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Chip: Savings App reviews

Name: Savings App
Rating: 4.92 (14675 reviews)

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4.92

Based on 14,675 reviews, last reviewed 26th Feb 2025

2840% increase in 5 star reviews

in the past 90 days

200% increase in 1 star reviews

in the past 90 days

94%

Latest highest rating:

5

Best savings/investment app Easy to use with a wide offering of high earning products Reviewed on: 26th February 2025

Latest lowest rating:

1

Terrible customer service Can't speak to a person as there is no telephone number, chat is a joke with robotic cookie-cut answers, very difficult to withdraw money they require... Read more Reviewed on: 18th February 2025

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About this product

Chip allows users to connect their current accounts and automatically save a little money every few days.

Using Chip to help save money already? Please leave some honest feedback on your experiences with Chip in the form of a quick review. Your Chip review helps others decide which personal finance app is right for them.

Or here to see if Chip is just what you need? Read our Chip reviews to see what our community has to say about this innovative new app.

Chip Savings App reviews (14675)

Review of the Chip, Savings App:

One stop app for savings and investments

Market leading interest rates and an investment platform where you can seamlessly move money between cash and various investments. Reviewed on: 15th March 2022

Thank you, Chip.

I just had to go back through my emails and find out when exactly I started my Chip journey, it was 2018. I opened up my first few emails and was met with a GIF for each one celebrating an automatic save, those days were so fun (the kitten snatching the wad of cash? Adorable!) In all these years I’ve used this app it’s just grown from strength to strength, and because of that, so has my ability to save. Automatic saves made stashing little (or big) amounts of money away every few days so easy and it just showed how that money builds up over time. The introduction of payday saves helped prioritise my outgoings and set aside another sum of money so as to avoid unnecessary spends. Every year Chip has grown and been able to offer people like me, new ways to save my money. Easy access account with high interest earnings, prize money accounts, cash ISA, investments, come on how can you not be so excited by these opportunities? One big factor is that you can be a real beginner in all these areas, but Chip still makes you feel in control and gives you the confidence to make your money work hard. According to my latest figures, I have saved £73,000 since I started my journey. I’d like to thank Chip for helping me get to a place where I feel comfortable and confident with my savings, I will continue to be a Chip user and fan! Reviewed on: 22nd February 2024

Chip helped me build a portfolio.

Chip has helped a complete novice build a portfolio of wealth that I never thought possible. The app is so easy to use, and it's great to see your money growing without even thinking about it. I am now in a situation where I can breath finacially so when the big urgent repairs bill come in we have a buffer to cope. Chip is a revolutionary app that has helped individuals, both novice and experienced, reach their financial goals with ease. By providing innovative tools and features, Chip has made investing accessible and effortless for all users. The app boasts a user-friendly interface, making it easy for anyone to navigate and understand. This means you don't have to be an expert in finance or technology to start building wealth with Chip. You can simply download the app on your smartphone or tablet and get started in minutes. Once you've downloaded the app, you can set up your account by linking your bank details. This process is quick and easy. Reviewed on: 22nd February 2024

Good interest rates comparing to the market, very ea...

Good interest rates comparing to the market, very easy to make deposits or withdrawals. The app is simple and easy to use. They’ve got a nice portafolio for savings accounts or ISA’s. Reviewed on: 22nd February 2024

Always good and easy and efficient

Always good and easy and efficient Reviewed on: 22nd February 2024

chip has fantastic interest - is easy to set up and...

chip has fantastic interest - is easy to set up and easy to manage Reviewed on: 22nd February 2024

Good communication, one of the best for a bank!

Good communication, one of the best for a bank! Reviewed on: 22nd February 2024

Real, Reliable 21st Century Money Management

Fast, efficient and great value for money and once you have sampled this, it is so easy to recommend to friends and family that they benefit from such a great bank. A link between your current account and Chip is soon arranged and as soon as your current account (earning no interest!) has a little surplus to immediate requirements it can almost instantly transferred to your Chip account, which still offers almost 5% interest (22.2.24)! When required to reinforce your current account the required sum can be transferred with the same speed. I have recommended 2 family members and they have taken up the option, which will see us both receive a bonus. On the 6th of April I shall be opening a Chip ISA, which not only has a great interest rate, it also allows the same speedy transfers should money be required, as the balance remains sheltered by the ISA 0% Tax deductable! With the loss of tax free savings allowance increases interest can soon become taxable so this extra cushion will stop me worrying about that! Chip also has a prize giving area which can be dipped in and out of if you are lucky & again getting your money out or putting it back to earn great interest can be immeciately actioned. I have not used Chip's investing area as have long standing connections elsewhere, but to those who have little or no experience the facilities on offer look good and again will no doubt be of the same high standard. I have not experienced any problems with Chip and with 2 relatives also actively running their finances through the Chip know they share this great service! Such a refreshing and innovative on line service that I am both pleased and proud to be a user of. Real 21st Century Money Management to which I probably should have applied to be an owner of (though did not take up the offer of!) Time may mean I add "with regret" to, though am totally satisfied in just using such great, reliable and profitable services. Reviewed on: 22nd February 2024

Fantastic Savings App

I have been using Chip for sometime as previously I had struggled to save regularly as it involved a 'conscious' effort to do so whereas with Chip this occurs automatically. it also notifies me before taking the amount thereby allowing me to adjust it (either up or down) or even cancel that save if I need too. I also had to contact their customer service once when I was unable to access my old phone to transfer the account to a new one and this was dealt with promptly. I honestly can't think of any negatives from my aspect Reviewed on: 22nd February 2024

Consistently high interest rates

Consistently high interest rates on their savings account over the last year means I haven't felt the need to go chasing the best deals as the base rate has constantly changed. And the ease of saving what I can regularly really takes the pressure off. Reviewed on: 22nd February 2024

I joined on a referral scheme and was very sceptical...

I joined on a referral scheme and was very sceptical as I get easily overwhelmed with these sort of products, but I loved it and stayed. But I find it easy to manage, I feel my money is safe and the interest is amazing. Highly reccomend! Reviewed on: 22nd February 2024

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