Chase Bank UK - a bit like "Hotel California" - you can deposit money - but it can never leave - Update
I have opened an account with Chase via the app quite easily and quickly. I have made a deposit into the 1.5% saving account. So far - so good. But has anyone tried to withdraw money from the new Chase 1.5% saving account? There seems to be no way. I tried a transfer from the savings account to the current account - but that seems to be in limbo with nothing happening. I tried make a withdrawal from the Chase savings account to an external account but could not do that either.The Chase FAQs do not cover this situation. The US bank Chase.com says 2 to 3 working days to transfer between Chase accounts! Google says next working day for Chase UK! Chase UK say nothing, because everyone is trying to get answers and they do not have enough staff to deal with their problems and an hour on wait is about the best they seem to manage -but they still cannot supply a clear answer. So much for challenger banks! UPDATE 9/4/22 Without help from Chase (because they took hours to respond and then provided confusing and incorrect information) or their FAQs, I found in an obscure place a "Move Money" button. That allowed me to move money to an payee at an external bank. So that bit is sorted. Whats wrong with Chase UK is that with so many people in difficulty evidenced by Chase UK being overwhelmed by messages most of whom are from people used to app banking, it shows that Chase UK have designed a clunky and unsophisticated system and were not prepared for the consequences of confused and angry customers. The good news is that soon another bank - with proper systems - will come along - with a better interest rate and we will all flock away from Chase. My advice is avoid Chase UK.