Donate to Remove ads

Got a credit card? use our Credit Card & Finance Calculators

Thanks to Rhyd6,eyeball08,Wondergirly,bofh,johnstevens77, for Donating to support the site

Anyone using Atom Bank for savings?

Discussing offers, rates and deals on suppliers
Clariman
Lemon Quarter
Posts: 3271
Joined: November 4th, 2016, 12:17 am
Has thanked: 3087 times
Been thanked: 1559 times

Anyone using Atom Bank for savings?

#77699

Postby Clariman » August 29th, 2017, 2:51 pm

I'm needing to find a home for some cash and the new UK challenger bank Atom have some good rates.

Any experience of using them here?

C

XFool
The full Lemon
Posts: 12625
Joined: November 8th, 2016, 7:21 pm
Been thanked: 2608 times

Re: Anyone using Atom Bank for savings?

#81557

Postby XFool » September 16th, 2017, 10:46 pm

Apparently not!

MrBarclay
Lemon Pip
Posts: 66
Joined: November 4th, 2016, 11:45 am
Has thanked: 41 times
Been thanked: 4 times

Re: Anyone using Atom Bank for savings?

#81733

Postby MrBarclay » September 18th, 2017, 11:18 am

Its a start up. Lost £42 m to March 17 year. £538m deposits, 18 k customers. 281 staff. Hopes for 3 year breakeven.
But they still manage to compensate a director with £1.6m inc shares!
Haven't used their app, but it sounds a bit of a hassle as I need a joint account. And who really needs a mobile app when most of their savers go for 1 year or 2 year bonds? Oh, and you might not be able to use it overseas.


Return to “Bank Accounts Savings & ISAs”

Who is online

Users browsing this forum: No registered users and 22 guests