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Digital Bank Chase ‘Refer a Friend’ Scheme Launches

  • Existing Chase customers will be rewarded with £20 for each of the first 20 family and friends they refer
  • The referee will also be rewarded £20 once they’ve joined and deposited £20 within 30 days of opening their Chase account
  • The new offer is the latest addition to Chase’s rewarding banking experience and follows the recent launch of the Chase Saver account with an interest rate of 1.5% AER*

London, May 12, 2022: Digital bank Chase has today introduced a refer-a-friend offer, rewarding existing customers with £20 when they successfully** refer family and friends to open a Chase current account.

New customers who have been referred to Chase, and deposited a minimum of £20 into their account within 30 days, will also receive £20.***

Customers will be able to retrieve their unique referral link from within the Chase app to share with family and friends. With many customers already making the most of Chase’s everyday rewards programme, the new initiative will help customers to easily share and recommend the Chase account.

Deborah Keay, Chief Marketing Officer of Chase in the UK, said: “The new refer-a-friend offer is just a small token from us to reward our customers and make it easy for them to share and recommend the Chase experience to their family and friends. With our new refer-a-friend offer and the recent launch of the Chase Saver, customers banking with Chase can enjoy one of the most competitive current accounts on the market“.

This new addition is the latest in a number of features from Chase aimed at offering a rewarding banking experience to customers. Chase most recently launched a new savings option with a competitive interest rate of 1.5% AER*, alongside 1% cashback on everyday debit card spending**** and 5% AER interest on small change roundups*****.

Customers can open a current account in minutes via the simple and intuitive app and for any questions, customers can connect to a customer support specialist, with just a few taps in the Chase app – 24 hours a day, 7 days a week.

Additional information:

*1.5% AER (1.49% gross) variable, paid monthly. T&Cs apply

**In order to successfully refer a new customer and earn £20, the new customer must be eligible to join Chase, use the referral code when they sign up to Chase, not have opened or tried to open a current account with Chase before, will need to activate rewards in the Chase app, and pay in at least £20 to their Chase account within 30 days

***T&Cs apply

****Cashback exceptions apply

*****5% AER (4.89% gross) variable, paid monthly. T&Cs apply

About Chase in the UK

Chase is the consumer and commercial banking business of JPMorgan Chase & Co (NYSE: JPM), a leading global financial services firm with assets of $4.0 trillion and operations worldwide.

The UK bank is designed specifically to meet the needs of customers in the country, providing a range of banking products and features. In the UK, Chase is a trading name of J.P. Morgan Europe Limited. J.P. Morgan Europe Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.

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