Chase UK
digital bank
Chase UK is JPMorgan Chase's digital banking offering in the United Kingdom, launched in 2021. It provides a GBP current account with 1% cashback on most purchases (capped at GBP 15/month), competitive savings rates, and fee-free international spending at Mastercard exchange rates. Accounts are protected by the FSCS up to GBP 85,000. Requires UK residency and a UK phone number; not available to US persons or non-UK residents. No business accounts are offered. Chase UK positions itself as a premium everyday spending account with strong cashback rewards.
Details
- Headquarters
- United Kingdom
- Currencies
- 1
- Monthly Fee
- Free
- Non-Residents
- Not accepted
- US Persons
- Not accepted
- Debit Card
- Available
- Business Account
- Not available
Opening Requirements
- •UK residential address
- •UK phone number
- •Government-issued photo ID
- •Age 18+
Restricted Nationalities
Not available to nationals of: united-states
Nationality Acceptance Matrix
Who this provider will and will not onboard. Refusals are listed first. Sourced from the provider's own published terms and recent public onboarding reports — confirm with the provider before applying.
| Nationality | Accepted | Notes |
|---|---|---|
| us | NO | US persons explicitly excluded; US nationality triggers FATCA obligations Chase UK declines. |
| iran | NO | Iranian nationals blocked — OFAC/UK sanctions. |
| cuba | NO | Cuban nationals blocked — OFAC/UK sanctions. |
| north korea | NO | North Korean nationals blocked — OFAC/UK/UN sanctions. |
| syria | NO | Syrian nationals blocked — OFAC/UK sanctions. |
| uk | YES | UK residents only; nationality secondary to residency requirement. |
| eu | YES | EU nationals accepted if UK-resident with a valid UK address and phone number. |
| russia | YES | Russian nationals accepted if UK-resident; subject to individual sanctions screening. |
| china | YES | Chinese nationals accepted if UK-resident. |
| myanmar | YES | Myanmar nationals accepted if UK-resident; specific individuals on UK sanctions list screened. |
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