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Chip Easy Access ISA
friolento
Posts: 3,010 Forumite
This has launched today, in a controlled roll-out to pre-registered users. It is a tracker ISA paying 0.6% below, i.e. 4.75% AER var at the moment. This is an underwhelming rate for now, so I am not tempted. In. addition, I am not entirely clear about the FSCS cover
It is a flexible ISA, no transfers-in, transfers-out are supported. App only. Max holding £85k, not an issue for the next 4 or so years. Funds held in Clearbank (same as for other Chip savings accounts). FSCS covered shared across Chip and may be across Clearbank.
Full details here
Full details here
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