WebMar 21, 2024 · Today ClearBank serves more than 200 financial institutions and fintech customers including Tide, Coinbase, Chip and Oaknorth Bank. This rapid growth was acknowledged by Deloitte’s 2024 Technology Fast 50 awards which ranked ClearBank as the fastest growing fintech company in the UK. Web6.1 Interest on the Chip Instant Access Account is paid by ClearBank on the balance in your Chip Instant Access account only. Interest will be calculated daily and paid monthly on the fourth business day of each month. the interest paid or accrued will be FSCS protected (if you meet the eligibility criteria).
Chip taps ClearBank to add FSCS protection to savings accounts
WebOct 27, 2024 · Savings and investment app Chip has struck a deal with banking-as-a-service provider ClearBank to provide users with FSCS-protected accounts and the … WebMar 16, 2024 · The CHIP instant access account is provided by Clearbank and you have FSCS cover up to £85K. I think the same might be true for the prize draw account but I … destination home office of supportive housing
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WebNov 30, 2024 · Chip’s new account is covered by the Financial Services Compensation Scheme (FSCS) up to £85,000 and any money put in a Chip+1 account will be held in a ClearBank-backed trust account. Users can unlock access to the market-beating account by either inviting a plus one or by being someone else’s invitee. WebOct 28, 2024 · Chip is ClearBank’s first consumer-facing BaaS customer, ClearBank CEO Charles McManus said. It will now be able to offer customers an individual Chip savings account that is FSCS protected on deposits up to £85,000 and powered by ClearBank. Through ClearBank’s BaaS proposition, Chip savings accounts will also be … WebMar 21, 2024 · The company reports that it currently serves more than 200 financial institutions and Fintech customers including Tide, Coinbase, Chip, and Oaknorth Bank. In 2024, ClearBank was reported to be one ... chuck vs the office fanfic