Anybody here use Chase bank?

clive0510

I just happened to see an advert for chase bank- 2% cashback on all spending with a max of £20 cashback pcm.

this is a good deal on the face of it, but does any body here actually know, is this any good? or maybe more to it than meets the eye?.

la531983

It isnt "all spending". Its certain types of spending.

You also need to hold at least £1k in a savings account with them at all times, and make at least 15 transactions a month.

MSE_ForumTeam5

We've moved this to the part of the forum that deals with current accounts

You'll find several lengthy threads about Chase here.

This recent MSE news article may also be relevant

https://www.moneysavingexpert.com/news/2026/6/chase-cashback-criteria-change/

clive0510

https://forums.moneysavingexpert.com/discussion/comment/82061323#Comment_82061323

as i suggested in my o/p there is more to it than meets the eye. i just want straight forward cash back into my account, which is what I get with my current supplier. thanks for the replies.

flaneurs_lobster

It's a pretty simple cashback system.

If you can spend £1000/mth on/at the goods/retailers that are on their list then you will make £18.

I've knocked £2 off for the lost interest on the £1000 you need to hold in their savings account (that you could have earned elsewhere at 4.5%).