Updated September 28, 2026 · SumCue Editorial Team
Chip vs frankly.ch
Chip
Higher score in this comparison
frankly.ch
What sets them apart
| Compare | ChipReviewSee alternativesSee alternatives | frankly.chReviewSee alternativesSee alternatives |
|---|---|---|
| Headline rate | 4.5%Higher | 0.15% |
| Minimum deposit | £1 | CHF 1 |
| Access terms | Flexible cash ISA, on-demand withdrawals arriving next working day, interest calculated daily and paid monthly | Fully digital, app or web, no minimum deposit and no minimum term |
| Monthly fee | £0 | CHF 0 |
| Deposit protection | FSCS up to GBP 85,000 | Not confirmed |
| Regulators | Financial Conduct Authority | Not confirmed |
Same on both: Rate type (Variable), Account kind (ISA).
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.
Key differences
- Chip scores higher overall: 9.0 vs 8.8.
- Headline rate is higher at Chip: 4.5% vs 0.15%.
- Support channels: only Chip offers Chat, Community.
- Support channels: only frankly.ch offers Phone.
Our verdict on each
Chip
Chip's Smart Cash ISA pays a variable 4.5% with withdrawals on demand the next working day, and the same app runs investing accounts alongside it. It suits UK savers who want tax-free cash, an interest credit each month and a place to hold investments later, without tying the balance up.
frankly.ch
frankly.ch suits Swiss savers who want a digital tax shelter account with no standing monthly charge. The catch is the interest: 0.15% sits far below the 3.29% from Wise and the 3.01% from bunq. That gap decides the choice for anyone comparing on yield alone.
Score breakdown
| Area | Chip | frankly.ch |
|---|---|---|
| Cost | 8.9A £0 monthly fee on the cash ISA and a 0.25% management fee on the investing accounts, under the 0.35% typically charged. | 8.9Monthly fee CHF 0 on a no monthly fee model, with a minimum deposit of CHF 1, so running costs sit near the floor. |
| Offer | 9.6HigherA 4.5% variable rate on a isa, well above the 3% listing median and the 4.25% cash ISA median. | 8.6Headline rate 0.15% on a variable rate, ranked 442 of 488 brands on rate. |
| Trust | 8.6 | Not confirmed |
What we checked
Chip
- getchip.uk: 11 facts, checked September 26, 2026
- help.getchip.uk: 2 facts, checked September 26, 2026
frankly.ch
- frankly.ch: 8 facts, checked September 26, 2026
- play.google.com: 2 facts, checked September 26, 2026
How they place
| Ranking | Chip | frankly.ch |
|---|---|---|
| Savings | 428 of 1492 | 624 of 1492 |
| Savings accounts | 283 of 658 | 415 of 658 |
| Cash ISAs | 6 of 11 | 9 of 11 |
Every fact side by side
| Fact | Chip | frankly.ch |
|---|---|---|
| Pricing model | No monthly fee | No monthly fee |
| Legal entity | Chip Financial Wealth Ltd | Sparen 3 pension foundation of Zuercher Kantonalbank |
| Headquarters | United Kingdom | Switzerland |
| Founded | 2017 | Not confirmed |
| Support channels | Email, Chat, Help centre, Community | Email, Phone, Help centre |
Robo-advisors
| Fact | Chip | frankly.ch |
|---|---|---|
| Management fee | 0.25% | Not confirmed |
| Investor protection | FSCS up to GBP 85,000 | Not confirmed |
| Account types | ISA, SIPP | Not confirmed |
| Portfolio types | ETF, ESG, Cash, Crypto | Not confirmed |
Where each stands against the rest
| Fact | Chip | frankly.ch | Median |
|---|---|---|---|
| Headline rate | 4.5%above the median | 0.15%lowest quarter | 3.3% |
Median across 710 listed providers.
Pros and cons
Chip
Pros
- The 4.5% variable rate is above the 3.29% at Wise and the 3.01% at bunq.
- A minimum deposit of £1 makes the account straightforward to open and top up.
- As a isa it takes withdrawals on demand, arriving the next working day, with interest calculated daily and paid monthly.
Cons
- Help runs on email, chat and help centre only, so there is no phone line for anyone who prefers to talk to someone.
- The rate is variable, so the 4.5% is a current figure and can move in either direction.
- Ranked on headline rate Chip comes 113 of 488, so the 4.5% is a strong offer without being top of the field.
frankly.ch
Pros
- The monthly fee is CHF 0, so there is no standing charge on the account.
- The account is fully digital by app or web, with no minimum deposit and no minimum term.
- A variable rate means the return can move rather than being locked for a set period.
Cons
- The headline rate of 0.15% sits well below the 3.29% from Wise and the 3.01% from bunq.
- A variable rate leaves the return exposed to policy moves rather than locking it in.
- The balance sits inside a isa wrapper held by Sparen 3 pension foundation of Zuercher Kantonalbank, so the money is tied to retirement saving rather than sitting as plain cash savings.
Who each suits
Chip
Who it suits
- UK savers who want tax-free cash earning a variable 4.5% and reaching their money the next working day.
- New investors who can begin at £1 and keep cash savings and investments in one app.
- People who would rather hold a variable rate than commit to a term, since the interest here is variable.
Who should look elsewhere
- Savers after a fixed-term product, since the interest here is variable. Finteres, whose listed headline rate runs 0% to 36%, is worth checking for a different rate structure.
- Anyone who wants savings kept well away from markets, since the app also runs investing accounts where a typical retail loss rate is 70.15%. A cash-only balance with bunq or Wise is the simpler route.
frankly.ch
Who it suits
- Swiss residents setting aside money in a tax shelter through an app
- Savers who want a digital account with no standing monthly charge and no minimum term
- Savers who can accept a variable rate and a return well below the 3.29% that Wise pays
Who should look elsewhere
- Anyone chasing the highest interest, since Wise pays 3.29% against 0.15% here
- Savers who need a fixed deal, as the rate here is variable while Finteres runs a band reaching 0% to 36%
Current offers
Chip
Current offer
Bonus
Smart Cash ISA new customer rate boost: 4.50% AER (variable tracker) for 12 months
New Chip customers only; 3.50% standard variable AER plus a 1.00% boost for 12 months; cannot be combined with any other Boosted Rate Promotion; 18+ UK tax resident and app only
Source, checked September 26, 2026
Free trial
ChipX membership 28 day free trial: 28 day free trial, then £5.99 every 28 days (paid monthly) or £65.05 paid annually
Upgrade to ChipX membership; standard Chip membership is free
Source, checked September 26, 2026
Country by country
| Country | Chip | frankly.ch |
|---|---|---|
| Switzerland | No | Yes |
| United Kingdom | Yes | No |
Questions about each
Chip
What rate does the Chip Smart Cash ISA pay, and can it change?+
The headline rate is 4.5% and it is variable, so the figure can rise or fall with the market rather than being fixed for a term. The median headline rate on these savings listings is 3%, and the median for cash ISAs is 4.25%, so Chip sits above the middle of both groups.
What kind of account is it, and how quickly can I get my money out?+
It is a flexible cash isa, so the balance is not tied up for a fixed term. Withdrawals are on demand and arrive the next working day, and interest is calculated daily then paid monthly. Anyone planning to leave money untouched for a set period is looking at the wrong kind of product here.
frankly.ch
What rate does frankly.ch pay and is it fixed?+
The headline rate is 0.15% and the rate type is variable, so the return is one the provider can move rather than a figure locked for a set period. A saver who budgets around a future yield takes on that uncertainty. Readers who want a predictable return should treat a fixed product as the more comfortable choice.
Is there a monthly fee on the account?+
The monthly fee is CHF 0 and the account runs on a no monthly fee model, so there is no standing charge to weigh. That makes the cost side the strongest part of the offer, and the gap shows in the scores: 4.7 for cost against 0.6 for offer. A reader can treat the quoted rate as the full return on the balance.
Other options to compare
Chip
frankly.ch