Opening, having or closing a round-up account
You can open a round-up account to round up each card transaction to the nearest pound. The change will go to the round-up account, where a 5% AER (4.89% gross) variable interest rate will be applied. You can't pay into a round-up account any other way or spend from it directly.
If you're ready to open one, just:
- Open the 'Home' menu and tap 'Add'
- Choose the round-up account
- Carefully read and accept the terms & conditions to open the account
We'll then round up all of your card spending across your accounts and move the change here. Then you'll get a 5% AER interest boost on the money you've saved, paid to you monthly. Go to your round-up account menu to pause round-ups or close the account at any time. Pausing your round-ups won't pause your interest - just whether you round up. Your round-up account can't be the last account you have with us.
Every year we'll reset your round-up account by transferring the balance to your chosen Chase current account. This happens one year after you open the account. You'll keep rounding up and getting interest on your new round-up account balance, without having to do anything.