Tandem Bank has announced the launch of a second credit product, the Journey Card, available through application via the Tandem website.
Tandem Bank obtained its banking licence in January 2018 and launched shortly after with their Cashback Credit Card and three Fixed Saver accounts, along with an app that aggregates bank accounts to give users full visibility and insight into their finances. Tandem is now adding its second competitive credit card offering to its product suite, this time to a market that Tandem believe is underserved.
The Journey Card is a way for those who haven’t had credit before to build up a strong credit profile. When paid on time, and without going over their credit limit, customers can use the Journey Card to achieve better financial health. Increasingly people are realising the importance of credit scores for building a better future, be that helping them to get car loans, mortgages and better credit rates in the long-term.
Ricky Knox, Tandem CEO, said:“2018 continues to be a transformative year for Tandem. Our customer numbers are growing and so is our suite of products. We set out to solve real people’s problems with money and with every new product we are in a stronger position to do just that. Credit cards are valuable tools and we’re helping people get the most out of them.”