Before you apply
- Needs a Chase current account.
- The term is 1 year.
What a monthly payment earns
If you pay in each month
- About 6.50% AER on monthly payments for 12 months
- £125.45
- About
- £125.45
Pay in £3,600 over the year, earn about £125.45, finish with about £3,725.45. Why you earn about half the headline.
Before tax. This assumes the stored rate stays the same. Interest is added during the term and compounds on the payments made so far. Information only, not a recommendation.
Is my money safe?
FSCS protected: up to £120,000 per person, per banking licence.
This account is on the J.P. Morgan Europe Limited licence.
Legal name: J.P. Morgan Europe Limited.
Check protection on the FSCS website ↗ (opens in a new tab)Key facts
Money in and out
- Minimum deposit
- £0
- Maximum each month
- £300
- Withdrawals
- Unlimited withdrawals
- Manage
- App only
Interest
- Rate
- 6.50% AER fixed
- Gross rate
- 6.31%
- Interest paid
- Monthly
- Term
- 12 months
Who can open it
- Requirement
- Needs a Chase current account
Source: chase.co.uk · Last verified 17 Oct 2026, 09:38 UK time
Rate history
We started tracking this account on 14 Oct 2026. Further changes will show here.
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