Banking · Retail bank
Chase UK: J.P. Morgan's online bank in the United Kingdom
J.P. Morgan's online retail banking brand in the United Kingdom, whose account is held by an authorised British bank within the group. The residency conditions could not be identified: to be considered, subject to verification, only by residents of the United Kingdom.
Please note
Characteristics
- Family
- Retail bank
- Regulator
- Prudential Regulation Authority / Financial Conduct Authority
- Regulator country
- United Kingdom
- Deposit guarantee
- Yes
- Remote opening
- Not provided
- Currencies
- GBP
- Services
- Current account · Payment card · Savings
- Accepted residencies
- Not provided
- Refused residencies
- Not provided
- Home country
- United Kingdom
No residency, age or nationality requirement appears on the support page consulted; these remain to be verified.
Entities and regulatory status
| Entity | Jurisdiction | Status | Regulator | Protection of funds |
|---|---|---|---|---|
| J.P. Morgan Europe Limitedholds the accountEntity operating under the Chase brand; number taken from the official website, FCA register entry not consulted. | United Kingdom | Banks with their own licence | PRA / FCALicence 124579 | FSCS |
Who can open or keep an account
| Country of residence | Case | Status | Conditions |
|---|---|---|---|
| United Kingdom | Opening and keeping | Unknown | Conditions for opening and maintaining an account not found on an official page. |
A country missing from this table is neither accepted nor refused: the information is not published.
Published figures
- Account feeNot provided
- Brokerage feeNot provided
- Deposit guarantee ceilingup to £120,000fscs.org.uk · Verified on Nov 2, 2026
- Entry ticketNot provided
Which entity, which status
Chase is a brand: the account is held by J.P. Morgan Europe Limited, a British subsidiary of the JPMorgan Chase group, which states that it is authorised by the Prudential Regulation Authority and regulated by the FCA and the PRA under number 124579 (Chase UK support). Chase's FSCS information sheet names the same entity and the Chase brand only.
This British bank has no contractual link with Chase in the United States, which falls under a different entity of the group: an account with one does not give access to the other.
Who can open an account
The pages consulted publish no residency requirement, no minimum age and no rule in case of a move abroad. Opening is done through the app, but the documents required were not identified.
Account, card and currencies
Chase UK offers a sterling current account with a debit card and savings products. A help section is devoted to travel.
Fees abroad, withdrawal limits and any foreign-currency accounts: not identified.
Protection of funds
Eligible deposits with J.P. Morgan Europe Limited are covered by the FSCS, up to up to £120,0001 per person and per institution. The Chase FSCS sheet read during this update, dated 2022, still mentions the former limit; the FSCS scale prevails.
Points to verify
- The residency conditions, to be obtained from Chase before any plan to open an account.
- The guarantee limit, assessed per institution: other assets held with J.P. Morgan Europe Limited share the same limit.
- What happens to the account after a departure from the United Kingdom.
Sources and verification dates
- 1.
Deposit guarantee ceiling : £120,000
« FSCS can compensate you up to the new limit of £120,000 per eligible person, per authorised firm. »
Financial Services Compensation Scheme, « Deposit limit »Verified on Nov 2, 2026Verified source