Do Chase Do ISAs? A No-Nonsense Look at ISA Options with Chase

If you’ve been poking around for a decent ISA, you’ve probably noticed that Chase UK doesn’t pop up in the usual lists. Spoiler: as of now, Chase doesn’t actually offer any ISA (Individual Savings Account) products to UK customers. Yep, no Cash ISAs, no Stocks and Shares ISAs, not even a Lifetime ISA. Their focus is on easy-access savings and current accounts instead. You’d think a digital bank as big as Chase would jump into the ISA market, but they’re sticking to basics—at least for the time being.

This leaves a lot of people scratching their heads, especially with the tax advantages ISAs bring. You might be asking, “Does Chase at least plan to add ISAs soon?” As of the end of May 2025, there’s no confirmed news or buzz from Chase about launching any ISA products this year. The best you get is their flexible savings account, which gives a competitive rate and easy withdrawals, but you’ll still have to watch out for the personal savings allowance if you earn a lot in interest.

• Does Chase UK Offer ISA Accounts?
• How Chase Savings Accounts Compare to ISAs
• What Are Your ISA Options in the UK?
• Simple Tips for Choosing the Right Savings Account

Does Chase UK Offer ISA Accounts?

If you scan the Chase UK app or their website looking for an ISA, you’ll come up empty. It’s not a glitch or a menu you missed—Chase UK really doesn’t have any ISA accounts in their lineup. This means no tax-free savings or investment options from Chase, which is a bit of a let-down if you were hoping to keep more of your gains away from the taxman.

Instead, Chase offers a standard easy-access savings account and a couple of spending-focused features. Their savings account is simple to open, has a pretty competitive interest rate, and lets you move your money around whenever you want. But at the end of the day, interest from this account can count towards your annual personal savings allowance. Once you go above that allowance (£1,000 for basic rate taxpayers or £500 for higher rate), you’ll have to pay tax on your savings interest.

So, what about the other big banks? Here’s how they stack up:

As you can see, most traditional banks in the UK have at least a cash ISA. Some digital banks, like Monzo, have jumped in too. Still, Chase is sticking to their usual savings model and hasn’t shown signs of changing course.

If tax-free saving is your main goal, you’ll need to look elsewhere for now. You could use Chase for everyday savings and move your long-term or tax-free cash to another bank that offers ISAs. This approach lets you make the most of high rates and those always-valuable ISA tax perks.

How Chase Savings Accounts Compare to ISAs

Chase UK makes a big splash with their easy-access savings account, but how does it stack up next to ISAs, especially when you look at tax perks, rates, and flexibility?

The biggest draw with an ISA is the tax-free wrapper: any interest, dividends, or capital gains earned in an ISA stay out of HMRC’s reach, no matter how big your pot gets. With a Chase savings account, you get a competitive rate, but interest above your personal savings allowance (that’s £1,000 a year for basic rate taxpayers and £500 for higher rate) gets taxed like anything else. Once you smash past that allowance, every extra pound gets a bit smaller thanks to the taxman.

Here’s a quick comparison to keep things clear:

Easy-access is the name of the game for Chase, which suits people who want to dip into their cash whenever. ISAs are stricter: you’ve got a yearly cap, and for some special types (like Lifetime ISAs), there are penalties if you yank your money out too soon.

• If you’re not getting close to that personal savings allowance, Chase’s rate is tough to beat for no-fuss savings.
• If you want to build up a big pot long-term or might go over that allowance, ISAs pull ahead thanks to their tax perks.
• Watch out: The ISA allowance doesn’t roll over—you use it or lose it every year.

And just to be clear, Chase accounts aren’t technically ISAs, so if tax-free growth is top of your list, you’ll need to shop around with other banks like Santander, Nationwide, or Monzo that actually offer ISAs with solid rates.

What Are Your ISA Options in the UK?

Even though Chase doesn’t offer any ISA accounts, the UK definitely isn’t short on options. ISAs come in a few main flavors, each designed for a different savings or investment goal, and knowing the differences is key before you jump in.

Here’s a quick rundown of the types you can open:

• Cash ISA: Think of this as the classic, no-fuss option. You put your money in and get tax-free interest. There are easy-access ones, fixed rates, and a handful of regular savers. Perfect if you hate risk and just want peace of mind.
• Stocks and Shares ISA: This one’s for people willing to take a few risks for bigger rewards. Your money is invested in the stock market, funds, or bonds. Gains are tax-free, but there are no guarantees like with a cash ISA—your balance can go up and down.
• Lifetime ISA: Available if you’re aged 18 to 39 and want help buying your first home or saving for retirement. The government chips in a sweet 25% bonus up to £1,000 a year, but there are strict rules on withdrawing if you don’t use it for its intended purpose.
• Innovative Finance ISA: This type lets you lend money through peer-to-peer lending platforms and get your repayments and interest tax-free. The returns can be tasty, but there’s a real risk you might lose some or all of your cash if the borrowers don’t pay up.
• Junior ISA: For parents wanting a head start on savings for their kids, Junior ISAs let you build a tax-free nest egg that the child gets at 18, either as cash or investments.

Your total ISA allowance for the 2025/26 tax year is £20,000. This can go into one type of ISA, or split across several, as long as you don’t go over the annual limit. Not every bank or provider lets you open all types, so shop around—some providers offer better rates or more flexible choices than others.

If you already have an ISA, you can switch it to another provider to chase (see what I did there?) a better deal. Just remember to use the official ISA transfer process, so you don’t accidentally lose the tax benefits by withdrawing the money yourself.

Simple Tips for Choosing the Right Savings Account

There’s no shortage of savings options, but picking the right one can save you hassle—and money. Before jumping at the first account you see, start by figuring out your goals. Are you saving for a house deposit, building an emergency fund, or just trying to keep your cash away from weekend temptation? The answer helps you set clear priorities.

Here’s what really matters when making that choice:

• Chase offers a simple easy-access savings account, but no ISAs. This means you might pay tax on interest if you go over your personal savings allowance (£1,000 for basic-rate taxpayers, £500 for higher-rate).
• If keeping your interest tax-free is important, a Cash ISA from another provider might work better. A lot of UK banks and building societies (like Nationwide or Santander) still offer these, often with rates between 3% and 5% in 2025, depending on terms.
• Don’t get distracted by headline rates only. Watch for restrictions—some accounts limit you to a set number of withdrawals, or drop the interest rate after a teaser period.
• If you like flexibility, stick with easy-access accounts. If you can lock money away, fixed-term accounts or Regular Saver ISAs sometimes pay higher rates.
• Double check the FSCS protection: this covers up to £85,000 per bank (not account), so split big sums if needed. Chase is covered under FSCS in the UK.

Let’s get specific. Here’s how typical savings types stack up right now:

Finally, one quick trick: if you need to open an ISA and move your old savings over, always use the official ISA transfer process. Don’t just withdraw and re-deposit, or you’ll lose your tax-free allowance. Most banks will handle the paperwork for you if you ask.