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What is Chip?

The basics...

Antony avatar
Written by Antony
Updated over 2 months ago

Chip is an all-in-one savings and investment platform dedicated to giving you the power to grow your own wealth. With a range of exciting savings accounts, investment funds and exclusive assets, there is something for everyone on offer.

Savings

Saving with Chip puts the power in your hands to have as much control and involvement in your saving habits as you'd like. With our diverse range of accounts on offer, we hope you will find something that suits your specific needs.

To aid in your saving journey, we also offer autosaving technology. If you choose to use autosaves, Chip analyses your income and spending habits and automatically calculates what you can afford to save and moves that money to your Chip account for you.

Please note that autosaves are charged at 45p per save if you're on the free plan, but are free on ChipX. Read more about our plans and fees here.

Investments

Chip has an integrated investment platform that you can access with either a General Investment Account (GIA) or a Stocks and Shares ISA. We have an eclectic collection of funds expertly managed by some of the largest asset managers in the world, from BlackRock to Invesco. Just like with our savings accounts, Chip enables automatic saving into investment funds, so you can build your balance without having to think about it.

More information about our investment platform can be found on the Chip website here.

Please remember, when investing your capital is at risk.

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