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A new £50,000 prize for the Prize Savings Account from 1 May 

We’re changing the Prize Savings Account prizes from the May prize draw to add a new prize of £50,000.

We’re changing the Prize Savings Account prizes from the May prize draw to add a new prize of £50,000. But there are no changes to any account terms and conditions. 

We’re very excited about adding this new prize, it’s a genuinely life changing sum of money to be able to give one lucky winner every month. 

We already love calling our £10,000 prize winners (here’s the last one we called) and we can’t wait to call both the £10,000 and £50,000 winners of the May draw!

What are the new prizes? 

The new prize pool from 1 May 2024 will be:

  • 1x £50,000 prize
  • 1x £10,000 prize
  • 250 x £10 prizes

What’s staying the same?

The terms of entry, and all other account terms and conditions remain the same. 

Simply hold a minimum average balance of £100 in the account to enter a monthly prize draw, with every further £10 deposited giving you one additional entry. The bigger your balance, the more entries you’ll get in the monthly draw. 

You can read more about the Prize Savings Account here, and you can check in your app for how many entries you have.

As always, if you have any questions you can head into your in-app support, or drop a line to hello@getchip.uk, and our support team will be more than happy to help. 

T&Cs, eligibility criteria and minimum average balance of £100 applies. For current prize values, entry and eligibility criteria and how to opt-out see our full terms.