Best Auto-Save
AI-powered savings app that automatically saves for you based on spending patterns. Easy-access and fixed-rate options. Competitive rates with FSCS protection.
Chip started as an automated savings app that moved small amounts out of your current account without being asked, and has grown into a broader savings and investment platform.
The automation is still the differentiator. Chip analyses your spending and moves amounts you are unlikely to miss, which works genuinely well for people who struggle to save deliberately.
Who it suits. Savers who know they should put money aside and consistently do not. Behavioural nudges are worth more than a fractionally better rate if the alternative is saving nothing.
Worth knowing. Chip is an app rather than a bank, and where your money sits depends on the product you choose — some accounts are held with a partner bank and FSCS-protected, others are invested and are not. Check which applies before treating a balance as safe. The tiered account structure, where the best rates sit behind a paid plan, is worth doing the arithmetic on for smaller balances.