Offer Summary
How to Claim This Offer
Step 1
Sign up to Chip using the link below (note: this does not include the 100 prize draw welcome bonus)
Step 2
Open a Chip Saving account
Step 3
Make deposits to start earning competitive interest rates
Step 4
Access your unique referral link within the app
Step 5
Refer your friends to earn 100 prize draw tickets each when they sign up To receive the 100 prize draw entry welcome bonus, you would need to sign up using a referral link from an existing Chip user instead. FSCS protected up to £85,
Step 6
T&Cs apply. UK only.
About Chip
Chip is a UK savings app that helps users set money aside automatically through their easy-to-use platform. The app offers competitive interest rates on savings with FSCS protection up to £85,000, ensuring your money is safe. Chip uses smart technology to help you save without thinking about it, automatically setting aside small amounts based on your spending habits and income.
Sign Up Bonus Details
My Scrimpr link allows you to create a Chip account, but please note this is an affiliate link and does not include the 100 prize draw entry bonus that's available when signing up through an existing Chip user's referral link. If you want to receive the 100 prize draw entries for depositing £100+, you'll need to use a referral link from an existing Chip user instead.
However, once you've created your Chip account through any method, you can immediately start referring your own friends and earn 100 prize draw tickets for each friend who signs up using your referral link. Open a Chip Saving account, make deposits as desired, and access your unique referral link to share with friends. Your savings are protected by FSCS up to £85,000. T&Cs apply. UK residents only.
Bonus amount: £100
Refer a Friend Bonus
Chip users can refer friends and earn 100 prize draw tickets for each successful referral. Once you have a Chip account, share your unique referral link with friends who are new to Chip. When they sign up using your link, you'll receive 100 prize draw entries.
There's no stated limit on the number of friends you can refer, allowing you to accumulate prize draw entries with each successful referral. Your friends will also be able to start their own referral journey once they've created their account, earning 100 prize tickets for each person they refer. T&Cs apply.
Frequently Asked Questions
Chip is currently offering £100 as a bonus for new customers.
Chip has a refer a friend programme rather than a promo code.
Check Chip's terms and conditions for details on withdrawal restrictions and any minimum holding periods.
Yes. Chip is regulated by the Financial Conduct Authority (FCA) with reference number 911255. You can verify this on the FCA Register.
Payout times vary. Check the terms on the Chip website for specific timescales.
T&Cs apply.
Advertiser Disclosure
Scrimpr may receive compensation when you click on links and sign up with featured partners. This does not influence my rankings or recommendations, which are based on independent research and analysis. All offers are verified before inclusion.