JPMorgan Chase has launched its retail digital bank in Germany, introducing a fee-free savings account. The giant US bank has been building out its plans for European expansion over the past few years. The arrival in Germany marks its second foray into Europe after the 2021 launch of its UK digital bank, which now claims nearly three million customers.Chase is offering four per cent interest on overnight deposits for four months as part of its launch campaign in a competitive market. This will then switch to a variable base rate of two per cent> Finextra reports.By 2028, the bank plans to have in place a full portfolio of services, including current accounts, investments, and lending products. Chase is not the only outside giant looking to find a foothold in Germany. Last year, Spain's BBVA launched a digital offering in the country.The partner of Fintech section is Tweet Views 6064