INSUBCONTINENT EXCLUSIVE:
pace.The challenger bank founded by Ricky Knox has launched its second credit card today, this time targeting people in the U.K
who have yet to build up a credit history at all
Credit cards are already one of the most effective ways of improving your credit score (presuming you are approved for one and always repay
The upstart bank says it is tapping into a climate where people are realising the importance of credit scores for building a better future
and how essential a decent credit score is when taking out further credit such as a car loan, mortgage and other longer-term financial
products.However, although the new Journey Card shares the same low FX fees when spending abroad, there are some key differences compared to
the original Tandem Cashback Card
These include no cash back, for starters, and what appears to be a higher APR in recognition of the higher risk Tandem is taking on.With
that said, both cards integrate with the Tandem mobile banking app, which acts as a Personal Finance Manager (PFM), including letting you
aggregate your non-Tandem bank account data from other bank accounts or credit cards you might have
Very recently the app has released a plethora of updates (including digital statements, at last!), and these include some useful budgeting
tools, which sits well alongside a credit card designed to help you build your credit score.Meanwhile, it is becoming clearer that Tandem
game-changer for the industry
