Digital bank Tandem has announced a new partnership with money-saving FinTech Snoop.
Snoop uses payments data to provide users with personalised financial insights. The pair-up will give its customers access to Tandem’s savings product offering, including its new Top Up Instant Access account.
Tandem notes that many consumers leave millions of pounds in poor paying savings accounts, especially with large high street banks. The bank has made a point of taken actions to reward its customers for their business by offering them better interest rates.
"Billions of pounds are sitting in savings accounts paying pathetic rates of interest to customers,” said Paul Lloyd, co-founder and chief marketing officer at Snoop. “We are confident that we can help consumers get a much better return on their money – and working with Tandem will be an important part of that.”
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