Tandem Review
Comprehensive review and analysis of Tandem's digital banking services
Quick Facts
- Founded
- 2013
- Head Office
- United Kingdom
- Active Customers
- 100,000+
- Total Funding
- £90 million
- Employees
- 200+
- App Store Rating
- 4.3/5
Pros & Cons
Pros
- Green banking focus
- Competitive savings rates
- Energy efficiency tools
- No monthly fees
- Smart money management
- Environmental impact tracking
Cons
- Limited product range
- UK-only availability
- No current accounts
- Some features require premium
Supported Countries
- United Kingdom
Fees
- Account Opening Free
- Savings Accounts Free
- Green Loans Competitive rates
- Card Issue Free
- Foreign Transactions 2.5%
Overview
Tandem has focused on green banking since 2013. Their platform combines traditional banking services with environmental initiatives, helping customers make sustainable financial choices while managing their money effectively.
Key Features
Banking Services
- Savings accounts
- Green loans
- Mobile banking
- Bill payments
- Direct debits
- Standing orders
Green Features
- Energy efficiency tools
- Carbon footprint tracking
- Green investment options
- Sustainability scoring
- Environmental impact
- Green rewards
Savings Products
- Fixed savers
- Instant access
- Regular savings
- Green bonds
- ISA accounts
- Term deposits
Additional Services
- Home improvement loans
- Energy efficiency advice
- Sustainable investing
- Green mortgages
- Environmental tips
- Impact reporting
Security Features
- Bank-level encryption
- Two-factor authentication
- Transaction monitoring
- Fraud detection
- Device management
- Secure messaging
Customer Support
- Phone support
- Email assistance
- Live chat
- Help center
- Sustainability advice
- Educational resources
Verdict
Tandem excels in providing environmentally conscious banking services. Their combination of competitive financial products and green initiatives makes them particularly valuable for customers seeking to align their banking with environmental values.
While the product range is more limited than some competitors, the focus on sustainability and competitive rates offers unique value. The main limitations are the UK-only availability and lack of current accounts, but for users interested in green banking solutions, Tandem offers an excellent eco-friendly option.