No, the interest rates on our savings accounts aren't fixed. They are variable, which means they can change.
The Chip Cash ISA, Chip Easy Access Account, and Chip Instant Access Account all have a tracker rate. This means your savings rate will automatically change on the same day that the Bank of England's base rate moves up or down.
A tracker rate change is automatic and tied to the Bank of England's rate, so we don't send a separate notification. However, if we decide to change your rate, we'll always let you know ahead of time.
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.