Offer at a glance

• If you deposit a minimum £100 into your Prize Savings Account and enter the promo code PSA10 before 23:59 11 August, you will receive a £10 bonus into your Prize Savings Account. 
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Eligibility criteria (who you need to be)

• You need to :
  
  • have opened a Prize Savings Account between 1 February 2025 and 15 July 2025 and have a balance of £0; 
  • AND have a balance of £0 across all Chip savings and investments products. 
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How to qualify (what you need to do)

• Head to the Profile > Promos & Referrals > Enter a code section of the app and enter the promo code PSA10;
• Deposit a minimum £100 into your Prize Savings Account before 23:59 11 August; 
• Hold the minimum £100 in your Prize Savings Account for a minimum of 30 days;
• You will receive a £10 bonus into your Prize Savings Account after the 30 day holding period if you meet the eligibility criteria outlined above. 
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How and when you’ll be rewarded

• If you meet the eligibility criteria outlined above you will receive a £10 bonus automatically applied to your Prize Savings Account after your 30 day holding period.  

• There is only one £10 bonus available per user. 

• The £10 will be paid as a bonus, which means it won’t count towards your cash balance as entries in the monthly draw for the Prize Savings Account. You must hold a balance of £100 in the Prize Savings Account to be entered into the monthly prize draw. The Prize Savings Account does not offer interest on your savings. For current prize values, entry and eligibility criteria and how to opt-out see our Prize Savings Account Terms here. FSCS limits of £85,000 apply (subject to eligibility). Prizes are not FSCS eligible until they have been withdrawn back to your linked account. ClearBank provide the account and Chip offer and manage both the account and the Prize Draw.

• The funds awarded in this promotion cannot be claimed by anyone other than the account holder. For example, this cannot be claimed as part of a deceased estate unless actions have been previously taken to transfer ownership. 

• 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.

• 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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Withdrawing your bonus 

• Whilst you will be able to see bonus funds in your balance, you won't be able to withdraw them unless you're withdrawing your entire balance. 
• When bonus funds make up part of your withdrawal, they will arrive as a separate transaction from the rest of your withdrawn funds. 
• Bonus funds can take up to 5 working days to reach you, as they are held in a separate place. However, these will usually arrive in your linked account within 48 hours.

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Who are Chip? 

Chip is a trading name of Chip Financial Ltd and is authorised by the Financial Conduct Authority under the Payment Services Regulation 2017 for the provision of payment services. Firm Reference Number 911255.

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