time
    sausage_time Posts: 1,483 Ambassador
    Tenth Anniversary 1,000 Posts Name Dropper Photogenic
    Mr_blibby said:
    Just "upcycled" my Saver - closed my 4th November one, and opened a 16th January one.    I was going to leave it until closer to November in case a longer extension came along.
    were you able to do that all on the app or d.id you have to do via chat ?
    Did it all on the app.  Took a couple of minutes.  Had to close original saver, balance plus interest moved to current account, new saver opened, balance plus interest moved back.  New account number noted (same sort code).
    I’m a Forum Ambassador and I support the Forum Team on the Credit CardsSavings & investments, and Budgeting & Bank Accounts boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.
    All views are my own and not the official line of MoneySavingExpert.
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