Chase UK

Chase UK is the British arm of JPMorgan Chase, launched in 2021. It quickly became one of the most popular new bank accounts in the UK thanks to its standout feature: 1% cashback on everyday debit card spending for the first 12 months after opening, up to £15 per month.

Beyond the cashback, Chase offers a competitive instant-access savings account (rates vary), round-up rewards to a separate savings pot, and zero fees for UK and international spending. The app is polished and feature-rich, making it easy to track cashback and manage your money.

As a beermoney strategy, Chase is compelling for daily spenders. If you spend £500/month on everyday purchases, you'll earn £60/year just in cashback — passively, on spending you'd do anyway. Combine this with the savings interest and it becomes one of the most straightforward bank account bonuses available.

Note: The 1% cashback offer has terms — it applies to most everyday debit card spending but excludes some categories (fuel over £99, gambling, etc.). Always check current T&Cs as the offer may change.