How do I buy units in an investment fund?

You can buy units in one or more funds in the Invest tab in the app.

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Here’s how to do it:

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• Go to the Invest tab.

• Select either your Stocks & Shares ISA or your General Investment Account.

• Tap on the fund here have purchased units in it before. If you haven't, you can tap the  Add a new investment option.

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Once you are viewing the fund, the next step depends on where the money is coming from:‍

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Buying units using money from your linked bank account:

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• Tap Invest

• Enter your deposit amount, select your deposit method and tap Confirm

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Buying units using money from a Chip savings account or your uninvested cash):  

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• Tap Transfer

• Select the savings account you're depositing from (we can only transfer from the Prize Savings Account and the Chip Instant Access Account), or uninvested cash

• Enter your deposit amount and tap Confirm

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You can find all the deposit timeframes for our savings and investment accounts here. ‍

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*When investing, your capital is at risk. The value of your investments can go down as well as up, and you may get back less than your original investment. Seccl Custody Limited is the ISA Manager for the Chip Stocks and Shares ISA.

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ISA limits apply. Invest £20k per tax year. Chip does not provide tax or financial advice. Tax treatment depends on individual circumstances and may be subject to change in the future.

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GIA proceeds are potentially taxable, subject to any annual exemption that may apply.  ‍

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Need further help?

If you have any further questions, get in touch with our support team using the in-app chat (this can be found in the Contact us section on the Profile tab) or by email at hello@getchip.uk for further help.