Chip Cash ISA (NEW) Review - Worth Opening?

Full app review of Chip's new Cash ISA.

Timestamps
➡️ Intro 0:00 - 0:57
➡️ Why you might need a Cash ISA: 0:59 - 3:57
➡️ Benefits of Chip's Cash ISA 3:58 - 6:25
➡️ Cons of Chip's Cash ISA 6:26 - 7:30

[CJ-ucge]

It’s gone up to 5.10% now. I’ve just opened an account as it’s one of the highest atm

[CengAmat]

Can you add chip platform/referral url?

[omoribakeikumoluyi]

Thank you for this video. I read elsewhere that the interest on Chip's Cash ISA is compounding. Is that true? I notice you did not mention that.

[CengAmat]

Disadvantage of moneybox is it pays interest annually. So if you need to withdraw money in 12 months, you would gain no interest!

[lukecapone]

Love the app but this isa is nothing special

[samsungdiscx]

1. Have opened one ISA account in HSBC ( LOY_ISA_Adv) ( In OCT 2023) and deposited 20000.00 GBP and withdraw 5000.00 GBP in March 2024 ?

2. I opened one more Cash ISA in NatWest in March 2023 and deposited 20000.00 GBP

3. Have opened one more ISA account and deposited 20000.00 GBP and withdraw all amount in one day in Halifax .

Here my question is can i have any tax issues or penalties from HMRC as i have two ISA accounts with 20000.00 GBP amount in each account ?