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Choose well.
Choose Chip.
The wealth app with great savings rates, carefully-curated investment funds at market prices, and your pensions all in one place.
When investing your capital is at risk.
18+ UK tax residents and app only.
Smart Cash ISA
1Chip does not provide tax advice. Tax treatment depends on individual circumstances and may be subject to change in the future.
Discover how Chip can help you achieve financial freedom
Smart Cash ISA
Instant Access
Easy Access
*4+ withdrawals in a rolling 12-month period will reduce your rate to the Reduced Easy Access Rate.
Prize Savings Account
T&Cs, eligibility criteria and minimum average balance applies.
Stocks & Shares ISA
Personal Pension
Your wealth app, up close
Open it in minutes. Keep it for decades. Choose well the whole way through.
The groundwork for good decisions
Know the wider picture, then your own numbers. Each one helps make sense of the other.
See where your money goes
Map your income, essentials and lifestyle spending in a few minutes, and get a clear picture of your month.
Start planning
Knowledge hub
Wealth, well read
Guides on saving, investing and pensions, plus Financial Times articles in the Chip app.
Visit the knowledge hub
FSCS protected
All money deposited through Chip into any savings account is eligible for cover by the Financial Services Compensation Scheme (FSCS), subject to conditions and £120,000 per bank limits. Money in investment accounts is eligible for protection by the FSCS on balances up to £85,000.
Keeping your money safe
Protect yourself with biometrics
Protection for your mobile device with biometric login. As an additional security layer all Chip users need to create a 6-digit PIN to access their app.
Keeping your money safe
Bank-level encryption
Every connection to Chip is secured with bank-grade encryption and built on Open Banking technology – the regulated standard for seamlessly linking accounts.
Keeping your money safe
We’ve got your back
Our systems continuously monitor for suspicious activity, helping keep your account protected from fraudsters.
How we fight fraud
Help when you need it
Our UK-based customer support team is just a message away, ready to help whenever you need it.
Contact usTell us what you want to do
"I'm going to start Investing / Saving.
With investments, your capital is at risk.
Opening a Chip account takes just a few minutes. No forms, no fuss.
Enter your email below to get a direct download link to your inbox.
Got a question?
Here are some common questions we get asked by new Chip customers.
How does Chip protect my money?
Savings accounts: All eligible deposits in Chip savings accounts held are with our UK authorised partner bank, ClearBank, and are eligible for the Financial Services Compensation Scheme (FSCS) for up to £120,000 per person, per bank.
Investment accounts: Money and investments held in a Stocks & Shares or General Investment Account (GIA) are held by our custodian, Seccl Custody Limited. Your investments are kept separate from Chip's own assets and are eligible for FSCS protection.
Learn more about how we protect your money.
How do I set up my account?
Setting up your Chip account is quick, fuss-free, and takes just a few minutes:
- Download the app: Get the Chip app from the App Store or Google Play Store.
- Create an account: Follow the simple in-app steps to enter your details and pass a quick security check.
- Connect your bank: We use Open Banking to securely connect to your UK bank account. This allows you to make instant deposits and withdrawals.
- You're ready: Once connected, you can immediately choose a savings account or investment fund to start building your wealth.
With Investments your Capital is at risk.
How do I manage my Chip account?
For more information on managing your Chip account, such as making withdrawals, moving money between accounts and using autosaves, see our guidance here.
How to invest with Chip?
Set up an investment account in a few steps:
- Connect your bank: We use Open Banking to securely connect to your UK bank account. This allows you to make instant deposits and withdrawals.
- Choose an account: We offer a Stocks and Shares ISA and General Investment Account (GIA).
- Start investing: Choose from our ready-made funds or build your portfolio from over 40 curated investment funds.
With Investments your Capital is at risk.
Learn more about investing with our simple guides.
Is Chip free?
Setting up an account and using the Chip app is completely free. There is no fee to open any of Chip’s savings or investment accounts.
For more information on our investment fees, see our pricing page.
Is saving with Chip safe?
Yes, saving with Chip is safe. We are committed to protecting your money and have several layers of security in place:
- FSCS Protection: Eligible deposits held in our savings accounts are protected by the Financial Services Compensation Scheme (FSCS) up to a value of £120,000. Your money is held with our UK-authorised partner banks (such as ClearBank), which are members of the scheme.
- FCA Authorisation: Chip Financial Ltd is authorised and regulated by the Financial Conduct Authority (FCA). This means we must adhere to strict rules designed to protect our customers.
- Bank-Grade Security: We use state-of-the-art security features, including industry-standard encryption, to keep your personal information and your money secure.
Who are ClearBank?
ClearBank Ltd is a UK-authorised and regulated clearing bank.
We have partnered with ClearBank to provide the underlying infrastructure for our FSCS-protected savings accounts. When you deposit money into a Chip savings account, it is held securely with ClearBank.
As ClearBank is a fully authorised UK bank, any eligible funds you hold with them through the Chip platform are protected by the Financial Services Compensation Scheme (FSCS) up to the limit of £120,000.
How can I find Chip on the FCA register?
You can find us on the register by using our official company name, Chip Financial Ltd, or our Firm Reference Number (FRN): 911255.
To check for yourself:
- Go to the official FCA Register website.
- In the search bar, enter either "Chip Financial Ltd" or our FRN "911255".
- You will see our official entry, confirming that we are an authorised firm.
What is Chip Financial Ltd?
Chip Financial Ltd is the official legal name of the company that owns and operates the Chip app.
As the operating entity, Chip Financial Ltd is authorised and regulated by the Financial Conduct Authority (FCA) under Firm Reference Number 911255.
What is the Financial Services Compensation Scheme (FSCS)?
The Financial Services Compensation Scheme (FSCS) is the UK's independent statutory fund for customers of failed financial services firms. Its purpose is to protect your money if a bank, building society, or credit union you hold money with goes out of business.
Key features of the FSCS:
- Protection limit: It protects eligible deposits up to £120,000.
- Per person, per institution: This limit applies per person, per UK banking licence.
- Automatic and free: The service is completely free for consumers, and your protection is automatic.
For Chip customers, this means the eligible money you deposit into our savings accounts is protected up to the £120,000 limit because it is held with our UK partner banks, who are members of the FSCS.