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!
Have you opened an account with Chip Bank since visiting Bank.Green?
Overview
Founded in 2016
Has deposit protection
Policies
Deposit protection
Customers served
Retail and Individual
Services
Mobile banking
Fees
No account maintenance fee
No overdraft fee
Personal
Accounts
SavingsISAsWealth managementInterest rates
3.9% - 5%
-
-
Fees
No maintenance or overdraft fees
No maintenance or overdraft fees
-
Loans
Corporate lending
Interest rates
Rates may varyFees
Fees may varyNonprofit
This bank does not offer any Nonprofit accounts or loans.
Government
This bank does not offer any Government accounts or loans.
SMEs
This bank does not offer any SMEs accounts.
Loans
Corporate lending
Interest rates
Rates may varyFees
Fees may varyCorporate
This bank does not offer any Corporate accounts or loans.
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