Are you tired of traditional banks and their outdated systems? Do you want to manage your finances from the comfort of your own home? Look no further than digital banks.
Digital banks have become increasingly popular in recent years, offering convenience, flexibility, and often better interest rates than traditional banks. In this article, we’ll explore the best digital banks in the UK to help you make an informed decision.
1. Monzo
Monzo is one of the most popular digital banks in the UK, with over four million customers. It offers a range of features, including instant notifications for every transaction, budgeting tools, and fee-free spending abroad.
Monzo also has a user-friendly app, making it easy to manage your finances on the go. Additionally, Monzo offers interest on your savings and allows you to round up your purchases and save the spare change.
2. Starling Bank
Starling Bank is another popular digital bank in the UK, offering a range of features to help you manage your finances. It offers fee-free spending abroad, instant notifications for every transaction, and budgeting tools.
Starling Bank also offers interest on your savings and allows you to set savings goals within the app. Additionally, it has a user-friendly app and offers 24/7 customer support.
3. Revolut
Revolut is a digital bank that offers a range of features to help you manage your finances. It offers fee-free spending abroad, instant notifications for every transaction, and budgeting tools.
Revolut also offers interest on your savings and allows you to buy and sell cryptocurrencies within the app. Additionally, it has a user-friendly app and offers 24/7 customer support.
4. N26
N26 is a German digital bank that has recently expanded to the UK. It offers a range of features, including fee-free spending abroad, instant notifications for every transaction, and budgeting tools.
N26 also offers interest on your savings and allows you to set savings goals within the app. Additionally, it has a user-friendly app and offers 24/7 customer support.
5. Monese
Monese is a digital bank that offers a range of features to help you manage your finances. It offers fee-free spending abroad, instant notifications for every transaction, and budgeting tools.
Monese also offers interest on your savings and allows you to set savings goals within the app. Additionally, it has a user-friendly app and offers 24/7 customer support.
6. Atom Bank
Atom Bank is a digital bank that offers a range of features to help you manage your finances. It offers competitive interest rates on savings, and its user-friendly app makes it easy to manage your money.
Atom Bank also offers fixed-rate savings accounts, allowing you to earn a higher rate of interest. Additionally, it has a 24/7 customer support team to assist you with any questions or concerns.
7. Tandem Bank
Tandem Bank is a digital bank that offers a range of features to help you manage your finances. It offers fee-free spending abroad, cashback on purchases, and budgeting tools.
Tandem Bank also offers competitive interest rates on savings and allows you to set savings goals within the app. Additionally, it has a user-friendly app and offers 24/7 customer support.
8. Barclays Digital Banking
Barclays Digital Banking is a digital banking service offered by Barclays Bank. It offers a range of features, including fee-free spending abroad, instant notifications for every transaction, and budgeting tools.
Barclays Digital Banking also offers competitive interest rates on savings and allows you to set savings goals within the app. Additionally, it has a user-friendly app and offers 24/7 customer support.
9. HSBC Digital Banking
HSBC Digital Banking is a digital banking service offered by HSBC Bank. It offers a range of features, including fee-free spending abroad, instant notifications for every transaction, and budgeting tools.
HSBC Digital Banking also offers competitive interest rates on savings and allows you to set savings goals within the app. Additionally, it has a user-friendly app and offers 24/7 customer support.
10. Lloyds Bank Digital Banking
Lloyds Bank Digital Banking is a digital banking service offered by Lloyds Bank. It offers a range of features, including fee-free spending abroad, instant notifications for every transaction, and budgeting tools.
Lloyds Bank Digital Banking also offers competitive interest rates on savings and allows you to set savings goals within the app. Additionally, it has a user-friendly app and offers 24/7 customer support.
Conclusion
Digital banks have revolutionized the way we manage our finances, offering convenience, flexibility, and often better interest rates than traditional banks. Whether you’re looking for fee-free spending abroad, budgeting tools, or competitive interest rates on savings, there’s a digital bank out there for you.
By choosing one of the best digital banks in the UK, you can take control of your finances and enjoy a hassle-free banking experience. So why not make the switch today?