Customers can also enjoy zero fees on transactions abroad, as well as in-app card control to freeze spending as and when.
However, while the new Chase easy access savings rate offers more competitive returns than it previously did, it still doesn’t exceed the current market-leading easy access rate.
According to Moneyfacts Best Buys, currently topping the leaderboard is HSBC with its Online Bonus Saver offering an Annual Equivalent Rate (AER) of three percent, calculated daily and applied to the balance monthly.
The three percent rate is awarded on up to £10,000 of the balance every month a withdrawal is not made, while 1.4 percent will apply to figures over £10,000.