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If someone decides to close all of their accounts with Chase, they will transfer any remaining funds in the round-up and close it when the last account is closed.
If the round up savings tactic is not a person’s cup of tea, then Chase’s savers account currently offers a 1.5 percent AER interest or 1.49 gross variable.
There are no monthly caps on how much can be saved, however the total savings need to be within the £250,000 limit.
This account also pays the interest accumulated monthly.
Again, this account is easy access so savers can withdraw the money when they want and there is no limit to how many savings accounts a person would like to open.
This article was originally published by Express.co.uk. Read the original article here.