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Chase savings 1.8% bonus rate

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  • sausage_time
    sausage_time Posts: 1,491 Ambassador
    Tenth Anniversary 1,000 Posts Name Dropper Photogenic
    Don't see why you need anything in the current account (I have 10p).  The £1500 dance was to enable cashback for a month so not needed for the bonus boost.
    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.
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  • baser999
    baser999 Posts: 1,242 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    On Chases advice I’d frozen the debit card recently as there were a couple of small dodgy transactions appeared, albeit declined as there were only a few pounds in the account. I’d pretty much wound the account down since the monthly requirement went up to £1500. I was getting cashback on my Santander accounts so nothing gained by leaving money with Chase.
    Any way, I got that email this morning so moved some out of Santander to Chase and opened a new saver at the boosted rate.
  • hunsbury0
    hunsbury0 Posts: 276 Forumite
    Part of the Furniture Combo Breaker
    Indout96 said:
    Logged on this morning and had an offer to open a new saver with 6 month bonus rate of 1.8% giving 4.8% in total.
    As I already had 10 savers I had to delete one first and then create a new one which now has the 4.8% rate.
    Not sure if everyone will get offer this but its worth a look
    Is there a maximum limit on what we can get 4.8%? Like same banks only pay for amounts upto 4K. 
  • flaneurs_lobster
    flaneurs_lobster Posts: 6,605 Forumite
    Sixth Anniversary 1,000 Posts Photogenic Name Dropper
    hunsbury0 said:
    Indout96 said:
    Logged on this morning and had an offer to open a new saver with 6 month bonus rate of 1.8% giving 4.8% in total.
    As I already had 10 savers I had to delete one first and then create a new one which now has the 4.8% rate.
    Not sure if everyone will get offer this but its worth a look
    Is there a maximum limit on what we can get 4.8%? Like same banks only pay for amounts upto 4K. 
    £3M across all saver accounts. 
  • hunsbury0 said:
    Indout96 said:
    Logged on this morning and had an offer to open a new saver with 6 month bonus rate of 1.8% giving 4.8% in total.
    As I already had 10 savers I had to delete one first and then create a new one which now has the 4.8% rate.
    Not sure if everyone will get offer this but its worth a look
    Is there a maximum limit on what we can get 4.8%? Like same banks only pay for amounts upto 4K. 
    £3M across all saver accounts. 
    So where will i put the rest? 🤷‍♂️😂😂
  • PegasusPJ
    PegasusPJ Posts: 57 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    edited 29 April at 7:07PM
    Got an email too, I had stopped using them since the change of rules on the cashback and had moved accessible savings to Chip since Chase rates dropped.

    It's an instant account, and pays more than my Chip limited withdrawal one, let alone the chip instant one, so moved back to chase for now.

    We'll see if more follow or when BOE rates drop again..

    Instant is useful to save the paycheck between Payments, and they generally pay far less, if you find them..
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