What is a Recurring Save?
James avatar
Written by James
Updated over a week ago

The Recurring Save feature allows you to create up to four regular deposits into Chip into any of our investment funds and all of our savings accounts. You have full control over how much and when you save, giving you the freedom to save the way you want.

You won't be able to use this feature if you don't have a valid bank connection.

Please note that if you're on our free membership plan, Recurring Saves will cost 25p each.

How do I set up a Recurring Save?

You'll find the option to set up a Recurring Save by opening the Profile tab and choosing Savings Plans.

Then tap the Recurring Saves option, where you can set up a new save into a savings account or investment fund of your choice.

You'll then be able to choose how much you'd like to save and how frequently.

You could save every Monday, every other Thursday or the last day of the month- it's completely up to you.

Don't forget to confirm your Recurring Save to ensure it's gone through.

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