What is the promotion offer?

The promotion offers a gift card with the value of up to £250 for eligible customers who deposit a minimum of £100 into a Chip investment account for the first time and use the promo code INVESTCHIP.
‍

The value of the gift card is determined by the amount deposited: 

Invest £1000-£4999.99 — £10 Gift Card

Invest £5000-£7499.99 — £50 Gift Card

Invest £10,000-£49,999.99 — £100 Gift Card

Invest £50,000+ — £250 Gift Card

‍

How do I qualify for the gift card?

To qualify, deposit at least £1,000 into a Chip General Investment Account (GIA), a Stocks & Shares ISA, or a combination of the two, enter the promo code INVESTCHIP, and meet the eligibility criteria.
‍

When does this promotion start and end?

The promotion starts on 6 March 2025 and ends at 23:59 on 16 March 2025.
‍

Where will the gift card be sent?

The gift card will be sent to the email linked to your Chip account on 24 April 2025. You can check your linked email address in the ‘Personal Details’ section on the Profile tab in your app.
‍

Who is eligible for this promotion?

You need to either have:

• never opened an investment account (either a GIA or a Stocks & Shares ISA) with Chip, OR;

• a total balance of £0 in your investment account(s) (i.e. your GIA and/or Stocks & Shares ISA) as of 6 March 2025.

As well as: 

• be an active Chip customer with Chip;

• an open Easy Access Savings Account, and;

• a balance of at least £0.01 in your Easy Access Savings Account.
  

Do I need to be an existing Chip customer to participate?

You need to be an active Chip customer to qualify for the bonus and have an open Easy Access Saver account.
‍

How do I get started if I don’t have a Chip investment account?

Open a Chip investment account (either a GIA, a Stocks & Shares ISA, or both), deposit at least £1,000, and enter the promo code INVESTCHIP in your profile tab (look for ‘Promos & Referrals’) between 6 March and 23:59 16 March 2025.

I already have a Chip investment account. Can I still qualify?

Yes, but only if your investment account balance was £0 as of 6 March 2025. You can qualify by depositing £1,000 or more and entering the promo code INVESTCHIP.
‍

Can I split the minimum deposit across my General Investment Account (GIA) and Stocks & Shares ISA?

Yes, you can deposit £1,000 in any fund or spread it across both GIA and Stocks & Shares ISA accounts.
‍

What happens if my deposit takes a few days to process?

As long as the deposit is made by 23:59 16 March 2025 deadline, it should qualify. Note that investment deposits may take a few days to appear in your account.
‍

How many gift cards can I earn through this promotion?

You can earn a maximum of one gift card per customer.
‍

How long will it take for the gift card to be sent to my email?

The gift card will be sent on 24 April 2025.
‍

What happens if I forget to enter the promo code INVESTCHIP?

The promo code INVESTCHIP is essential to qualify for the bonus. If you forget to enter it before 23:59 on 16 March 2025, you will not receive the gift card.
‍

Is there a minimum balance required in my Chip savings account?

Yes, you need to have at least £0.01 in your Chip Easy Access Saver account to be eligible for the gift card.
‍

Can I enter the promo code after making the deposit?

The promo code INVESTCHIP must be entered during the promotion period and before the deadline of 23:59 16 March 2025, but you can enter the code after you deposit.
‍

How will I know if I have received the bonus?

You can check your email after 24 April 2025 to confirm receipt of the gift card.

‍
Can I use an ISA transfer to meet the minimum deposit requirement?

No, funds transferred from an ISA outside of Chip will not count towards the £500 minimum balance required for this promotion. Only new money deposited directly into the investment account qualifies.
‍

Can I use this in conjunction with other promotions?

Yes, you will be eligible for this promotion even if you are on a New User promotion.
 

How do I redeem the gift card?

You will receive an email on 24 April 2025 which will include the instructions for redeeming your gift card. You must redeem your gift card within 90 days of this email being sent, otherwise the link will expire. The expiration date of the gift voucher itself will depend on the retailer and the details will be on the gift card.
‍

Where can I use my gift card?

The email you will receive on 24 April 2025 will allow you to choose between John Lewis, Laithwaites, and Bloom & Wild. You will need to follow the instructions on the email.

‍

When investing, your capital is at risk. The value of your investments can go down as well as up and you may get back less than your original investment. Chip does not provide financial advice.

Seccl Custody Limited is the ISA Manager for the Chip Stocks and Shares ISA. A monthly or annual ChipX membership is required for certain funds selected within a Stocks and Shares ISA. Fund management charges apply ISA limits apply.Invest £20k per tax year.

Chip does not provide tax or financial advice. Tax treatment depends on individual circumstances and may be subject to change in the future. 

‍

GIA proceeds are potentially taxable, subject to any annual exemption that may apply

‍