Who is Tandem bank owned by?

Tandem Money
Who owns Tandem Bank? Tandem Bank is a British bank based in London, fully owned by Tandem Money. It was founded in 2015 by Matt Cooper, Michael Kent, and Ricky Knox. Its headquarters are in London, England, UK.

Are tandem bank any good?

Tandem’s savings accounts offer very competitive interest rates, with its one-year fixed rate deal more than double the market average. Though bear in mind that cash savings interest rates are still generally very low at the moment. You can also make deposits into your Tandem savings account whenever you like.

How green is Tandem bank?

Tandem transforms from credit card into eco-bank with 0.5\% ‘green’ savings account launch. Quite what makes it ‘green’ is less clear.

Is Tandem credit card closed?

As you already know, Tandem closed its credit card offering in February 2021. If you previously had a Tandem credit card, we’re here to help with any questions you may have about your card closure, Allium Loan or transfer to Perch Capital Limited.

Who is Clydesdale bank owned by?

Virgin Money UK PLC
We are part of Virgin Money UK PLC, one of the UK’s leading banking groups.

Is SmartSave bank safe?

All deposits with SmartSave, up to £85,000, are protected by the Financial Services Compensation Scheme (FSCS), the UK’s deposit guarantee scheme. SmartSave is created by Chetwood Financial Limited. Chetwood is a British bank focused on providing better, safer and fairer products for their customers.

Is Oxbury bank safe?

As a UK regulated bank, your savings are protected by the Financial Services Compensation Scheme (FSCS), the UK’s deposit guarantee scheme, up to £85,000 per person.

Is tandem a UK bank?

Tandem Money is a UK company that owns Tandem Bank, a British challenger bank. Tandem Bank operates as an internet bank, with a web app. The acquisition of Harrods Bank in 2017, subsequently renamed Tandem Bank, allowed the company to provide services using the former’s banking licence.

Is DF capital safe?

How is my money protected? We are covered by the Financial Services Compensation Scheme (FSCS). Your eligible deposits with DF Capital are protected up to a total of £85,000 by the FSCS, the UK’s deposit guarantee scheme.

Is tandem a bank?

Tandem is a fully-fledged bank account which means that up to £85,000 of your money is protected by the Financial Services Compensation Scheme (FSCS). Tandem became a fully-fledged bank account in 2017 after it acquired Harrods bank, allowing it to operate from the previous licence that Harrods Bank held.

What happened tandem?

On 8 January 2020, Tandem announced it would be discontinuing its Cashback card, replacing it with the Tandem Membership. Tandem Membership launches on 9 March 2020, with any existing Cashback card holders having their accounts closed.

How many customers does Clydesdale Bank have?

Since then, we’ve been working hard to bring all the brands together under Virgin Money, creating one bank with over 6 million customers.