Moneybox vs Chip: Features, Coverage and Pricing Compared (2026)
Updated November 10, 2026 · Reviewed by Benjamin Margolis
Moneybox and Chip both help UK savers put money into savings, ISAs, and pensions from one app. Moneybox is larger, with 1.7 million customers and a Lifetime ISA. Chip leads with automatic saving and savings rates.
Our analysts compared the two on November 10, 2026, using each company's own product, pricing, and company pages and our full reviews of Moneybox and Chip.
Choose Moneybox if
- you want a Lifetime ISA
- you want a broad product shelf
- you want a profitable provider
Choose Chip if
- you want automatic saving
- you want competitive cash rates
- you want prize savings
Moneybox scores 78 and Chip scores 77 in our ratings. Moneybox has the broader shelf. Chip leads on cash and automation.
Key Features Compared
Moneybox vs Chip at a Glance, November 2026
| Feature |  Moneybox | Chip |
|---|---|---|
| Ratings | ||
| Fintech Index score | 78 / 100Higher score | 77 / 100 |
| Overview | ||
| What it is | London wealth app that offers ISAs, pensions, cash savings, and investment accounts to UK retail customers | London, England, savings and investing app that moves money automatically into UK savings accounts, ISAs, and funds for people building their savings |
| Who it suits | UK savers; 1.7 million customers | UK savers; more than 500,000 active users |
| Main products | Stocks and Shares ISA, Lifetime ISA, pensions, cash savings, and investment accounts | Savings accounts, cash ISA, prize savings, stocks and shares ISA, general investment account, and SIPP, with automatic saves |
| Where it operates | United Kingdom | UK tax residents |
| Products and features | ||
| Tax-free wrappers | ISA, Lifetime ISA, and pension | Cash ISA, stocks and shares ISA, and SIPP |
| Pricing | ||
| How pricing works | Fees vary by product | Free plan with a 0.25% platform fee on investments; ChipX ~$8.01 every 28 days |
| Published prices | Product fee pages | Fees posted |
| Technology and compliance | ||
| Regulation and protection | FCA-regulated; profit before tax for three straight years | FCA-regulated savings and investment app |
| App and platform | App with goal tools | Automatic saves |
| Integrations and partners | Retail app | Savings from partner banks |
| Onboarding and support | Standard retail terms | 28-day free trial on ChipX |
| Company | ||
| Founded | 2016 | 2017 |
| Headquarters | London, United Kingdom | London, England |
| Ownership | Private company | Private company |
| Funding | Venture-backed; July 2026 employee secondary at ~£800M (~$1.07B) valuation. Founded by Ben Stanway and Charlie Mortimer | ~$93.6M raised through Crowdcube from more than 30,000 retail investors, plus ~$8.0M from Channel 4 Ventures in a ~$22.7M round in January 2026 |
| Key leader | Ben Stanway | Simon Rabin |
| Scale | ~£19B of assets; revenue of £115.6M in 2025 | ~$8.0B of assets; revenue of ~$31.8M in 2024 |
Fintech Index Scores Compared
We rate every company on eight criteria from 0 to 100, four tied to what buyers in its sector need and four shared by every company, and the rating is their average. Moneybox scores 78 and Chip scores 77.
Criterion Scores Out of 100
Key Differences Between Moneybox and Chip
Scale
Moneybox holds ~£19B for 1.7 million customers. Chip manages ~$8.0B for more than 500,000 active users.
Fees
Chip's basic plan is free with a 0.25% platform fee, and ChipX costs ~$8.01 every 28 days. Moneybox fees vary by product.
Focus
Chip focuses on cash and automation. Moneybox covers ISAs, pensions, and investing.
Pros and Cons
Moneybox
Pros
- Broad shelf in one app
- Lifetime ISA
- Profitable
- Large customer base
Cons
- Fees differ by product
- No advice
- UK only
Chip
Pros
- Savings rates and automation in one app
- Free basic plan
- Prize savings
- Raised mostly from its own users
Cons
- Not for picking individual shares
- UK tax residents only
- ChipX costs extra
Who Each Is Best For
Moneybox
A UK saver who wants ISAs, pensions, cash products, and simple investing in one retail app.
Chip
A UK saver who wants automatic saving, competitive cash ISA and savings rates, and simple fund investing in one app.
Alternatives to Moneybox and Chip
These companies, all reviewed and rated on The Fintech Index, cover some of the same ground as Moneybox and Chip.
Other Card Issuing and Processing Companies
| Company | Score | Best for | Comparisons |
|---|---|---|---|
| Plum | 74 | Savers who struggle to put money aside | Plum vs Chip |
| Wealthify | 76 | UK savers who want a simple ready-made portfolio | None yet |
| Moneyfarm | 75 | UK savers who want a managed ETF portfolio | None yet |
Frequently Asked Questions
Does Chip offer a pension?
Yes, a SIPP.
Does Moneybox offer a Lifetime ISA?
Yes.
Are they UK only?
Yes.
Sources
- The Fintech Index analysis of Moneybox and Chip, conducted November 2026 (As of November 10, 2026)
- Moneybox home page: https://www.moneyboxapp.com/ (As of November 10, 2026)
- Moneybox, 2025 results: https://support.moneyboxapp.com/moneybox-strengthens-market-position-as-profitability-scale-and-product-diversification-drive-record-year/ (As of November 10, 2026)
- Moneybox, valuation note: https://support.moneyboxapp.com/moneybox-valuation-climbs-to-800m-us1-1b-as-it-prepares-pisces-enabled-secondary-share-sale-for-long-serving-employees/ (As of November 10, 2026)
- Chip home page: https://getchip.uk/ (As of November 10, 2026)
- Chip, news: https://getchip.uk/news (As of November 10, 2026)
- Chip, pricing and fees: https://getchip.uk/pricing (As of November 10, 2026)
- City AM via Yahoo News, Channel 4 backs Chip: https://uk.news.yahoo.com/channel-4-backs-wealth-app-103109212.html (As of November 10, 2026)
- Sifted, Chip interview: https://sifted.eu/articles/chip-interview (As of November 10, 2026)