A popular and tax-efficient way to invest. Pay 0% platform fees with a Chip Stocks & Shares ISA.
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A Stocks and Shares ISA offers the possibility of better returns in the long run compared to saving in cash. For those who aren’t looking for instant access to their money and are prepared to keep money invested for a number of years, it could be the right fit.
When it comes to investing your capital is at risk and your investments can go down as well as up in value. Chip does not give financial advice and you should not construe this as a personal recommendation. Always do your own research.
You can only pay into one Stocks and Shares ISA per tax year. You can have multiple Stocks and Shares ISAs open with different providers as long as you only pay into one per tax year.
A Stocks and Shares ISA is a type of investment account that allows you to invest up to £20,000 and pay no income tax or capital gains tax on any returns.
Investing in an ISA can suit your long-term goals (5 years or more) such as buying a house or retirement with the flexibility of being able to access your funds whenever you like.
Look at the ISA like a box that allows you to put investments of your choice into it. The box is ‘wrapped up’ meaning any investment gains are protected from tax.
A Stocks & Shares ISA is included as part of your ChipX membership. You’ll get…
You don’t pay income tax or capital gains tax on your investments.
No hidden fees that grow over time. Invest for one fixed monthly subscription
Buy and sell investments whenever you like with no additional charges
Our funds average historical returns between 1.43% and 17.84% when investing over the long-term. Your capital is at risk.
Access our full range of investment funds - curated by the world’s biggest asset managers.
Choose big global names, invest by risk level, by industry or ethically in the things that matter to you.
Unlimited use of our award-winning auto-investing features.
No long forms or clunky websites. Buy and sell, track performance and manage your portfolio all in app
Top up funds via Bank Transfer, from another Chip account. Google/Apple Pay, Debit Card.
Past performance does not indicate current or future performance, and should not be the only thing you consider when investing. Historic returns calculated using the BlackRock Consensus 35 Fund and BlackRock iShares Global Clean Energy UCITS ETF over the past 5 year period 02/03/2018 - 02/03/2023.
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A Stocks and Shares ISA with Chip is included as part of a ChipX membership (£4.99 / 28 days paid yearly, or £5.99 / 28 days) amongst a range of other benefits.
With ChipX you pay 0% platform fees. Many providers charge you platform fees as a percentage of the total amount of money you have invested. We think this doesn't reward long-term wealth building - so we got rid of them.
Fund management charges apply from our asset managers such as BlackRock and Vanguard. These vary from fund to fund. (e.g.Global Companies Fund 0.20% per annum)
You can pay a maximum of £20,000 into your Stocks and Shares ISA per tax year (from 6 April to 5 April). This is called your ISA allowance.
But you can hold as much as you like in an ISA, as long as you stay within the yearly deposit allowance. To qualify applicants must be at least 18 years old and a UK resident.
When it comes to investing not everyone wants to scroll through thousands of funds. Which is why we’ve curated a bespoke selection of investment funds from the experts (like BlackRock) designed to give you a diverse portfolio - without overwhelming you.
With a Chip Stocks & Shares ISA you decide what you want to invest in - the way that works for you. Select funds based on your preferred level of risk, invest in big household names, track an index, invest ethically in what matters to you or invest around a theme or trend. There’s even Physical Gold. When investing, your capital is at risk.
We’ve made it easy to start building wealth with a Chip Stocks & Shares ISA. There’s no forms or fuss and you can get started in just a few minutes.
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On the ‘Invest’ tab of your Chip app select Stocks & Shares ISA, then select your first investment fund (you can add more later).
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Enter your National Insurance Number, nationality and accept the terms. Then simply select your first investment fund (you can add more later).
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Make your first deposit via bank transfer, from your Chip savings accounts, debit card or Apple/Google pay and that’s it. Your ISA is open!
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Investing with Chip means you get so much more than just an ISA with our full range of products and features designed to build your wealth.
You’ll get access to market-leading savings accounts, the chance to win £35,000 in prizes each month, unlimited use of our automatic saving and investing features and much more.
A Stocks and Shares ISA offers the possibility of better returns in the long run compared to saving in cash. For those who aren’t looking for instant access to their money and are prepared to keep money invested for a number of years, it could be the right fit.
When it comes to investing your capital is at risk and your investments can go down as well as up in value. Chip does not give financial advice and you should not construe this as a personal recommendation. Always do your own research.
You can only pay into one Stocks and Shares ISA per tax year. You can have multiple Stocks and Shares ISAs open with different providers as long as you only pay into one per tax year.
A stocks and shares ISA is effectively a box you put different investment products into with a ’tax wrapper’ around it, meaning any investment growth is tax-free. These can include investment funds or trusts, exchange-traded funds, individual stocks, corporate and government bonds and more.
Yes you can have both a Stocks and Shares ISA and a Cash ISA and pay into both in the same tax year. Please ensure you don’t go over your overall limit of £20,000 however.
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