Features, Benefits and How it Works
Tandem is a UK-based digital bank known for its innovative approach to personal finance and its focus on enhancing financial well-being. Founded in 2013, Tandem initially gained recognition as a digital-only bank offering competitive savings accounts and credit cards. Over time, it has expanded its services to include a broader range of banking products designed to meet the needs of modern consumers.
Moreover, the Tandem app provides users with a range of features to manage their finances more effectively. Its core offerings include high-interest savings accounts and cash-back credit cards, designed to help users maximize their savings and earn rewards on everyday spending. Tandem is also known for its user-friendly mobile app, which offers tools for budgeting, tracking spending, and setting financial goals.
Likewise, a distinctive aspect of Tandem is its commitment to transparency and customer-centric service. The bank emphasizes clear communication about fees and charges, ensuring that customers are fully informed about their financial products. Additionally, Tandem has introduced features like “Save and Spend” budgeting tools and financial planning advice to help users make smarter financial decisions.
Overall, Tandem positions itself as a forward-thinking digital bank that combines traditional banking services with modern technology. Its focus on user experience, transparency, and financial education makes it a compelling choice for those looking for an intuitive and reliable way to manage their money in the digital age.
Founded: 2013
Headquarters: London, UK
Users: +150,000 thousand
Countries available: United Kingdom
Account plans: savings accounts for personal users