Chase Boosted Saver

thevoid69

clivep said:

I had the email yesterday and have just opened one. I don't expect I'll use it though as we have a number of Cahoot 5% savers and Skipton 4.75% savers.

Cahoot doesn't have an app for their account do they?

wmb194

thevoid69 said:

clivep said:

I had the email yesterday and have just opened one. I don't expect I'll use it though as we have a number of Cahoot 5% savers and Skipton 4.75% savers.

Cahoot doesn't have an app for their account do they?

No it doesn't but you can use your Cahoot login with the Santander app and see your accounts that way. Making payments requires a trick, though, as apparently you need to change the reference each time or it won't work.

poseidon1

Chase has reminded me my boosted offer terminates on 24 October when the interest rate will then collapse to 2.5%.

Just before then I will move a six figure sum elsewhere and see if that, together with the actions of  other like minded Chase saver's triggers a new boost offer.

Mr_blibby

poseidon1 said:

Chase has reminded me my boosted offer terminates on 24 October when the interest rate will then collapse to 2.5%.

Just before then I will move a six figure sum elsewhere and see if that, together with the actions of  other like minded Chase saver's triggers a new boost offer.

just diarised a similar move on our 2 accounts - I like the app and the speed of transfers etc, but not at 2.5% interest ... 

huw01

I've had the email was well saying that the boost is coming to an end, it dropped to 4.3% back in August, I've moved my money to Ulster now as they're offering 4.5% at the moment

allegro120

huw01 said:

I've had the email was well saying that the boost is coming to an end, it dropped to 4.3% back in August, I've moved my money to Ulster now as they're offering 4.5% at the moment

I've moved my money out when they dropped the rate to 4.3%.  I still maintain a small balance because I use Chase for shopping.  I pay £1.5k in monthly for eligibility, but it all goes out on the same day to regular savers.  I like the functionality of Chase app, find it very convenient, but wouldn't hold any substantial amount there if the interest is low.  It's been the same for me with Chase from the beginning.  When they offered 1.5% (the top EA rate was 0.7% at the time) all my float money went there, as soon their rate fell below the top I took money out and it's been in and out since.

friolento

I have now closed all my Chase savers but am keeping the current account in a semi-dormant state, for very occasional spending in foreign currency. And in the hope they will make me an attractive offer for a savings account at some stage in the future 🙂

sausage_time

friolento said:

I have now closed all my Chase savers but am keeping the current account in a semi-dormant state, for very occasional spending in foreign currency. And in the hope they will make me an attractive offer for a savings account at some stage in the future 🙂

I plan to do the same on 28th October when my boost expires.  

BACKTOBACK

I really like Chase, i like the app and customer service is good. But i hate the savings side of them. Its always a promotion for new customers or people who don't currently have savings with them.
Wish they could just offer a standard savings account rate for all customers like most other banks.
I just end up saving with them for six months then leaving and waiting for another offer.
rant over

Mr_blibby

Mr_blibby said:

poseidon1 said:

Chase has reminded me my boosted offer terminates on 24 October when the interest rate will then collapse to 2.5%.

Just before then I will move a six figure sum elsewhere and see if that, together with the actions of  other like minded Chase saver's triggers a new boost offer.

just diarised a similar move on our 2 accounts - I like the app and the speed of transfers etc, but not at 2.5% interest ... 

Just moved mine to Zopa 4.75% which includes the boost for a year - looked at Cahoot, but having no app is a downside for me