Write a review

Newsletter

Go to business site

Chip: Prize Savings Account reviews

Name: Prize Savings Account
Rating: 4.78 (386 reviews)

View other Chip products

4.78

Based on 386 reviews, last reviewed 20th Aug 2026

100% decrease in 5 star reviews

in the past 90 days

No new 1 star reviews

in the past 90 days

94%

2 star

Latest highest rating:

4

Simple to use app. Simple to use app. Great prize saver account Reviewed on: 20th August 2026

Latest lowest rating:

1

I reckon this is rigged and only a select few will a... I reckon this is rigged and only a select few will actually win a prize… the rest of us who saves our money with them are just being used. I also once... Read more Reviewed on: 11th February 2026

Read all reviews Write a review

About this product

Review Chip: Prize Savings Account now

Help others make smarter decisions by sharing your own experience.

Write a review

Chip Prize Savings Account reviews (386)

Switch to a prize savings account

Great alternative bank account - makes boring low interest accounts with miserly rates look boring, winning a prize, even £10 is far more satisfying and brings a little bit of fun into saving. This product has ben a great place to safely rest my money before deciding what to to with it on a longer term investment. Reviewed on: 17th February 2026

Great app!

Great app! Super easy to use. One of the best interests on the market Reviewed on: 17th February 2026

Easy to keep up to date with the online app.

Easy to keep up to date with the online app. Deposit/withdraw/transfer all immediate transactions. Great rates on savings with easy access. A bit of fun with the Prize account. Reviewed on: 16th February 2026

CHIP are really shaking things up....

CHIP are really shaking things up in the financial sector, as for far too long now we've been restricted to the stale old institutions who got away with charging high fees and paying little interest, as well as delaying interest increases, but interest rate drops happening a 'millisecond' government dictated it... no better than a bunch of rogues really. CHIP on the other hand seem to be far more customer focussed and user-friendly, and their rates are good and their products are quite innovative, such as the Prize Savings Account, which is like a modern day Premium Bonds. CHIP are a breath of fresh air and they're really shaking things up in the financial world - well done! Reviewed on: 16th February 2026

Very simple and does not affect your ISA allowance.

Very simple and does not affect your ISA allowance. Adds a bit of fun to saving. Reviewed on: 16th February 2026

Easiest way to save money

Easiest way to save money n not notice it leaving your account. Chip take a small amount of money from your linked account every couple of weeks based on the amount available in your account Reviewed on: 16th February 2026

Trustworthy and easy to access.

Trustworthy and easy to access. Chip helps me save money every month. If ever need to transfer money that is easily done. Reviewed on: 16th February 2026

Been saving with chip for awhile now.

Been saving with chip for awhile now. Best app for it. Reviewed on: 16th February 2026

What bank gives you a chance (many chances in fact!

What bank gives you a chance (many chances in fact!) of winning big money for saving!? Great service, easy to use and a great app. Reviewed on: 16th February 2026

Chip is number One in Accounts

I am enjoying my account is growing Reviewed on: 16th February 2026

Do you have a different Chip product?

Share your experiences with products to help others make smarter financial decisions and learn more about different products available. Write a review

Alternative products

Savings
from Leeds Building Society 4.06 from 53 reviews
Young Savers
from Metro Bank 4.86 from 392 reviews
Deposit Account
from Secure Trust Bank 4.08 from 7 reviews

Want to see more from Chip?

Savings app
from Chip 4.86 from 18460 reviews
Cash ISA
from Chip 4.86 from 1050 reviews
Easy access savings
from Chip 4.84 from 574 reviews

View all products

Join Smart Money People

Keep up to date on ratings of your favourite businesses. Find out about our awards and write new reviews with ease

Create an account

News, guides and insight from our team

View resource hub