Chase UK Bank — Complete Guide 2026

Chase UK Fees 2026 — Full Breakdown of Charges

Chase UK has no monthly fee and no foreign spending fee. Here is a complete breakdown of every Chase UK charge in 2026 — what's free, what costs, and what to watch out for.

Chase UK’s current account is free to use for the vast majority of everyday transactions. There is no monthly fee, no foreign spending fee, and no fee for UK transfers or ATM withdrawals. The main charge to be aware of is the 1.5% fee on foreign ATM withdrawals above the £500/month free allowance.

Here is every fee associated with Chase UK in 2026, clearly laid out. For a full account overview, see the Chase UK Review 2026 or the Chase UK hub.

Complete Chase UK Fee Schedule 2026

Account Fees

Fee type Amount
Monthly account fee £0
Account opening fee £0
Minimum balance requirement None
Minimum monthly pay-in None
Inactivity fee None

UK Payments and Transfers

Fee type Amount
Faster Payments (sent) £0
BACS transfers £0
Standing orders £0
Direct debit set-up £0
CHAPS transfers Not available
International transfers Not available

UK ATM Withdrawals

Fee type Amount
ATM withdrawal (Chase fee) £0
Third-party ATM access fee Varies by ATM operator (£0–£2.00)

Note: Some ATMs — particularly in convenience stores, petrol stations, and nightclubs — charge their own access fee of £1.50–£2.00. This is charged by the ATM provider, not Chase, and is displayed on-screen before you confirm the transaction.

Foreign Spending

Fee type Amount
Foreign transaction fee (card purchases) £0
Foreign currency exchange markup £0 (Mastercard rate used)
Foreign ATM withdrawal — up to £500/month £0
Foreign ATM withdrawal — above £500/month 1.5% on the excess
Dynamic currency conversion (DCC) Avoid — applied by merchant, not Chase

Card Fees

Fee type Amount
Debit card issue £0
Card replacement (lost/stolen) £0
Apple Pay / Google Pay £0
Contactless payments £0

Overdraft

Fee type Amount
Arranged overdraft Not available
Unarranged overdraft Not available — transactions declined

Chase UK does not offer an overdraft facility. If you attempt a payment that exceeds your account balance, the transaction will be declined rather than creating an unarranged overdraft charge.

What Chase UK Does NOT Charge For

To make it clear: the following are all free with Chase UK:

  • Opening and holding the account
  • UK Faster Payments (any amount up to your limit)
  • UK ATM withdrawals
  • Foreign card payments (any currency, any country)
  • Standing orders and direct debits
  • Using Apple Pay or Google Pay
  • Card replacement
  • In-app support

The One Fee to Watch

The only regular fee most Chase customers encounter is the 1.5% foreign ATM fee above £500 per calendar month.

For typical holiday use, £500 in ATM withdrawals per month is generous. If you withdraw more:

  • £600 abroad in one month: £500 free + 1.5% of £100 = £1.50 fee
  • £800 abroad in one month: £500 free + 1.5% of £300 = £4.50 fee
  • £1,000 abroad in one month: £500 free + 1.5% of £500 = £7.50 fee

These are small amounts in the context of a holiday. The fee only becomes significant if you are withdrawing very large amounts of cash abroad regularly. For a full breakdown of using Chase abroad, including fair use and DCC, see Chase UK Travel Spending.

Chase UK Fees vs Competitors

Fee Chase UK Monzo (free) Starling Barclays
Monthly fee £0 £0 £0 £0
Foreign spending £0 £0 £0 2.99%
Foreign ATM (free allowance) £500/month £200/month Unlimited* None
Foreign ATM fee above limit 1.5% 3% 2.99% + £1.50
Overdraft N/A Available Available Available

*Starling has a fair use policy on foreign ATM withdrawals.

Chase is among the cheapest accounts on the market — particularly for travel use. Its only meaningful disadvantage versus Starling is the monthly foreign ATM cap (Starling has no published monthly limit).

Should You Worry About Chase’s Fees?

For most UK customers, the answer is no. Chase UK is structured as a genuinely fee-free account. The scenarios where you would pay a fee:

  1. You withdraw more than £500 from foreign ATMs in a single calendar month — fee is 1.5% on the excess, which is modest
  2. You use a fee-charging ATM in the UK — the fee is charged by the ATM operator, not Chase, and is avoidable

If you are looking for a fee-free everyday account that also earns interest on your balance, Chase UK’s fee structure is one of the cleanest available in the UK in 2026.

Chase UK Hub

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Sources

  1. Chase UK — Fees and charges
  2. FCA — Current account fee transparency