Your chance to win £20,000!

Change your life this year. We're giving one lucky person £20,000. It could be you...

Simply enter your email below to get 1 (one) entry to Chip’s big £20k GiveAway.

See how to get more entries below! It's free.

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It's free and easy to get extra entries. Here's how:

50+ Entries per referral

Refer a friend to Chip*

Refer a friend from your Profile tab. Look for Promos & Referrals.

+50 Entries per referral
10+ Entries

Enable Payday Saves

Turn on Payday Put Away in your Auto-save settings.

+10 Entries
10+ Entries

Have AI-Saving turned on

Turn on your auto-saves in the Home or Profile tab.

+10 Entries
10+ Entries

Create a Goal

Find the Goals tab and create your first saving goal.

+10 Entries

*Get 50 extra entries for every friend you successfully refer to Chip. As a carrot, your friend also gets 50 entries once they sign up to Chip and deposit at least £1, and you still get your usual £10 each too. But you’ll have to provide your own stick.

Why we’re giving away £20,000

Call us ambitious, but we want to change one person’s life.

Whenever possible we prefer to give our marketing budget directly to our customers. Over the last few years we’ve rewarded our savers with bonuses and market-leading rates.

We were looking at our prize budget and thought we could give 100 people £200, or... one person could get £20,000.

And whilst £200 is nice, £20,000 could change your life.

Think of what £20,000 in savings could do for you. Let us know on Facebook, Twitter, and Instagram.

Terms & Conditions

£20k GiveAway Terms & Conditions

Chip is running a prize draw during the first two months of 2022, called the £20k GiveAway.

For a limited time, Chip is giving new and existing customers the chance for one person to win £20,000. The prize draw will be open to entries from 00:00 Saturday 1st January 2022 until 23:59 19th February 2022.

To be eligible for this competition you must enter your email address into the email capture form on one of the competition web pages between 00:00 on 01/01/2022 and 23:59 on 19/02/2022. We can only accept one email submission per individual.

Note on extra entry points:

Other than 'referring a friend', these extra entry points can only be earned once per customer.

For example, if you turn our Payday
Put Away feature on and off 10 times, you’ll get 10 entries, not 100. However, if you successfully refer 2 friends you will get 100 entries.

As an existing customer, if you already use Chip’s Payday Put Away, Goals and Auto-Saving features, you’ll automatically get these extra entry points.


The prize is awarded and entries counted at Chip’s sole discretion. Despite any terms to the contrary on our website or elsewhere, if we believe you have violated our terms of use or exceeded fair usage, we may withhold payment of the prize or disqualify entry points.

Existing customer additional entry points

If you have an open Chip account, you get ONE (1) entry to our prize draw by entering your email into the form for existing Chip customers.

After you have entered, you can gain extra entries by:

- Referring a friend* +50 extra entries per successful referral
- Turning on Payday Put Away +10 extra entries
- Creating a goal +10 extra entries
- Having Auto-Saving turned on +10 extra entries

*Your friend also gets 50 entries once they sign up to Chip and deposit at least £1. This is in addition to the usual £10 each you receive for successful referrals.

How will the winner be chosen?

• The prize draw will close on 19 February 2022.

• ONE (1) winner will be selected using a randomiser, shortly after 19 February 2022 (no later than 26 February 2022).

• The winner will be notified by an email sent to the email address associated with the winning Chip account.

• The £20,000 bonus will be deposited into the winner’s Chip Savings account after we successfully contact the winner and confirm their details.

• If the winner does not have an open Chip Savings account, they will need to open one to receive their winnings. If they do not open a Chip Savings account after being contacted, or are not eligible to open one, we reserve the right to choose another winner.

Who are Chip?

Chip is authorised by the Financial Conduct Authority under the Payment Service Regulations 2017, firm reference number no. 911255, for the provision of payment services.

Hello future Chip saver 👋

Win £20,000

Simply enter your email below to enter Chip’s big £20k GiveAway.

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