Get all your news in one place.
100's of premium titles.
One app.
Start reading
Evening Standard
Evening Standard
Business
Mark Banham

JP Morgan’s digital bank Chase launches 1.5% saver as rate rise sparks battle for cash

JPMorgan’s Chase app

(Picture: JPMorgan)

JP Morgan’s new digital bank Chase is launching a savings account offering interest of 1.5% as rate rises look to spark a new savings war among lenders.

The new account is double the Bank of England base rate as Chase competes to snatch savers from the high street giants.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.