Chase launches in Germany

Chase is one of the leading retail banks in the US and the UK, with more than 80 million customers. Following a successful market entry in the UK in 2021, where Chase has now acquired more than three million customers, Germany is its second European market.

Chase officially launches its new digital bank in Germany, operated in the country by JP Morgan SE . „The first product is a free savings account that combines an attractive interest rate with a fully digital banking experience. Chase offers savers 4% interest on their balance for the first four months . After this period, a variable base interest rate of 2% per annum applies.” – according to the press release.

“With Chase, we are now offering people a better way to save: flexible, digital, and with clear added value. We are combining this with the reliability and experience of JPMorgan Chase, one of the world’s largest banks,” says Daniel Llano Manibardo , Head of Chase Germany. “In Germany, we have a strong savings culture with a lot of untapped potential. That’s why we want to offer customers an attractive savings product on a long-term basis – even after the promotional period – so they can make more of their money,” Llano Manibardo continues .

Chase is launching an app-based banking solution tailored to the German market. „Customers have full control over their finances at all times and receive personal and professional support whenever they need it. With just a few clicks in the Chase app, they can connect with support by phone or chat.” – the company said.

Chase aims to become a leading digital bank for consumers in Germany in the long term. As part of this strategic vision, the company is gradually expanding its range of digital banking solutions to meet all of consumers’ financial needs.

„By the end of 2028, Chase plans to launch a comprehensive product portfolio that includes current accounts, investment products, and loans, enabling customers to pay, save, and invest more easily with Chase. More than 150 experts are working at Chase’s newly opened Berlin location to drive this expansion.” – the bank explained.

Mark O’Donovan , CEO of International Consumer Banking at JPMorgan Chase, says: “We are very excited to introduce our banking offering to German consumers for the first time with Chase. However, this is just the beginning, as our goal is to establish Chase as the digital bank of choice in Germany. At the same time, we want to offer consumers a range of innovative products based on our extensive international expertise and our strong local presence.”

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Chase is the retail banking business of JPMorgan Chase & Co. (NYSE: JPM), a global bank with total assets of $ 4.9 trillion (as of March 31, 2026 ). In Germany, Chase is operated by JP Morgan SE . Based in Berlin, Chase offers customers in Germany digital banking services through an app specifically tailored to the German market.