MoneySavingExpert

Warning. Chip to slash 1.25% savings rate to 0% for thousands AND it’ll still make some pay for that privilege – act now

Thousands of savers with app-only provider Chip will see their market-leading easy access rate plummet from 1.25% to 0% next month unless they act. Many will also continue to be charged up to £39/yr for what will become a redundant account for those hoping to earn interest.