How to take charge of your finances in 2020 with Chip
Chances are that most of us in the UK are not seeing great returns on our savings accounts due to bank interest rates often being a miserly 0.1%. Even reading the best personal finance books around may do little to perk you up. However, there’s good news in the fact that the financial watchdog has new guidelines on what banks charge UK customers for using their overdrafts, but all too often UK banking is about debt management, rather than saving and building up a fund. This is where apps like Chip come in. Chip adds a little sparkle back into putting money aside for a rainy day. Read on to find out more and get our FREE £10 Chip App Promo Code.
Is Chip a Savings Account or Savings App?
Now, Chip is not a saving account. It is more of a money-management tool. Chip is a clever app that automatically puts money aside for you based on your spending habits, so you can save without feeling it! It links up with your existing bank accounts with a few secure and easy steps.
Next, the clever Chip AI (artificial intelligence) scans your transaction history and assesses this alongside the data from millions of transactions of people with a profile just like yours. This information, for example, your age and where you live is used to work out to decide how much cash to stash away. The Chip AI carefully moves your hard-earned cash into a Chip account every few days.
Chip moves the perfect amount, referred to as an “automatic save” so you won’t even notice it’s gone. You can set up goals and funds and feel a sense of achievement as you see these pots slowly fill with your stashed cash.
Sign up now using our unique Chip App Promo code, and you’ll get £10 as part of our exclusive welcome offer*.
Make that trip to Barcelona happen; get that house renovation paid for; sort out your Glastonbury tickets without lifting a finger, and come join the 150,000 who are already on their way to smashing their 2020 resolutions!
*After two auto-saves, you will be eligible for the £10 welcome bonus. This is usually within 2 weeks. The bonus will then be credited to their Chip account within 30 days.
Which banks work with the Chip App?
They fully connect with all the major UK high street banks: NatWest, Halifax, Lloyds, Nationwide, Barclays, HSBC, First Direct, Santander, TSB, RBS, Metro Bank and Co-operative Bank. They are also building links with the newer startups, like Monzo, Starling, Revolut and Atom digital, thanks to the Open Banking regulations. These will have full functionality soon.
Where can I find a Chip App Promo Code or Chip App Bonus?
Click here to sign up and get £10 FREE using the code SAVVY10.