Meet Chip, the automatic savings app that helps you save up for the things that matter, without feeling it.
Chip knows how much you can afford to save and puts money away for you, to help you reach your goals without even trying. Chip saves money you’ll hardly notice, every few days, totally automatically. Finally, saving money is as easy as spending it.
If your wallet can’t keep pace with your lifestyle, if you have a credit card habit that’s hard to kick, or if you’re “just not a saver” - listen up.
Why use Chip?
• Automatic savings help you save for the things that matter, without feeling it.
• Save more, save less or withdraw your savings any time.
• Built-in tracker shows you what you’ve spent so far, and how it compares to last month.
• Earn up to 5% interest - a rate that’s better than the bank in today’s economy.
• Bank-grade security, with FCA regulation and 256-bit data encryption.
• Get help instantly with live chat customer support.
How does it work?
To start saving, all you have to do is link your bank account, then sit back and let Chip do the work. It learns about your spending behaviour, and every few days it calculates a save you can afford and automatically transfers it to your Chip savings account (held in your name at Barclays).
Chip uses an algorithm to analyse your spending patterns and work out how much you can afford to save. Bringing the latest artificial intelligence technology to personal finance, Chip is smarter than your bank.
Chip transfers money from your bank account into your Chip savings account (held at Barclays) using Direct Debit. You can check your savings account balance any time.
What are you waiting for?
Join us and become an automatic saver - just download Chip, connect your bank account then sit back and let it happen.
"Never trust a computer you can’t throw out a window."
- Steve Wozniak
This is the last app update before the big Chip 2.0 launch. A few bug fixes & GDPR compliance updates. We're hard at work bringing you Chip 2.0 and we can't wait to share the results with everyone.
Ratings and Reviews
Thank you, thank you, thank you!
Not sure if the team at Chip even read these reviews but I wanted to say a great big THANK YOU because with your help I've succesfully saved for my dream travelling holiday. I have the 5% interest (I was a very early sign up so got this without refering people which proabbly does make it slightly more appealing to me then than it does now) which is miles better than anything else on the market. Whilst my friends were trying all these small tips and tricks to put away money I knew that I had a handy little app which put my spare cash away for me. Like a few reviews I've read, I did experience a few technical issues but on every occasion I was quickly able to be connected through live chat to a member of staff who resolved the problem for me. I think the interface is super user-friendly and it really makes saving more of a fun achievement than a chore. Having the quarterly interest payments incentivised me not to withdraw money on a whim, like I have done with other savings accounts. Also, there have been occasions where chip have messed up but everytime the problems have been resolves quickly, efficiently and professionally.
This review probably sounds like I've been paid to write it or that i'm a member of staff (that's what I normally expect from a great review) but I honestly just love this saving app.
Thanks a lot and if you haven't got it yet, get on it!
Developer Response ,
Thank you so much for your lovely comment! We're delighted that you're enjoying using the app, and have managed to save up for your dream holiday! Please let us know if there's anything else that we can do to make your user experience even better :)
Works brilliantly at saving for you
I’ve used this app for quite a few months now and wanted to see how well it works before I posted a review. I have very little income as I only work part time and I really didn’t think it would be possible to save anything as I’m barely left with £10 at the end of the month. I’ve managed to save £80 not including a couple of withdrawals I’ve done. It may not seem a lot but every penny counts. It hasn’t messed any bills up yet that are on direct debit as it knows what’s to be paid and when by giving the app access to see your account and it sets up a direct debit to withdraw money into your chip account. I have withdrawn money from chip before and it was quick and easy. It really couldn’t be any simpler and hassle free. I would definitely recommend it even if you're only income is benefits as you maybe able to put aside a couple of quid here and there. As it’s not a part of my normal banks online banking I’m a lot less likely to withdraw because I don’t see the money sitting there!
Amazing app changed my life
I love this app! I was very sceptical about letting a robot handle my finances, but it does a better job than I could ever do!! I love it and have full control over the amounts that are saved. I will use this app forever now, it will be on every phone I ever buy for the rest of my life. I gave up smoking and was introduced to chip through the quit smoking app and I’m so grateful to have been introduced.
The only criticisms are to be taken constructively. The time it takes for the money to be debited from from your account is a little slow. I would like to see this speed improve for a better user experience.
Also I think a great feature to add would be a line graph or several different graph types that display what you have saved over the time using the app. Would add a great visual to saving.
Overall I am mighty impressed with this app and put my money where my mouth is and invested in the company. I truly believe this app is the future of banking.
- Chip Financial Ltd
- 60.1 MB
Requires iOS 8.0 or later. Compatible with iPhone, iPad and iPod touch.
- Age Rating
- Rated 12+ for the following:
- Infrequent/Mild Realistic Violence
- Infrequent/Mild Profanity or Crude Humour
- Infrequent/Mild Mature/Suggestive Themes
- Infrequent/Mild Alcohol, Tobacco, or Drug Use or References
- Infrequent/Mild Cartoon or Fantasy Violence
- © Chip Financial Ltd
Up to six family members will be able to use this app with Family Sharing enabled.