Chase axes boosted rate for easy access savers – what are the alternatives?

Chase has stopped offering a boosted interest rate on its easy access savings account. We look at where else you can put your money.

Chase Bank app on a phone on top of a laptop
(Image credit: NurPhoto via Getty Images)

Interest rates on Chase’s popular easy access saver have been cut by 1.8% percentage points after the bank axed its boosted rate on 10 July in a blow to consumers.

Since the end of April, Chase offered a 1.8% boost to their easy access savings account on top of the underlying variable rate, but this has now been scrapped after a period of “significant demand”.

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Daniel is a digital journalist at Moneyweek and enjoys writing about personal finance, economics, and politics. He previously worked at The Economist in their Audience team.

Daniel studied History at Emmanuel College, Cambridge and specialised in the history of political thought. In his free time, he likes reading, listening to music, and cooking overambitious meals.