Chase Bank is set to revamp its cashback deal for current account customers starting April 7, limiting cashback to 1% on spending in specific categories like groceries, transport, and fuel within the UK. This change follows previous adjustments to the account, including a cap on cashback and a minimum monthly contribution increase. Despite these changes, Chase emphasizes that its cashback offer remains competitive, with no monthly fee and a straightforward way to earn up to £15 cashback a month. Customers may want to consider alternative current accounts such as Santander Edge for higher cashback rates, though Chase still offers competitive returns with additional money management features and a 3% interest rate on the Chase Saver account.
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Social Security Claiming Strategies: Understanding the Drawbacks of Claiming Early
If you qualify for Social Security retirement benefits, you can start receiving payments at age 62, but doing so before your full retirement age will result in a reduced benefit. It's crucial to weigh the financial impacts of claiming early, even though there may be valid reasons for doing so. Explain It To Me Like I'm 5: If you get money from Social Security when you're older, you can start getting it at 62, but...
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