Chase- second account?

Dfarkas0

Hi all, I'm thinking of using chase as my everyday spending and my Lloyds for my bills, just curios to know if others do this?

I know they a JP Morgan and the US biggest bank , funds are safe in there.

thank you 

WillPS

If you spend on a debit card, and can meet the minimum pay in for cashback, it's pretty much a no brainer to use Chase.

I actually think their savings accounts, which allow both direct debits and standing orders (paid out 7 days a week, unlike traditional banks who will only pay them on working days), are a great choice for bills as well as drip-feeding regular savers etc too.

E_zroda

WillPS said:

If you spend on a debit card, and can meet the minimum pay in for cashback, it's pretty much a no brainer to use Chase.

I actually think their savings accounts, which allow both direct debits and standing orders (paid out 7 days a week, unlike traditional banks who will only pay them on working days), are a great choice for bills as well as drip-feeding regular savers etc too.

AFAIcanremember, in the beginning Chase did not offer DDs at all. Are you saying that while improving the situation, they went further - namely able to pay (both) SOs and DDs on weekends as well? What about Bank Holidays?
Thanks.

MikeJXE

I have been using Chase debit card for everyday spending since November last year, I transfer £100 in every so often from my Santander account. 

Never had any problem with either 

wiseonesomeofthetime

None of my Chase DDs have ever been settled on a weekend.

For example, this month's , that were due on 1st, went out today 🤷‍♂️

Standing Orders and scheduled payments, however, leave on date specified by me 👍

Mr.Generous

Chase is great for general spending, I've had £130 cashback so far, but also a great card to use on holiday - you get the bank rate.

wmb194

wiseonesomeofthetime said:

None of my Chase DDs have ever been settled on a weekend.

For example, this month's , that were due on 1st, went out today 🤷‍♂️

Standing Orders and scheduled payments, however, leave on date specified by me 👍

DDs use Bacs and that's weekdays.

M25

Chase has been great for me the last year as long as £1500 is going through (paid into) the account you get cashback of 1% on card spending.

It's not on all purchases (eg not on most types of insurance) but I've not failed to get £15.00 cashback every month.

Their app is excellent as it allows screengrabs which is handy.

I rememeber setting up the account was a bit of a faff as I had to take a live photo of myself for their ID check.

friolento

Chase is as safe as any other bank licensed in the UK. Try it out to see whether it suits you. If it doesn’t, you can use the account in a switch offer.

Having more than one funded current account, at different financial organisations, is generally considered useful as it reduces your risk of being without money if something goes wrong with one of them.