+£50
13 mins
Chase
£50 Free Cash•13 mins
£50 Free Cash
+£50What is Chase?
Chase is the UK digital banking arm of JPMorgan Chase, one of the world’s largest financial institutions. Their app-based current account offers cashback on spending, round-up savings, and no foreign transaction fees.
Chase has over 2 million UK customers and is one of the highest-rated banking apps available.
Launched
2021
Customers
2.5m+
Google Play
4.7 (114k)
★★★★★★
Key Terms
Profit
+£50
Credit checkSoft check
Deposit£1,000
Free cash£50
Free cash arrives24 hrs
Step by Step Guide
Chris's overview
Optional·1 min read
Chase is offering £50 free cash when you open an account using a referral code and deposit £1,000 within 30 days. The deposit can be spread across multiple transfers — it just needs to total £1,000 within the timeframe.
This is a straightforward offer. You’ll need the referral code shown below to enter in the Chase app after downloading. Once your deposits hit £1,000, £50 will be credited to your rewards balance. You can withdraw your money after that.
1
Sign up to Chase
You are here8 mins
- Copy the referral code shown above and download the Chase app.
- Open a Chase current account through the app.
- Go to the Rewards section and enter the referral code to activate the offer.
- You must enter the code within 30 days of opening your account.
On desktop? Scan QR code on your phone
2
Deposit £1,000
3 mins
- Transfer a total of £1,000 into your Chase account within 30 days of opening.
- This can be across multiple deposits — they just need to add up to £1,000.
- You can withdraw the money after the bonus is paid.
3
Receive £50 free cash
2 mins
- Once you’ve deposited £1,000, Chase will credit £50 to your rewards balance.
- Transfer your rewards balance to your Chase current account or saver to access the cash.
Offer Complete
Done? Tick off each step above to see your total.
Quidsy Share: More Free Cash
Make £50 per friend with Chase
Chase gives you £50 for every friend you refer, up to a maximum of 5 friends.
1Add your Chase code to Quidsy
If you don't have a referral code yet, check back in 30 days in case Chase has given you one.
2Share your Quidsy link
Your friends will always see your links, such as Chase, in the guide above.
Sign in to grab your Quidsy invite link and start earning.
Quick Chase Review
Completed the offer? Awesome! Here's our full review on why Chase could work well for you going forward.
Chase at a glance
Updated:
An app-only UK bank from one of the world's biggest banking groups, built around a slick everyday account, a base-rate-linked saver and an in-app rewards programme. Quidsy has a live £50 free cash referral, which lands once you've opened the account and run a small deposit through. The catch sits in year two, when keeping the cashback gets harder.
Customers
2.5m
UK accounts
Founded
2021
5 years old
App Store
4.9 ★
260k reviews
Google Play
4.7 ★
114k reviews
Yes, for most people Chase is well worth having alongside your main current account. The £50 free cash referral is one of the easiest 10-minute wins I've come across, and the £1,000 you deposit to qualify isn't locked up: you can move it straight back out once the bonus has landed. So in practice you're getting £50 for opening an account, downloading the app and shuffling money around for half a morning.
After the bonus, Chase earns its keep as a second account in two ways. The 1% cashback on everyday spending in the first 12 months is genuine money back, up to £15 a month if you put your weekly shop through it. And the boosted savings rate for new customers is one of the better easy-access deals going right now, even though the variable rate will drift down if the Bank of England cuts.
The catch is year two. The cashback gets harder to hold onto (you need £1,500 paid in monthly to keep it), and the savings boost ends. Treat Chase as a strong first year and then re-evaluate. For the time it takes to open, it's an easy yes.
