Chase - Free £50 for Opening an Account

Overview

Chase (owned by JP Morgan) offers a UK current account with a £50 sign-up bonus when you deposit £1,000. The account also earns 1% cashback on groceries, transport, and fuel.

How to Claim

1. Download the Chase App and open a current account
2. Select the referral offer in the rewards section
3. Enter the referral code (must be within 30 days of opening your account)
4. Deposit £1,000 within 30 days (can be accumulated through multiple deposits)
5. Receive £50 bonus once conditions are met

Requirements

• Must be a new Chase customer (not applied before 3 December 2025)
• Must be eligible to join Chase
• UK resident, aged 18+
• Must use a valid referral code to activate the offer
• Referral code must be used within 30 days of opening your account
• Must deposit at least £1,000 within 30 days (multiple deposits count towards this total)
• Must not close your Chase account or deactivate rewards until the bonus is paid

Key Benefits

• 1% cashback on groceries, transport, and fuel (ongoing)
• Chase is backed by JP Morgan — one of the world's largest banks
• FSCS protected up to £85,000

Important Notes

• The £1,000 deposit can be withdrawn after the bonus is credited
• Chase will notify the referrer once you meet the conditions
• If you're a JPMorgan Group staff member or client, you cannot use a staff member's referral code
• The Chase debit card stacks with gift card cashback apps for extra rewards