Possibly defunct app
Won’t load, website has no contact for support, last update 3y ago. Bummer!
Won’t load
Tried opening it up a dozen times but won’t get past the loading screen
Free
About
This app helps you pay off student loans faster by automatically saving spare change from your purchases. It rounds up transactions to the nearest dollar and uses the accumulated amount to make direct payments towards your debt, reducing interest and loan term.
✓Automated spare change round-ups
✓Direct loan payments
✓Interest payment reduction
✓Reduced loan term length
✓Connects to 10,000+ financial institutions
✓IFDC secured banking account
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What's New in Chip
1.2.5
June 17, 2026
• Completely redesigned UI for a better user experience. • Fixed bugs and resolved reported issues. • Added ChipDebt loan tracking functionality. • Performance improvements and stability enhancements.
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FAQ
How does Chip help pay off student loans?
Chip automatically rounds up your purchases to the nearest dollar and uses the spare change to make direct payments towards your student loans. This process helps reduce the overall interest paid and shortens the loan repayment term.
What is the monthly fee for Chip?
Chip charges a fee of $1.99 per month for unlimited spare change round-ups and unlimited direct loan payments based on your spending habits.
Does Chip connect to my bank account?
Yes, Chip connects to your bank account to debit the rounded-up amounts. It also connects with over 10,000 financial institutions and your credit card to facilitate payments directly to your loans.
Is my money safe with Chip?
Your spare change is held in an IFDC secured banking account until it accumulates to over $25, at which point a payment is made directly to your loan. The app aims to provide a secure method for debt repayment.
What devices does Chip support?
Chip is available on iPhone and iPod devices. It is designed for users who want to manage their student loan payments on the go.
How often is Chip updated?
The latest version of Chip is 1.2.4, which was last updated on February 10, 2021. This indicates a release and update cadence that users can expect.
What is the age rating for Chip?
Chip has an age rating of 4+, making it suitable for a wide range of users interested in managing their finances.
Does Chip have ads?
No, Chip does not contain advertisements. The app's monetization is based on a monthly fee for its services.
