Ampere Review
Comprehensive review and analysis of Ampere's digital banking services
Quick Facts
- Founded
- 2020
- Head Office
- United Kingdom
- Active Customers
- 100,000+
- Total Funding
- £25 million
- Employees
- 100+
- App Store Rating
- 4.3/5
Pros & Cons
Pros
- Modern banking interface
- Competitive savings rates
- Quick account opening
- 24/7 customer support
- Advanced security features
- No monthly fees
Cons
- Limited international features
- No physical branches
- Some features require premium
- New to the market
Supported Countries
- United Kingdom
Fees
- Account Maintenance Free
- Card Issuance Free
- ATM Withdrawals Free up to £200/month
- Foreign Transactions 2% fee
- Bank Transfers Free
Overview
Ampere has emerged as an innovative digital bank in the UK since 2020. With a focus on modern banking solutions and competitive savings rates, it offers a fresh approach to personal banking.
Key Features
Banking Services
- Current account
- Savings account
- Debit card
- Mobile payments
- Direct debits
- Standing orders
Digital Features
- Mobile app
- Online banking
- Real-time notifications
- Spending insights
- Budget tracking
- Payment scheduling
Savings Features
- Competitive interest rates
- Savings goals
- Round-up savings
- Automated savings
- Interest notifications
- Flexible terms
Security Features
- Biometric authentication
- Two-factor authentication
- Instant card freezing
- Transaction monitoring
- Fraud detection
- 24/7 security team
Customer Support
- 24/7 in-app chat
- Phone support
- Email assistance
- Help center
- Video guides
- Social media support
Verdict
Ampere offers a solid digital banking experience with competitive savings rates and modern features. While relatively new to the market, their focus on user experience and security makes them an attractive option for UK customers seeking a digital-first bank.
The main limitations are their limited international features and lack of physical presence. However, for users primarily banking within the UK who prioritize good savings rates and modern banking features, Ampere provides a compelling package.