Chase cuts rate on easy-access saver again

Chase customers have seen the rate on their easy-access savings account fall by 0.1% for the second time in two months, bringing the overall rate to 3.75% for standard customers and 4.75% for those on a closed bonus deal. The digital challenger bank, owned by JP Morgan, previously offered rates as high as 5.1%, but has become less competitive as the market cools. With expectations of further base rate cuts, savers are advised to shop around for better deals and consider fixed-rate accounts to protect against future cuts.

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