Chip Cash ISA
5.10% AER
5.10% AER
Earn 5.10% AER (variable tracker).
Earn interest monthly, tax free.
No withdrawal limits.
Open Account
Cash ISA
Savings Accounts
Cash ISA Transfers
5.10% AER

Transfer your Cash ISA.

Cash ISA transfers are now here, and you can get yours today.



ISA transfers allow to move your wealth between providers so that it keeps it's tax free status.

Chip Cash ISA is provided by ClearBank Limited. ISA limits apply. Deposit up to £20k per tax year. Chip does not provide tax advice or financial advice. Tax treatment depends on individual circumstances and may be subject to change in the future.

Benefits of transferring a Cash ISA to Chip.

Whatever cash ISA balance you’ve accumulated over the current or previous tax year(s), bring it to Chip and take advantage of our competitive rate (5.10% AER, tracking variable), unlimited, penalty-free withdrawals, and tax-free interest that’s paid to you monthly.

5.10% AER (variable tracker).

Deposit and withdraw without impacting your ISA allowance.

Earn interest monthly, tax free.

How to transfer a Cash ISA to Chip.

You can initiate and track your ISA transfer in-app, and our award-winning customer support team is always here to help.

Here's how to get started:

  1. Download Chip

  2. Open a Chip Cash ISA

  3. When opened, tap the ‘Transfer’ button to request your transfer

  4. We'll do the work

See how much you can save

See how much interest and tax you could save in 5 years with Chip’s Cash ISA.

If you deposit:
£10,000
Your annual interest
SNP5K
Tax savings*
£484.00
*The calculation assumes you are on the higher rate tax bracket (£50,271 to £125,140) and the interest rate doesn’t change during this period. The tax is compared with savings held in a non-ISA account with the same interest rate and would be variable based on the interest rate and your personal circumstances.This calculator has been made for illustrative purposes. Chip does not provide tax advice. Tax treatment depends on individual circumstances and may be subject to change in the future.

What are the competitors rates?

The interest rate depends on the type of cash ISA and the chosen provider. Fixed rate cash ISAs offer a guaranteed return for a set period, whereas variable rate cash ISAs may change if the provider adjusts its interest rates.Cash ISA interest rates can vary between financial providers, so it’s always good to do your research with comparing Cash ISA rates. Here’s the current ISA rates from recognisable providers:

Earn returns 2x higher than the highest ‘Big Four’ easy-access interest rate.

As your wealth grows, so does the possibility of you paying tax on your savings interest. This makes the Chip Cash ISA the next logical step in your wealth building journey.

2.50%

Highest of the. ‘Big Four’* Cash ISA Accounts

5.10%

Chip Cash ISA

T&Cs apply. 5.10% AER. Chip account required. *‘Big Four’ refers to: Barclays Instant Cash ISA, Lloyds Cash ISA saver, NatWest Cash ISA, HSBC Cash ISA. Rates vary between 1.21% to 2.50% AER, as of June 25 2024. In this calculation we work out how many times greater the 2.50% HSBC Cash ISA rate is against our Cash ISA 5.10% rate. Returns assume that rate remains the same for the year and £10,000 is held in the account with no further deposits or withdrawals. All the Cash ISA rates on each provider’s page above are correct as of 28/06/2024.
Chip Cash ISA
5.10% AER
5.10% AER
Earn 5.10% AER (variable tracker).
Earn interest monthly, tax free.
No withdrawal limits.
Open Account

Frequently asked questions

Everything you’ve ever wanted to know about the Cash ISA. New terms in effect from 18 June 2024: Cash ISA Key Features & Summary Box

Can I transfer an existing Cash ISA into Chip?

You can transfer your full Cash ISA balance (i.e. your contributions from previous years’ ISA allowances) into your Chip Cash ISA without it affecting your current year’s allowance; Your total contributions for the current tax year will still be capped at £20,000.

Can you accept partial Cash ISA transfers?

We can’t accept partial transfers; if you wish to bring your existing cash ISA(s) to Chip, you will need to transfer your entire balance.

What is the annual ISA allowance and when does it reset?

The annual ISA allowance is £20,000 across the four different types of ISAs available, this includes the Cash ISA. For example, if you had deposited £10,000 in your Chip Stocks and Shares ISA and £10,000 in a Chip Cash ISA, you would have reached your annual ISA limit. Your annual ISA allowance resets at midnight 5 April 2025. After this point we are in a new tax year and your new £20,000 ISA allowance comes into effect. New money can be split between each ISA type. One each per tax year.

What does a flexible ISA mean?

A flexible ISA allows individuals to withdraw money from their ISA accounts and then replace it within the same tax year without affecting their annual ISA allowance. Also, if you withdraw your money in our Cash ISA, you won’t receive any restrictions or penalties.

When is interest paid?

Interest is paid on the fourth working day of each month.

Is there a minimum or maximum deposit?

Minimum deposit is £1 and there is no maximum deposit in your Chip Cash ISA. However, your ISA allowance for 2024/25 is £20,000 per year (this limit also includes subscriptions you make into other types of ISA you hold).

Are there any fees associated with opening and holding a Chip Cash ISA?

There are no fees or charges associated with opening and holding Chip Cash ISA. Fees and charges may apply for additional features that you may choose to use.

Still have questions?