Chase increases easy access savings rate to 5% for new customers

Chase has been popular with savers with its competitive savings deals – but does its new improved bonus interest fixed rate make it a best buy and who is eligible?

Chase logo on mobile phone
(Image credit: Jaque Silva/NurPhoto via Getty Images)

Chase has introduced a new bonus offer, giving new customers the opportunity to earn a 5% interest rate for up to one year. It makes it one of the best savings accounts on the market for instant access – but not everyone will qualify.

Chase’s easy access saver account has a variable interest rate but savers can also get a boosted fixed rate on top of this, which lasts for a limited time.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
Jessica Sheldon
Deputy Digital Editor

Jessica is a financial journalist with extensive experience in digital publishing.

She was previously Digital Finance Editor at GB News and Personal Finance Editor at Express.co.uk. She enjoys writing about savings, pensions and tax, and is passionate about promoting financial education.