Chip – Save money automatically and feel good about it

Every Friday I share one of my favourite finds of the week — a website, tool or an app that has impressed me.

My Friday Favourite this week is Chip – Save Money Automatically and feel good about it.

What is it?

Chip is an app for iOS and Android which does all the hard work to make saving money easy.

The Chip app connects (in read-only mode) to your current account.

Chip then uses an Artificial Intelligence (AI) powered algorithm to calculate how much you can afford to save and then puts the money away in a savings account for you automatically.

How can it help me?

If you struggle to build savings, then Chip is a powerful and painless way to squirrel money away.

I’ve been using Chip (and its rival, Plum) for a few months now, and have been surprised at the amount of money it has saved for me, all while not noticing the funds it has automatically taken. Useful!

How much does it cost?

Chip is free to use.

How can I get it?

You can download Chip for Android from the Google Play store, or Chip for iOS from the Apple Store.

If you sign-up to Chip using my code XXZGVS then we’ll both earn an extra 1.0% of interest on our savings.

You can find out more about Chip at the Chip website, visit the Get Chip Facebook page, or follow @Get_Chip on Twitter.

You Might Also Be Interested In

• Plum – Save Money Automatically
• TransferWise – Send Money Abroad Cheaply
• OneDox – The Digital Dashboard for Household Admin
• Monzo – The Bank of the Future
• Ontrees – Personal Finance Dashboard