ChipX offers access to 10 different funds, including actively managed, ethical and thematic funds, as well as a tax-efficient Stocks & Shares ISA. The membership also unlocks exclusive early access to new features and funds, as well as a members-only ChipX icon. The company plans on introducing more investment funds to the platform, adding more and more value to ChipX.

The launch of the membership plan follows the release of the Chip Investment Platform in May, which saw users show a particular appetite for the higher risk funds, with 57% of the deposits currently held in the Adventurous fund.

The goal of ChipX is to give users even more tools to effortlessly take their savings to the next level and to try to earn returns. Those on the new membership plan will have access to a wide range of investment funds from the world's largest asset manager, BlackRock:

Expertly managed funds - actively managed funds from the BlackRock MyMap range:
• Cautious X:
o Average annual return: 7.78%*
o Risk rating: 4/7
o Official name: MyMap 4
• Balanced X:
o Average annual return: 9.88%*
o Risk rating: 5/7
o Official name: MyMap 5
• Adventurous X:
o Average annual return: 11.68%*
o Risk rating: 5/7
o Official name: MyMap 6
Ethical investing - funds that are built with Environmental, Social and Governance (ESG) issues in mind:
• Ethical X:
o Average annual return: New this year!
o Risk rating: 5/7
o Official name: MyMap 5 Select ESG Fund
• Clean Energy:
o Average annual return: 27.51%*
o Risk rating: 6/7
o Official name: iShares Global Clean Energy UCITS ETF
Thematic investing - the first two funds available through ChipX are aimed at relevant themes as the world recovers post-Covid:
• Healthcare Innovation:
o Average annual return: 17.03%*
o Risk rating: 6/7
o Official name: iShares Healthcare Innovation UCITS ETF
• Emerging Markets:
o Average annual return: 20.87%*
o Risk rating: 6/7
o Official name: BlackRock Emerging Markets Fund
The core funds from BlackRock's Consensus fund range will also be accessible to users outside of the ChipX plan, via the recently launched Chip Investment Platform:
• Cautious:
o Average annual return: 6.36%*
o Risk rating: 4/7
o Official name: Blackrock Consensus 35 - Acc (D)
• Balanced:
o Average annual return: 6.80%*
o Risk rating: 5/7
o Official name: BlackRock Consensus 60 - Acc (D)
• Adventurous:
o Average annual return: 9.06%*
o Risk rating: 5/7
o Official name: BlackRock Consensus 85 - Acc (D)
ChipX is available for a £3 subscription every 28 days and offers access to the aforementioned funds and features a competitive 0.25% per annum platform fee.

Simon Rabin, CEO of Chip, commented: “With ChipX, we wanted to offer our users a way to try to build wealth without guessing, picking, scrolling, or trading. To show that you don't need to be a millionaire to get the millionaire experience. It’s been a long time in the making and I’m delighted to say that it’s finally here. ChipX is our hotly-anticipated product for people who are serious about trying to earn returns.”

“Cash savings are dead, interest rates are down, and who actually knows what is going on with bitcoin. Which is why we’re bringing our users a range of investment funds from BlackRock, so that they can put their money to work without the hassle of checking the stock market every day. We set out to build the simplest-to-use investment platform in the world in order to get everyone investing, and I think it’s safe to say we’ve already done a lot to make this a reality.”

"We have set ourselves a hefty goal of democratising savings and investments, and while there’s still a long way to go, I believe that milestone launches like ChipX are what propels us along the right trajectory and gets us ever closer to that goal.”