Best for: Any UK home paying electricity bills
Switch electricity to 100% renewable Fuse Energy with code JAMES47919 during app sign-up to get £100 free bill credit.
✓ Verified November 2026
Chase UK: £50 Cash Bonus
Open a free Chase account with code 5Q4PLG and deposit £1,000 to get £50 cash. Zero bank switch needed.
- Massive £50 guaranteed cash bonus credited straight into your Rewards balance
- Zero bank switch (CASS) required—your existing primary bank and bills stay 100% untouched
- Deposit £1,000 within 30 days—you can transfer funds straight in from another bank and move them back immediately
- 1% cashback on everyday debit card spending for your first 12 months (groceries, transport, fuel, shopping)
- 5% AER interest on round-up savings plus linked easy-access saver
How to Claim (4 Simple Steps)
📌 Where to apply your bonus: Chase App → Rewards → 'Enter referral code' (or during sign-up)
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Download Chase & Open an Account
Download the Chase UK app from the App Store or Google Play and complete the fast 4-minute identity check.
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Enter Referral Code in the Rewards Tab
In the Chase app, go to the Rewards tab → tap 'Enter a referral code' → enter 5Q4PLG (or backup codes 45A3AF / AQBH52). You have 30 days from opening to enter the code.
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Pay In £1,000 Within 30 Days
Transfer a total of £1,000 into your new Chase current account from any existing UK bank account. (You can immediately transfer it back out if you need the funds elsewhere).
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Claim Your £50 Cash Reward
Your £50 lands directly in your Rewards balance. Tap 'Transfer to account' to move it straight into your spending balance or withdraw to your main bank.
The Fine Print in Plain English (No Surprises)
⏳ When the bonus lands
Credited straight into your Rewards balance within 24 hours of depositing £1,000
💷 Minimum spend / deposit
Deposit a total of £1,000 within your first 30 days (can be transferred straight in from another bank and transferred back out immediately)
🔓 Cancellation & exit rules
100% free digital current account (£0 monthly fee) with 1% cashback on everyday debit card spending
Chase UK Reward Breakdown
| Requirement | Chase UK Referral Details |
|---|---|
| Reward Amount | £50 Free Cash (Paid into Rewards balance) |
| Primary Active Code | 5Q4PLG (Tap to copy) |
| Backup Active Codes | 45A3AF or AQBH52 |
| Switch Required? | No (Skip CASS; keep old bank untouched) |
| Deposit Requirement | Pay in £1,000+ within 30 days (can transfer straight out) |
| Account Monthly Fee | £0 (Free digital account with 1% card cashback) |
Screenshots & What to Look For
Frequently Asked Questions
Do I have to switch my main bank account to get the £50 from Chase?
No! Chase does not require a Current Account Switch Service (CASS) switch. You do not move any direct debits or close your old bank. It is purely a new account opening incentive.
Do I have to leave the £1,000 in the Chase account?
No. The terms only require that you pay in a total of £1,000+ within your first 30 days. You can transfer £1,000 in from your existing current account and transfer it right back out the same day once it arrives.
Where do I enter the referral code in the Chase app?
Once logged into the Chase app, navigate to the 'Rewards' tab on the bottom menu. You will see an option labeled 'Enter a referral code'. Type 5Q4PLG and submit.
What happens if a referral code is already at capacity?
Chase caps referrals at 5 per account. We actively monitor capacity and provide alternative codes right on this page: use backup code 45A3AF or AQBH52.
Other Tested UK Deals
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