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What are recurring deposits?

Ryan avatar
Written by Ryan
Updated yesterday

Recurring deposits are a simple way to set up regular, automatic deposits into your Chip savings accounts or investment funds. This feature gives you full control over how much you save and how often, helping you stay on track with your goals without any extra effort.

You can set up to four separate recurring deposits into any of these accounts:

  • Chip Instant Access Account

  • Chip Easy Access Account

  • Prize Savings Account

  • General Investment Account

  • Stocks & Shares ISA

A quick note: Recurring deposits aren't currently available for the Chip Cash ISA.

To get started, just make sure you have a linked bank account and card in the Profile tab of your Chip app.

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.

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