Banking Business Fintech News

Tandem Bank Launches ‘Green’ Instant Access Savings Acount

Tandem Bank launches 'green' instant access savings acount

Protecting the planet doesn’t have to mean compromised returns with Tandem Bank’s environmentally friendly saving option with a headline interest rate of 0.5% AER.

This week, Tandem Bank launched its new Green Instant Access Saver, knowing how most UK customers would opt for green options when it comes to their money. In a recent survey carried out by the bank, almost two thirds of us said we would switch banks if they were more environmentally friendly – but over half of us admitted we simply don’t know where to start or go.

Read More: GlobalFintechSeries Interview with Jason Ioannides, Manager, Solutions Consulting at Alloy

TandemTandem’s newly launched website and app reflect its commitment to providing a full package of green options – in minutes, new customers can now download the app and the environmentally conscious amongst us can effortlessly start putting our money to good use.

Along with other upcoming green products and services including its soon to be launched Green Mortgage, Tandem is leading the charge to help both people and planet and deliver on its ‘Good Green Bank’ mission.

Tandem’s growing green product offering follows its acquisition of established green lender Allium last year. Allium has already provided loans to thousands of homeowners who were looking to improve the environmental credentials and energy efficiency of their homes which account for 13% of the UK’s total CO2 emissions .

Read More: DBS to Double Recruitment of Financial Planning Advisors in 2021; Introduces Industry-First Insurance Consultant Role

Ricky Knox, Co-founder and CEO of Tandem Bank, comments: “We’re on a mission to educate and empower consumers about green finance. We’re making it simpler and quicker for them to achieve sustainable living, both with respect to the environment and their money.

“I originally founded Tandem with the number-one intent of building ‘The Good Bank’ – one that puts customers’ needs first and takes the stress out of money management.

“The launch of the Green Instant Access Savings Account and our other green products and services that will follow suit, demonstrate our commitment to building ‘The Good Green Bank’, one that enables customers to understand and reduce the environmental impact of their finances and help to create a more sustainable planet for us all”.

Read More: Exploring the Rise of Fintech in Australia 

Related posts

CMT Digital Strengthens Global Leadership Team With Two Strategic Hires

Business Wire

Blackhawk Network Acquires NGC

Fintech News Desk

TD Bank Group Creates South Florida Tech Hub to Accelerate Digital Transformation

Fintech News Desk
1