Offer at a glance

• Between 09 February and 23:59 18 February 2026;
• Deposit minimum £25,000 of ‘new money’ into the Chip Prize Savings Account; 

“New money” means funds that increase your total Chip balance (across all Chip accounts) by at least £25,000 compared to your total Chip balance at 23:59 on 08 February 2026, prior to the start of the 90-day holding period.

• Hold total Prize Savings Account balance for 90 consecutive calendar days;
• We will give you £150 into your Prize Savings Account on 21st May after you have completed the 90 day holding period. 

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Eligibility criteria (who you need to be)

• You need to :
  
  • be a Chip customer and;
  • have an open a Prize Savings Account and; 
  • Have directly received the promotional communications for this invite-only promotion. 

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How to qualify (what you need to do)

• Before 23:59 18 February 2026, increase your Prize Savings Account balance by at least £25,000 above your balance at 23:59 on 08 February 2026;
• Maintain a Prize Savings Account balance that remains at least £25,000 above that starting balance for 90 consecutive calendar days, from 23:59 18 February 2026. 
• To qualify for this promotion, the £25,000 deposit must be new money to Chip.
  
  • For the purposes of this promotion, ‘new money’ means funds that increase your total Chip balance (across all Chip accounts) by at least £25,000 compared to your total Chip balance at 23:59 on 08 February 2026, prior to the start of the 90-day holding period.
  • Money already held in any Chip account (including but not limited to the Prize Savings Account, Easy Access Account, Chip Instant Access, Cash ISA, or any other Chip account) at that time does not count as new money.
  • Funds moved between Chip accounts, or withdrawn and redeposited after 08 February 2026, do not qualify as new money and will not be eligible for this promotion.
• During the 90-day holding period, your Prize Savings Account balance must remain at least £25,000 above your starting balance at all times. Your overall Chip balance may decrease during the holding period, provided that the Prize Savings Account balance requirement continues to be met.
• If you open the promotional email, then withdraw funds from any Chip account, you must redeposit that withdrawn value plus the minimum £25,000 in your Prize Savings Account to be eligible.
  
• If at any point during the 90-day holding period your Prize Savings Account balance falls below the required level, you will no longer be eligible for the £150 bonus.

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How and when you’ll be rewarded

• You will receive a £150 bonus into your Prize Savings Account on 21st May after the 90 day holding period if you meet the eligibility criteria outlined above. 

• There is only one up to £150 bonus available per user. 

• The £150 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 £10  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 £120,000 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.
• Chip reserves the right, at its sole discretion, to determine whether a deposit constitutes new money and to withhold or reclaim any promotional bonus where it reasonably believes that funds have been recycled, transferred, or otherwise moved between Chip accounts for the primary purpose of qualifying for this promotion.
• 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 and our Privacy Notice.
• ‍Chip reserves the right to modify or terminate the promotion at any time. 

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Who are Chip?

Savings

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.