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Chip: Prize Savings Account reviews

Name: Prize Savings Account
Rating: 4.92 (385 reviews)

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4.92

Based on 385 reviews, last reviewed 16th Apr 2026

11833% increase in 5 star reviews

in the past 90 days

100% increase in 1 star reviews

in the past 90 days

94%

2 star

Latest highest rating:

5

I find their accounts good and easy to sign up, a lo... I find their accounts good and easy to sign up, a lot of variety of products, I just like the way they operate with customer support etc. Reviewed on: 16th April 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

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Chip Prize Savings Account reviews (385)

A nice modern take on Premium Bonds style saving.

A nice modern take on Premium Bonds style saving. Instead of interest, your balance gives entries into monthly prize draws, all managed in a very slick app. Deposits and withdrawals are quick and the money is FSCS protected via their partner bank, so it feels safe and easy to use. The main downside is returns aren’t guaranteed. Some months you win nothing, so it shouldn’t replace a proper interest paying savings account. Overall, it works best as a motivating side pot rather than your main savings. Fun, simple and surprisingly effective at encouraging you to save. Reviewed on: 11th February 2026

Great way of saving , goes automatically from your a...

Great way of saving , goes automatically from your account so you end up saving a lot more that just putting away a set amount Reviewed on: 11th February 2026

Best savings app out there!

Best savings app there is, easy for users to navigate, clear information and good returns. Reviewed on: 11th February 2026

Brilliant account

Easy to use, great customer service, easy access can’t think of a negative Reviewed on: 11th February 2026

Easy to use App and the the Prize Saving Account is...

Easy to use App and the the Prize Saving Account is a good incentive Reviewed on: 11th February 2026

I love chip.

I love chip. It’s a great way of helping you save without even noticing Reviewed on: 11th February 2026

Excellent rate for savings and auto regular deposit.

Excellent rate for savings and auto regular deposit. However, there is a limit on the max amount you can have which means you will need to move the funds to another account. Reviewed on: 11th February 2026

So easy to use and so easy to save!

So easy to use and so easy to save!! Lots of options to save in different ways Reviewed on: 11th February 2026

Fantastic product that is very imaginative and the c...

Fantastic product that is very imaginative and the company are great at customer service and keeping everything and everyone up to date. Can't wait to see what the future holds for Chip. Its also great that they announce the winners Reviewed on: 11th February 2026

great experience.

great experience. niche product i really recommend Reviewed on: 11th February 2026

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