Terms and conditions:

Refer a friend to sign up to the ChipX subscription with your unique referral code and you and your friend could be eligible for a £30 bonus each. This offering starts at 12:00am on the 31st January 2023 UTC and ends at 23:59 on the 7th February 2023 UTC.

How to redeem offer & eligibility requirements:

If you are referring someone: 

  • Share your unique referral code that you can find in app under ‘Promos & Referrals’

  • There is no limit on how many people you can successfully refer*.

  • Remain on the ChipX subscription for at least 1 month from redemption of offer. (Example: if you redeemed the offer on 01/02/2023, then you would need to remain on the ChipX subscription until at least 01/03/2023.)

  • Once the person you’ve referred has completed the “If you are being referred” eligibility requirements (below), your £30 bonus will be awarded to your Chip Prize Savings Account within a month.

*Referrals and sharing of referral codes must not be made through public communications. For example, referral codes must not be shared on public social media platforms or forums such as posting on Instagram, TikTok, Reddit and YouTube (with the exception of the direct messaging services) which may also be a criminal offence under applicable regulation and law.

If you are being referred:

  • Download Chip and set up your new account

  • Enter your referral code, you must enter this in the Promos & Referrals section under your profile tab in app. Tap ‘Enter promo code’ and add in your unique code there. 

  • Join the ChipX membership plan (monthly or annually) in the profile tab

  • Open a General Investment Account (GIA) or a Stocks & Shares Individual Savings Account

  • Make a single deposit of at least £100 into a ChipX investment fund (cannot be a fund available on Chip’s free plan). You can filter funds by ChipX on the “Select an investment” screen. This investment must be held for the whole 1 month period.  

  • Remain on the ChipX subscription for at least 1 paying months from redemption of offer. (Example: if you redeemed the offer on 01/02/2023, then you would need to remain on the ChipX subscription until at least 01/03/2023.)

  • If eligible, your bonus will be awarded to your Chip Prize Savings Account within a month of completing the above steps.  

General Terms

You must be over 18 years old and be a resident of the United Kingdom. This promotion is also subject to the eligibility requirements of a Chip account, which can be found in Section 4 of our Terms of Use 

  • For new customers (people who have been referred) only one new promotional code can be redeemed upon opening an account. You cannot use multiple codes and codes cannot be stacked.

  • You and the person you referred must both be on the ChipX membership plan and pay the subscription fee for 1 month.

  • Your promo code will be valid for 7 days after registering a Chip account.

  • You must be on version 4.20.1 or higher on the Chip app.

  • All other terms and conditions associated with the Chip Investment Platform apply to this promotion. Full Chip Investment Platform Terms can be found here: https://www.getchip.uk/legal/important-documents 

  • Please note that if you choose to open a Stocks & Shares ISA whilst on the ChipX subscription, you will use your allowance of one Stocks & Shares ISA per tax year.

  • If Chip has grounds to suspect any entrant or third party of cheating, deception or fraudulent or unsportsman-like conduct of any kind (including, without limitation, manipulating promo codes) or if Chip believes the promotion is being abused in any way, Chip reserves the right (in its sole discretion) to disqualify any promo code or person it reasonably believes to be responsible for, or associated with, such activity and/or refuse to apply any bonus. We will explain this to you in writing if it applies to you.

How will the bonus be paid?

  • The £30 bonus will be awarded into your Chip Prize Savings Account. 

  • You will need to have an open Chip Prize Savings Account to receive the bonus.

  • If you have been referred, the £30 bonus will be paid out within a month after all the above requirements have been met.  

  • If you have referred someone, the £30 bonus will be paid out within a month after the person you referred has met all the conditions required.  

  • You will be able to access the bonus by withdrawing the full balance from your Chip Prize Savings Account.

  • “Bonus” money is not cash, and is not the same as money you have deposited and is not covered by the Financial Services Compensation Scheme (FSCS). This is money Chip promises to pay you when you withdraw all the cash you’ve deposited from your Chip Prize Savings Account. See further information on bonuses in our terms.

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.