Tandem Bank chat

Oh, has it! I like their design language so much more than Atom (which feels like it’s been designed in the early 00’s for kids) but the only thing that kept me away was the stupid need to get a text every time I wanted to open the app

Edit: it has. Seems like I’ll be moving my savings to Tandem

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I have been waiting for my co-founder share for 5 years now @DanTandem… Any news?

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I think they’ve given up on this, I questioned it last year to no avail

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That’s a shame. I don’t remember them saying “become a co-founder and you may get a share if we ever get round to it” when they did that marketing campaign in 2016 which got them thousands of followers. :thinking:

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Ps. Did anyone keep a balance on their tandem card even after they scrapped the product and asked for their money back by march 2021?

I guess iOS only? Android app seems to not seem to have any sort of biometric login.

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I got my last refund back on to my Tandem card in February this year and had no issues getting my money back, although I was told by CS that Tandem were closing their credit card support at the end of February so any further refunds would be returned to the vendor.

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I can’t say I’ve really noticed…

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I’m on current iOS, and no Face ID here even though I’ve activated it in Main Settings.

Perhaps just on iPhone, and not iPad?

*checked, and software only designed for phones, not tablets.

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I think I just about understood each word individually, but when put together in this order the article seemed void of actual meaning.

More broadly: surely Tandem has to be on deathwatch as a company now?

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Depends if its ‘green’ angle takes off with good value products.

Otherwise surely an acquisition target for a company like Revolut as a short-cut to a banking licence?

Poor Tandem. More changes in direction than the waltzer. (Though the Membership idea was a stinker from the moment they thought it up.)

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Good shout. I also wondered if their lending products might be of interest to Starting or Monzo?

I suppose it would have to be a distress purchase, though. No one would want to pay full whack right now, I imagine. Although, as you say, there might be a premium for Revolut to fast track a licence.

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It would be funny, in a way, if Revolut did buy them, considering that Tandem themselves bought Harrods Bank as a shortcut to a license years ago.

Revolut is almost the polar opposite of Harrods Bank, so who would have predicted that they might one day have morphed into operating under the same license?

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:eyes:

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Tandem Instant Saver rate increased to 0.65% today

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There’s no mention of a bonus in the email, just says your rate is increasing from 0.4 to 0.65%

Either way, it’s still a depressingly low rate given that it’s market leading!

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No bonus included it’s just a generic email to customers saying interest rate gone up

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I misread the footnote in the MSE newsletter, and the bonus mentioned actually applies to another account, not the Tandem one.

I will endeavour to delete my original post.

I appreciate your endeavour, but now I just look like I’m mad :crazy_face:

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