- Connection
- PSD2 open banking
- Coverage
- 200+ EU/UK providers
- Auto-invest
- Coming soon, you approve
Switch to Bank AI when
You want one daily view across the accounts you already use - bank accounts, brokers, ISAs, SIPPs, pensions and crypto - rather than another standalone savings pot. And you like the idea that, coming soon, Bank AI will read what you can genuinely spare each month and propose an invest-or-save move it executes only on your one-tap approval, through a licensed regulated brokerage partner (your capital at risk).
Stay with Chip when
You want Chip's automatic-saving algorithm and its in-app funds live today, with money held on your behalf. Chip is good at that lane, and Bank AI's deposit and auto-invest layer is still coming soon - even once live it stays execution-only on your one-tap approval.
| Feature | Bank AI | Chip |
|---|---|---|
| Product type | Sees all your money today (read-only aggregation via PSD2); deposit + auto-invest on your one-tap approval is coming soon, execution-only, via a licensed regulated brokerage partner. | Auto-saving + investing app. Chip holds money on your behalf and runs its own savings accounts and investment funds. |
| What it can see | Everything: bank accounts, 60+ UK and EU brokers, ISAs, SIPPs, pensions and crypto exchanges in one net-worth view. | Primarily money held inside Chip, plus open-banking links to power its auto-save algorithm. |
| How it decides what to invest | Coming soon. Bank AI reads how you actually spend across all accounts, works out what you can genuinely spare, and proposes an invest-or-save move you approve one tap at a time. | Auto-save algorithm moves spare cash into Chip on a schedule; you choose the fund. |
| Discretion | Execution-only. Bank AI never invests without your explicit one-tap approval; never discretionary, never autonomous. | You choose the investment; Chip executes your instruction. |
| Crypto | Crypto exchanges (Binance, Bitpanda, Coinbase, Kraken, Crypto.com) included in the net-worth view. | Not the focus. |
| AI assistant | Built in. Ask plain-English questions about exposure, fees, FX, dividends and what you can afford to invest. | Rule-based automation; not a chat-led AI assistant. |
| Geographic focus | United Kingdom and EU/EEA - 13 markets. | United Kingdom. |
| Custody | Read-only. When the invest layer ships, securities are held by the licensed regulated brokerage partner; Bank AI never holds your cash, securities or crypto. | FCA-regulated; client money and assets held with Chip's partners. |
| Pricing | Paid app. Current pricing shown on the App Store. | Free and paid tiers, plus fund / platform costs (per Chip's public pricing). |
It sees all your money, not one pot
Bank AI connects the banks, brokers, ISAs, SIPPs, pensions and crypto you already use. Chip mostly sees what you hold inside Chip.
It invests what you can genuinely spare
Coming soon, Bank AI reads how you actually spend, works out what you can safely spare, and proposes an invest-or-save move - grounded in your real cashflow. Your capital is at risk when invested.
You approve every move
Execution-only, on your one-tap approval, through a licensed regulated brokerage partner. Bank AI is never discretionary and never autonomous.
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→ - Use case
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Live positions, dividends and allocation across every broker and wrapper.
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Is Bank AI a Chip clone?
No. Chip is an auto-saving and investing app that holds money on your behalf. Bank AI sees across every account you already hold - banks, brokers, ISAs, SIPPs, pensions and crypto - through PSD2-licensed open banking, with an AI assistant on top. Coming soon, it adds a deposit and auto-invest layer that proposes a move based on what you can spare and executes it only on your one-tap approval, execution-only, through a licensed regulated brokerage partner. Your capital is at risk.
Does Bank AI auto-save like Chip?
Not in the same way, and not yet. Aggregation is read-only today. Coming soon, instead of an auto-save algorithm moving cash on a schedule, Bank AI reads how you actually spend and works out what you can genuinely spare, then proposes an invest-or-save move you approve one tap at a time. It stays execution-only and your capital is at risk when invested.
Does Bank AI hold my money like Chip?
No. Bank AI never holds your cash, securities or crypto. Aggregation is read-only, and when the invest layer ships your investments are held by a licensed regulated brokerage partner, not by Bank AI.
Is Bank AI free?
Bank AI is a paid app; current pricing is shown on the App Store. Chip has free and paid tiers plus fund and platform costs per its public pricing.
Does Bank AI work outside the UK?
Yes. Coverage is the UK and the EU/EEA: Ireland, France, Germany, Italy, Spain, Belgium, Netherlands, Luxembourg, Portugal, Czech Republic, Austria and Switzerland. Chip is UK-only.
Is Bank AI read-only?
Today, yes - for aggregation. Bank AI reads your accounts to build a net-worth view; it does not move money or place trades on its own. Coming soon, the deposit and auto-invest layer proposes an invest-or-save move and executes it only when you approve it one tap at a time, execution-only, through a licensed regulated brokerage partner. Your capital is at risk when invested.
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