Chip - Investments and savings

from United Kingdom of Great Britain and Northern Ireland (the) 

Neobank

App Store Bewertung : 4.6

Gegründet 2017

Private |

Chip is an investing and savings app. Download Chip to begin investing in funds, our general investment account and open a savings account.

Chip app screenshoot 2
Geräterahmen
Chip app screenshoot 1
Geräterahmen

Note: This review below has been generated using AI (12/04/2025 15:03:53), based on the analysis of App Store reviews from the last 90 days. The insights provided are derived from aggregated user feedback and aim to give you an overview of the app's current performance and user sentiment. More info here 

Emoji icon 1f64c.svg

Summary

Recent reviews from the last 90 days: Several users report persistent technical issues, including difficulty signing up, logging in, and updating card details. Some are frustrated with customer service responsiveness and account closures. Positive feedback continues regarding the ease of saving and the app's design, but concerns around interest rate drops and lack of options for existing customers are emerging.

Pros:

  • - Automated savings features make saving easy and effortless.
  • - User-friendly design and good app speed.
  • - Competitive interest rates (though some recent dissatisfaction noted).

Cons:

  • - Significant technical issues: Many users report problems with signing up, logging in, and endless verifying loops, preventing them from accessing the app at all. This appears to be a recurring, unresolved problem.
  • - Poor customer service: Slow response times and unhelpful AI-generated responses are frustrating users seeking assistance.
  • - Account management problems: Difficulty closing accounts and resolving chargeback issues. Confusion around "credited" failed transfers leading to incorrect balance displays.
  • - Lack of control/options: Users desire a log out option and more control over their savings options, with some expressing frustration over exclusive rates for new customers and sudden rate drops without notification.
  • - Integration issues: Some users have had their initial deposits flagged and cancelled by their banks, causing conflicts between Chip's displayed balance and their actual bank balance.

Chip - Investments and savings

Chip is an award-winning savings and investments app that makes it easy to build your wealth.


DEPOSIT IN SAVINGS ACCOUNTS


We offer several savings accounts, all provided by UK-authorised banks and covered by the Financial Services Compensation Scheme (FSCS).


INSTANT ACCESS SAVINGS WITH A GREAT RATE


The Chip Instant Access Account is an easy access savings account with a highly competitive interest rate.


TAX-FREE INTEREST WITH OUR CASH ISA


Earn tax-free interest with our fully flexible easy-access Cash ISA. You can deposit up to £20,000 every tax year, and any withdrawals won't affect your ISA allowance.


DEPOSIT TO WIN £10,000


With Chip’s Prize Savings Account, each month, we will pay up to £75k in prizes. This includes a Grand Prize of £10k, as well as thousands of smaller prizes.


It’s free to enter, you just need to hold an average balance of £100 in the account. (T&Cs and eligibility criteria apply).


BUILD WEALTH HANDS-FREE WITH SAVINGS PLANS


Automatically save up money using AI, or create a bespoke plan to top up your savings accounts and investment funds on a custom schedule.


INVEST IN FUNDS


We make it easy to put your money to work with investment funds powered by the biggest asset managers in the world, like BlackRock, Vanguard and Invesco.


These diversified funds enable you to invest in a wide range of assets all at once. You can choose between funds that are globally diversified, specialise in ethical investments and clean energy, or get in on the next big thing and invest in emerging markets. We’re always expanding this list too.


WHAT INVESTMENT ACCOUNTS DOES CHIP OFFER?


We offer users the chance to make more of their money with a Stocks & Shares ISA. All the funds we offer are suitable for use with a Stocks and Shares ISA.


Our Stocks & Shares ISA allows you to invest up to £20,000 every tax year, and any profits you make are protected from tax.


If you have more than £20,000 to invest, or your annual ISA allowance is already full, you can use a General Investment Account (GIA) to invest as much as you like.


WHY SHOULD I INVEST WITH CHIP?


As a Chip user, you can build a portfolio across a wide range of investment funds built by the experts.


Our Savings Plans enable you to top up your investment funds or savings accounts automatically, either using our award-winning AI, or by making your own fully custom automated investment strategy.


SECURITY AS STANDARD


We provide the highest level of security as standard, offering 256-bit encryption, 3D Secure and the latest Open Banking technology. All savings accounts in Chip are eligible for FSCS protection on up to £85,000 of savings. Our award-winning UK-based customer support team is on hand.


INVEST WITH CHIP


Join 700,000 users seeking to build a better financial future with Chip, crowned Personal Finance App of the year 2022 at the British Bank Awards.


When investing, your capital is at risk. Past performance is no indication of future performance. The information communicated is generic and not specific to any particular investment. It does not constitute and should not be interpreted as either tax or financial advice. The value of investments can go down as well as up. Please also note that tax treatment depends on individual circumstances and may be subject to change in the future.

Ratings and reviews

See what others are saying before you choose your neobank.

Chip Alternatives

F.A.Q.

Sie haben Fragen? Wir haben die Antworten.

Offenlegung von Partnerschaften Anstelle von Werbebannern und Paywalls verdient Neobanque Geld durch Partnerlinks zu den verschiedenen Zahlungsdienstleistern, die auf unserer Website vorgestellt werden. Obwohl wir hart daran arbeiten, den Markt nach den besten Angeboten zu durchforsten, können wir nicht alle möglichen Produkte berücksichtigen, die Ihnen zur Verfügung stehen. Unser umfangreiches Angebot an vertrauenswürdigen Affiliate-Partnern ermöglicht es uns, detaillierte, unvoreingenommene und lösungsorientierte Empfehlungen für alle Arten von Verbraucherfragen und -problemen zu geben. Auf diese Weise können wir unsere Nutzer mit den richtigen Anbietern für ihre Bedürfnisse zusammenbringen und auf diese Weise unsere Anbieter mit neuen Kunden zusammenbringen, so dass alle Beteiligten davon profitieren. Auch wenn wir für einige Links auf Monito eine Provision erhalten, hat diese Tatsache keinen Einfluss auf die Unabhängigkeit und Integrität unserer Meinungen, Empfehlungen und Bewertungen.