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The CEO of Chip said on Reddit that he saw the Shawbrook increase and told his staff to crunch to change the rate within an hour 'so customers don't have to go into the long weekend with lower rates'. I want to believe but it still just gives me major too good to be true red flags.
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allegro120 said:Band7 said:Loving my CHIP account
Not long now before I can move my money from my 3.75% YBS 6 access account.....1 -
worriednoob said:I was about to apply for a Chip Account, but it's got a lot of negative reviews, with users complaining of being unable to access their savings, unable to contact any staff, problems with transferring money and only being allowed to transfer small amounts of money. Has anyone else had such experience and would you recommend Chip?1
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Zaul22 said:The CEO of Chip said on Reddit that he saw the Shawbrook increase and told his staff to crunch to change the rate within an hour 'so customers don't have to go into the long weekend with lower rates'. I want to believe but it still just gives me major too good to be true red flags.1
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I don't mean specifically this rate increase, I just mean Chip in general and their insane level of commitment to always being the highest rate. Maybe it really is just getting attention because they are new, but I'll wait until the implement account numbers at least.1
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Middle_of_the_Road said:allegro120 said:Band7 said:Loving my CHIP account
Not long now before I can move my money from my 3.75% YBS 6 access account.....3 -
Chip now allows you to deposit funds into their account via faster payments.
When you press the add money option in the app, their is a new (4th) option showing.It still needs to be from your nominated account.6 -
I'll give Zopa a week to go over 3.6 instant access or its off to Chip16 Panel (250W JASolar) 4kWp, facing 170 degrees, 40 degree slope, Solis Inverter. Installed 29/9/2015 - £4700 (Norfolk Solar Together Scheme); 9.6kWh US2000C Pylontech batteries + Solis Inverter installed 12/4/2022 Year target (PVGIS-CMSAF) = 3880kWh - Installer estimate 3452 kWh:Average over 6 years = 4400 :j3
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Opens a chip account and linked it to my bank.
Then made a £10 test deposit, including setting up account and transferring £10 took 5 minutes.
Made a larger deposit which took 1 minute.
Very pleased so far.3 -
Zaul22 said:I don't mean specifically this rate increase, I just mean Chip in general and their insane level of commitment to always being the highest rate. Maybe it really is just getting attention because they are new, but I'll wait until the implement account numbers at least.
As to account numbers: no idea why they are so important, and they are there for the instant access account, anyway.0
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