Skip to main content

What are the prizes in the Prize Savings Account?

Written by Ryan
Updated this week

March's prizes are:

  • 1 Grand Prize of £250,000

  • 100 prizes of £1,000

  • 5,000 prizes of £10

  • 20,000 prizes of £5

April's prizes are:

  • 1 Grand Prize of £10,000

  • 7 prizes of £500

  • 73 prizes of £100

  • 180 prizes of £20

  • 360 prizes of £10

  • 14,400 prizes of £5

The prize amounts can change each month and we’ll publish next month’s prizes on our website no later than five calendar days before the start of the next draw. We commit to always paying at least one Grand Prize of £10,000 and 250 ‘additional prizes’ of £10. Though, generally we pay much more than this!

All prizes are tax-free sums of ‘bonus money’ we pay directly to your Prize Savings Account.

Please note: Chip does not provide tax advice. Tax treatment depends on individual circumstances and may be subject to change in the future

Need further help?

If you have any further questions, please 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.

Did this answer your question?