What do I need to do?

It’s free to open an account and after a quick check, you’ll be on your way in a few minutes:

1
Sign up using you referral code

You will need to download the Chip app and sign up using the unique referral code your friend has provided.

2
Deposit at least £5,000

You’ll need to make a deposit of at least £5,000 into your Chip Account (this can be split across multiple Chip savings and/or investment accounts).

3
Hold the balance 90 days.

Lastly, you’ll need to hold at least £5,000 in your account for 90 days.

FAQs

You can find our full terms & conditions here.

Where will my £50 reward go?

Your £50 bonus will be added to your Chip Instant Access Account or your Prize Savings Account, once the person being referred has met all the above requirements. If you have both accounts open, this bonus will automatically be paid into your Chip Instant Access Account.

Please note that any bonus payments from Chip into your Chip Instant Access Account do not count towards your balance when interest is calculated. Any bonus payments into your Prize Savings Account do not count towards your cash balance for the purpose of calculating entries into the monthly Prize Savings Account prize draw. Bonus payments can take up to 5 working days to reach your linked bank account when you withdraw.

Why Chip?

Chip is built for you. Powered by our extensive Chip community of over 500,000 users, we’ve built one place for saving and investing that makes building your wealth effortless. Learn more about the Chip app.

All in one app

Competitive rates, monthly prizes and investment funds.

Award-winning

Build your savings automatically using our award-winning autosaving features. Charges may apply.

FSCS protected

All our accounts are protected under the the FSCS. Subject to eligibility1.

Capital is at risk.

1FSCS limits of £120,000 apply to eligible deposits per bank.

Opening a Chip account takes just a few minutes. No forms, no fuss.

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1. Download Chip

Head to the App Store or Google Play Store.

2. Create an account

Enter a few details and pass a quick check.

3. You're good to go!

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