Chase refer a friend code UK: how the £50 bonus works

Last updated: 31 May 2026

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How Chase refer a friend works (plain English)

If you're hunting a Chase refer a friend code, the short version is straightforward. First, you download the Chase UK app and open your first Chase account. Next, you enter a referral code inside the Rewards section of the app. Then, you pay in a total of £1,000 or more within your first 30 days. Finally, if you meet all the conditions, Chase credits £50 to both you and the person who referred you.

Each code is single-use, so only one new customer can link to any given code. Chase also caps referrers at 5 codes in total, which is exactly why we screen requests rather than publishing ours openly.

Do you actually need to pay in £1,000?

Yes, but the £1,000 is a total pay-in figure rather than a single deposit. As a result, you can split it across several transfers, salary payments, or standing orders. However, you must hit the full £1,000 within the 30-day window that starts the moment you open your first Chase account.

Where do you enter the Chase referral code?

Inside the Chase app. If you're eligible, you'll find the refer a friend promo on the Home tab and in the Rewards section. If you can't see it, you're not eligible at that moment. Chase rolls these offers out in waves, so availability shifts over time.

Is Chase UK safe and regulated?

Yes. Chase UK is a trading name of J.P. Morgan Europe Limited, which is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Eligible deposits are also protected up to £120,000 per eligible person per UK-authorised bank, building society or credit union by the Financial Services Compensation Scheme (FSCS), a limit that rose from £85,000 on 1 December 2025. For the latest terms, see the official Chase refer a friend terms.

How does Chase compare to Monzo and Zopa Biscuit?

All three are app-first current accounts, but they lean in different directions. Monzo focuses on budgeting tools and pots, Zopa Biscuit prioritises savings interest, and Chase puts cashback and round-ups front and centre. If you're weighing your options side by side, our Monzo vs Chase comparison walks through the practical differences.

FAQs

Can existing Chase customers use a refer a friend code?

No. The referred-friend reward is for brand new Chase customers only. However, existing customers may still see the option to refer others inside their own app, since rollouts vary.

Is refer a friend the same as the Chase switching reward?

No. Chase sometimes runs separate switching offers, and those are different from the refer a friend scheme. This page covers referrals only.

What happens if I open Chase and add the code later?

The 30-day window starts the moment you open your first account, so timing is tight. As a result, we enter our code early rather than leaving it as an afterthought.

How long does the £50 take to arrive?

Chase doesn't publish a fixed timing, but the reward typically lands once you've met the pay-in condition. Meanwhile, you can track progress in the Rewards section of the app.

Can I use more than one Chase referral code?

No. Each new customer can only link one referral code, and every code is single-use.

Other useful CoolCuration guides

• Monzo vs Chase: a practical, side-by-side look at two of the UK's biggest app banks.
• Monzo £50 referral: how Monzo's own refer a friend scheme pays out.
• Zopa Biscuit £10 referral: the newer challenger with strong savings rates.
• Best referral offers UK 2026: our running list of the top bonuses worth stacking this year.
• Chip app referral code: a savings app with a welcome bonus on the side.

Financial disclaimer: This is not financial advice. Offers, rates, and eligibility rules can change at any time, so always confirm the current terms in the Chase app and on chase.co.uk before opening an account. If you're unsure whether a product suits your situation, consider speaking with an independent financial adviser. CoolCuration may earn a reward when you use a referral link or code from our site, at no extra cost to you.

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