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Help please

Looking to invest some cash in a fixed rate bond and see Atom bank has the best one year fixed rate, but only through their App, anyone used this bank, bit worried as it is through an app, views please

Comments

  • fiisch
    fiisch Posts: 511 Forumite
    Part of the Furniture 100 Posts Name Dropper
    You'd probably have more joy posting in this in the Savings and Investment thread...

    No reason to fear Atom Bank simply because they're App-only. It is the way some banks are moving to cut costs (and hence why they offer higher fixed rate interest) - have used in the past and would definitely recommend/use again.
  • sourcrates
    sourcrates Posts: 31,946 Ambassador
    Part of the Furniture 10,000 Posts I've been Money Tipped! Name Dropper
    Post moved to correct thread.
    I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter
  • badger09
    badger09 Posts: 11,683 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    dannio92 wrote: »
    Looking to invest some cash in a fixed rate bond and see Atom bank has the best one year fixed rate, but only through their App, anyone used this bank, bit worried as it is through an app, views please

    FSCS protected and decent rates. I have a fixed rate account with them. No issues with it except occasionally it doesn't recognise my face. However, that's probably user error:o

    If you're comfortable with the technology, its fine.
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