We want to make it super easy for you to keep track of your money and see how your savings can grow.
Underlying Rates
Below, you'll find a clear table detailing all the current underlying interest rates for our savings accounts, including the Chip Cash ISA, the Chip Easy Access Saver, and the Chip Instant Access Account.
Account | Rate | Reduced rate after 4th withdrawal |
Chip Cash ISA | 3.30% AER/Tax-free if opened from 16:30 on 1 July 2025 4.06% AER/Tax-free if opened between 16:00 on 10 June 2025 and 16:29 on 1 July 2025 3.04% AER/Tax-free if opened between 11:00 on 6 June 2025 and 15:59 on 10 June 2025
| N/A |
Chip Instant Access Account | 3.00% AER | N/A |
Chip Easy Access Account | 3.00% AER | 0.90% AER |
Please bear in mind that we show all rates using industry-standard AER, meaning the rate you will see here and in your account will always be slightly higher than the gross rate, as AER reflects the effects of compounding.
You can find your rates in-app by viewing your accounts in the Savings tab.
Tracker Rates
All of our interest-bearing savings accounts have tracker rates. This means your rate will change whenever the Bank of England base rate changes. When the BoE base rate moves up or down, your savings rate will move on the same day.
Chip Cash ISA
The gross rate tracks the BoE base rate with the following deductions based on the opening date:
Opened from 16:30, 1 July 2025 onwards: BoE base rate -1.00%
Opened 16:00, 10 June - 16:29, 1 July 2025: BoE base rate -0.26%
Opened 11:00, 6 June - 15:59, 9 June 2025: BoE base rate -1.25%
Opened before 11:00, 6 June 2025: BoE base rate -0.26%
Chip Instant Access Account
The gross rate tracks the BoE base rate -1.29%.
Chip Easy Access Saver
The gross rate tracks the BoE base rate -1.29%. The reduced rate after your fourth withdrawal in 12 months tracks the base rate -3.35%.
AER, Gross and Tax-free
AER stands for Annual Equivalent Rate. This shows you what the gross rate would be if interest were paid and compounded once each year.
Gross is the rate of interest paid before any tax (where applicable) has been deducted.
Tax-free means free from personal liability to any UK Income Tax and Capital Gains Tax.
Need Further Help?
If you have any further questions, get in touch with our support team using the in-app chat (this can be found in the Contact us section on the Profile tab) or by email at hello@getchip.uk for further help.