Loot Feedback


(Steve) #1

Seems like we have these sort of threads for all the others may aswell have Loot too.

Cards appears to be nice - waiting for the account to be verified as we speak.


#2

Loot’s a prepaid card like Monzo used to be, right?


(Steve) #3

Indeed. Although I always suspect it’s only a matter of time before they make the switch to a bank.


#4

Let us know what it’s like when you’re in the app / got the card!


#5

I have used Loot in past and this has been discussed here previously but quite some time ago. Just logged in after a year and seems to be no changes at all to the app or web interface.

Previously discussed in these threads;


(Steve) #6

I’ve just got in after they rather randomly mixed my details up with a politician. Was resolved very quickly though and in good humour.

The app is a good start, covers the basics. You can run budgets (non itemised just a p/w spend) and set goals with custom pictures (even Loot has it!).

It’s quite a clean interface, easy to navigate. I’d be intrigued to see where they take it. Strange that they haven’t done much to it as per the mention above as it looks like it has some potential.


#7

The whole boat theme loot seemed to be going with really put me off to be honest. The card looked pretty rubbish and I don’t see anything that makes them stand out compared to Starling or Revolut.

Their customer base is smaller but I don’t think this would necessarily equate to better CS, I’m at a loss as to why someone would go with Loot to be honest, as they don’t have any standout features and their product isn’t very mature.

Can you take some screenshots of the app so we can see what it’s like and if there’s some hidden features the others don’t have?


(Steve) #8

Nothing new to write home about in the app to be honest. Also not really boat themed when you get in. Pots are called ‘Goals’ - the much derided Starling Pulse appears to have been recreated. I haven’t made any transactions so can’t report on what that looks like.

Card looks cool I think, quite like the transparent blue colour.


(Simon B) #9

I’ve had an account with them for a year or so. They started with a lot of promise, but as has been noted there haven’t been many meaningful updates for a while. They seem like a great team, so I wonder what their plan is for moving forward.