Chip referral code & promo code — £50 bonus

About Chip

Chip is a UK savings and investing app built around automatic saving: it can analyse your income and spending and move money into savings for you. It brings together savings accounts, a Cash ISA, investment funds, a Stocks and Shares ISA and a personal pension. Chip says its community has passed 500,000 users. Everything runs through the app: Chip is not a bank, has no branches, issues no debit cards and offers no ATM access, and it does not give financial advice.

Two companies trade as Chip:

• Chip Financial Group Ltd (company number 10113174) is authorised and regulated by the Financial Conduct Authority under the Payment Services Regulations 2017, firm reference 911255.
• Chip Financial Wealth Ltd (company number 15161994) is authorised and regulated by the FCA as a MiFID investment firm, firm reference 1005114. It offers the Smart Cash ISA, the General Investment Account, the Stocks and Shares ISA and the Chip Personal Pension.

Savings deposits in the Prize Savings Account, Instant Access Account, Easy Access Account and Chip Cash ISA are powered by ClearBank and covered by the FSCS up to £120,000, subject to eligibility. Smart Cash ISA deposits are placed with a panel of UK-regulated banks, also FSCS-protected. Investments are held in custody with Seccl Custody Limited. The registered office is in Shoreditch, London.

What you get with the Chip referral code

Chip's Refer a Friend scheme pays £50 to the new customer and £50 to the customer who referred them. The new customer earns it by depositing £1,000 and keeping it in Chip for 90 days.

	New customer (you)	Friend who referred you
Reward	£50 bonus	£50 bonus
Paid into	Chip Instant Access Account or Prize Savings Account	Chip Instant Access Account or Prize Savings Account
Condition	Deposit £1,000 and hold it for 90 consecutive days	The friend completes the qualifying steps
Limit	One per new customer	No limit on referrals

The bonus is real money in a Chip savings account and can be withdrawn to your linked bank account; Chip says a withdrawal can take up to five working days to arrive. Two technical points from the terms: the bonus does not count towards the balance used to calculate Instant Access interest, and in the Prize Savings Account it does not add prize-draw entries.

On £1,000 held for 90 days, a £50 bonus is the equivalent of a 5% return in three months, before any interest or prizes the £1,000 itself earns.

How to claim it, step by step

Chip offers two routes to attach the code, and both lead to the same £50.

Route one: through the link (code applied for you)

1. Open https://honestcodes.co.uk/go/chip. Chip's referral page opens with the invitation in place.
2. Enter your email address and tap Download Chip. Chip stores the email for 30 days solely to redeem the referral.
3. Download Chip within 30 days and sign up with the same email address. Chip applies code CHIP-TCE575 automatically.

Route two: type the code

1. Download Chip from the App Store or Google Play and create your account.
2. Enter referral code CHIP-TCE575 in the app within 14 calendar days of downloading.

Then, on either route:

1. Deposit at least £1,000 into one or more eligible accounts: the Smart Cash ISA, Instant Access Account, Prize Savings Account, General Investment Account or Stocks and Shares ISA. The Chip Pension is not included.
2. Hold at least £1,000 for 90 consecutive days. If the balance dips below £1,000, the countdown restarts from zero once it is topped back up.
3. Finish within 120 days of being referred, including the 90-day hold.
4. Keep an Instant Access or Prize Savings Account open. The £50 goes into the Instant Access Account if you have one, otherwise the Prize Savings Account.

The simplest timeline is to deposit the £1,000 in the first week and leave it alone. The hold then finishes comfortably inside the 120 days.

Who the Chip referral suits

The scheme is built for new savers and investors with £1,000 to put away for at least three months. Chip's terms set the eligibility:

• New customers only: someone who has never held a Chip account.
• UK residents aged 18 or over, meeting Chip's general account eligibility.
• App version 4.56.0 or later for the sign-up.
• One referral per email address: if one email is used for several referrals, Chip redeems only the most recent.
• The live promotion applies: Chip's terms say a referral code gives you whichever referral promotion is live when you activate it.

It suits anyone moving an emergency fund, opening a Cash ISA or starting to invest, because the £1,000 can sit in whichever eligible account fits the plan. A saver who wants instant access can hold it in the Instant Access Account; a tax-free saver can use the Smart Cash ISA; an investor can use the Stocks and Shares ISA or the General Investment Account. When investing, your capital is at risk.

Chip's savings accounts and rates

Chip lists four savings accounts. These new-customer rates were on Chip's savings page on 1 October 2026:

Account	New-customer rate	How it is made up	After 12 months	Access
Smart Cash ISA	4.56% AER (variable tracker)	3.50% standard variable rate plus a 1.06% new-customer boost	3.50% AER	Flexible ISA, easy access, interest paid monthly
Easy Access	3.81% AER (variable tracker)	3.50% standard variable rate plus a 0.31% boost	3.50% AER	Three penalty-free withdrawals in a rolling 12 months; a fourth moves the account to the reduced rate
Instant Access	3.00% standard variable rate plus a 0.51% new-customer boost	Boost for the first 12 months	3.00% AER	Instant access, interest paid monthly
Prize Savings Account	No interest: monthly prize draws	Entries based on your balance	Not applicable	Easy access; October 2026 grand prize £10,000

Three of the four count towards the £1,000 referral deposit: Chip's eligible list names the Smart Cash ISA, Instant Access and Prize Savings accounts, alongside the two investment accounts. The Easy Access Account is not on that list, so hold the qualifying £1,000 in one of the named accounts. Interest is paid monthly on the interest-bearing accounts, and Smart Cash ISA interest is tax-free.

Investing with Chip

Chip's investment side runs through the General Investment Account and the Stocks and Shares ISA, both eligible for the referral deposit, plus the Chip Personal Pension (SIPP), which is not. Funds include BlackRock and other managers' ranges.

	Basic plan	ChipX
Monthly cost	£0	£5.99 every 28 days, or £65.05 a year, after a 28-day free trial
Platform fee on investments	0.25% a year, minimum £1 a month per product	0%
Autosaves	45p per save	Unlimited and free
Recurring deposits	Unlimited and free	Unlimited and free
Fund range	13 funds	All of Chip's investment funds

Fund managers' own charges apply on top and are shown in the app for each fund. Chip can change platform fees with two months' notice. When investing, your capital is at risk: the value of investments can fall as well as rise.

What £1,000 earns in the 90 days, bonus included

The £50 is paid on top of whatever the £1,000 earns while it sits in Chip. As a worked example, using the rates on Chip's savings page on 1 October 2026:

Where the £1,000 sits for 90 days	Interest or prizes, approximately	Referral bonus	Total, approximately
Smart Cash ISA at 4.56% AER (tax-free)	About £11	£50	About £61
Easy Access at 3.81% AER	About £9	Not eligible: Easy Access is not on Chip's list	About £9
Prize Savings Account	Prize-draw entries instead of interest	£50	£50 plus any prizes
Stocks and Shares ISA or General Investment Account	Depends on the market; capital at risk	£50	£50 plus or minus the investment return

Interest figures are approximate: 90 days' worth of the AER on £1,000. Rates are variable.

On those numbers the Smart Cash ISA is the strongest home for the qualifying deposit: the £50 bonus plus about £11 of tax-free interest, with flexible ISA access.

From sign-up to £50: the timeline

Step	Deadline in Chip's terms
Enter your email on the referral page (https://honestcodes.co.uk/go/chip)	Chip holds it for 30 days
Download Chip and sign up with the same email	Within 30 days of entering the email
Or type CHIP-TCE575 in the app instead	Within 14 days of downloading
Deposit at least £1,000 into eligible accounts	As early as possible
Hold at least £1,000 for 90 consecutive days	Completed within 120 days of being referred
£50 paid into Instant Access or Prize Savings	Once the hold is complete

Depositing in the first week leaves around three weeks of slack inside the 120 days, so a short dip below £1,000 and a restarted 90-day clock can still finish in time.

The Smart Cash ISA and the Chip pension

The Smart Cash ISA is the account most new customers pair with the referral. It is a flexible ISA, so money taken out can be paid back in the same tax year without using fresh allowance, and its interest is tax-free. The rate is a variable tracker: a 3.50% standard rate plus a 1.06% new-customer boost for the first 12 months, 4.56% AER in all, with interest paid monthly. Deposits are placed with a panel of UK-regulated banks and protected by the FSCS, subject to eligibility. It is open to UK tax residents aged 18 or over through the app, and Chip publishes a summary box for it.

The Chip Personal Pension is a self-invested personal pension (SIPP) offered by Chip Financial Wealth Ltd. It sits in the same app view as savings and investments, but it does not count towards the £1,000 referral deposit.

The Prize Savings Account and autosaving

Two Chip features have no direct equivalent at most banks.

Prize Savings Account. Instead of interest, the balance earns entries into a monthly prize draw, with more entries for a higher balance and several prizes each month. Chip advertised a £10,000 grand prize for October 2026. Prizes are tax-free, and a minimum average balance applies to qualify for entries. The account counts towards the referral deposit, and if you hold it without an Instant Access Account, the £50 bonus is paid into it.

Autosaving and goals. Chip can deposit set amounts on a schedule, or analyse your income and spending and move money to savings automatically; on the Basic plan each autosave costs 45p, and on ChipX it is free. Personalised goals, for a house deposit, a wedding or a rainy-day fund, track progress in the app, and savings, investments and the pension sit side by side in one view, with your ISA allowances tracked alongside.

Getting the referral right first time

Chip's terms answer the questions that most often trip people up:

• More than 30 days since you entered your email? Re-enter it on the referral page before downloading, or type CHIP-TCE575 into the app after sign-up instead.
• Rather not leave your email before signing up? Use the manual route: download Chip and enter CHIP-TCE575 within 14 days.
• Same email used for two referrals? Chip redeems only the most recent one linked to that email.
• Want to refer friends yourself later? In the app, go to Profile, then Promos and Referrals, then Invite a friend. Chip pays £50 for every friend who qualifies, with no limit.

Chip vs Trading 212 vs Monzo: sign-up rewards compared

App	New customer receives	What you do	Paid as
Chip	£50	Deposit £1,000 and hold it 90 days	Cash in a Chip savings account
Trading 212	Free fractional shares worth £8 to £100	Open an Invest account or Stocks ISA, deposit £1 within 10 days	Shares (capital at risk)
Monzo	£10 (personal account)	Make one card purchase within 30 days	Cash in the Monzo account

Chip read from its own Refer a Friend page and terms on 1 October 2026; Trading 212 and Monzo from HonestCodes' verified entries for each.

Chip pays the largest fixed cash figure of the three. Trading 212's reward is a share of random value and Monzo's is a smaller amount for a quicker step, so each suits a different saver: Chip suits someone with £1,000 ready to park for three months.

Is there a Chip promo code or discount code?

People search for a Chip promo code, a Chip discount code and a Chip voucher code. Here is what Chip actually offers new customers:

What people search for	What actually exists at Chip
Chip promo code	The referral code CHIP-TCE575: £50 after a £1,000 deposit held for 90 days
Chip discount code	No discount code. ChipX has a 28-day free trial, and the Basic plan is free
Chip voucher	No vouchers; the bonus is cash paid into a Chip savings account
Chip £50 bonus	The Refer a Friend reward, claimed with CHIP-TCE575 or through https://honestcodes.co.uk/go/chip
Chip boosted rate	New-customer rate boosts for 12 months, such as 4.56% AER on the Smart Cash ISA; no code needed
Chip referral code where to enter	In the app within 14 days of downloading, or applied automatically through the link

A code from a coupon site cannot add to this: Chip's terms say each referral code is unique to one Chip user, and the bonus paid is the promotion live when you activate it.

Why this code is the one to use

Every figure on this page was read from Chip's own Refer a Friend page, its referral landing page and its published referral terms on 1 October 2026. That covers the £50, the £1,000 deposit, the 90-day hold, the 120-day deadline, the 14-day and 30-day entry windows and the list of eligible accounts. Rates and fees come from Chip's savings and pricing pages the same day. HonestCodes re-checks the entry daily and stamps the verification date at the top of this page.

The code, CHIP-TCE575, and the full link, https://honestcodes.co.uk/go/chip, are both printed in plain text, so they can be typed, tapped or quoted. Compare that with where people otherwise look:

• coupon aggregators listing "Chip promo codes" with no date and no conditions;
• forum threads quoting a past bonus or a deposit rule that has since changed;
• social posts sharing a screenshot of a code that cannot be copied.

None of them tells you the deposit, the hold and the deadline in one place. This page does, and it is dated.

Source documentation

• Chip, Refer a Friend: getchip.uk/promotions/refer-a-friend (£50 each side, £1,000 deposit, 90-day hold, unlimited referrals)
• Chip, Refer a friend Terms & Conditions: getchip.uk/promo-terms/referral-terms (eligible accounts, 14-day and 30-day windows, 120-day deadline, balance-reset rule, new-customer definition, regulatory details)
• Chip, referral landing page at getchip.uk/get-your-boost (email step and where the bonus is paid)
• Chip, Savings accounts: getchip.uk/savings-accounts (rates and account features, read 1 October 2026)
• Chip, Pricing: getchip.uk/pricing (Basic and ChipX plans, platform fees, autosaves)
• Chip site footer (company numbers, FCA firm references 911255 and 1005114, ClearBank and FSCS)