Your wealth. Your chance. Your choice.

Across April and May we’re running something special for eligible Chip members.

Draw closes 31 May 2026

Up to £200k towards your mortgage
£250k+ super-yacht experience
£10k a month for a year

18+ UK tax residents and app only. T&Cs, eligibility criteria and £1,000 minimum balance in eligible accounts apply. Earn draw entries from 1 April to 31 May 2026. The Spring Draw is offered and managed by Chip Financial (Investments) Ltd on its own behalf and on behalf of Chip Financial Limited.

The Prize Savings Account, Chip Instant Access Account, Chip Easy Access Account and Chip Cash ISA are provided by Chip Financial Limited and powered by ClearBank. The Smart Cash ISA, General Investment Account and Stocks & Shares ISA are provided by Chip Financial (Investments) Limited. When investing your capital is at risk.

For current PSA prize vales, entry and eligibility criteria and how to opt-out see the full terms.

Up to £200k towards your mortgage

Learn more

£250k+ super-yacht experience

Learn more

£10k a month for a year

Learn more

Your wealth. Your chance. Your choice.

Across April and May we’re running something special for eligible Chip members.

Each day, for every qualifying £1,000 you hold with us, you’ll get an entry into our Spring Draw… and money in the Prize Savings Account gains you double entries.

Draw closes 31 May 2026

18+ UK tax residents and app only. T&Cs, eligibility criteria and £1,000 minimum balance in eligible accounts apply. Earn draw entries from 1 April to 31 May 2026. The Spring Draw is offered and managed by Chip Financial (Investments) Ltd on its own behalf and on behalf of Chip Financial Limited.

The Prize Savings Account, Chip Instant Access Account, Chip Easy Access Account and Chip Cash ISA are provided by Chip Financial Limited and powered by ClearBank. The Smart Cash ISA, General Investment Account and Stocks & Shares ISA are provided by Chip Financial (Investments) Limited. When investing your capital is at risk.

For current PSA prize values, entry and eligibility criteria and how to opt-out see the full terms.

Two extraordinary options

This isn’t our Prize Savings Account draw – it’s the Spring Draw, which all eligible Chip members are automatically entered into. And one lucky winner will pick from the following...

Option 1
£250k+ value

Sail the Mia Rama

This Grand Prize option is a seven-day trip sailing the Med on the Mia Rama. She’s a 176ft private superyacht with space for you and 11 of your loved ones.

A full crew will take care of everything, from morning coffee on deck to dinners as the sun disappears into the horizon. Days unfold at your pace – swim straight off the back, stretch out in the sun, or head ashore whenever something catches your eye.

No schedules. No compromises. Just a week where every detail is handled for you.

This is a week you would never forget.

How to be eligibleSee Mia Rama prize T&Cs
Tour
Floor plan
Details
Gallery +12
Option 1
Up to £200k value

Money towards your mortage

If you choose this option, we’ll give up to £200,000 directly to your lender, to clear a chunk of what you currently owe, or allow you to finally step onto the property ladder.


That could mean: less interest, lower monthly payments and years shaved off. Or the deposit that turns “one day” into keys in hand.


Not just money. A step towards financial freedom.

See mortgage prize T&CsHow to be eligible
Option 2
£120k value

£10k a month in your bank

If you pick this Grand Prize, £10,000 will land straight into your account, every month, for an entire year.

No catch. Just the option to live a little differently for 12 months – whether that’s investing, travelling, working less, or simply knowing you’re covered.

How to be eligibleSee £10k a month prize T&Cs

If it were up to you...

Would you choose £10k a month for a year or up to £200k towards your mortgage?
Cast your vote below and see how other Chip members voted.

The Pragmatist

Up to £200k towards
your mortgage

Reduce your home loan, or step onto the ladder for the first time. This could mean: Less interest. Years brought forward.

I'd choose this ›
The Bucket-lister

£250k+superyacht experience

Mia Rama, the superyacht sailing the Mediterranean. Fully crewed. Entirely yours. For a week you’ll never forget.

I'd choose this ›
The Career-Breaker

£10k a month for a year

A £10,000 payday, landing every month. Work because you want to, not because you have to. Life, with options.

I'd choose this ›

£10,000 flight vouchers (for 10 winners)

A five-figure travel credit to redeem with Flightgift.

Spread it across multiple journeys with a companion, or keep it all to yourself and book an unforgettable first-class trip. Champagne before take-off. Lie-flat beds at 35,000 feet. And that dream destination? Finally ticked off the bucket list.

How to be eligibleSee flight vouchers T&Cs

Eligibility… explained

If you’re already a Chip member, there’s a good chance you’ve been automatically entered into the Spring Draw. Select your situation to find out.

Download app
Not a Chip member
Existing member (under £1,000)
Existing member (over £1,000)
I’m not a Chip member… yet

Great news! You can become a new eligible customer. To start earning entries, do the following before 23:59 on Saturday 31 May:

  1. Download the Chip app.
  2. Open an eligible account (Prize Savings Account, Chip Cash ISA, Smart Cash ISA, Chip Instant Access Account, Easy Access Saver Account, Stocks & Shares ISA or General Investment Account). 18+ UK tax residents and app only.
  3. Make a qualifying deposit of at least £1,000 into the Prize Savings Account, or across any of the other accounts above.
  4. You will earn two entries for every £1,000 in the Prize Savings Account and one entry for every qualifying £1,000 held across the other eligible Chip accounts.
Existing member (with a balance under £1,000)

You already opened an account with us (excellent work) but your balance doesn’t quite have enough zeros to qualify.

Before 23:59 on Saturday 31 May, you just need to bring your balance up to £1,000+ in the Prize Savings Account, or a minimum of £1,000 in another eligible account.

Other eligible accounts include: the Chip Cash ISA, Smart Cash ISA, Chip Instant Access Account, Easy Access Saver Account, Stocks & Shares ISA and General Investment Account.

You will earn one entry per day for every qualifying £1,000 held across eligible Chip accounts. Every £1,000 held in the Prize Savings Account earns two entries.

Existing member (balance over £1,000)

Congratulations, you should have been automatically enrolled into the draw and will be earning entries as we speak.

Check your Chip app to see how many you’ve gained so far.

Although, you may be excluded from the draw if:


  • You contact us to opt out of the draw and do not opt back in.
  • You delete/close your Chip Account before, up to and including
    the draw date (3 June 2026).
  • You are in breach of these Terms and Conditions or any other applicable Chip terms and conditions.
  • You work for Chip or its connected parties, or are immediate family members and/or members of the same household as employees of Chip or its connected parties.
Download app

18+ UK tax residents only. T&Cs, eligibility criteria and £1,000 minimum balance in eligible accounts apply. Earn draw entries from 1 April to 31 May 2026. The Spring Draw is offered and managed by Chip Financial (Investments) Ltd on its own behalf and on behalf of Chip Financial Limited.

The Prize Savings Account, Chip Instant Access Account, Chip Easy Access Account and Chip Cash ISA are provided by Chip Financial Limited and powered by ClearBank.

The Smart Cash ISA, General Investment Account and Stocks & Shares ISA are provided by Chip Financial (Investments) Limited. When investing your capital is at risk.

Entries built and locked in daily

This works a little differently to our Prize Savings Account draw which is usually based on your daily average balance.

How entries are awarded

Every night at midnight, we take a snapshot of your eligible balance and award entries for that day based on your net deposits.

In short:

  • The higher your eligible balance, the more entries you’ll get.
  • Keep that balance, and you’ll earn the same amount of entries again the next day.
  • If you withdraw money, you keep every entry you have already earned for the draw. However, a withdrawal will reduce your balance, which may lower the number of new entries you earn from that point forward.

What are net deposits?

‍During the qualifying period we use "net deposits" to calculate draw entries.

If you deposit more than you withdraw during the qualifying period, your Net Deposits increase.

If you withdraw more than you deposit, this results in a "Net Withdrawal," which reduces your eligible balance for future daily entries.

Investing & Net Deposits

If you choose to sell down your investments this will update your Eligible Balance using the same calculation we use for your Annual Valuation Statement.

We look at the original price you paid for your investment and compare this to how your investment's unit price has changed to ensure that original capital is accounted for proportionately towards the “net deposits” in your entries.

When investing your capital is at risk.

Entry calculator

Amount you deposit today:

Maximum deposit is £85,500

I am depositing in:

If you hold the same balance until 31 May,
you'll earn:

By 31 May
0
Entries
Day after deposit
0
Entries

This calculator has been created for illustrative purposes and is an estimation. Please note entry calculations will include any interest paid on savings, but exclude any growth / losses / dividends with investments seen during the draw period, and will also exclude any bonuses and/or prizes.

How this differs from the Prize Savings Account

With the Prize Savings Account, entries are based on your daily average balance over the month – and it’s still running as normal, with £100,000 in prizes to be won each month in April and May.


Here, entries are calculated daily – based on your balance at that point in time.

Prize Savings Account
T&Cs, eligibility criteria and minimum average balance of £10 applies. FSCS limits of £120,000 apply to eligible deposits. Prizes are not cash and are applied to your Chip account as a bonus. Prizes become cash once you withdraw your entire Prize Savings Account (“PSA”) balance into your linked bank account. Prizes are not eligible for entry calculation or FSCS protection. This account does not offer interest. For current prize values, entry and eligibility criteria and how to opt-out see our full terms.

Already a customer? You start ahead

If you already have money in Chip, your eligible existing balance is counted on day one.

That means you’ll start the draw with entries already in place if you have at least £1,000 in an eligible account.

How to opt out

Our Spring Draw may not be for everyone, so if you don’t want to be involved, just contact our Customer Support team via our in-app live chat or by emailing support on hello@getchip.uk.

If you have opted out, you can opt back in at any time by getting back in touch.

Spring draw FAQs

Contact
What is the Spring Draw? 

The Spring Draw is a prize draw operated by Chip Financial (Investments) Limited on behalf of itself and Chip Financial Limited, giving members the chance to win a Grand Prize and one of 10 prizes of £10,000 Flight Vouchers by holding a balance of at least £1,000 in Eligible Accounts during the draw period.

What are the prizes in the Spring Draw? 

There is one Grand Prize where the winner chooses one of the following:

  • £10,000 a month for 12 months.
  • Up to £200,000 to pay down an existing mortgage or towards a new property or mortgage.

There are also 10 prizes of £10,000 flight vouchers.

When does the prize draw take place for the Spring Draw? 

The Prize Draw will take place on 3 June 2026. The draw period for accruing entries runs from 00:00 on 1 April 2026 to 23:59 on 31 May 2026.

How do I enter the Spring Draw?

Entry is automatic if you hold a total balance of at least £1,000 in either one or across multiple ‘Eligible Accounts’.

  • Existing members with £1,000+: You are entered automatically at the start of the draw period.
  • Existing members with less than £1,000: You must make net deposits to bring your balance across Eligible Accounts to at least £1,000 before 23:59 on 31 May 2026.
  • New members: You must download the app, open an Eligible Account, and make a settled net deposit of at least £1,000 before 23:59 on 31 May 2026.
How are entries calculated in the Spring Draw? 

Entries are calculated daily based on your "Eligible Balance" (Opening Balance + settled net deposits - withdrawals).

  • Prize Savings Account: 2 entries for every full £1,000 held daily.
  • All other accounts: 1 entry for every full £1,000 held daily.

Total entries are the sum of these "Daily Accrued Entries" across the draw period.