Offer at a glance
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• The 0.25% AER boost can take your Smart Cash ISA rate to 4.00% AER (variable tracker).
  
  • Based on the current Chip Smart Cash ISA standard rate of 3.75% AER variable tracker, 3.69% Gross, which tracks 0.06% under the Bank of England base rate) as of  24 June 2026. 
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• The 0.25% AER boost;
  
  
  • lasts for 12 months, beginning on 27 July 2026, and;
  • only applies to up to £20,000 of balance in your Smart Cash ISA, and;
  • is only available to customers without an existing rate boost on their Smart Cash ISA. 
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• To be eligible for the boost, you must;
   
  
  • have an open Smart Cash ISA before 23:59 24 July 2026, and; 
  • have a Qualifying Investment Balance of £5,000+ as of 23:59 on 24 July 2026. 
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• The Promotion Period begins on 24 June 2026 and ends at 23:59 (British Summer Time) on 24 July 2026.

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Eligibility Criteria (who you need to be)
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• This promotion is available to all qualifying Chip customers and is open to both new and existing customers.
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• To be eligible, you must not have any other promotional or referral boost currently applied to your Chip Smart Cash ISA.

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Qualifying actions (what you need to do)
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• To qualify for this promotion, you need to have a Qualifying Investment Balance of £5,000 or greater no later than 23:59 24 July 2026. 
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  • Note your Qualifying Investment Balance does not include growth / losses / dividends generated during the Promotion Period (see ‘How we calculate your Qualifying Investment Balance’ below). 
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• You will not be eligible for this promotion if;
  
  
  • you have/reach a Qualifying Investment Balance of £5,000+, but;  
  • you withdraw money from your investment account(s), and;
  • this reduces your Qualifying Investment Balance below £5,000 as of 23:59 24 July 2026. 
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• You will remain eligible for this promotion if; 
  
  
  • you have/reach a Qualifying Investment Balance of £5,000+, but;
  • your overall Investment Balance falls to below £5,000 due to investment performance as of 23:59 24 July 2026. 
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• To be eligible for this promotion, you will need an open Smart Cash ISA before 23:59 24 July 2026 – you will not receive your rate boost if you do not open a Smart Cash ISA before this date. 

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How we calculate your Qualifying Investment Balance:
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• Your ‘Investment Balance’ is the total value you hold in any investment funds or as uninvested cash in your Chip Stocks & Shares ISA and/or General Investment Account (GIA) and includes investment growth, losses or dividends.
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• We’re using ‘Qualifying Investment Balance’ for this promotion, to ensure that market performance does not affect your eligibility during the promotion period. 
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• To calculate your Qualifying Investment Balance we will look at your;
   
  
  • “Opening Investment Balance” on 23:59 on 23 June 2026 and; 
  • “Net Deposits” between 00:00 24 June 2026 and 23:59 24 July 2026. 
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• Your ‘Opening Investment Balance’ is your ‘Investment Balance’ as of 23:59 on 23 June 2026
  
  • This will include any interest payments / growth / losses/ dividends that have been paid or accrued prior to  23:59 on 23 June 2026
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• “Net Deposits” are the cash amount you deposit, minus any withdrawals, between 00:00 24 June 2026 and 23:59 on 24 July 2026 (i.e. during the promotion period).
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  • These will not include any interest payments / growth / losses / dividends.
  • Pending deposits do not count towards your net deposits. Only deposits that have settled into your investment account(s) will be taken into consideration when determining your net deposits.
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• Note if you choose to sell down your investments this will update your Qualifying Investment Balance using the same calculation we use for your Annual Valuation Statement. We look at the original price you paid for your investment and compare this to how your investment's unit price has changed to ensure that original capital is accounted for proportionately towards the “Net Deposits” in your entries.

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How and when you’ll be rewarded
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• If you meet the eligibility criteria and complete the qualifying actions, we'll automatically apply your +0.25% AER rate boost on  27 July 2026.
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• Your rate boost is only paid on up to £20,000 of balance in your Smart Cash ISA. Any balance over that amount will earn a standard rate of 3.75% AER (variable tracker).
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• For example, if you have £50,000 in your Smart Cash ISA, only £20,000 will earn the boosted rate, and the remaining £30,000 will earn the Smart Cash ISA standard variable tracker rate.
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• Your rate boost will last for 365 calendar days (12 months) from 27 July 2026. After this, your rate will revert to the Chip Smart Cash ISA standard variable rate – currently 3.75% AER (variable).

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General
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• The Smart Cash ISA Standard Rate is variable and tracks 0.06% (gross) below the Bank of England base rate.
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• This promotion cannot be used in conjunction with any other promotional or referral offers.
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• With all Chip promotion campaigns, you must be over 18 years old and be a resident of the United Kingdom for tax purposes, in order to participate.
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• If Chip has grounds to suspect any user, or associated third party of abusing the promotion in any capacity, Chip reserves the right (in its sole discretion) to disqualify any person it reasonably believes to be responsible for, or associated with, such activity and/or refuse to pay any bonus.
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• Any Chip promotion is also subject to the eligibility requirements of a Chip account, which can be found in Section 4 of our Terms of Use. Also see our Privacy Notice for information on how we use your data.
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• ‍Chip reserves the right to modify or terminate the Boosted Rate Promotion at any time. For any user whom the boosted rate promotion has been applied, Chip will provide 14 days’ notice to modify or terminate the promotion.
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• Any complaint that you may have in connection with this promotion will be handled in accordance with Chip’s complaints process as set out in the Chip Group Terms of Business.