How can I get the Chase saver with a boosted rate?

If you're eligible, you'll see an option to open a Chase saver with a boosted rate from 'Save & Invest' in the Chase app. This offer is only available to customers who joined Chase from 9 December 2024. Eligible customers will need to open a Chase saver with a boosted rate within 31 days of joining Chase.

From time to time, we run offers that are available to customers at different points in their relationship with Chase – this is a limited offer that isn't available to everyone right now. You can only have one Chase saver with a boosted rate at a time.

What is the Chase saver with a boosted rate?

The Chase saver with a boosted rate works the same way as a standard Chase saver account. However, it includes a 1.25% AER boost added on top of the standard Chase saver variable rate, which is currently 3.5% AER (3.45% gross). This boost will run for 6 months.

You can have up to 10 saver accounts with us at any one time – but only one can have a boosted rate. It's also an instant-access account, so your money's not locked away.

What's the interest rate on the account?

The standard Chase saver variable interest rate is currently 3.5% AER (3.45% gross), calculated every day and paid every month.

Your interest rate with the boost is currently 4.75% AER (4.65% gross) variable for 6 months, calculated daily and paid monthly. After 6 months, the interest rate will change to the standard variable interest rate for the Chase saver account. We'll let you know when this is about to happen.

Can the interest rate change?

Your 1.25% AER boost is fixed for 6 months and will be added on top of the standard Chase saver variable rate.

The standard Chase saver variable rate is tied to the Bank of England base rate. This means 5 business days after the Bank of England base rate changes, the AER of the standard Chase saver will also change to 1.25% below theirs. You can find the Bank of England rate on their website (Opens in new window) For more info about our saver rates, see our interest rates page.

What would the estimated balance be after 6 and 18 months, based on a £1,000 deposit?

If you put in £1,000 on the first day you open the account, with the boosted rate of 4.75% AER, you'll have a total balance of £1,023.47 after 6 months.

After 18 months (including the initial 6 months on the boost), you’ll have a total balance of £1,059.30 including your interest.

These figures assume that nothing changes (including the standard Chase saver variable rate).

How do I know which Chase saver with a boosted rate offer I have?

You can find out which Chase saver with a boosted rate you have from the Chase app. Just head to 'Save & Invest' then tap on your boosted rate account. Next, tap on the interest rate and you'll see a pop-up with more information on your interest rate – including the end date of your Chase saver with a boosted rate.

You can find and download the terms and conditions for this offer on our website and in the Chase app. Just head to 'Profile' then 'Legal' and you'll find it listed under 'Accounts'.

What happens when my boosted rate ends?

You'll still have the account but the interest rate will change to the standard Chase saver variable interest rate at the time. This will happen automatically so there's nothing you need to do.

After your boosted rate ends, you'll get a statement and be paid any interest earned since the start of that month. You can find this with your other statements from 'Profile' in the Chase app.