Chip review
A flexible UK savings app with AI autosaves, goals, investments and quick withdrawals.
Reviewed by iTechGuides Editors · Editorial team · Updated Oct 2026
Chip is a UK-focused mobile wealth app for saving, investing and pension management. It is designed for UK residents aged 18 and over who want automated saving alongside savings accounts, investment funds and defined financial goals. The app uses linked-bank data to power AI autosaves based on income and spending analysis. Users can also set target amounts and dates, schedule recurring deposits through Savings Plans, and withdraw savings instantly or near instantly.
Pricing ranges from a free Basic plan to paid ChipX plans. Basic includes access to savings accounts, recurring deposits and autosaves charged at 45p per save, plus a 0.25% investment platform fee. ChipX costs £5.99 per 28 days or £65.05 per year, with unlimited autosaves, unlimited recurring deposits, 0% investment platform fees and access to all investment funds. A 28-day free trial is also available. The published plans make Chip suitable for users who want to start without a subscription, while frequent autosaving or investing may make ChipX more relevant.
Its product scope extends beyond automated transfers: Chip offers instant-access, easy-access and prize savings accounts, monthly interest on eligible accounts, investment accounts and curated investment funds. Open Banking connections are provided through TrueLayer, and the service runs on iOS and Android rather than through a web banking interface. Choose Chip if mobile-based automation, flexible withdrawals and a mix of saving and investing matter most. It is less suitable for people who want web access, broad availability beyond the UK, or free unlimited autosaves on the Basic plan.
Chip pros and cons
- Where it wins
- AI autosaves analyse income and spending patterns
- Savings Plans support recurring deposits and custom goals
- Instant or near-instant withdrawals across savings options
- Where it doesn't
- Basic charges 45p for each autosave
- Available only to UK residents aged 18 and over
- Mobile app only, with no web banking interface
Chip fact sheet, pricing and score →
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