I just put money in chip last week. Was thinking of putting some in the prize saving acc but looking at the odds it’s 1-6500. At £10 a ticket you’ll need 65k invested. Premium bond are at 1-22000.
Interest calculated daily on the total amount invested and paid monthly at over 4.5% and money withdrawn within the same day. Fscs protected too. Not bad eh 😉
10:28 "Have this feature" the feature is called Open Banking please read about SCA. And the S&P 500 literally says tech funds (and not the full one). You may need to pay more attention to detail good sir
Hi Jubair, I'm 64 year old ,i have seen your video & opened a Chip instant account with £100 , i have 20k to invest , NS&I bonds or put it into my chip account ? i won't be touching it for at least 5yrs. what do you think ? love the video's.
Hi Kelvin, glad that you like the videos. Both Chip and NS&I wouldn't technically be considered as investments as there is no risk that your money can go down. I think over 5 years, chip may give you more, but again, its all down to luck with premium bonds so nobody can tell. Maybe a good stock market ETF would be a better choice?
Thanks for thanks video...im certainly looking to chips aswell but wasnt confident that it will be a good financial saving platform..having higher interest rate than chase, will defo look into chips
I just put money in chip last week. Was thinking of putting some in the prize saving acc but looking at the odds it’s 1-6500. At £10 a ticket you’ll need 65k invested. Premium bond are at 1-22000.
It's all luck at the end of the day right? I think I'll try too with the minimum amount deposited
Interest calculated daily on the total amount invested and paid monthly at over 4.5% and money withdrawn within the same day. Fscs protected too. Not bad eh 😉
4.26%, but yeah, not too bad, can switch to something else whenever you want
10:28 "Have this feature" the feature is called Open Banking please read about SCA. And the S&P 500 literally says tech funds (and not the full one). You may need to pay more attention to detail good sir
How do you sign out of the app
You can enable secure login via the menu, that will probably require you to login every time
Hi Jubair, I'm 64 year old ,i have seen your video & opened a Chip instant account with £100 , i have 20k to invest , NS&I bonds or put it into my chip account ? i won't be touching it for at least 5yrs. what do you think ? love the video's.
Hi Kelvin, glad that you like the videos. Both Chip and NS&I wouldn't technically be considered as investments as there is no risk that your money can go down. I think over 5 years, chip may give you more, but again, its all down to luck with premium bonds so nobody can tell. Maybe a good stock market ETF would be a better choice?
@@Dr.JubairsFinance Thanks for the advice , will look into it , keep the video's coming all the best with your investments.
Thanks for thanks video...im certainly looking to chips aswell but wasnt confident that it will be a good financial saving platform..having higher interest rate than chase, will defo look into chips
I am sure Chase has more benefits, but for raw savings interest, it is hard to beat Chip at the moment
Chase has 5% round ups and 1 percent cash back I’ve moved my savings to chase. The easy access is 3.80 but I’ll be saving more via round up
@@Kaspa30 Sounds great! I already have a cashback credit card, so rather put stuff on credit, but sounds like a great deal for most
I opened chase 6th June I got ten pounds cash back. That’s more than I earned from my trading 212 isa 😂
@@Kaspa30 not bad at all, big spender!