www.getchip.uk

Chip Bank

Deposits or policies controlled by ClearBank

Our take on Chip Bank

Chip is a technology company which does not have its own banking license. Instead, it relies on ClearBank to provide banking services to its customers. Because of the critical role that ClearBank has in making lending decisions, Chip has received the same rating as ClearBank.

ClearBank does not lend to companies. Instead, customer funds are deposited with the Bank of England. There is no risk of your money funding fossil fuel companies!

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Founded: 2016

Policies

Deposit Protection

Services

  • Mobile Banking

Fees

  • No account maintenance fee
  • No overdraft fee
Accounts
Savings
ISAs
Wealth management

This bank does not offer any Personal loans.

Curious about switching to a green bank?

  • Learn how to take action on fossil fuel finance.
  • Discover green banking and how easy it is to switch.
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