Help & Support is available directly through the app, allowing you to get common questions answered and to access the live chat or contact centre for further information. To keep your details safe, Atom have made sure that none of your personal data is held on the app. Balance Transfer Credit Cards: how do they work? Offers products for saving, buying and growing, One of the only challengers to offer mortgages, Good app-based alternative to high street lenders, Available on App Store and Google Play store, Doesn’t offer personal loans or credit cards. It takes account of things like how often the interest is paid and assumes any interest paid during that year is added to the balance and earns interest. We’re not most banks. After all, we’re all about you. The Portal is the area of the app where you’re able to view your profile and look through any important documents in a space called the Vault. Yes, we’re hyping it up to Hollywood proportions, but in reality we’ve fixed a few bugs and ironed out some creases. And because we don’t have to fork out for expensive branches, we can offer you better rates. authorised and regulated by the Financial Conduct Authority. Headquartered in Durham, Atom has opted to stay out of the personal current accounts market for an indefinite period because of the poor returns and … This can be very useful to check on your long-term progress, ensuring you can keep on top of repayments. their personal finances efficiently. How to release equity with a lifetime mortgage, Everything you need to know about remortgaging. The team. Atom Bank is a mobile banking application that offers a range of personal and business banking products. Our award-winning customer service and competitive mortgage and savings rates keep our thousands of customers smiling. Atom Bank also acquired a local digital design agency, Grasp. Users can log in using face and voice recognition and receive support from a 24/7 customer service team. Overall, even though Atom Bank doesn’t provide current accounts, what they do provide is a valuable addition to the current pool of challenger banks on the market. Read on to find out more or use the links below to navigate to different chapters in the article. credit broker. ‘Challenger’ banks such as Atom have sprung to life in recent years, thanks in part to the Financial Conduct Authority lowering the amount of capital required to form a new bank… We offer competitive rates, advice on what’s best for you through our independent brokers and a process you can follow step-by-step, all in app. This is your personal data and you can tell us Quint Group Limited is The app is super efficient and easy to use. The Atom Bank app is your first port of call for keeping track of any products you happen to have with them, including any savings accounts, business loans or mortgages. 3 Ways to Start Investing for the First Time, 11 Money-saving tips for your summer holiday. Don't have an account? Then pay money to your Instant Saver using your Atom Instant Saver sort code and account number (you can find this by tapping on your Instant Saver in your app). Requires Android. The Company offers a full range of products, including current accounts and mortgages for both retail and business customers. Sincerity of current accounts Value illusions within current accounts and their authenticity “It’s a spreadsheet, sitting on a mainframe somewhere - there is no pile of gold in a vault that is associated with you.” So said Alex Letts, Ffrees’s chief executive, when talking about current accounts. personal data. In addition, they also take samples of your voice to verify who you are (it is referred to as your Biometric ID) when you are signing up to one of their products. By focussing on mortgages and business loans, they are disrupting the traditional high-street banks who previously were the only place to go for these important products. No. Products and services offered by Atom Bank plc Although beating the likes of Monzo and Starling to market, Atom has not followed their lead in adding a current account option to its product portfolio. Everyone. I have been banking with Atom for over 5 years now and have opened numerous accounts. AER means annual equivalent rate. Make sure you have a current account you’re happy with before you sign up for any further products. Cashplus for Business Bank Account review, CardOneMoney Business Bank Account review, 12 Financial Resolutions for the New Year, Ways to Save Money & Stay Safe on a Family Day Out, Staffordshire Living: Saving for your pension. Can Atom bank change the interest rate? You can only transfer money in and out of your Instant Saver using your connected current account. The bank only offers one current account, but you’ll get a sizeable cash bonus if you switch to First Direct from your existing bank account. We Learn more. Atom Bank say the app is currently only compatible with iPhones and iPads, though an Android version will "follow shortly". "Atom bank", "Atom" and "Digital Mortgages by Atom bank" are trading names of Atom bank plc, a company registered in England and Wales with company number 08632552. We’ve done away with fiddly keypads and instead use your face and voice as your password. What is the Stamp Duty Holiday Extension? under reference number: 669450. ... Current Version. Since Atom Bank don’t provide any current account services, there isn’t really the option of spending abroad with any of their products. In fact, we are the UK’s first app-based bank, here to make things better for you. By focussing on mortgages and business loans, they are disrupting the traditional high-street banks who previously were the only place to go for these important products. All of our products are designed to be simple, straightforward and hassle-free. Atom launched with fixed saver accounts (up to 2.50% AER) and mortgages. Atom bank postpones current-account launch. Since Atom Bank don’t provide any current account services, there isn’t really the option of spending abroad with any of their products. Our Financial Services Register number is 661960. Atom Bank founder promises competitive savings rates and current accounts when it opens virtual doors later this year. panel. Our small, but passionate team, has taken banking and simplified it, making it transparent and straightforward. their personal finances efficiently. Written by Robert Bester, Consumer Finance Expert Simple. See insights on Atom Bank including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. how you want your data to be used as explained here. If you cannot remember it, you can reset your password using the link below. A string of technology-focused challengers in the current account market are poised to make 2016 the year of the digital bank – starting with this month’s launch of Atom. The accounts by Atom Bank beat the previous top one-year fixed account by Metro Bank that offers savers 2 per cent in interest, and a two-year fixed deal by Secure Trust Bank… Atom Bank Products and Services. Earlier in … The latest fundraising means the Atom, the UK’s first mobile-focused bank, has raised a total of £450m from investors, valuing the business at £530m. Can a secured loan help build credit score? ‘Gross' is the rate of interest that’s payable on this account and represents the amount of tax-free interest you'll earn in a year. Take your savings and mortgages with you wherever you are, 24/7. That translates to fixed savings accounts, mortgages and business loans, providing products that many challengers aren’t exactly well-versed in. This means it may not replace your regular bank yet but could offer you a great deal on a financial product instead. Our website is completely free for you to use but we get paid by lenders, brokers, and service providers for introductions and funded applications. You probably won’t even notice the difference, but believe me, our team has been working hard behind the scenes to boost performance. In the second half of the current financial year, Atom Bank has added £362m of mortgages to its portfolio and has loaned a total of £2.8bn to its mortgage customers since 2016. Instead, it has focused on savings, mortgages and business loans. Why not take a look at our range of savings products which are all protected under the FSCS. highlight some key points below. Its biggest shareholders are BBVA at 39 per cent, Toscafund at 29.7 per cent and Woodford at 18 per cent. and is entered on the Financial Services Register under reference number: 740565. Atom Bank deal with three areas in particular; saving, buying and growing. Your Hub is the place where you can check up on your accounts, providing live information on any products you have as well as relevant news related to Atom. Packed with analytics tools, news & event feeds, Atom is an absolute must have. Permission. Robert has been a writer for six years, specialising in consumer finance Instead, if you’ve got a business loan for example and you’re looking to spend a portion of the money abroad, check the details of your existing current account to find out whether you will incur a charge. Given that Atom Bank do such varied products compared to other challengers, they have a very different structure for fees that revolves mostly around their mortgages. Customers can save up to £100,000. This makes them a unique alternative in the world of challenger banks. It’s the latest app update from Atom! Your Atom account is secured by a standard username and password, alongside additional biometric checks such as Face ID if you have an Apple device. It tells you how much interest you'd earn if you put your money in an account and left it there for a full year. On the occasions I have needed to contact Atom the response as been quick and efficient. It is the United Kingdom's first bank built for smartphone or tablet, without any branches, and the first digital-only challenger bank to be granted a full UK regulatory licence. Firm registration number 458914. Atom bank plc is authorised by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority and the PRA. Atom Bank provides digital and commercial banking services. In H1 2017, it announced it was suspending the launch of current accounts (it is understood there are no plans by Atom to move into the current accounts market at present). 7.0 and up. Username * Password * Forgot password. “The future of banking, available today.” That’s the bold message adorning the homepage of newly-formed Atom Bank. and the UK lending market. Fixed rate savings accounts from 6 months to 5 years, all managed in-app. Content rating. We’re Atom, the UK’s first bank built exclusively for your mobile. Report. Registered office: The Rivergreen Centre, Aykley Heads, Durham DH1 5TS. We’ve got what you’re looking for. Registered Office; Glasshouse, Alderley Park, Nether Alderley, Cheshire, SK10 4ZE. Your password does not match the one we have saved for you previously. Fees included in getting a mortgage with Atom include: You can access support pages on Atom’s website easily enough, but the most direct method for gaining support is through the app. Smart Money People is the number 1 place online for your Atom Bank reviews. who is authorised and regulated by the Financial Conduct Authority. The Help & Support section allows you to access the live chat feature for any issues you may have. What is the Current Account Switch Service? ... "Atom bank", "Atom" and "Digital Mortgages by Atom bank" are trading names of Atom bank plc, a company registered in England and Wales with company number 08632552. Save. Starling Bank received a banking licence in July 2016, and launched the UK's first app-only current account in March 2017. Atom Bank has revealed that it might not launch its current account until 2019 with its boss blaming the looming threat of new regulation. We want to try and find you the right lender - to do this we may verify the personal data in your The lump sum fixed term account - which requires an initial deposit of at least £50 - will pay savers 2% interest on money locked away for a year. Instead, if you’ve got a business loan for example and you’re looking to spend a portion of the money abroad, check the details of your existing current account to find out whether you will incur a charge. Sign In. Atom was granted its banking licence in 2015 and launched to the public in 2016. Later in the year, it partnered with Deposit Solutions to offer retail deposits in Germany. and the UK lending market. Atom, the UK’s first app-based bank, has delayed plans to launch a current account until at least 2018. The bank broke signup records in March 2017 when it gained more than 5,000 new customers in a single day. Atom bank mobile app The company's banking services are offered with two market-leading Fixed Saver accounts and a loan offering for SMEs where it allows borrowers to manage everything in an application, providing clients a simple, straightforward and hassle-free process. Alternatively, you can get in touch with the Atom contact centre if you would prefer to talk to a representative about questions relating to savings, business loans or mortgages. We always want to provide the best service to our customers - to do this, we may need to Visit first direct ★★★★★ 79%: Starling: Starling Bank is a mobile-only current account that is gaining a reputation for offering great rates on international purchases and transfers. We are a comparison website that's authorised and regulated by the Financial Conduct Authority as a Changes in privacy laws give you greater rights and control as to how companies like us use your 3.2.9. Atom Bank General Information Description. combine, analyse and profile your personal data. Friday, 10 March, 2017. Money Guru Limited is an Introducer Appointed Representative (IAR) of Fluent Money Limited who is Atom bank postpones current account launch The digital-only lender, which has amassed close to £500m in loans and almost the same amount of deposits since its launch in April last year, had hoped to offer current accounts this year as part of an expansion drive funded by an £83m capital raising in March – according to the FT . Atom Bank is a retail bank in the United Kingdom. Do you like the sound of Atom Bank? Enter your email and password below to access your account. Founder says digital bank will open in second-half of 2015 Overall, even though Atom Bank doesn’t provide current accounts, what they do provide is a valuable addition to the current pool of challenger banks on the market. Alternatively it is stored on secure servers so your details can’t fall into the wrong hands. Robert has been a writer for six years, specialising in consumer finance Firm registration number 654425. So whether you're looking for reviews of their launch product, the fixed term savings account, their new digital mortgages, or their long anticipated current account, take a look below to see what our community is saying about their experiences of using the app. UK banks. Sign up. "Atom bank", "Atom" and "Digital Mortgages by Atom bank" are trading names of Atom bank plc, a company registered in England and Wales with company number 08632552. How to get a credit card for self-employed workers, How to avoid fees using credit cards abroad, Reclaiming and understanding credit card charges. authorised and regulated by the Financial Conduct Authority and is entered on the Financial Services Register Atom bank accounts are focused on savings and mortgages, which means it has no current account options and no bank card. Additionally, while you can access the Atom app while overseas, or even open an account, you might … UK digital lender concerned about extent of forthcoming regulation. The London-based firm built its IT systems from the ground up and has opened more than two million accounts, including 350,000 small business accounts. Atom Bank has launched a new one-year fixed rate bond with an interest rate of 2.05% – the first time a fixed rate savings account has paid more than 2% since April 2016. We are not a lender. Don't have an account? application with Credit Bureaus before sharing your application with lenders and brokers on our We also have relationships with a number of At Atom we’re lucky to have so many experienced banking brains, tech innovators and customer service professionals on our team. What is the Business Banking Switch Scheme? Registered office: The Rivergreen Centre, Aykley Heads, Durham DH1 5TS. Open in just 10 minutes. Money Guru Limited is an Introducer Appointed Representative (IAR) of Fluent Mortgages Limited Incredible — Atom Finance breaks the barrier of entry for traders that can’t afford a Bloomberg terminal. Concentrating on consumer credit products, Robert writes informative articles that Money Guru Limited is registered in England and Wales (company number 09842787), Operator of a mobile-only bank intended to offer internet banking services. Find out about our rates, terms, deposit amounts and more. Bad credit loan eligibility for self-employed. help customers manage Licenced by the Information Commissioner's Office, (registration number ZA188630). Offered By. View details. prevent fraud and aid debt recovery in the future. To add money in, go to the branch or online banking site for your connected account. This gives customers more options to choose from and an app-based solution for getting on the property ladder or starting their own business. Concentrating on consumer credit products, Robert writes informative articles that Take a look at our list of current accounts using the link below. Atom Bank has 360 employees across 2 locations, $584.52 m in total funding, and £46.51 M in annual revenue in FY 2020. Personal Loan Comparison UK: How to apply. Atom has no option for a current account, meaning you may want to look elsewhere if you’re after for a mobile-based bank account to travel with. help customers manage New … Contact us. companies where we share personal data to enhance and validate the data they hold and to use to At least one of our savings products was at the top of best buy table for a total of 116 days last year. Flag as inappropriate. Money Guru Limited is an Appointed Representative of Quint Group Limited, We provide full details in our Privacy Policy. Launching in 2016, Atom have gone from strength to strength in the challenger space, evolving as a popular alternative to high-street banks and priding themselves on a no-nonsense approach to lending.