JP Morgan's Chase launches savings account

Monday 28 March 2022 11:46 CET | News

JP Morgan’s digital bank Chase has launched a new savings account.

Chase will offer a variable interest rate of 1.5%, more than double the rate offered by similar online banks.

Deposits will be capped at USD 329,980 and no fees or charges will apply to move money out.

Earlier in 2022, JP Morgan’s Chase has become one of the main investors of blockchain-based intelligence company TRM Labs.

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Keywords: JP Morgan, digital banking, banks, product launch, online banking
Categories: Banking & Fintech
Countries: United Kingdom
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Banking & Fintech

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