Discover your
WealthScore
Better habits build real wealth.
Diversify your portfolio
Open more accounts to avoid putting all your eggs in one basket.
Make a deposit
Regular deposits make for meaningful, sustainable growth.
Automate it
Explore Saving Tools and set up a recurring save, or switch on auto-saving or auto-investing.
Resist withdrawing
We understand that everyday life can be expensive, but try to take a moment to remember your original goals and where you aspire to be.
Top up your ISA and enjoy tax-free saving
Make the most of your annual tax allowance, and open an ISA with Chip. You can save up to £20,000 tax-free per tax year - and earn a very competitive interest rate, too.
Consistently grow your balance
Increasing your balance month on month puts you one step closer to financial freedom. Just set, forget, and watch your money grow.
Improving your score
Since your WealthScore represents your positive wealth-building habits within Chip, the more positive actions you take, the higher your score.
We’ll suggest actions to take, as well as give you a full breakdown of all the ways to boost your score. Check back every morning to see how your efforts are having a positive impact on your score.
Reach your potential
If you’re looking for a glimpse into the future, your potential Wealthscore shows how far you can go by making those positive changes around your money. You’ll also see how your score compares to Chip members just like you.
Meet our top-scorers.
They’re not who you’d expect.
These Chip members are a perfect example of WealthScore not being about how much you have, but how you got there.
They have been with Chip since 2021. They get the most out of Chip by splitting their money across most Chip accounts, growing their balance by a sustainable amount every month.
They religiously save every month and employ our award-winning AI-powered tools to save. They have a diverse investment portfolios, and are regularly topping up into a number of funds.
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How your score is calculated
WealthScore isn’t about your balance. It’s a measure of how well your daily and monthly actions position you to build long-term wealth with Chip.
Based on datasets
Your score is personal to your Chip account, based on millions of data points designed to encourage positive wealth-building behaviour.
Updated Daily
Your score updates daily, so you can see the difference fine-tuning your Chip setup can make.
Opening a Chip account takes just a few minutes. No forms, no fuss.
1. Download Chip
Head to the App Store or Google Play Store.
2. Create an account
Enter a few details and pass a quick check.
3. You're good to go!
Choose from our range of finance products.
FAQs
WealthScore is a unique measure of how your Chip setup and behaviours influence your long-term wealth building.
It reflects the strength of your current daily and monthly habits, and encourages behaviours that will maximise how much you can grow wealth using Chip.
Please note that WealthScore is not a credit score and cannot be used in the same way.
You will be able to check your WealthScore in-app, or we’ll direct you to a webpage from your inbox.
Your WealthScore can be an insightful tool to gauge how you’re progressing, and if there are ways you can improve and optimise your current set-up.
WealthScore rewards consistent, sustainable, positive wealth-building habits. You can increase your WealthScore by making the most of Chip. For example, setting up recurring saves, opening new accounts, and utilising tax wrappers.
There's no limit, so aim high! We like ambition.
Your WealthScore will update every morning, so you can refresh your app every day to see the positive impact your habits are making.
No. Your Chip WealthScore is unrelated to your credit score, and we don't share any information with credit reference agencies.
Yes. Noticing your WealthScore decrease can serve as a guide to what behaviours might be standing in the way of your long-term goals.
