Need help saving? With Autosavings we’ll help you save money each week using rules that identify small, regular amounts to put aside. Once a week we’ll move that money into your Tandem Account, an instant access, 0.5% interest account that allows quick, convenient access to your cash.
On top of that we’ve built helpful features to manage your spending by identifying your recurring bills so you don’t fall short before payday. Manage your Tandem Card and track your spending in real-time, or connect your bank accounts and we’ll help you get the full picture of your finances.
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THE TANDEM ACCOUNT
The all-new Tandem Account helps you save money quickly and easily, and lets you get access to your money whenever you need it. You’ll earn 0.5% interest on any money in your account. Your money is also protected up to £85,000 by the Financial Services Compensation Scheme (FSCS) as Tandem is a fully regulated UK bank.
Save the change whenever you make a purchase. We’ll round up your spending to the next pound and move the difference into your Autosavings – so that £2.40 you spend on your morning coffee results in 60p in savings. We’ll round up spending on all of the accounts you connect to the Tandem app as well as the Tandem Credit Cards.
SAFE TO SAVE
Want to give your Autosavings an extra boost? Safe to Save looks at your regular income and spending and identifies how much you can afford to save across the month. The Tandem App then takes a little bit each week and adjusts itself should you spend more or less than expected. With five different savings levels to choose from you can have complete control on how much you want to push your savings each month.
Autosavings is finally here! Get your Tandem Account and set up some rules to start saving. The savings you build up will be collected into your Tandem Account every 7 days. It's a doddle, you don't need to do a thing after setup. This version has two rules to get you started, and we'll be adding more very shortly. So watch this space!
Ratings and Reviews
Ok but sluggish and needs to support iPad screen sizes
I use it to manage the Tandem Credit Card only. No way I would enter my security details for other banks - why don’t they just use the industry standard Open Banking protocol instead?
The app, overall, is fine and has seen some good improvements and new features (Face ID, access to statements, etc.). But it’s quite slow and feels more like a web page wrapper app than a proper fast native iOS app. It also needs to be updated to support iPads, especially since Tandem do not have an online banking site, so this app is the only way to access your account.
Definitely plenty of room for improvement.
I set up autosavings a month ago and now I’ve got an account with over £100 saved that I literally haven’t noticed as I go along. All happens automatically in the background. Set up was smooth, works with my Lloyd’s account (not with one of my other accounts, but early days, I’m sure it’ll follow soon). Chatted to customer service and they were quick to respond in-app chat. Overall very happy with Tandem and enjoying using my card too, but everyone knows it’s the best non-Amex available, particularly for travel.
So much room for improvement
Compared to other credit card apps this one is sadly lacking. Especially where it comes to being able to analyse transactions.
There seems to be no way of being able to download transactions in an excel readable format, either for the current period or for previous periods (statements).
I currently use this for travelling, because the are no currency exchange charges, and the cash back does not come amiss either.
However, without a data download ability it it will be back in the safe until the next overseas trip, as it doesn’t meet my needs.
Additionally I cannot get a partner card, so my wife has to use another CC when we travel.
One thing I do like is the notification whenever a transaction is made, giving the local currency and the conversion amount.
No iPad version of the app either.
Much more work needs to be done, concentrate on the core usage of this app, ie credit cards, rather that trying to be all things to all people
Up to six family members will be able to use this app with Family Sharing enabled.