What do I need to do to qualify for the 0.28% AER boost?

‍You’ll need to:

• Deposit at least £5,000 into your Chip General Investment Account (GIA), Stocks & Shares ISA, or a combination of both.

• Enter the promo code INVEST5K in the Chip app under ‘Profile’ > ‘Promos and Referrals’ between 20 November and 23:59 5 December 2024.

It doesn’t matter which order you complete the above steps.
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Who is eligible for this promotion?

To be eligible, you must:

• Be a new investor with Chip (i.e. never opened a Chip investment account) OR have a balance of £0 in your GIA and/or Stocks & Shares ISA as of 20 November 2024.

• Have a balance of at least £0.01 in your Chip Cash ISA.
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How will I receive my boosted Cash ISA rate?

Once your deposit of £5,000 has been made in your Chip investment account, your Cash ISA rate will be boosted by 0.28% AER. This takes the rate to 4.86% AER (variable tracker) for 365 days. If you’re already receiving a boost from a previous offer, this boost will be applied after the current one ends.
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When will my boosted rate start and how long will it apply?

Your boosted rate will start after your deposit has been initiated in your investment account, which will take a few days to process. It will remain in effect for 365 days. Please note your deposit can take a few days to arrive but as long as the deposit is pending you will be eligible for the promotion.
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What happens if the Chip Cash ISA interest rate changes?

If the underlying Chip Cash ISA rate changes, your AER will also change accordingly, but your 0.28% AER boost will remain the same.
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What happens after the 365-day boost period?

After 365 days, your Chip Cash ISA will revert to its standard rate (currently 4.58% AER variable tracker, subject to change).
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What if I already have an open Chip investment account?

You’re still eligible. Simply deposit at least £5,000 into your GIA, Stocks & Shares ISA, or a combination of both, and use the promo code INVEST5K within the specified time frame.
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What happens if I don’t deposit £5,000?

Unfortunately, if you do not meet the eligibility criteria or fail to complete the required steps within the promotional period, you won’t qualify for the boosted rate.
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Where can I check my current rates and boosted rate period?

You can track your current rates and remaining boosted period in the Chip app under your Cash ISA details.
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What happens if I’ve previously received a boosted rate from another promotion?

If you’ve received a boosted rate from a previous promotion or referral on your Cash ISA, your new boosted rate will begin after the current boosted rate ends.

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