United Kingdom
activeFeaturedNeobank
- HQ
- London
- Fee
- Free
Chase UK
J.P. Morgan Europe Limited trading as Chase. UK bank, PRA/FCA, FSCS up to u00a3120,000.
Legal entity: J.P. Morgan Europe Limited
Rate this app
7.6Solid
AlternativesFive questions
At a glance
Is it a bank?
Yes — UK bank (PRA / FCA). Still read the entity on the statement.
If it fails?
FSCS covers eligible deposits at J.P. Morgan Europe Limited t/a Chase up to u00a3120,000 per depositor.
Salary?
Yes. A UK current account at JPMEL can take sterling payroll. Current Account Switch Service is available.
Open from abroad?
No. UK residence and UK tax residence are required.
Monthly fee
u00a30
Account number
UK sort code and account number. Not a euro IBAN mill.
NeoBankDBVerdict
Licence first · score second
7.6
/10 · Solid
Chase UK is a bank. The legal name is J.P. Morgan Europe Limited. PRA-authorised, FCA-regulated, FSCS up to u00a3120,000. It is a useful UK current account with honest travel spend. It is not Revolutu2019s multi-country stack and not a US Chase login. UK tax residents only.
What it is
Chase is a trading name of J.P. Morgan Europe Limited, company 938937, 25 Bank Street, Canary Wharf, London. FRN 124579. Parent group: JPMorgan Chase. App-only UK retail bank. FSCS page uses the u00a3120,000 limit that applies from 1 December 2025.
Best for: UK residents who want a JPMorgan current account in an app, with FSCS, and cheap travel spend.
Last checked 2026-09-17. Not advice.
What it does well
- +Real UK bank, not an EMI
- +FSCS u00a3120,000
- +u00a30 monthly
- +No Chase FX markup on spend
What to watch
- −UK residents only
- −No overdraft
- −App-only
- −Not a multi-country IBAN product
Legal entity, not the app icon
Who is behind it
- Legal name
- J.P. Morgan Europe Limited
- Parent
- JPMorgan Chase
- Offices
- 25 Bank Street, Canary Wharf, London E14 5JP
- If something goes wrong
- FCA / FOS. FSCS for eligible deposits.
The product, not the brand colour
The account
- Platforms
- iOS · Android
- Account types
- Current account · Saver · Credit card
- Availability
- 18+, UK resident, UK tax resident, UK mobile, smartphone. Soft credit search.
- IBAN country
- UK sort code and account number. Not a euro IBAN mill.
- Remote open
- No. UK residence and UK tax residence are required.
- Onboarding
- Apply in the Chase UK app. UK mobile, UK tax resident, pass a soft search.
- Minimum age
- 18
- Salary / payroll
- Yes. A UK current account at JPMEL can take sterling payroll. Current Account Switch Service is available.
- Local rails
- Faster Payments, Bacs, debit. No overdraft.
How money actually moves
- Who holds the cash
- Insured bank deposit
- How money moves
- Faster Payments
- Built for
- Personal
- Settlement
- App-ledger instant; bank rails per corridor
- Freeze risk
- Bank-grade; still not freeze-proof
- Card
- Chase UK lists a physical card and a virtual card on mastercard, plus Apple Pay and Google Pay. Confirm the live product in the app — a card is not a current account.
Licence first
Safety
FSCS covers eligible deposits at J.P. Morgan Europe Limited t/a Chase up to u00a3120,000 per depositor.
Who holds the money: J.P. Morgan Europe Limited
- PRA / FCAUK bank · United Kingdom · FRN 124579
Fees
- Monthly
- u00a30
- FX markup
- No Chase markup on spend abroad. Mastercard rate. Local ATM owners may still charge.
- ATM
- No Chase-applied ATM fee.
Features
- –IBAN
- ✓Fee-free core
- –Multi-currency
- ✓Apple Pay
- ✓Google Pay
- ✓Virtual card
- ✓Physical card
- –Metal card
- –Crypto
- –Stocks
- –Business
- –Kids
- –Halal
- UK current account
- Saver
- Credit card
- No-fee FX spend
- Current Account Switch Service
Before you tap Sign up
How to open
Step 1
Be a UK resident
Chase UK wants you 18+, living in the UK, UK tax resident, with a UK mobile and a smartphone.
Step 2
Apply in the Chase UK app
chase.co.uk is the official site. This is not the US chase.com login.
Step 3
Use Current Account Switch if you are moving a salary
The account is J.P. Morgan Europe Limited. Eligible deposits are FSCS-protected up to u00a3120,000.
Official help: www.chase.co.uk/gb/en/legal/fscs-protection/
Operator documents
Their own papers
These are the operator’s documents. They outrank this review if they disagree.
Score
- Safety25%
- 9.2
- Fees20%
- 9.0
- Features15%
- 6.8
- App15%
- 8.0
- Global15%
- 4.2
- Support10%
- 7.2
Change log
Full logNo dated notes yet. When the licence, fees, or status moves, it lands here.
Available in
Straight answers
FAQ
01Is Chase UK a bank?
Yes. Chase is a trading name of J.P. Morgan Europe Limited, authorised by the PRA and regulated by the FCA and the PRA. FRN 124579.
02Is Chase UK FSCS protected?
Yes. Eligible deposits at J.P. Morgan Europe Limited are covered up to u00a3120,000 per depositor. That limit is the UK scheme from 1 December 2025.
03Is this the same as Chase in the US?
No. US Chase is JPMorgan Chase Bank, N.A. Chase UK is J.P. Morgan Europe Limited. Different company, different login, different scheme.
04Who can open Chase UK?
People 18 or over who live in the UK, are UK tax resident, have a UK mobile and pass a soft credit search. Not for people living abroad.
05What is the monthly fee?
u00a30 to open, u00a30 a month. Chase does not add an ATM fee or an FX markup on spend. A local ATM owner can still charge.
06Can I receive salary on Chase UK?
Yes. It is a sterling current account. Current Account Switch Service is supported. There is no overdraft.
07Chase UK vs Revolut vs Monzo?
Chase UK and Monzo are UK banks with FSCS. Revolut is a UK bank only for some customers u2014 others are on e-money. Do not treat the three as the same licence.
08What is the legal name?
J.P. Morgan Europe Limited, London. Brand: Chase is the company on the statement.
Ratings and reviews
No published user reviews yet. The NeoBankDB score still comes from licence, fees, and the product — not from an empty star average.
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