In this guide

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  • Details
    • Account overview
    • Product management
  • Frequently asked questions
  • Your reviews
Chase – The Chase Saver Account - 5.1% AER until Jan 16 2025
Interest rate
5.1% AER variable (includes a 1% bonus )
Easy access
Open via mobile app

Our verdict

With interest rates on the rise, it’s a good time to find a better savings deal... like this competitive offering from Chase.

Chase is offering a high rate without restricting your access to your hard-earned money – great! The catch is that you have to open a Chase current account first. If you're OK with that, then you'll enjoy the slick app and features like goals and round-ups. Plus it's pretty seamless to open multiple of these accounts through the app (up to 10 of them in fact) – so you could have one for a rainy day, one for that special holiday, one for a new car, etc. etc. get the picture!


  • Earn 5.1% AER variable interest
  • Easy access
  • FSCS protected
  • Easy to open and manage via the app
  • Open up to 10 accounts to save for different goals


  • You’ll need to hold a Chase bank account to qualify
  • No branches if you prefer face-to-face banking

In this guide

  • Our verdict
  • Details
    • Account overview
    • Product management
  • Frequently asked questions
  • Your reviews


Account overview

Account name Chase Saver Boosted Rate Offer
Account type Variable
Provider Chase
Interest rate 5.1% AER variable (includes a 1% bonus )
Gross Rate 4.98%
Interest paid Monthly
Interest paid details 1st of Month
Access to branch network
Min. opening balance £0
Maximum deposit £1,000,000
Min. operating balance £0
Applicant min. age 18
Tax note Interest is paid without tax being deducted, but may be taxable depending on your personal circumstances
Withdrawals Easy access

Product management

Open via mobile app
Operate via app
Open via website
Operate via website
Open via branch
Operate via branch
Open via phone
Operate via phone
Open via post
Operate via post

Digital banking brand Chase is owned by global finance giant JP Morgan Chase. It launched in the UK in 2021 and offers both a current account and a savings account. Here’s all you need to know about its saving option.

What is the Chase Saver account?

The Chase Saver account is an easy access savings account, meaning you can add to your funds or withdraw them whenever you want to. The account pays an interest rate of 5.1% AER (variable) and can be managed via the Chase banking app. You can start saving with as little as you like, up to a maximum of £1,000,000.

The caveat is that you’ll need to open a Chase current account to qualify.

How does it work?

The Chase Saver account offers the following key features:

  • Monthly interest. Earn 5.1% AER (variable) on balances up to £1,000,000 on all saver accounts you hold with Chase. Interest is calculated daily and paid monthly.
  • Free extra accounts. You can open up to 10 saver accounts in the app to help you save for different goals, plus set targets to track your progress.
  • Easy access. Withdraw money from your account whenever you need to, with no penalty fees.

Who is it for?

The Chase Saver account could be suitable for anyone looking for an easy access savings account that pays a competitive rate of interest. You will need to be happy managing your account via the app only.

To qualify, you’ll also need to open a Chase Current Account, which means you’ll need to:

  • Be at least 18 years old
  • Be a UK resident
  • Have a smartphone and UK mobile phone number
  • Be a tax resident of the UK

What are the benefits?

The Chase Saver account is an easy access account, which means customers can pay in and withdraw funds whenever they need to with some limitations. There is a £25,000 daily transfer limit, a £500 daily cash machine withdrawal limit and when abroad, you can only withdraw £1,500 per calendar month. What’s more, it currently offers one of the most competitive easy access interest rates on the market.

Although customers will need to open a Chase Current Account as well, this also offers a range of benefits. You’ll be able to earn cashback for a year, for instance. Plus, Chase won’t charge you for using your card abroad (merchants and ATMs may have their own charges). You can read more about the current account in our review.

How to apply

To apply for the Chase Saver account you’ll first need to open a Chase Current Account (if you haven’t already) by downloading the app from the App Store or Google Play Store.

You can then login to the app, select ‘Save and Invest’ and follow the instructions to open a savings account.

Is it safe?

Chase is a subsidiary of JP Morgan which is authorised by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority (FCA) and the PRA. This means that your money will be protected by the Financial Services Compensation Scheme (FSCS) which covers deposits of up to £85,000 per person.

Customer service information for Chase

Email support
Telephone support
In-app or live chat
Contact form
Branch support
We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you. Most of the data in Finder's comparison tables has the source: Moneyfacts Group PLC. In other cases, Finder has sourced data directly from providers.

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