Connect your bank account.

For Chip to start automatically saving for you, you need to connect Chip to your bank. Read more..

Done in 60 seconds

We've timed it. Honestly!

It’ll all be over in a couple of taps - no struggling to remember multiple complicated passwords. And you’ll stay in a secure environment protected by bank-grade encryption throughout the whole process!

Just snap a pic of your card

First, you just need to add the debit card (note you can't add a credit card to Chip) that's for your main bank account you use for day-to-day spending.

This is so we can move money between Chip and your bank account (Chip is a closed loop, so your money can only ever go between Chip and your linked account).

Open Banking connection

We'll securely take you from Chip to your banking app (log in with your passcode, fingerprint, or Face ID - the future is now!), you approve us, and hey presto you're back in Chip. Easy as that.

Open Banking powers Chip's AI and let's us know exactly how much to save for you.

Connect Bank

Connect your bank in 60 seconds. Yes we've timed it.


Chip automatically saves the money you won't miss.

Set Goals

Keep on track and save up for the things that you *really* want to do.

Earn Interest

Access market leading rates at the tap of a button. Easy money.



Get your money back in your bank account on the same day.

Payday Put Away

Save the day you're paid and stay one step ahead of your money.



Turbo charge your Chip account and save as much as you like when you want.

Save Streaks

See how many days you've gone without skipping a save. Eyes on the prize!


Our most frequently asked questions

We guess you'll probably want to know about the below. If you have more questions, read our full FAQs here.

How does Chip know how much to save?

Chip analyses your transactions and calculates what you can afford to save every few days. You're still in control and can cancel or amend any of your auto-saves before they happen.

To put it simply, if you spend more, we'll save you a bit less. And if you spend a bit less, we'll save you a bit more. Our AI also learns, so if you skip or edit saves, Chip will take note and save you a bit more or less in the future.

The whole idea is you wont miss the money you save. Just leave Chip ticking over, come back in a few weeks and crack a smile at how much you've saved up.

How much does it cost to use Chip? / Is Chip free?

The standard Chip membership plan is now free. This plan includes autosaving!

The free membership gives full access to all our FSCS-eligible savings accounts (notably our easy-access account with 0.70% variable AER), with unlimited withdrawals and deposits from £1 up to £85,000.

We’re also including our auto-saving tech and three investment funds powered by BlackRock.* Remember, your capital is at risk when investing.

You can upgrade to our premium ChipX plan whenever you want,  and unlock more investment funds (with lower platform fees!) and ways to grow your savings.

Read more about our price plans here.

How do we store money?

All money you save through Chip can be tracked at all times in the app.

Chip works as a closed loop with your linked bank account. So your money will only ever be moved between your Chip accounts and your bank.

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

Chip is not a bank. We provide access to savings accounts with UK authorised partner banks that are covered by the Financial Services Compensation Scheme (FSCS), and an e-money wallet with a UK authorised e-money provider. 

Where your money is FSCS eligible (all new accounts)

Any money you deposit into a savings or investment account through Chip is covered by FSCS.

Where your money is safeguarded, but not covered by FSCS (older accounts only)

Money held in older Chip "e-wallets" is stored as e-money and is not covered by FSCS. We work with electronic-money specialists PFS (Prepaid Financial Services FRN: 900036) to store your money. PFS store the money with a major retail bank in a ‘ring-fenced’ account, which means it’s never used for any trading activities.

You can no longer deposit into these e-wallets and we strongly encourage all customers with money in an e-wallet to move their balance to one of our new FSCS protected savings accounts.

How do I get started with Chip?

To get started you'll need either an iOS or android phone. Simply download Chip from your App Store or from Google Play, and the app will walk you through the rest.

Chip is only available to people aged over 18 in the UK.

We fully connect with 17 UK banks: Bank of Scotland, Barclays, Danske, First Direct, HSBC, Halifax, Lloyds Bank, Marks & Spencer, Monzo, Nationwide, Natwest, RBS, Revolut, Santander, Starling, TSB, Ulster Bank.

If your bank isn't on this list (eg Metro Bank, Tesco Bank, Co-operative Bank) you can't currently connect to Chip.