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Chase: £50 Free Cash

13 mins£231/hr

5.0 41 completed

£50

Chase is a digital bank offering an app-based current account with cashback, round-up savings and fee-free spending abroad.

Chris

Offer overview

Chris · Your personal guide

Sign up with the code

  • Sign up for a Chase current account using the referral code below.

  • Add the code in the app's Rewards section within 30 days of opening your account.

Credit check
Soft check

Step by Step Guide

1
Start here
Sign up to Chase
8 mins
  • 1
    Copy the referral code, then continue in the Chase app.
  • 2
    Open a Chase current account through the app.
  • 3
    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.

Up next · 2 steps
2
Deposit £1,000
3 mins
  • Transfer a total of £1,000 into your Chase account within 30 days of opening.
  • You don’t need to deposit it all in one go. For example, four transfers of £250 works just as well, as long as they add up to £1,000.

    Space the transfers a day or two apart. Paying in the full amount in one go can sometimes trigger security checks at the bank you’re transferring from.

    You can withdraw the money after the bonus is paid.

3
Receive £50 free cash
2 mins
  • 1
    Once you’ve deposited £1,000, Chase will credit £50 to your rewards balance.
  • 2
    Transfer your rewards balance to your Chase current account or saver to access the cash.
3 steps to £50

Member experiences

41 completions (all-time offers)3 days ago last paid

How fast members were paid

Days from meeting the criteria to the cash arriving

under 1

Average days

  • 20 in 1 to 3 days
  • none in 4 to 7 days
  • none in 8 to 14 days
  • none in 15 to 30 days

20 member timings (current offer)

Member ratings

5.0

out of 5

  • 5 stars: 7
  • 4 stars: 0
  • 3 stars: 0
  • 2 stars: 0
  • 1 star: 0

7 member ratings

Quidsy member

11 offers completed

Very easy for such a high reward

Politico

21 offers completed

Paid same day

Easy money

Show all 7 ratings
Chase logo

Quick review

Chase

Wondering whether Chase is worth it beyond the bonus? Here is our honest take.

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.

CategoryQuick Wins
Last updated
Chris' verdictYour personal guide, Quidsy

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.

Read the full Chase review